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Exploring Business Statistics

Authored by Prof.Dhanapal C

Arts

University

Used 3+ times

Exploring Business Statistics
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hey there, math whiz! Ishaan, Aarush, and Eshaan have been collecting some numbers for their project: 5, 10, 15, 20, and 25. Can you help them find the mean of this data set?

10

15

20

25

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hey there, statistics whiz! Can you help Myra understand the term 'standard deviation' in the context of descriptive statistics?

Standard deviation indicates the highest value in a dataset.

Standard deviation is a statistic that measures the dispersion of a dataset relative to its mean.

Standard deviation is a measure of the total number of data points.

Standard deviation is the average of a dataset.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hey there, game master! If Aarav and Kiara are rolling two six-sided dice, what do you think is the probability that they will land a sum of 7? Let’s see if Aashi can guess it right!

1/4

1/8

1/12

1/6

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hey there, future statisticians! Let's dive into the fascinating world of probability! Can you help Aarav, Divya, and Tisha understand the difference between a discrete and a continuous probability distribution?

Continuous distributions have a finite number of outcomes.

Discrete probability distributions have countable outcomes, while continuous probability distributions have uncountable outcomes within a range.

Discrete distributions can take any value within a range.

Discrete distributions are always uniform in nature.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hey there, future data wizards! 🌟 What does a p-value represent in regression analysis?

The p-value represents the probability of obtaining the observed results under the null hypothesis.

The p-value indicates the strength of the relationship between variables.

The p-value shows the effect size of the regression model.

The p-value is the threshold for determining the sample size needed.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hey there, data explorer! What do you think is the magical purpose of a scatter plot in the world of data visualization?

To whip up a delicious pie chart representation of data.

To showcase the frequency of categorical data like a pro.

To reveal the secrets of a single variable's distribution.

To uncover the fascinating relationship between two quantitative variables.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hey there, math whizzes! 🎉 Can you help Asher identify the type of regression that fits a linear relationship between two variables? Put on your thinking caps and choose wisely!

Ridge Regression

Linear Regression

Logistic Regression

Polynomial Regression

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