In a time series variation caused by a one-time event such as a frost in the Florida orange industry is known
In a time series variation caused by a one-time event such as a frost in the Florida orange industry is known
as
seasonal variation
episodic variation
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cyclical variation
moving average
religious trend
secular trend
None of the above
In a time series, unexplained variation that can only be attributed to chance is known as
seasonal variation
episodic variation
cyclical variation
residual variation
religious trend
secular trend
None of the above
Information that has been collected but not processed is known as
inferential statistics
descriptive statistics
data set
fuzzy data
census data
raw data
samples
Of the four levels of measurement, which includes a non-arbitrary zero, meaning zero indicates the absence of the characteristic?
nominal
ordinal
interval
ratio
ratio and interval
ordinal, interval, and ratio
all four
Rank the following levels of measurement according to how accurately a variable measures something. Rank them from weakest to strongest.
interval, ordinal, ratio, nominal
ordinal, ratio, interval and nominal tied for strongest
ratio, ordinal, interval, nominal
ordinal, ratio, interval, nominal
ordinal, ratio, nominal, interval
nominal, ordinal, interval, ratio
nominal, interval, ordinal, ratio