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Examen
QMB3200 Exam 1 QUESTIONS AND CORRECT ANSWERS|ALREADY GRADED A+
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---10septiembre 20252025/2026A+
- QMB3200 Exam 1 QUESTIONS AND CORRECT ANSWERS|ALREADY GRADED A+ 
 
In a data set, the number of observations will always be the same as the number of _____. 
 
elements 
 
data sets 
 
variables 
 
data - Answer- elements 
 
Data collected at the same, or approximately the same, point in time are _____ data. 
 
static 
 
time series 
 
cross-sectional 
 
one-dimensional - Answer- cross-sectional 
 
When the data are labels or names used to identify an attribute of the elements, the variable has w...
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Examen
QMB3200 Exam 1 Rated A+ New Update
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---6septiembre 20252025/2026A+
- QMB3200 Exam 1 Rated A+ New Update 
 
A random sample of 121 bottles of cologne showed an average content of 4 ounces. It is known that the standard deviation of the contents (i.e., of the population) is .22 ounces. In this problem, the value .22 ounces is: - Answer- a parameter 
 
For a(n) _____ population, it is impossible to construct a sampling frame. - Answer- infinite 
 
When drawing a sample from a population, the goal is for the sample to: - Answer- match the targeted population 
 
A sim...
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Examen
QMB3200 Exam Rated A+ (Verified) 2025 New Update
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---3septiembre 20252025/2026A+
- QMB3200 Exam Rated A+ (Verified) 2025 New Update 
 
 
Descriptive Statistics - Answer- Refers to the summary of important information aspects of a data set. 
 
Nominal Scale - Answer- Represents the least sophisticated level of measurement. If we are presented with nominal observations, all we can do is categorize or group them. The observation differes merely by name or label. 
 
The observations for any variable can be classified into one of four major measurement scales: nominal, ordinal, int...
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Examen
QMB3200 Exam Newest 2025/2026 Complete Exam Questions And Correct Answers (Verified Answers) |Already Graded A+
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---4septiembre 20252025/2026A+
- QMB3200 Exam Newest 2025/2026 Complete Exam Questions And Correct Answers (Verified Answers) |Already Graded A+ 
 
Which of the following statements regarding a time series technique is true? - Answer- Time series techniques focus on the historical behavior of some outcome of interest to predict its future behavior. 
 
Which time series technique predicts a future value by combining the previous prediction and some portion of the error in the prediction? - Answer- Simple exponential smoothing 
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Examen
QMB3200 Exam Rated A+ Brand New!!
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---1septiembre 20252025/2026A+
- QMB3200 Exam Rated A+ Brand New!! 
 
population - Answer- is the entire collection of things under consideration 
 
parameter - Answer- is a summary measure computed to describe a characteristic of the population 
 
sample - Answer- is a portion of a subset of the populaton selected for analysis 
 
statistic - Answer- is a summary measure computed to describe a characteristic of the sample 
 
estimation - Answer- use sample to estimate population when NO CLAIM made about population 
 
hypothesis...
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Examen
QMB3200 Exam Answered Rated A+
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---5septiembre 20252025/2026A+
- QMB3200 Exam Answered Rated A+ 
 
______ data has the benefit of a true zero point - Answer- ratio 
 
a method of gathering data when subjects are exposed to certain treatments and the data of interest is recorded is known as ______ - Answer- experiments 
 
collecting data about the television viewers for the Summer Olympics is an example of using statistics in the field of ______ - Answer- advertising 
 
The Graduate Management Admission Test (GMAT) is a standardized test used by schools to det...
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Examen
QMB3200 Exam A+ Pass
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---29septiembre 20252025/2026A+
- QMB3200 Exam A+ Pass 
 
Excel's __________ can be used to construct a crosstabulation. 
 
a.COUNTIF function 
 
b.PivotTable Report 
 
c.Chart Tools 
 
d.SUM function - Answer- B 
 
The sum of the percent frequencies for all classes will always equal 
 
 number of items in the study 
 
b.100 
 
 
 
 number of classes - Answer- B 
 
Excel's Chart Tools can be used to construct a 
 
a. bar chart 
 
b. pie chart 
 
c. histogram 
 
d. All of these can be constructed using Excel's Char...
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Examen
QMB3200 EXAM COMPLETE ALL QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!
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---7septiembre 20252025/2026A+
- QMB3200 EXAM COMPLETE ALL QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!! 
 
The standard deviation of a point estimator is the - Answer- standard error 
 
Cluster sampling is - Answer- a probability sampling method 
 
The interquartile range is the difference between the - Answer- first and third quartiles 
 
A __________ can be used to graphically present quantitative data. - Answer- both a histogram and a stem-and-leaf display are correct 
 
The measu...
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