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Exam (elaborations)

ECN 221 ASU Foster Questions and Answers with Verified Solutions | Latest 2026 Update

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ECN 221 ASU Foster Questions and Answers with Verified Solutions | Latest 2026 Update

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ECN 221 ASU Foster Questions and Answers with Verified Solutions |
Latest 2026 Update




Q: Cumulative Frequency Distribution

Answer:
Shows the NUMBER of items with values less than or
equal to the upper limit of each class

Q: Cumulative Relative Frequency Distribution

Answer:
Shows the PROPORTION of items with values
less than or equal to the upper limit of each class

Q: Cumulative Percent Frequency Distribution

Answer:
Shows the PERCENTAGE of items with values
less than or equal to the upper limit of each class

,ECN 221 ASU Foster Questions and Answers with Verified Solutions |
Latest 2026 Update




Q: Cumulative Distributions

Answer:
-Last entry of frequency distribution always equals the total
number of observations
Last entry in a cumulative relative frequency distribution always equals 1.00
Last entry in a cumulative percent frequency distribution always equals 100

Q: Stem and leaf display

Answer:
Shows both the rank order and shape of distribution of the data. Like
Histogram on its side but shows actual data values. First digits of each data item are
arranged to
the left of a vertical line.

Q: Crosstabulation

Answer:
Method for summarizing the data for two variables

,ECN 221 ASU Foster Questions and Answers with Verified Solutions |
Latest 2026 Update




Q: Crosstabulation

Answer:
Can be used when
1 variable is categorial and other quanitative
Both are categorical
Both are quantitative

Q: Scatter Diagram

Answer:
Graphical Representation of the relationship between two quantitative
variables.
Trendline provides approximation of the relationship

, ECN 221 ASU Foster Questions and Answers with Verified Solutions |
Latest 2026 Update




Q: Side by side bar chart

Answer:
Depicts multiple bar charts on same display. Each cluster of bars
represent one value of the first variable. Each bar IN a cluster represents one value of
the
second variable

Q: Stacked bar chart

Answer:
Way to display and compare two variables on the same display. All bars
will equal 100%.

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