The First Step After Data Collection That Must Be Completed

question 83

Multiple Choice

The first step after data collection that must be completed before data analysis can begin is

• A)bivariate analysis.
• B)coding.
• C)multivariate analysis.
• D)grouping data.
• E)sorting the data

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Definitions:

Resistance Level

The resistance level in trading is a price point above which a security or market is unlikely to rise, often leading to a sell-off when approached.

Support Level

A price level below which a stock or market rarely falls, representing a point where buying interest overcomes selling pressure.

Confidence Level

A statistical measure that represents the degree of certainty (or confidence) that a parameter lies within a specified range of values.

Confidence Index

A statistical measure that shows the degree of optimism or pessimism in the economic outlook of market participants.