UCF FINAL QMB 3200 STACEY BROOK SUMMER 2023/2024 with Complete Solutions

UCF FINAL QMB 3200 STACEY BROOK SUMMER 2023/2024 with Complete Solutions Dataset - Correct Answer all the data collected for a particular analysis Data - Correct Answer The facts & figures collected, analyzed, and summarized for presentation and interpretation. Element - Correct Answer The entity on which data is collected. Variable - Correct Answer a characteristic of interest of an element. Observation - Correct Answer The variables associated with an individual element. Categorical Data - Correct Answer Use numeric or ordinal values of measurement of categories. Quantitative Data - Correct Answer use numeric (quantitative) measures Cross-sectional Data - Correct Answer data collected at a similar point in time. Time Series - Correct Answer data collected over several time periods. Panel Data - Correct Answer combination of cross-sectional and time series data. Descriptive Statistics - Correct Answer Describes data or variables Population - Correct Answer Is the set of all data/variables of a statistical analysis.