C723 Quantitative Analysis for Business-
Final WGU
Alternative speculation (H1) - ANS--represents the other of the null speculation
-believed to be proper if the null hypothesis is determined to be fake
-continually states that the populace parameter is >, ≠, or < a specific cost
Central Limit Theorem - ANS-states that the pattern approach of huge-sized samples could be
usually dispensed no matter the form of their populace distributions
Central tendency - ANS-is a single price used to describe the middle point of a statistics set
Chebyshev's Theorem - ANS--states that for any range z greater than 1, the percent of the
values that fall within z trendy deviations above and below the suggest will be as a minimum
-applies irrespective of distribution
Conditional chance - ANS-the chance of Event A going on, given the circumstance that Event B
has took place
confidence c program languageperiod for the suggest - ANS-is an c language estimate round a
pattern imply that gives us with a range inside which the genuine population suggest is
predicted to lie
self belief level - ANS-is described because the probability that the c programming language
estimate will consist of the population parameter of interest
Continuous records - ANS--Can probably take on any cost, depending most effective at the
ability to measure accurately
-Often measured, fractional values are possible
Correlation analysis - ANS--is used to degree both the energy and direction of a linear dating
among variables
-A courting is linear if the scatter plot of the independent and based variables has a straight-line
pattern
correlation coefficient, r - ANS--shows each the electricity and path of the linear courting
between the impartial and established variables
Descriptive records - ANS-Collecting, summarizing, and displaying information
Final WGU
Alternative speculation (H1) - ANS--represents the other of the null speculation
-believed to be proper if the null hypothesis is determined to be fake
-continually states that the populace parameter is >, ≠, or < a specific cost
Central Limit Theorem - ANS-states that the pattern approach of huge-sized samples could be
usually dispensed no matter the form of their populace distributions
Central tendency - ANS-is a single price used to describe the middle point of a statistics set
Chebyshev's Theorem - ANS--states that for any range z greater than 1, the percent of the
values that fall within z trendy deviations above and below the suggest will be as a minimum
-applies irrespective of distribution
Conditional chance - ANS-the chance of Event A going on, given the circumstance that Event B
has took place
confidence c program languageperiod for the suggest - ANS-is an c language estimate round a
pattern imply that gives us with a range inside which the genuine population suggest is
predicted to lie
self belief level - ANS-is described because the probability that the c programming language
estimate will consist of the population parameter of interest
Continuous records - ANS--Can probably take on any cost, depending most effective at the
ability to measure accurately
-Often measured, fractional values are possible
Correlation analysis - ANS--is used to degree both the energy and direction of a linear dating
among variables
-A courting is linear if the scatter plot of the independent and based variables has a straight-line
pattern
correlation coefficient, r - ANS--shows each the electricity and path of the linear courting
between the impartial and established variables
Descriptive records - ANS-Collecting, summarizing, and displaying information
