Examlex

Solved

An Information System That Provides Relevant Data to Help Businesspeople

question 122

Multiple Choice

An information system that provides relevant data to help businesspeople choose the appropriate course of action is called a(n) ______.


Definitions:

Student-t

A probability distribution used in statistical science, particularly in scenarios with small sample sizes or unknown variances.

F-distribution

A probability distribution that arises in the testing of whether two sample variances are equal, used in ANOVA and other tests involving multiple variances.

Chi-squared Distribution

A distribution used in statistics that measures how expectations compare to actual observed data, particularly in the context of categorical variables.

Binomial Distribution

A probability distribution that represents the number of successes in a fixed number of independent trials, with each trial having only two possible outcomes and a constant probability of success.

Related Questions