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QMB 3200 Exam QUESTIONS WITH DETAILED VERIFIED ANSWERS 2025/2026 (100% CORRECT ANSWERS) /ALREADY GRADED A+

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QMB 3200 Exam QUESTIONS WITH DETAILED VERIFIED ANSWERS 2025/2026 (100% CORRECT ANSWERS) /ALREADY GRADED A+

Institution
UFC QMB 3200
Course
UFC QMB 3200








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Institution
UFC QMB 3200
Course
UFC QMB 3200

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Uploaded on
March 7, 2025
Number of pages
3
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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  • ufc qmb 3200

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QMB 3200 Exam

Additional Law - ANS-possibility of at the least one occasion going on
binomial opportunity - ANS-Excel: =binom.Dist(price for x, n, p, T/F)
Bivariate Probability - ANS-includes 2 random variables
Categorical - ANS-numeric or ordinal values of dimension
Central Limit Theorem - ANS-identifies the form
Chebyshevs Theorem - ANS-A theorem that can be used to make statements about the
share of facts values that need to be within a particular quantity of general deviations of the
suggest.
Classical Method of Assigning Probabilities - ANS-used while an experiment has equally
probably consequences (coin toss)
Combination - ANS-counting rule allowing one to rely the number of experimental
consequences while selecting n items from a set of N objects
Complement of Event - ANS-all results that are not the event
Confidence Interval - ANS-c program languageperiod estimate of the suggest cost of u for a
given fee of x
Continuous Random Variable - ANS-any numerical value in an interval or collection of
durations
continuous random variable - ANS-random variable is within an interval
Covariance - ANS-descriptive degree of the linear affiliation between variables
=covariance.S(B:B,C:C)
Cross Sectional - ANS-statistics accrued at a comparable point in time
Crosstabulation - ANS-a tabular precis of facts for two variables
cumulative percent - ANS-suggests the percentage of records with values much less than or
identical to the higher restriction
cumulative relative frequency - ANS-shows the percentage of objects with values much less
than or same to the higher restriction of each elegance
Data - ANS-statistics and figures accumulated, analyzed, or summarized
Data Mining - ANS-makes a speciality of extracting predictive statistics from Big Data
Dataset - ANS-all of the records accrued in an evaluation
Descriptive Analytics - ANS-describes what has occurred within the beyond
Descriptive Staistics - ANS-describes the facts or variables
Discrete Random Variable - ANS-possibility function f(x) presents the profitability for each
value of the random variable
discrete random variable - ANS-random variable takes on precise fee
Element - ANS-the entity on which facts is amassed
Expected value - ANS-degree of central vicinity for a random variable
Exponential possibility distribution - ANS-beneficial for random variable measuring time
between c programming language
Excel: expon.Dist(fee for x, 1/suggest, T/F)
Frequency Distribution - ANS-tabular precis of statistics displaying the range of observations
in each of numerous non overlapping classes

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