universally. The scale is chosen depending on the information that the data is intending to represent. The four scales of measurement of data are nominal‚ ordinal‚ interval‚ and ratio. Each plays a different‚ yet very important role in the world of statistic a) Nominal scale Is the lowest level in scales of measurement? Is a way of grouping behavior‚ where actual numbers are simply labels or identifiers. -they do not put subjects in any particular order: no logical basis for the answers in each
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GM 03 Business Statistics Assignment II Assignment Code: 2012 GM03 B2 Last Date of Submission: 15th November 2012 Maximum Marks: 100 Attempt all the questions. All questions are compulsory and carry equal marks. SECTION – A 1. a) Explain the need for different forecasting techniques. How can we evaluate as to how good is our forecast. b) Collect data on the amount of expenditure you do each day for the next 25 days and
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MB0040 – Statistics for Management - 4 Credits (Book ID: B1129) Assignment Set - 1 (60 Marks) Q1. Define “Statistics”. What are the functions of Statistics? Distinguish between Primary data and Secondary data. Answer: Statistics is usually and loosely defined as: 1. A collection of numerical data that measure something. 2. The science of recording‚ organizing‚ analyzing and reporting quantitative information. Professor A.L. Bowley gave several definitions of Statistics. He defined
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s |COLLEGE OF THE BAHAMAS | |BUSINESS STATISTICS | |FIRST INTERM EXAM | |COURSE: STAT201
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distribution function for 100 normal random numbers. The K-S test is based on the maximum distance between these two curves. Characteristics and Limitations of the K-S TestAn attractive feature of this test is that the distribution of the K-S test statistic itself does not depend on the underlying cumulative distribution function being tested. Another advantage is that it is an exact test (the chi-square goodness-of-fit test depends on an adequate sample size for the approximations to be valid). Despite
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STAT 600 Statistics and Quantitative Analysis PROJECT: Stock return estimation The project must be done by 6-15 a.m. October‚ 16th. You should submit your projects before the class begins. This is a group project. Read the course outline for general guidelines. Good luck! The project is closely related to Lectures 1-5 of the class. Today is September 15‚ 2013 and you have just started your new job with a financial planning firm. In addition to studying for all your license exams‚ you have
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Explain errors of omission and errors of commission. Ans - == Errors of commission == An error of commission occurs when you record an incorrect value in posting. Such errors include original entry errors‚ transposition errors‚ calculation errors and reversal of entries. An original entry error occurs when an incorrect figure is recorded and posted. A prime instance of this is the ten-key error‚ where you accidentally hit the number above the correct key. For example‚ if you enter 7‚ instead
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Megan Galganski English 321 October 4‚ 2014 A debate has risen over the past ten years‚ questioning the fact of doctors over diagnosing ADHD medication to children and adults. Attention deficit disorder is a range of behavioral disorders occurring in children and adults‚ including such symptoms as poor concentration‚ hyperactivity‚ and impulsivity to say the least. There has been an alarming increase of diagnosis and treatment for attention deficit disorder‚ this has people writing articles
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Trajico‚ Maria Liticia D. BSEd III-A2 REFLECTION The first thing that puffs in my mind when I heard the word STATISTIC is that it was a very hard subject because it is another branch of mathematics that will make my head or brain bleed of thinking of how I will handle it. I have learned that statistic is a branch of mathematics concerned with the study of information that is expressed in numbers‚ for example information about the number of times something happens. As I examined on what
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writing. However‚ idiom errors are so rampant (television is a predominant culprit)‚ and faulty English assaults the ear so frequently that even the best students can stumble into the idiom trap. The 2400 Club counters this problem by actively studying correct usage. One of the best ways is to learn common verb-preposition pairs‚ which are tested frequently in the grammar and usage portions of the writing section of the SAT. When working on the identifying sentence errors section‚ pay close attention
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