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1. Explain the difference between data and information.
2. What is the difference between a population and a sample?
3. List the different types of charts available in Excel, and explain characteristics of data sets that make each chart most appropriate to use.
4. What does skewness measure? Interpret the value of the coefficient of skewness as obtained in Excel.
5. What is a proportion? Provide some practical examples where proportions are used in business.
Write a one-page essay in which you explore insights into your own critical thinking process gained through this exercise. "Dimensions of Critical Thinking"
X and Y are both standard normal random variables (mean = 0, standard deviation = 1), statistically independent of each other. Create a simulation model to estimate the probability that X and Y are both positive and that their sum is less or equal..
What is the percentage of scores falling between the mean and a raw score of 84 and what is the probability of a score falling above a raw score of 86?
Why is statistical analysis preferable to visual inspection ("eye-balling") of data when making managerial decisions?
State the hypotheses that you are going to test.
What is the benefit to using statistical vs. random sampling to the auditor? What types of statistical sampling techniques used in auditing are attribute sampling and variables sampling?
Identify quantifiable elements that can be used to evaluate, monitor, and control the effectiveness of your marketing plan. The phones will be marketed globally thru AT&T. The budget is US dollars.
Write a project proposal on relationship between speed, flow and geometry on single carriageway roads.
Calculate a simple one-year credit default swap spread using a recovery rate of 30% and an unconditional default probability of 4%. Assume that there are no accruals, payments are made annually and ignore discounting any cash flows.
Differentiate among the four type of measurement scales, and tell me the type of information. The advantage and disadvantages of open-ended questions and closed ended questions.
modelise as a markov chain
Difference in haemoglobin concentration at enrolment between women with detectable peripheral malaria parasites and those without detectable parasites?
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