QUANTITATIVE RESEARCH TECHNIQUES + STATISTICS – PEREGRINE EXAM WITH CORRECT ACTUAL QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST ALREADY GRADED A+

QUANTITATIVE RESEARCH TECHNIQUES +
STATISTICS – PEREGRINE EXAM WITH
CORRECT ACTUAL QUESTIONS AND
CORRECTLY WELL DEFINED ANSWERS
LATEST ALREADY GRADED A+



The confidence level - ANSWERS-measures the proportion
of times an estimation procedure will be correct in the long
run


Parameter - ANSWERS-a summary measure that is
computed


sample space - ANSWERS-the set of all possible outcomes of
a probability experiment


prior probabilities - ANSWERS-initial estimates of the
probabilities of events

, the standard error of the sample mean - ANSWERS-standard
deviation of the distribution of the sample means , Standard
deviation/sq rt (population size)


Business Statistics - ANSWERS-the collection,
summarization, analysis, and reporting of numerical findings
relevant to a business decision or situation


descriptive statistics - ANSWERS-uses graphical or numerical
techniques to summarize and present data


mean - ANSWERS-average


measure of variability - ANSWERS-how closely scores bunch
up around the central point; a statistic that indicates the
spread of distribution


range - ANSWERS-the difference between the highest and
lowest scores in a distribution


Median - ANSWERS-the middle score in a distribution; half
the scores are above it and half are below it