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The THREE BASIC WAYS that decision-makers estimate PROBABILITIES of different outcomes include [1] the LaPlace or Indifference Principle; (2) Expert opinions; and (3) calculating from
The THREE BASIC WAYS that decision-makers estimate PROBABILITIES of different outcomes include [1] the LaPlace or Indifference Principle; (2) Expert opinions; and (3) calculating from ACTUAL historical or experiential DATA? TRUE FALSE The author of the HBR article, "Visualizations That Really Work" describes the term "data visualization" as: Effectively communicating the importance of graphics and charts Effectively communicating that data can only truly be understood through graphical presentation A terrible term because it makes a complex process sound mechanical Effectively communicating that using graphics SHOULD be created in a simple and mechanical way O NONE of the above is true In the Module on fieldwork and data preparation, C-Alpha refers to a: A test applied to the response data from multiple survey questions A measurement of shared variance among multiple items being considered for an aggregated measurement A measurement with a value that must be between zero and one O ALL the above are TRUE O NONE of the above is true The term "cross-tabulation" refers to the data analysis process where we: Directly compare the responses to TWO different questions (two variables) and look for relationships between them Display the distribution of responses for a SINGLE question (one variable) Calculate C Alpha Determine if a sample size was large enough O NONE of the answers above is true
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