Multimodal- data sets that contain two or more modes. Claim a Thinkswap Bounty Do you know if the Subject listed above has changed recently? Sample- A sample is a subset of the units in a population. Subjects under University of Technology Sydney. Each document purchased on Thinkswap is covered by our Satisfaction Guarantee policy.
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Discrete data often arise from counting processes, while continuous data arise from measurements. Quartiles- are measures of location that divide a set of data into four subgroups or parts.
For a detailed description of calculating percentiles, go to page 61 of the textbook. Mode- most frequently occurring value in a set of data. Search for University or High School documents on Thinkswap. Topics this document covers: Business Stats Revision This student studied: Sample- A sample is a subset of the units in a population. Browse other Institutions and Certificates.
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Claim a Thinkswap Bounty Do you know if the Subject listed above has changed recently? Areas of Application - Monitoring stock markets, investments and commodities Reporting economic data interest rates, un-employment, consumer confidence, etc.
Statistical tests Statistics Measurement Statistical inference Confidence interval Standard error Statistical hypothesis testing Hypothesis testing Statistical theory Margin of error Sample size determination T-statistic.
What are Exchange Credits: Thinkswap Satisfaction Guarantee Each document purchased on Thinkswap is covered by our Satisfaction Guarantee policy. The third quartile, divides the first three quarters of the data from the last quarter and is equal to the shatistics of the 75th percentile.
This cannot be ranked in any meaningful way and thus is an example of a nominal data type. Swap a document of your own, or purchase exchange credits.
The three quartiles are denoted as Q1, Q2 and Q3. A business researcher often wants to estimate the value of a parameter or draw inferences about the parameter.
Business Statistics - Lecture notes - 1 - 3
Percentiles- are measures of location that divide a set of data so that a certain fraction of data can be described as falling on or below this location. University of Technology Sydney. Comments Please sign in or register to post comments. Examples of statistics are sample mean, sample standard deviation and sample variance.
Subjects under University of Technology Sydney. Mean arithmetic mean - the average of a set of numbers. Distinction between the two terms is important. Anonymous has shared a Document from Thinkswap with you:.
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You are currently viewing a preview. This is a Partial Set of Study Notes Partial Study Notes typically cover only single topics of a unit of study or do not cover multiple topics in significant detail. Buxiness you are not satisfied with the quality of any document, or you believe the document was incorrectly described or categorised, Thinkswap will provide a full refund of exchange credits so you can check out another document.
Anonymous has shared a Document from Thinkswap with you:. For example, statiistics employment of a person teacher, doctor. I was able to review business statistics.