Exam 29: Statistical Functions

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Which of the following is not a function for measuring central tendency?

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Identify the statistical function used if the rank value returned for duplicate values was 8.5?

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Which of the following functions does not base its calculations on data samples?

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________ calculates the variance of a sample.

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The ________ is an Excel add-in that offers powerful tools for statistical analysis.

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Match the following terms with the corresponding description:
Variance
A measure of a dataset's dispersion,such as the difference between the highest and lowest test scores in a class
Population
A smaller,more manageable portion of the population
STDEV.P
The measure of how far the data sample is spread around the mean,in the original units of measure
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Variance
A measure of a dataset's dispersion,such as the difference between the highest and lowest test scores in a class
Population
A smaller,more manageable portion of the population
STDEV.P
The measure of how far the data sample is spread around the mean,in the original units of measure
Standard deviation
Calculates the standard deviation of a population
Sample
A data set that contains all the data you would like to evaluate
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How many condition arguments can be defined with the SUMIF function?

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What are the benefits of using the Analysis ToolPakover traditional statistical functions in Excel?

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A smaller more manageable portion of the population is called a ________.

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The PERCENTILE.EXC function is the best function to calculate the 25th percentile within a range of values.

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When created using the Analysis ToolPak,histograms cannot be deleted.

(True/False)
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Match the following terms with the corresponding description.
PHI
Returns 0.5 less than the standard normal cumulative distribution
Gamma
Returns the skewness of a distribution based on a population
Skew.P
Returns the value of the density function for a standard normal distribution
Correct Answer:
Verified
Premises:
Responses:
PHI
Returns 0.5 less than the standard normal cumulative distribution
Gamma
Returns the skewness of a distribution based on a population
Skew.P
Returns the value of the density function for a standard normal distribution
Gauss
Returns gamma value
Binom.dist.range
Calculates the probability of trial result using a binomial distribution
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The ________ is the range of cells that contain the values that are being evaluated for frequency of occurrence when using the FREQUENCY function.

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A CORREL value of .9 has a strong positive relationship.

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The FREQUENCY function can count words.

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Which function would be best used to determine the rank of each student in a graduating high school class?

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Which of the following functions will rank two values evenly if there is a duplicate value present?

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Which of the following functions will determine the standard deviation of a sample?

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What is the difference between COVARIANCE and ANOVA?

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What does the order argument of the RANK.EQ function define?

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