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BE 5-4 Data analytics statistical function (LO 5-2, LO 5-3, LO 5-4, LO 5-5, LO 5-6) Required: Select the type of data analytics statistical
BE 5-4 Data analytics statistical function (LO 5-2, LO 5-3, LO 5-4, LO 5-5, LO 5-6) Required: Select the type of data analytics statistical function used in Excel's Data Analysis Toolpak to its function. Answer is complete but not entirely correct. Function of Tool To understand the probability of a difference in means between either two independent samples or a paired sample through time To understand if and the extent to which variables are related to each other To understand the basic statistics, including the mean, standard deviation, minimums, and maximums of a data set To understand the frequency of the data using a display of rectangles with area proportional to the underlying frequency of the data To understand the relation between specific dependent variable values and independent variable inputs Data Analytics Statistical Function Correlation Regression Descriptive statistics. Histogram T-tests < Prev 16 of 17 Next >
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