METHODS OF DATA ANALYSIS
ANALYSIS OF QUANTITATIVE DATA AND IT PRESENTATION WITH TABLES GRAPHS ETC
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The least value in a data set is called the ____
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minimum
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maximum
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lower quartile
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upper quartile
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Explanation:
Detailed explanation-1: -The minimum is the smallest value in the data set. The maximum is the largest value in the data set.
Detailed explanation-2: -A standard of minimum coverage that applies to job-based health plans. If your employer’s plan meets this standard and is considered “affordable, ‘’ you won’t qualify for a premium tax credit if you buy a Marketplace insurance plan instead.
Detailed explanation-3: -The min is simply the lowest observation, while the max is the highest observation. Obviously, it is easiest to determine the min and max if the data are ordered from lowest to highest.
Detailed explanation-4: -The difference between the maximum and the minimum value of the observations in a data-set is called range.
There is 1 question to complete.