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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.
Compute the log-odds ratio for each group in Logistic regression model.
o This is a linear model. If your model needs a different engine, then you need to rethink your approach to the model. Remember, there are no IF, Max, or MIN statements in linear models.
modelise as a markov chain
Zimmerman's Bank is the only bank in the small town of St. Thomas. On a typical Friday, an average of 10 customers per hour arrive at the bank to the transact business.
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?
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?
Compute the breakeven point for two product lines. Scotty's Scooters plans to sell a standard scooter for $40 and a chrome scooter for $50. Scotty's purchases the standard scooter for $25 and the chrome scooter for $30.
Descriptive statistics showing the relationship between total gross sales and each of the other variables. Please provide an explanation of the relationships.
Financial Engineering is the application of mathematics and computer programming skills to solve certain problems in finance drawing on tools of statistics, economics, computer science and applied mathematics.
Draw a two way ANOVA design plot (the mean plot you draw in class) to discuss whether there seems to be any interaction effects of gender and age.
Given the following market values of stocks in your portfolio and their expected rates of return, what is the expected rate of return for your common stock portfolio?
Scholarly writers are aware of their audience and base their writing on solid evidence rather than on assumptions and/or opinions. In addition, scholarly writers must also utilize a scholarly voice.
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