BUS 308 Week 1 Quiz (New) To Purchase This Material Click below Link http://www.bus308helps.com/product-58-BUS-308-Week-1-Quiz-(New) FOR MORE CLASSES VISIT www.bus308helps.com
1. Question : In statistical notation, M is to μ as s is to σ. Question 2. Question : A parameter refers to a sample characteristic. Question 3. Question : Data on the city from which members of a board of directors come represent interval data. Question 4. Question : In a frequency distribution such as a bell-shaped curve, what does the vertical height of the curve indicate? Question 5. Question : The z transformation makes data normal. Question 6. Question : Data on the ages of customers are ratio scale data. Question 7. Question : A probability is found by dividing the number of possible outcomes (o) by the number of successes € = o/e. Question 8. Question : The z-score indicates where an individual data value lies within the data set. Question 9. Question : The standard deviation of normally distributed data sets is equal to about 1/6 of the data set’s range. Question 10. Question : The probability of two independent events occurring together equals the product of each of the individual event probabilities.