$8.00 BUS308: Statistics for Managers-Week 1 QuizISBN: 9780073373
Book Title: Essentials of Business Statistics
Book Author: Bruce Bowerman, Richard O'Connell, Burdeane J. Orris,
Found in Business: Accounting
Chapter 1, # 0
Statistical inference is the science of using a sample of measurements to make generalization about the important aspects of a population of measurements.
The population mean is the average of the population measurements.
Statistical methods help to:
The median is said to be resistant to extreme values.
Measurements from a population are called
In studying processes, we are interested in examining a characteristic that tells us about the _____ of output.
A plot of the values of a dependent variable y versus the values of an independent variable x is a _____ plot.
A numeric characteristic of a sample is a
All of the following are measures of central tendency except the
An example of a quantitative variable is the make of a car.
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