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Exam (elaborations)

C207 MODULES 1, 2, 3, 4 AND 5 EXAM QUESTIONS AND ANSWERS

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C207 MODULES 1, 2, 3, 4 AND 5 EXAM QUESTIONS AND ANSWERS

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PNR 207
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Institution
PNR 207
Course
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Uploaded on
February 28, 2025
Number of pages
8
Written in
2024/2025
Type
Exam (elaborations)
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C207 MODULES 1, 2, 3, 4 AND 5 EXAM
QUESTIONS AND ANSWERS
A simple regression using time as the independent variable - Answer-Time series

A general s**** upward or downward over a period of time - Answer-Trend

Unforeseen circumstances causing random deviations - Answer-Irregularities

Repetition in up-and-down patterns - Answer-Cyclicality

Regular pattern within a single year - Answer-Seasonality

Represents the probability that a variable falls within a certain range - Answer-
Cumulative distribution

Z score for 99 percent level of confidence - Answer-2.576

Z score for 95% level of confidence - Answer-1.960

Measures of central tendency are approximately equal (mean and median) - Answer-
Normal distribution

Used to compare the mean of 3 or more groups - Answer-A Nova

A general soup upward or downward over a period of time - Answer-Trend

A Nova uses this test statistics - Answer-F value

A correlation is weak if the coefficient is close To - Answer-0

A correlation is strong if the coefficient is close to - Answer-One or negative 1

Model of designing analyzing and scoring tests - Answer-Item response theory IRT

How does the government different than the private sector in a cost benefit analysis's -
Answer-Government benefits aren't always money

Compares on individuals performance to other individuals - Answer-norm referenced

Used to analyze if funding is worth the outcome of a project - Answer-Cost benefit
analysis's

What is big data - Answer-Very large data sets

, Used to count all of the existing cases in a disease - Answer-Prevalence

Use account only the new cases of a disease - Answer-Incidents or incident rate

Compare individuals performance to a standard score - Answer-Criterion referenced

Used to analyze if funding is worth the outcome of a project - Answer-Cost benefit
analysis's

Management strategy that uses results of the central measurement of performance -
Answer-Results based management RBM

is the discovery, analysis and communication of meaningful patterns in data - Answer-
Analytics

is a prejudice in data that results when either the respondent or the interviewer have
and agenda that affects responses - Answer-Information Bias

places data into categories that are ordered by a predetermined criteria - Answer-
Ordinal Data

occurs when something (for example data or survey response) is missing - Answer-
Omission Error

is numerical data that is ordered, is equal distance apart and does not have a natural
zero - Answer-Interval Data

is consistent and repeatable - Answer-Reliable Data

represents errors in data caused by unpredictable statistical fluctuations - Answer-
Random Error

places data into "either or" categories or identifies by name or characteristic - Answer-
Nominal Data

includes cleaning and storage of collected data - Answer-Data management

is a massive amount of data that is difficult to process using traditional database and
software techniques - Answer-Big Data

is numerical data that has a natural zero allowing this data to be added, subtracted,
multiplied and divided - Answer-Ratio Data

is a prejudice in data that results when the sample is not representative of the
population be tested - Answer-Measurement Bias

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