Lernkarten

Marco Wernli
Karten 43 Karten
Lernende 2 Lernende
Sprache English
Stufe Universität
Erstellt / Aktualisiert 23.01.2021 / 28.01.2021
Lizenzierung Keine Angabe
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0 Exakte Antworten 1 Text Antworten 42 Multiple Choice Antworten

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Fenster schliessen

Which of the following is implied from the standard error of the mean formula?

that true means of populations can be found easier than those of samples

that standard deviation increases with increase in sample size

that larger sample sizes provide greater accuracy in estimating the true population mean

that the true mean of the population can only be calculated using smaller sample sizes

Fenster schliessen

A ________ is one that provides a range for anticipating the value of a new observation from the same population.

prediction interval

confidence interval

t-distribution

standard normal distribution

Fenster schliessen

Which of the following propositions describes an existing theory or belief?

standard deviation

null hypothesis

proportion

alternative hypothesis

Fenster schliessen

Which of the following is the initial step in conducting a hypothesis test?

collecting data and calculating a test statistic

selecting a level of significance

identifying the population parameter of interest

determining a decision rule

Fenster schliessen

Which of the following is true about determining the proper form of the hypotheses?

H0 is statistically proved true while testing

failure to reject H0 proves H1 wrong

H0 is always assumed to be true in testing

H1 is always assumed to be true in testing

Fenster schliessen
Lizenzierung: Keine Angabe

Which of the following is the test statistic for a one-sample test for mean when the population standard deviation is unknown?

A)

B)

C)

D)

Fenster schliessen

Which of the following is necessary to calculate the variable cost of production for the company to develop a profit model?

unit sale price

quantity of item produced

quantity of item sold

fixed cost of production

Fenster schliessen

Calculate the coefficient of variation from the following data: 

z-score = 1.32; standard deviation = 0.173; mean = 4.7; total variation = 0.6 

27.16

156.66

0.04

-0.5

Fenster schliessen

Which of the following values of the coefficients of variation of stocks represents the least risky stock? 

1.0

0.005

0.5

0.045

Fenster schliessen

Which of the following describes a positively skewed histogram? 

a histogram that tails off toward the right

a histogram that has no fluctuation in mass

a histogram where more mass tails off toward the left

) a histogram where mass is only concentrated in the middle

Fenster schliessen

The ________ measures the degree of asymmetry of observations around the mean. 

coefficient of variation

return to risk factor

coefficient of skewness

coefficient of kurtosis

Fenster schliessen

Which of the following is true of the coefficient of skewness (CS)? 

If the CS is positive, the distribution of values tails off to the left.

If the CS value is between 0.5 and 1, the skewness is considered to be moderate.

If the CS is closer to zero, the degree of skewness is considered to be high.

If the CS value is between -0.5 and -1, the skewness is considered negligible.

Fenster schliessen

In statistics, ________ refers to the peakedness or flatness of a histogram. 

Sharpe ratio

entropy rate

Markov chain

kurtosis

Fenster schliessen

Which of the following is true of covariance, between two variables, when one of the deviations from the mean is positive and the other is negative? 

the degree of linear association is high between the two variables

there is no covariance between the two variables

the covariance will be negative

the covariance will be positive

Fenster schliessen

________ is a measure of the linear relationship between two variables, X and Y, which does not depend on the units of measurement. 

Kurtosis

Proportion

Skewness

Correlation

Fenster schliessen

Descriptive analytics ...

... can predict risk and find relationships in data not readily apparent with traditional analyses.

... helps companies classify their customers into segments to develop specific marketing campaigns.

... helps detect hidden patterns in large quantities of data to group data into sets to predict behavior.

... can use mathematical techniques with optimization to make decisions that take into account the uncertainty in the data.

Fenster schliessen

Which of the following is an example of a measure of continuous metrics? 

four errors revealed in an invoice

a delivery delayed by seven days

weight and volume of a sheet of steel

three incomplete orders on a day

Fenster schliessen

Which of the following is the mathematical model for deriving total cost of only manufacturing? 

TC = VC + (C × Q)

TC = F + (C × Q)

TC = F + C

TC = F + (V × Q)

Fenster schliessen

Which of the following ways would 102 × 53/100 - 73 be represented in an Excel spreadsheet?

10(2) * 5(3) / 100 ^ 73

10(2) ^ 5(3) / 100 - 73

10^2 * 5^3 / 100 - 73

10*2 ^ 5*3 / 100 - 73

Fenster schliessen
Lizenzierung: Keine Angabe

Below is the spreadsheet for demand prediction of a company that sells chocolates.

Given that D = a-bP, where D, is demand, "a" and "b," are linear constants, and P, is price, from the below spreadsheet, how will the formula in B9 be represented in Excel using relative addressing? 

B4-B5*A9

C5-C6*A10

B4-B5*A10

B5-B6*A10

Fenster schliessen

Which EXCEL function is used to find the largest value in a range of cells?

SUM(range)

COUNT(range)

MAX(range)

COUNTIF(range, criteria)

Fenster schliessen

________ is a logical function that returns one value if the condition is true and another if the condition is false.

OR(condition 1, condition 2…)

AND(condition 1, condition 2…)

TO(value if true, value if false)

IF(condition, value if true, value if false)

Fenster schliessen

 If cell G7 contains the function ________, it states that if the value in cell C3 is 9, the number 7 will be assigned to cell G7; if the value in cell C3 is not 9, the number 4 will be assigned to cell G7.

=IF(G7=9)(G7=7)=OR(G7=4)

=IF(G7=7)=THEN(C3=9)=OR(C3=4)

=IF(C3=9)(C3=7)=OR(C3=4)

=IF(C3=9,7,4)

Fenster schliessen

Which of the following charts provides a useful means for displaying data over time?

Scatter chart

A doughnut chart

Pie chart

Line chart

Fenster schliessen

Which of the following charts shows three-dimensional data?

Surface chart

Column chart

Stock chart

Doughnut chart

Fenster schliessen

The purpose of sampling is to ________.

enumerate all the values in the population

measure all items of interest for a particular interest or investigation

obtain sufficient information to draw a valid inference about a population

calculate all variables and observations within a population

Fenster schliessen

In statistical notation, the elements of a data set are typically labeled as ________.

summation operators

letters in capitals

Greek letters

subscripted variables

Fenster schliessen

According to statistical notations, what does Σ stand for?

to act as a summation operator

to represent sample statistics

to represent population measures

to represent the number of items in a population

Fenster schliessen
Lizenzierung: Keine Angabe

Which of the following measures of location is calculated using the formula in the picture below, where is the number of observations? 

midrange

sample mean

mode

median

Fenster schliessen

Which of the following is true for a median? 

A median is only meaningful for interval or ordinal data and not for ratio data.

Medians can be calculated no matter how the data is arranged.

Medians are affected by outliers.

For an even number of observations, the median is the mean of the two middle numbers.