Applied Statistics in Business and Economics Quiz 1 With Instructor Notes

University of Phoenix OnlineCourse: RES / 341QUIZ # 1(Chapter 3 and 4 from Applied Statistics in Business and Economics )45 Questions [Each Question = 1 Point]SOLUTIONPlease mark single answer for totally multiple choice questions with RED!Chapter 3Multiple Choice1. Which is non a tip for effective bar charts?A) Time unremarkably goes on the horizontal axis. B) Bar height or length should be proportional to the quantity displayed. C) Label data set at the top of each bar unless graphing lots of data. D) The non-zero instauration swayer may be waived for financial reports. serve: D2. The ______________can be utilize to differentiate the ?vital few? causes of quality problems from the ? ineffectual galore(postnominal)? causes of quality problems. A) histogramB) scatter plotC) Pareto chartD) box plot make: C3. When using a pitter-patter plot to visualize a statistical distribution which of the future(a) is least discernible?A) Dispersion of data indoors the di stribution. B) primaeval tendency of data within the distribution. C) Location of data within the distribution. D) The shape of the distribution. Answer: D4. Which is not a useful symptomatic of a spatter plot?A) Simplicity. B) Legibility. C) Causation. D) Association. Answer: C5. Which display is around likely to die association?A) Dot plot. B) Scatter plot. C) Histogram. D) radar chart. Answer: B6.

We pay that the ideal number of classes in a frequency distribution willA) reflect Sturges? Rule. B) be based on aesthetic judgment. C) leave behind ?nice? class (bin) limits. D) have all of the above characteristics. Answ er: D7. Which is a reason for using a pound! collection plate for time series data?A) It is easier to match rates of diversify in time series of mixed magnitude. B) General business concern audiences find it easier to interpret a log scale. C) On a log scale, concern distance represents equal dollar amounts. D) arithmetic scales are harder... If you want to get a full essay, suppose it on our website: BestEssayCheap.com

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