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 brainiac 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 line up may be waived for financial reports. coiffure: D2. The ______________can be apply to differentiate the ?vital few? causes of quality problems from the ? ineffectual umpteen? causes of quality problems. A) histogramB) scatter plotC) Pareto chartD) box plot rejoinder: C3. When using a disperse plot to visualize a dissemination which of the future(a) is least observable?A) Dispersion of data indoors the distribution. B) pr imaeval 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 peril association?A) Dot plot. B) Scatter plot. C) Histogram. D) radar chart. Answer: B6.

We predict that the ideal number of classes in a frequency distribution willA) reflect Sturges? Rule. B) be based on aesthetic judgment. C) fork out ?nice? class (bin) limits. D) have all of the above characteristics. Answer: D7 . Which is a reason for using a pound crus! tal plate for time series data?A) It is easier to match rates of trade in time series of mixed magnitude. B) General chore 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, give it on our website: OrderCustomPaper.com

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