GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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inference
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variable
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data set
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None of these alternatives is correct.
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Detailed explanation-1: -The data collected in a particular study are referred to as the data set. Elements, Variables, and Observations. The elements are the entities on which data are collected. A variable is a characteristic of interest for the elements. The set of measurements collected for a particular element is called an observation.
Detailed explanation-2: -A data set is a collection of related, discrete items of related data that may be accessed individually or in combination or managed as a whole entity. A data set is organized into some type of data structure.
Detailed explanation-3: -all the data collected in a particular study are referred to as the. sample.
Detailed explanation-4: -Usually, a data set consists the following components: Element: The entities on which data are collected. Variable: A characteristic of interest for the element. Observation: The set of measurements collected for a particular element.