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- Question : 1BQ - Explain the importance of statistics in business.
- Question : 2BQ - Explain the difference between data and information.
- Question : 3BQ - What do the terms
- Question : 4BQ - What is a population? Why is sample information generally used to make conclusions about the population?
- Question : 5BQ - What is a metric, and how does it differ from a measure?
- Question : 6BQ - Explain the difference between a discrete and a continuous metric.
- Question : 7BQ - Explain the differences between categorical, ordinal, interval, and ratio data.
- Question : 8BQ - Explain the difference between cross?sectional and time?series data.
- Question : 9BQ - What is the Six Sigma initiative?
- Question : 10BQ - What is the difference between a population and a sample?
- Question : 11BQ - List the different types of charts available in Excel, and explain characteristics of data sets that make each chart most appropriate to use.
- Question : 12BQ - What kind of graphical displays are appropriate for representing the frequencies of several mutually exclusive categories? What are the options for representing such data over the levels of another variable, such as year, gender or race?
- Question : 1PA - For the Excel file Surface Finish, identify each of the variables as categorical, ordinal, interval, and ratio.
- Question : 2PA - Consider the data given in the Excel file MBA student survey, and look at the variable Undergraduate Concentration. a. Construct a column a chart that visually represents the frequencies of each of the undergraduate concentrations. b. Consider a pie chart showing the proportion of individuals in each concentration.
- Question : 3PA - Construct a column chart for the data in the Excel file Restaurant Sales to allow a comparison of the delivery sales with the lunch sales and dinner sales. What other charts may be used to display this information?
- Question : 4PA - Data from the 2000 U.S. Census show the following distribution of ages for residents of Ohio: a. Construct a column chart to visually represent these data. b. Construct a stacked bar chart to display the sub categories where relevant. (Note that you will have to compute additional subcategories, for instance, under Family households, the number of families without children under 18, so that the total of the subcategories equals the major category total. The sum of all categories does not equal the total.) c. Construct a pie chart showing the proportion of households in each category.
- Question : 5PA - The Excel file Energy Production & Consumption provides various energy data since 1949. a. Construct an area chart showing the fossil fuel consumption as a proportion of total energy consumption. b. Construct line charts for total energy production and total energy imports. c. Construct a scatter diagram for total energy consumption and total energy production.
- Question : 6PA - Consider the information contained in the Excel file Gas and Electric . a. Construct appropriate charts to visually display this information. b. What conclusions can you draw from these charts?
- Question : 7PA - Consider the information contained in the Excel file Mortgage Rates . a. Construct appropriate charts to visually display this information. b. What conclusions can you draw from these charts?
- Question : 8PA - Construct whatever charts you deem appropriate to convey the information contained in the Excel file Census Education Data . What conclusions can you draw from these?
- Question : 9PA - Construct whatever charts you deem appropriate to convey the information contained in the Excel file Science and Engineering Jobs. What conclusions can you draw from these?
- Question : 10PA - Construct an appropriate chart to visually display the information contained in the Excel file Coal Consumption .
- Question : 11PA - Modify the Excel file Hi-Definition Television to identify televisions that belong to the big screen/projection and LCD/Plasma categories. Use Excel functions to find the minimum and maximum values for the overall scores for each type of television. Count the number of televisions in the big screen/projection category and the LCD/Plasma category.

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