BUAD 2305 Midterm Review

The data measured on ordinal scale exhibits all the properties of data measured on

A method of assigning probabilities based upon judgment is referred to as the _____ method.

The sum of frequencies for all classes will always equal

The collection of all possible sample points in an experiment is

The value which has half of the observations above it and half the observations below it is called the

When computing the mean, the smallest value

Which of the following graphical methods shows the relationship between two variables?

An important numerical measure of the shape of a distribution is the

Quantitative data

A method of assigning probabilities which assumes that the experimental outcomes are equally likely is referred to as

An unusually small or unusually large data value is called

Data are

μ is an example of a

Categorical data

The scale of measurement that is used to rank order the observation for a variable is called the _____ scale.

The difference between the largest and the smallest data values is the

The intersection of two mutually exclusive events

Which of the following is a measure of variability?

The union of events A and B is the event containing all the sample points belonging to

The 50th percentile is the

The 75th percentile is referred to as the _____ quartile.

The relative frequency of a class is computed by

Which of the following provides a measure of central tendency for the data?

The sum of the percent frequencies for all classes will always equal

The most frequently occurring value of a data set is called the

The scale of measurement that has an inherent zero value defined is the _____ scale.