Statistics Quiz # 22

The classical approach to probability requires that the outcomes are _______.

Addition rule

Equally likely

Sample space

Compound event

_______ is choosing how many to order or make each time an order is planned.

Quantity determination

Package sizing

Lot sizing

Grouping

Aggregation

The empirical rule applies to distributions that are ________.

Symmetric and unimodal

Regression equation

The mean tends to be greater than the median

40% response is explained on the regression line

Probability of an outcome in a decision-making situation with uncertainty is __________.

The likelihood of the outcome.

Relative frequency of the occurrence.

10.

Sample space.

Raw, unorganized facts that need to be processed are called ________.

Samples

Information

Insights

Research

Data

A histogram is a type of frequency __________.

Data

Box

Distribution

Line