Author Question: _______________ act(s) as a representative of the population. a. The analytics b. The variance c. ... (Read 74 times)

Yolanda · **on:** Jun 24, 2018

_______________ act(s) as a representative of the population.
a. The analytics b. The variance
c. A sample d. The random variables

Question 2

The difference in a variable measured over observations (time, customers, items, etc.) is known as
a. observed differences. b. variation.
c. variable change. d. descriptive analytics.

ankilker · **Reply #1 on:** Jun 24, 2018

Answer to Question 1

c
RATIONALE: A subset of the population is known as a sample, and it acts as a representative of the population.

Answer to Question 2

b
RATIONALE: Variation is the difference in a variable measured over observations (time, customers, items, etc.).