The Y-Axis of a Decile Chart Shows

question 24

Multiple Choice

The y-axis of a decile chart shows

• A)number of important class records identified.
• B)ratio of decile mean to overall mean.
• C)the number of actual Class 1 records.
• D)the ratio of the overall mean to the decile mean.

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Definitions:

Prediction Interval

A range of values that is likely to contain the value of an unknown parameter for a given level of confidence.

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter with a specified level of confidence.

Regression Line

A line of best fit through a scatter plot of data points in statistical analysis, showing the relationship between two variables.

Correlation Coefficient

A statistical measure that calculates the strength and direction of a linear relationship between two quantitative variables.