Statistics, Finance And Accounting

Question: When you are figuring out How to collect, process and analyze data, you are:
A
Designing your research

B
Analyzing your data

C
Reporting new findings

D
Constructing a hypothesis

Note: Not available
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Question: The following statements regarding a Hypothesis are true except:
A
A hypothesis is an educated guess.

B
It is an assumption based on relationship between two or more variables.

C
It helps to design your research.

D
It can be true or false.

Note: Not available
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Question: Statistics can be divided into 2 broad sections. One is Descriptive Statistics, the other is:
A
Inferential Statistics

B
Cumulative Statistics

C
Differential Statistics

D
Analytical Statistics

Note: Not available
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Question: In statistical analysis, central tendency points to the clustering of the data around a _____________.
A
median

B
central value

C
mode

D
point

Note: Not available
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Question: Which data category uses numbers to indicate a classification?
A
Cardinal

B
Ordinal

C
Nominal

D
Parametric

Note: Not available
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Question: Numerical data can be presented by way of which of the following:
A
Ordered array

B
Pareto diagram

C
Frequency distribution

D
Ordered array & Pareto diagram

E
Ordered array & Frequency distribution

F
Pareto diagram & Frequency distribution

Note: Not available
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Question: Trying to learn more about a larger population from a small sample, is an example of:
A
descriptive analysis

B
inferential analysis

C
exploratory analysis

D
none of these

Note: Not available
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Question: Of the three Measures of central tendency, which one is the most sensitive to outliers?
A
Mean (Arithmetic)

B
Median

C
Mode

Note: Not available
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Question: _________ is one of the basic methods of inferential statistics that helps a researcher determine the difference between a real and a random pattern in a data set.
A
Hypothesis testing

B
Population parameters

C
Regression analysis

D
Sample testing

Note: Not available
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Question: Cluster sampling and Stratified sampling form part of Probability Sampling Methods.
A
True

B
False

Note: Not available
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Question: When you are figuring out How to collect, process and analyze data, you are:

Question: The following statements regarding a Hypothesis are true except:

Question: Statistics can be divided into 2 broad sections. One is Descriptive Statistics, the other is:

Question: In statistical analysis, central tendency points to the clustering of the data around a _____________.

Question: Which data category uses numbers to indicate a classification?

Question: Numerical data can be presented by way of which of the following:

Question: Trying to learn more about a larger population from a small sample, is an example of:

Question: Of the three Measures of central tendency, which one is the most sensitive to outliers?

Question: _________ is one of the basic methods of inferential statistics that helps a researcher determine the difference between a real and a random pattern in a data set.

Question: Cluster sampling and Stratified sampling form part of Probability Sampling Methods.