QMB 3602 Exam 1 Complete Guide

QMB 3602 Exam 1 Complete Guide Which if the following broad categories is not a type of analytic technique? ️manipulative analytics The people of Appleton, WI represent the _____, whereas we analyze the education level of a subset or _____ to make inferences about the population. ️population; sample A massive volume of both structured and unstructured data that is extremely difficult to manage, process, and analyze is known by which catch phrase? ️big data The 2019 FIFA Women's World Cup contained 52 matches in total with 24 teams competing. The use of _____ data will display team standings during and at the end of the tournament. ️cross-sectional According to a report in US Today, 38% of young people between the ages of 18-29 have at least one tattoo. What does the 38% represent? ️sample set According to a report in US Today, 38% of young people between the ages of 18-29 have at least one tattoo. What do the overall observations in the study represent? ️population Mary asks her friends on Facebook for recommendations for the best restaurants in Chicago. The results are then placed in a table for review. What does the data represent? ️cross-sectional data In big data, the most important aspect of any analytic initiative is _____. ️values What term refers to the credibility and quality of data? ️veracity When compiling data, it is important to know data comes in all types, forms, and granularity. This is known as ️variety. In a New York Times article, calls are being mounted to ease tech's grip on personal data. The concern is that a handful of companies holds most of the data. The immense amount of data is also called ️volume. Unstructured data is best defined as ️not conforming to a predefined, row-column format. Tobias Smith is working with his company's data to examine inventory information. His intent is to use the variables to express ratios on inventory turnover. Based on this description, what is the strongest level of measurement being used? ️ratio scale The time in hours spent sleeping per day is what kind of variable? ️continuous numerical Molly Nelson has been collecting temperatures in degrees Fahrenheit, daily over the past five spring seasons, to determine the optimal point to plant her heirloom tomatoes. Because the difference between each degree is the same, irrelevant of the temperature, this is what type of measurement scale? ️interval Which ethical standard in research most affects research data quality? ️Providing adequate training for data collectors Which of the following helps preserve the ethical standard of a thoroughly planned and executed research design? ️Avoiding personal bias in selecting a sample Which of the following helps preserve the research standard of limitations frankly revealed? ️Reporting issues affecting validity and reliability Which of the following helps preserve the effective research standard of purpose clearly defined? ️Distinguishes between symptom and problem Right of Non-Disclosure applies to which stage(s) of the research process? ️All stages of the research process Participant's Right to Safety applies to which stage(s) of the research process? ️Stage 3 of the