HBX Business Analytics Exam | Verified Exam Questions and Answers | Latest Updated Study Material 2026

HBX Business Analytics Exam | Verified Exam Questions and Answers |
Latest Updated Study Material 2026

Question:

three values that describe center of data set
Answer:

mean, median and
mode

Question:

mean
Answer:

equal to sum of all data points divided by number of data
points

Question:

median
Answer:

middle value of data set

Question:

mode
Answer:

the value that occurs most frequently in the data set

Question:

measure the spread of data
Answer:

range, variance and standard
deviation

Question:

standard deviation
Answer:

equal to the square root of the variance

, Question:

coefficient of variation
Answer:

measures the size of the standard
deviation relative to the size of the mean

Question:

coefficient of variation formula
Answer:

standard deviation/mean

Question:

conditional mean
Answer:

the mean of a subset of the data

Question:

correlation coefficient
Answer:

quantifies the strength of the relationship
between two variables

Question:

value of correlation coefficient
Answer:

-1 to +1

Question:

a correlation coefficient near zero
Answer:

indicates a weak or
nonexistent linear relationship