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 paladin 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 get hold may be waived for financial reports. solution: D2. The ______________can be use to differentiate the ?vital few? causes of quality problems from the ? ineffectual some(prenominal)? causes of quality problems. A) histogramB) scatter plotC) Pareto chartD) box plot attend: C3. When using a fare plot to visualize a distribution which of the future(a) is least seeming?A) Dispersion of data indoors the distribution. B) primaev al 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 spit plot?A) Simplicity. B) Legibility. C) Causation. D) Association. Answer: C5. Which display is around likely to name association?A) Dot plot. B) Scatter plot. C) Histogram. D) radar chart. Answer: B6.

We have a bun in the oven that the ideal number of classes in a frequency distribution willA) reflect Sturges? Rule. B) be based on aesthetic judgment. C) turn in ?nice? class (bin) limits. D) have all of the above character istics. Answer: D7. Which is a reason for us! ing a pound musical scale for time series data?A) It is easier to match rates of transmit in time series of mixed magnitude. B) General stemma audiences find it easier to interpret a log scale. C) On a log scale, concern distance represents equal dollar amounts. D) arithmetical scales are harder... If you want to get a full essay, regularise it on our website: BestEssayCheap.com

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