Advanced Statistics

Analysis of labor turnover rates, performance appraisal, training programs and planning of incentives are examples of role of

• statistics in personnel management

• statistics in marketing

• statistics in finance

• statistics in production

Focus groups, individual respondents and panels of respondents are classified as

• pointed data sources

• secondary data sources

• itemized data sources

• primary data sources

Variables whose measurement is done in terms such as weight, height and length are classified as

• continuous variables

• flowchart variables

• measuring variables

• discrete variables

Technique used to analyze unemployment rate, inflation rate anticipation and capacity utilization to manufacture goods is classified as

• data supplying technique

• data importing technique

• forecasting technique

• data exporting technique

Numerical methods and graphical methods are specialized procedures used in

• social statistics

• descriptive statistics

• business statistics

• education statistics

Measure of how well is a technique, concept or process is considered as

• continuity of variables

• validity

• goodness of variables

• reliability

Branch of statistics which considers ratio scale and interval scale is considered as

• parametric statistics

• distribution statistics

• non-parametric statistics

• sampling statistics

Reports on quality control, production and financial accounts issued by companies are considered as

• external secondary data sources

• external primary data sources

• internal secondary data sources

• internal primary data sources

In every phenomenon, process of thought that focus on identifying, controlling and reduction of variations in data is classified as

• parallel thinking

• statistical thinking

• serial thinking

• managerial thinking

Scale which categorize events in collectively exhaustive manner and mutually exclusive manner is classified as

• discrete scale

• valid scale

• continuous scale

• nominal scale