Exam 3: Finding Relationships Among Variables
Exam 1: Introduction to Business Analytics24 Questions
Exam 2: Describing the Distribution of a Variable73 Questions
Exam 3: Finding Relationships Among Variables56 Questions
Exam 4: Business Intelligence Bifor Data Analysis62 Questions
Exam 5: Probability and Probability Distributions132 Questions
Exam 6: Decision Making Under Uncertainty79 Questions
Exam 7: Sampling and Sampling Distributions78 Questions
Exam 8: Confidence Interval Estimation60 Questions
Exam 9: Hypothesis Testing70 Questions
Exam 10: Regression Analysis: Estimating Relationships80 Questions
Exam 11: Regression Analysis: Statistical Inference69 Questions
Exam 12: Time Series Analysis and Forecasting95 Questions
Exam 13: Introduction to Optimization Modeling70 Questions
Exam 14: Optimization Models87 Questions
Exam 15: Introduction to Simulation Modeling58 Questions
Exam 16: Simulation Models59 Questions
Exam 17: Data Mining30 Questions
Exam 18: Analysis of Variance and Experimental Design24 Questions
Exam 19: Statistical Process Control24 Questions
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Displaying all correlations between 0.6 and 0.999 on a scatterplot as green and all correlations between -1.0 and -0.6 as red is known as _____ formatting.
(Multiple Choice)
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The tool that provides useful information about a data set by breaking it down into categories is a
(Multiple Choice)
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Counts for a categorical variable are often expressed as percentages of the total.
(True/False)
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Correlation and covariance can be used to examine relationships between numeric variables as well as for categorical variables that have been coded numerically.
(True/False)
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A line or curve superimposed on a scatterplot to quantify an apparent relationship is known as a(n)
(Multiple Choice)
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To examine relationships between two categorical variables,we can use
(Multiple Choice)
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An example of a joint category of two variables is the count of all non-drinkers who are also nonsmokers.
(True/False)
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The correlation between two variables is unitless and always between -1 and +1.
(True/False)
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Approximate the percentage of these Internet users who are single with no formal education beyond high school.
(Short Answer)
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Relationships between two variables are less evident when counts are expressed as percentages of row totals or column totals.
(True/False)
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If the coefficient of correlation r = 0 .80,the standard deviations of X and Y are 20 and 25,respectively,then Cov(X,Y)must be 400.
(True/False)
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Approximate the percentage of these Internet users who are married with formal education beyond high school.
(Short Answer)
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Comparing a numerical variable across two or more subpopulations is known as a comparison problem.
(True/False)
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To form a scatterplot of X versus Y,X and Y must be paired variables.
(True/False)
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Tables used to display counts of a categorical variable are called
(Multiple Choice)
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Approximate the percentage of these Internet users who are married.
(Short Answer)
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Strongly related variables may have a correlation close to zero if the relationship is nonlinear.
(True/False)
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