Presentation And Analysis Of Business Data 1 Flashcards

1
Q

It is a factual information in a raw or unorganized form.

A

Data

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2
Q

This involves categorical measurement expressed not in numbers but through a
natural language description.

A

Qualitative Data

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3
Q

This involves information about quantities that can be measured and written
down with numbers.

A

Quantitative Data

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4
Q

Is the branch of mathematics that focuses on collecting, organizing, analyzing, and interpreting
data.

A

Statistics

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5
Q

Data can be gathered from either:

A

Primary sources
Secondary sources

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6
Q

The person doing the research gathers the data him/herself.

A

Primary sources

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7
Q

The person doing the research uses data gathered by somebody

A

Secondary sources

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8
Q

It is mutually exclusive and exhaustive and is used to
differentiate classes or categories for pure classification or identification purposes.

A

Nominal

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9
Q

is a property of a set of categories such that an individual or object is
included in only one (1) category.

A

Mutually exclusive

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10
Q

is a property of a set of categories such that an individual or object must appear in a category.

A

Exhaustive

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11
Q

It is used in ranking. It is somewhat a stronger form of
measurement because an observed value classified into one (1) category is said to possess more of
a property being scaled than does an observed value classified into another category.

A

Ordinal

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12
Q

It is used to classify order and differentiate between classes or
categories in terms of degrees or differences._____ data are either discrete or continuous variables.

A

Interval

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13
Q

It differs from interval measurement in only one aspect, with a true
zero (0) point (absolute value of zero).

A

Ratio

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14
Q

It is a set of facts or figures systematically displayed or organized, especially in columns.

A

Table

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15
Q

are easily
constructed using the Word processor’s table function or a spreadsheet program like Excel.

A

Tables

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16
Q

The following are the different parts of a table:

A

Table number.
Title

Head note

Stubs or Row headings
Body of the table.

Source note
Footnote.

17
Q

It is the first item mentioned at the top of each table for easy identification and
reference.

A

Table number

18
Q

It is the second item that is shown just above the table. It narrates the contents of the table. Hence it has to be very clear, brief, and carefully worded.

19
Q

At the top of each column in a table, a column designation/head is given to explain the figures of the column. This column heading is known as “caption.”

20
Q

The title of the horizontal rows is known as “____.”

A

Stubs or Row heading

21
Q

It contains numeric information and reveals the whole story of investigated facts. Columns are read vertically from top to bottom, and rows are read horizontally from left to right.

A

Body of the table

22
Q

It explains the specific feature of the table, which is not self-explanatory and has not been
explained earlier. For example, points of exception, if any.

23
Q

It is a brief statement or phrase indicating the data source presented in the table

A

Source note

24
Q

is the grouping of data into categories showing the number of observations in each non-overlapping class

A

Frequency Distribution

25
It is the data collected in original form.
Raw data
26
t is the difference between the highest and lowest values in a distribution.
Range
27
It is the highest and lowest value describing a class
Class limits
28
It is the upper and lower values of a class or group frequency distribution.
Class boundaries
29
The following are the two (2) types of frequency distribution:
Categorical Frequency Distribution Grouped Frequency Distribution
30
It is used to organize qualitative data.
Categorical Frequency Distribution
31
It is used to organize quantitative data. Data must be grouped into classes; class intervals must be determined.
Grouped Frequency Distribution