LESSON OBJECTIVE Assessment Criteria AC 2.3 Analyse data using measures of dispersion to inform a given business scenario Below are questions pertaining to lesson 6. Please ensure to answer each question correctly. 1. The mean is commonly used when summarizing a large amount of metric variable data in marketing research. A) True B) False 2. Among the options for measuring variability or dispersion of data, which measure is typically the least useful to marketing researchers? A) mode B) standard deviation C) median D) mean absolute deviation E) range F) variance 3. Why is it advisable to first develop a focal point in data analysis? 4. What is it about the standard deviation formula that makes this measure of dispersion one of the most frequently used statistical measures? 5. When should median be used versus mean? Review The Videos & Write A 200 Word Summary By Focusing On What You Have Learnt.
Carlene Johnson
11/2/2016 09:41:53 pm
1. A
shadea fulwood
11/6/2016 07:51:43 pm
.1 The mean is commonly used when summarizing a large amount of metric variable data in marketing research.
Sashae Dillworth
11/6/2016 09:30:00 pm
1 B 2.D Comments are closed.
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