You Use A(n)____ to Automate Data Analyses

question 91

Multiple Choice

You use a(n) ____ to automate data analyses.

• A) data table
• B) formula checker
• C) amortization schedule
• D) IF function

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Definitions:

Data Set

A collection of related sets of information that is composed of separate elements but can be manipulated as a unit by a computer.

Chebyshev's Theorem

A statistical theorem stating that for any real-valued random variable, a minimum proportion of values fall within a certain number of standard deviations from the mean, regardless of the shape of the distribution.

Normal Distribution

A symmetrical, bell-shaped distribution of data where most measurements are concentrated around the mean, describing many types of naturally occurring data.

Empirical Rules

statistical rules that apply to normal distributions, describing how many observations fall within certain standard deviations from the mean.