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Business Analytics Exam test quiz and answers graded A+

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Business Analytics Exam test quiz and answers graded A+

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Business Analytics Exam test quiz
and answers graded A+
Population - is the collection of all items of interest or under investigation

- N represents the population size

- all= population



Sample - is an observed subset of the population

-n represents sample size



Parameter - is a specific characteristic of a population



Statistic - is a specific characteristic of a sample



bar chart - a chart that displays horizontally and is used for comparison among individual items



line graph - is used to show values of a variable overtime

time is measured on there horizontal axis

variable of interest is on the vertical axis



pie chart - a chart that displays a comparison of each value to a total



histogram -



scatter diagram - a chart that shows the relationship between numeric variables



spreadsheet - a two dimensional grid that can be used to model quantitive data and perform
accurate and rapid calculations with results ranging from simple budgets to financial and statistical
analysis



cell - the intersection of a row and a column in a table or worksheet

, row - a horizontal set of cells that encompass all the columns in a worksheet



column - a vertical set of cells that encompasses all the rows in a worksheet



formula - performs a mathematical calculation using information in the active worksheets and other
worksheets to calculate new values , it contains cell references , constants, functions and
mathematical operators



worksheet - each instance of a spread sheet , grid columns and rows in which data is entered



what if analysis - an analysis that changes in a spread sheet to explore all the various results



record - all of the categories of data that pertain to one person, thing , place , event or idea and that
are formatted as a row in a worksheet or database table



field - a specific piece of information that is stored in every record and when formatted appears as a
column in a database table, an item of information in a worksheet column that is associated with
something of interest



workbook - is a file that contains one or more worksheets



active worksheet - is the worksheet that is visible in the excel application window and is denoted by
a white tab



cell reference - a reference to a particular cell or cell range within a formula or function instead of a
value



active cell - the cell that is the recipient of the action



Mode.Mult function - a function that returns the most frequently occurring values in a range of data



comment - a text box, similar to a sticky note

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