A Scatterplot Will Help Managers Identify Potential Outliers

question 63

True/False

A scatterplot will help managers identify potential outliers.

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Definitions:

Qualitative Variables

Variables that express categorical data and can be described or classified by qualities rather than numerical measures.

Contingency-table Test

A statistical test used to determine whether there is a significant association between two categorical variables.

Expected Cell Frequency

In the context of a contingency table, it is the number of observations expected in a cell based on the hypothesis being tested.

Chi-square Test of Independence

The Chi-square Test of Independence is a statistical test used to determine if there is a significant relationship between two categorical variables.