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C207 OA 2026 QUESTIONS AND ANSWERS | A+ GRADED | WITH EXPERT SOLUTIONS

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C207 OA 2026 QUESTIONS AND ANSWERS | A+ GRADED | WITH EXPERT SOLUTIONS

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C207 OA 2026 QUESTIONS AND ANSWERS | A+ GRADED | WITH EXPERT SOLUTIONS



Descriptive statistics are used to ____ - (ANSWER)Inform / Explanatory



Inferential statistics are used to ____ - (ANSWER)Predict / Trend



Name the 4 levels of measurement (NOIR) - (ANSWER)Nominal, Ordinal, Interval, Ratio



Identify, Group, or Categorize - (ANSWER)Nominal



Orders data with equal distance apart (numerical, no true zero) - (ANSWER)Interval



Place qualitative objects in some kind of order - (ANSWER)Ordinal



Continuous data with a unique/true zero point - (ANSWER)Ratio



This error repeats itself - (ANSWER)Systematic Error - Skewed results



Unpredictable error - (ANSWER)Random Error - No correlation



Error that may occur from missing data (Example: space not filled in) - (ANSWER)Omission Error -
Distorted results



Outliers create this type of error - (ANSWER)Out-of-Range Error



What is the process of quality control? - (ANSWER)Reduce / Minimize errors



The procedure the researcher applies to each subject - (ANSWER)Treatments



Used when impractical or impossible to control the conditions of the study - (ANSWER)Observational
Study

, C207 OA 2026 QUESTIONS AND ANSWERS | A+ GRADED | WITH EXPERT SOLUTIONS




Participants are not told if they are in the treatment group or control group - (ANSWER)Blind Study



All variable measurements and manipulations are under the researcher's control -
(ANSWER)Experimental Study



Neither the treatment allocator nor the participants know who is in the treatment or control group -
(ANSWER)Double Blind Study



Bias that occurs from not selecting a random sample - (ANSWER)Measurement Bias



The average outcome (payoff) when the future includes scenarios that may or may not happen -
(ANSWER)Expected Monetary Value (EMV) Analysis



Observation points that are distant from other observations - (ANSWER)Outliers



Questions favor an outcome or the interviewer asks questions that favor an outcome -
(ANSWER)Information Bias



Bias introduced because respondents believe it will be beneficial if selected - (ANSWER)Conscious Bias



Measures the difference between the third and first quartile - (ANSWER)IQR: Interquartile Range



Formula to calculate the IQR - (ANSWER)IQR = Q3 - Q1



Formula to calculate outliers BELOW the IQR - (ANSWER)Q1 - 1.5 * IQR



Formula to calculate outliers ABOVE the IQR - (ANSWER)Q3 + 1.5 * IQR

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