Stats

Exam 1 will be on Wednesday, September 17 and cover chapters 1 & 2. It will be in class.

Part I. Definitions

  • Define Business analytics

  • What is Descriptive analytics, Predictive Analytics and Prescriptive Analytics

  • What is the difference between Quantitative and Categorical Data?

  • When to use the median.

  • Missing Data.

Part II. Problem Solving

  • Frequency Distribution Tables for Categorical Data

  • Frequency Distribution Tables for Quantitative Data

  • IQR and Boxplots

  • Scatter Charts