BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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quantity
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factor
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event
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observation
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Detailed explanation-1: -Feedback: An observation is a set of values corresponding to a set of variables.
Detailed explanation-2: -A variable contains all values that measure the same underlying attribute (like height, temperature, duration) across units. An observation contains all values measured on the same unit (like a person, or a day, or a city) across attributes.
Detailed explanation-3: -We will use Y to denote the value of an observation. The total number of observations, i.e., the sample size, will be denoted as n.
Detailed explanation-4: -variation. difference in a variable measured over observations.
Detailed explanation-5: -In programming, a variable is a value that can change, depending on conditions or on information passed to the program. Typically, a program consists of instruction s that tell the computer what to do and data that the program uses when it is running.