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Business Analytics: Data Analysis notes
S. Christian Albright, Wayne L. Winston - ISBN: 9781337225274
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View all 22 notes for Business Analytics: Data Analysis , written by S. Christian Albright, Wayne L. Winston. All Business Analytics: Data Analysis notes, flashcards, summaries and study guides are written by your fellow students or tutors. Get yourself a Business Analytics: Data Analysis summary or other study material that matches your study style perfectly, and studying will be a breeze.
Best selling Business Analytics: Data Analysis notes
1. Probabilities that cannot be estimated from long-run relative frequencies of events are
a. objective probabilities b. subjective probabilities
c. complementary probabilities d. joint probabilities

2. The probability of an event and the probability of its complement always sum to
a. 1 b. 0
c. any value between 0 and 1 d. any positive value

3. If events A and B are mutually exclusive, then the probability of both events occurring simultaneously is
equal to
a. 0.0 b. 0.5
c. 1.0 d. any value be...
- Exam (elaborations)
- • 15 pages •
1. Probabilities that cannot be estimated from long-run relative frequencies of events are
a. objective probabilities b. subjective probabilities
c. complementary probabilities d. joint probabilities

2. The probability of an event and the probability of its complement always sum to
a. 1 b. 0
c. any value between 0 and 1 d. any positive value

3. If events A and B are mutually exclusive, then the probability of both events occurring simultaneously is
equal to
a. 0.0 b. 0.5
c. 1.0 d. any value be...
Test Bank for Business Analytics Data Analysis and Decision Making 6th Edition by S. Christian Albright, Wayne L. Winston
- Exam (elaborations)
- • 530 pages •
Test Bank for Business Analytics Data Analysis and Decision Making 6th Edition by S. Christian Albright, Wayne L. Winston
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Newest Business Analytics: Data Analysis summaries
1. A sample of a population taken at one particular point in time is categorized as:
a. categorical b. discrete
c. cross-sectional d. time-series
 c
2. Excel stores dates as
a. numbers b. variables
c. records d. text
 a
3. Researchers may gain insight into the characteristics of a population by examining a
a. mathematical model describing the population
b. sample of the population
c. description of the population
d. replica
 b
4. In order for the characteristics of a sample to be generalized to ...
- Exam (elaborations)
- • 25 pages •
1. A sample of a population taken at one particular point in time is categorized as:
a. categorical b. discrete
c. cross-sectional d. time-series
 c
2. Excel stores dates as
a. numbers b. variables
c. records d. text
 a
3. Researchers may gain insight into the characteristics of a population by examining a
a. mathematical model describing the population
b. sample of the population
c. description of the population
d. replica
 b
4. In order for the characteristics of a sample to be generalized to ...
1. Probabilities that cannot be estimated from long-run relative frequencies of events are
a. objective probabilities b. subjective probabilities
c. complementary probabilities d. joint probabilities

2. The probability of an event and the probability of its complement always sum to
a. 1 b. 0
c. any value between 0 and 1 d. any positive value

3. If events A and B are mutually exclusive, then the probability of both events occurring simultaneously is
equal to
a. 0.0 b. 0.5
c. 1.0 d. any value be...
- Exam (elaborations)
- • 15 pages •
1. Probabilities that cannot be estimated from long-run relative frequencies of events are
a. objective probabilities b. subjective probabilities
c. complementary probabilities d. joint probabilities

2. The probability of an event and the probability of its complement always sum to
a. 1 b. 0
c. any value between 0 and 1 d. any positive value

3. If events A and B are mutually exclusive, then the probability of both events occurring simultaneously is
equal to
a. 0.0 b. 0.5
c. 1.0 d. any value be...
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