Exam 8: Statistical Functions

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

________ is a measure of a dataset's dispersion or the difference between the highest and lowest values.

(Short Answer)
4.8/5
(38)

The ________ function returns the forecasted values for a specific future target date using exponential smoothing.

(Short Answer)
4.9/5
(39)

The Greek letter mu is the symbol for standard deviation.

(True/False)
4.8/5
(42)

The ________ function returns the length of the repetitive pattern Excel detects for the time series.

(Short Answer)
4.8/5
(37)

In SUMIFS, AVERAGEIFS and COUNTIFS functions, you must have a(n)________ argument for each criteria_range argument.

(Short Answer)
4.7/5
(40)

The CORREL function would be useful to determine the strength of a relationship between two variables.

(True/False)
4.9/5
(39)
Match each of the following terms to its description:
Inferential Statistics
Defines characteristics of a population
Population
Add-in which assists with calculating inferential statistics
Descriptive Statistics
All the members of a group
Correct Answer:
Verified
Premises:
Responses:
Inferential Statistics
Defines characteristics of a population
Population
Add-in which assists with calculating inferential statistics
Descriptive Statistics
All the members of a group
Sample
A manageable subset of a dataset
Analysis ToolPak
Helps analyze differences between groups and relationships within groups of data
(Matching)
4.9/5
(40)

Excel 2016 has NO new functions in the Analysis ToolPak.

(True/False)
4.8/5
(43)

The RANK.EQ function returns ________.

(Multiple Choice)
4.9/5
(33)

Relative Standing measures ________.

(Multiple Choice)
4.9/5
(40)

This is the top three lines in a list of 8200 records.You want an average of the number of speeding tickets for Red Toyota Priuses.Which is the correct formula? This is the top three lines in a list of 8200 records.You want an average of the number of speeding tickets for Red Toyota Priuses.Which is the correct formula?

(Multiple Choice)
4.9/5
(32)

This formula will successfully count all green items in the range C2:C256. =COUNTIF(C2:C256,green)

(True/False)
4.8/5
(32)

The ________ is an add-in program that provides statistical analysis tools.

(Short Answer)
4.8/5
(38)

Which function would you use to test for a relationship between students' attendance and their test scores?

(Multiple Choice)
4.7/5
(33)

STDEV.S calculates the standard deviation of a sample.

(True/False)
4.8/5
(43)

This is the first 4 lines of an excel list of 3082 records. Which formula counts the number of Gold Level Members in the entire list? This is the first 4 lines of an excel list of 3082 records. Which formula counts the number of Gold Level Members in the entire list?

(Multiple Choice)
4.9/5
(44)

To determine how often a value occurs in a dataset, use the SUMIFS function.

(True/False)
4.8/5
(34)

A histogram is a pie chart created by the Analysis ToolPak.

(True/False)
5.0/5
(34)

What is the Criteria2 argument of: =COUNTIFS(A2:A64,"Blue",B2:B64,"Black")?

(Multiple Choice)
4.8/5
(42)
Match each of the following concepts to its most likely application:
Quartile 3
The value at the 50th percentile
Quartile 2
Lowest value in the dataset.Identical to using the MIN function.Allowed in QUARTILE.INC only
Quartile 1
The value at the 25th percentile
Correct Answer:
Verified
Premises:
Responses:
Quartile 3
The value at the 50th percentile
Quartile 2
Lowest value in the dataset.Identical to using the MIN function.Allowed in QUARTILE.INC only
Quartile 1
The value at the 25th percentile
Quartile 4
The value at the 75th percentile
Quartile 0
Highest value within the dataset.Identical to using the MAX function.Allowed in QUARTILE.INC only
(Matching)
4.7/5
(29)
Showing 61 - 80 of 100
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)