Management Notes

Reference Notes for Management

Describe how the value of n affects the shape of the binomial probability histogram.

Describe how the value of n affects the shape of the binomial probability histogram.

Describe how the value of n affects the shape of the binomial probability histogram.   Options   A) as n​ decreases, the binomial distribution becomes skewed left. B) as n​ increases, the binomial distribution becomes skewed right. C) as n​ increases, the binomial distribution becomes more bell shaped. D) as n​ decreases, the binomial distribution … Read more

Why is the standard deviation used more frequently than the variance?

Why is the standard deviation used more frequently than the variance?

Why is the standard deviation used more frequently than the variance?   Options A. The units of variance are squared. Its units are meaningless. B. The standard deviation is easier to compute. C. The standard deviation requires less entries from the data set.   [bg_collapse_level2 view=”button-orange” color=”#4a4949″ expand_text=”Show Answer ” collapse_text=”Hide Answer” ] A. The … Read more