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BSNS112 Exam Prep Questions And Answers ()

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BSNS112 Exam Prep Questions And Answers ()

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BSNS112 Exam Prep Questions And Answers (202472025)
What does quantitative data use? - ✔✔Means


What is discrete data? - ✔✔Quantitative. Measured in specific values


What is continuous data? - ✔✔Quantitative. Measure in infinite values


What does qualitative data use? - ✔✔Proportions


What is ordinal data? - ✔✔Qualitative. Conveys a ranking


What is nominal data? - ✔✔Qualitative. Uses labels (no ranking)


What variables does a cross tabulation table use? - ✔✔Categorical and categorical


What variables does a scatter plot use? - ✔✔Numerical and numerical


What variable(s) does a frequency table use? - ✔✔One categorical variable


What variables does a stacked/clustered bar chart use? - ✔✔Categorical and categorical


What variables does a relative frequency histogram use? - ✔✔Categorical and numerical


Define mean - ✔✔Simple average


Define median - ✔✔Middle value when data is ranked


Define mode - ✔✔Most frequent value

,Define trimmed mean - ✔✔Average when most extreme 5% of data is cut


Define range - ✔✔maximum - minimum


Define interquartile range - ✔✔75th percentile - 25th percentile


Define variance - ✔✔spread of data around mean (σ²)


What happens when standard deviation increases? - ✔✔Graph widens


Define coefficient of variation - ✔✔Compares variability between groups with different
magnitudes


Coefficient of variation equation - ✔✔SD / x̅ where x̅ is the sample mean


What does it mean by a positively skewed graph? - ✔✔Tail trails to the right. Mean > Median >
Mode


What does it mean by a negative skewed graph? - ✔✔Tail trails to the left. Mode > Median >
Mean


When is a graph significantly skewed? - ✔✔Skewness more than twice the standard error


Define kurtosis - ✔✔Measure of the extent to which observations cluster around a central point


What is the normal distribution kurtosis value? - ✔✔0


Define positive kurtosis - ✔✔Data clusters more in the centre

, Define negative kurtosis - ✔✔Data clusters less in the centre


How is cross-sectional data collected? - ✔✔By observing many subjects at the same point of
time, or without regard to differences in time


What is time-series data? - ✔✔A sequence taken at successive equally spaced points in time
(discrete-time data)


Define association - ✔✔How one variable relates to another


Define covariance - ✔✔Measure of the co-movement between 2 variables (measured in units)


Define positive covariance - ✔✔2 variables move in the same direction


Define negative covariance - ✔✔2 variables move in the opposite direction


Define the correlation coefficient - ✔✔Measure of the linear relationship between 2 variables
(scaled to equal a value between -1 and +1)


Define positive correlation - ✔✔2 variables move in the same linear direction


Define negative correlation - ✔✔2 variables move in the opposite linear direction


Define parameter - ✔✔A summary measure that describes a characteristic of the population


Define statistic - ✔✔A summary measure that describes a characteristic of a sample


Define simple random sampling - ✔✔Everyone is equally likely to be chosen from a population

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