ACC 117: Statistical Analysis with Software Application

Students Activity Sheet #18

NAME: CATHERINE SABARILLO SCORE: ______________

SECTION: BSA 3A-A8 PERMIT NO. ______________

SECOND PERIODICAL EXAMINATION

General Instructions: Follow the given instruction to every part of the exam; Cheating is strictly prohibited;
YOU are not allowed to take a glance on your seatmates’ paper; ERASURE is considered Wrong; All Activity
sheets should be put inside the bag, bags should be put at the back seats of the classroom; Use only Black Ink
Pens; Mobile Phones are strictly prohibited.

PART I. WRITE THE LETTER OF YOUR ANSWER BEFORE THE NUMBER. ERASURE MEANS WRONG

________ 1.It is usually written X, is a variable whose possible values are numerical outcomes of a random
phenomenon.
a. Random variable c. Continuous random variable
b. Discrete random variable d. Probability distribution
________ 2. It is one of which may take on only a countable number of distinct values such as 0,1,2,3,4,. This
are usually (but not necessarily) counts.
a. Random variable c. Continuous random variable
b. Discrete random variable d. Probability distribution

________ 3. Which of the following is one takes an infinite number of possible values. This variable is usually
measurements.

a. Random variable c. Continuous random variable

b. Discrete random variable d. Probability distribution

________ 4. Discrete random variable is a list of probabilities associated with each of its possible values. It is
also sometimes called the probability function or the probability mass function.

a. Random variable c. Continuous random variable

b. Discrete random variable d. Probability distribution
________ 5. Which of the following is not included in the examples of a Continuous random variable?
a. Height b. weight c. number of children d. time
________ 6. There are six possible outcomes: 1, 2, 3, 4, 5, 6. Each of these has a probability of 1/6 of
occurring. Let X represents the outcome of the experiment. What is the expected value when we roll a fair die?
a. 10/2 b. 9/2 c. 8/2 d.7/2

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 ACC 117: Statistical Analysis with Software Application
Students Activity Sheet #18

________ 7. Tells us something about the spread of the possible values of the variable?
a. Expected value c. Density curve
b. Variance d. Cumulative distribution function
_________ 8. This states that no more than 1 / k 2 of the distribution's values will be more than k standard
deviations away from the mean.
a. Chebyshev's theorem c. Covariance
b. Bivariate distribution d. Correlation

_________ 9. Which of the following is a statistical measure that shows whether two variables are related by
measuring how the variables change in relation to each other?
a. Chebyshev's theorem c. Covariance
b. Bivariate distribution d. Correlation

_________ 10. It is a measure of how two variables change in relation to each other, but it goes one step
further than covariance in that correlation tells how strong the relationship is.
a. Chebyshev's theorem c. Covariance
b. Bivariate distribution d. Correlation

_________ 11. It is the probability that a certain event will occur when there are two independent random
variables in your scenario.
a. Chebyshev's theorem c. Covariance
b. Bivariate distribution d. Correlation

_________ 12. How do you interpret the diagram using the bivariate distribution in a table?

a. This bivariate distribution shows you the probability of picking red or blue candies from a
blue bowl and a blue bowl if you pick one candy from each bowl and there are an not equal
number of red and blue candies in each bowl.
b. This bivariate distribution shows you the probability of picking red or blue candies from a red
bowl and a blue bowl if you pick one candy from each bowl and there are an equal number
of red and blue candies in each bowl.
c. This bivariate distribution shows you the probability of picking red or blue candies from a red
bowl and a red bowl if you pick one candy from each bowl and there are an equal number of
red and blue candies in each bowl.
d. This bivariate distribution shows you the probability of picking red or blue candies from a
blue bowl and a red bowl if you pick one candy from each bowl and there are an not equal
number of red and blue candies in each bowl.
__________ 13. It is defined as a process of cleaning, transforming, and modelling data to discover useful
information for business decision-making.
a. Data collection c. Data requirement gathering

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 ACC 117: Statistical Analysis with Software Application
Students Activity Sheet #18

b. Data cleaning d. Data analysis

___________ 14. You have to decide which type of data analysis you wanted to do! In this phase, you have to
decide what to analyze and how to measure it, you have to understand why you are investigating and what
measures you have to use to do this Analysis.
a. Data collection c. Data requirement gathering
b. Data cleaning d. Data analysis

__________ 15. After requirement gathering, you will get a clear idea about what things you have to measure
and what should be your findings. Now it's time to collect your data based on requirements.

a. Data collection c. Data requirement gathering

b. Data cleaning d. Data analysis

__________ 16. The data which is collected may contain duplicate records, white spaces or errors.

a. Data collection c. Data requirement gathering

b. Data cleaning d. Data analysis

__________ 17. Among the data analysis methods and techniques, which is established clear-cut questions
you want your insights to answer, you need to set a host of key performance indicators (KPIs) that will help you
track, measure, and shape your progress in a number of key areas.
a. Collaborate your needs c. Harvest your data
b. Establish your questions d. Set your KPI’s

__________ 18. Knowing which questions need answering to extract optimum value from the information
available to your organization, you should decide on your most valuable data sources and start collecting your
insights – the most fundamental of all data analysis techniques.
a. Collaborate your needs c. Harvest your data
b. Establish your questions d. Set your KPI’s

__________ 19. This is one of the most important data analytics techniques as it will shape the very
foundations of your success.
a. Collaborate your needs c. Harvest your data
b. Establish your questions d. Set your KPI’s

__________ 20. By considering each of the above efforts, working with the right technology, and fostering
a cohesive internal culture where everyone buys into the different ways to analyze data as well as the power of
digital intelligence, you will swiftly start to answer your most burning business questions.

a. Answer your question c. Implement text analysis

b. Visualize your data d. Build a narrative

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 ACC 117: Statistical Analysis with Software Application
Students Activity Sheet #18

__________ 21. Expanding on our previous point, by using technical methods to give your data more shape
and meaning, you will be able to provide a platform for wider access to data-driven insights.
a. Share the load c. Omit useless data
b. Integrate technology d. Build a narrative

__________ 22. What is the purpose of text analysis?

a. Ambiguity of human languages
b. Having the background knowledge
c. Create structured data out of free text content.
d. Develop a customized text mining.

__________ 23. Modern Text Analysis technology extensively interplays with _____________.

a. Semantic tags c. Metadata

b. Knowledge graphs d. Information extraction

__________ 24. Involves a set of techniques and approaches towards bringing textual content to a point where
it is represented as data and then mined for insights/trends/patterns

a. Text analysis c. Text mining

b. Text analytics d. Statistical analysis

__________ 25. Which of the following is used as synonyms?

a. Text analysis & Text analytics c. Text analysis & text mining
b. Text analytics & Text mining d. Text analysis & Information extraction

__________ 26. It is the name of the scientific discipline behind text mining. Also provides a list of typical Text
Analysis tasks.
a. Semantic tags c. Metadata
b. Knowledge graphs d. Information extraction

__________ 27. It is an important first step for conducting statistical analyses. It gives you an idea of the
distribution of your data; helps you detect outliers and typos, and enable you identify associations among
variables, thus making you ready to conduct further statistical analyses.
a. Text analysis c. Statistical analysis
b. Text mining d. Descriptive analysis

__________ 28. How do the descriptive analysis for combination of two variables being asses/interpret?

Quantitative Qualitative
Quantitative A B
Qualitative C D

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 ACC 117: Statistical Analysis with Software Application
Students Activity Sheet #18

a. The approaches for descriptive analyses for combination of qualitative and quantitative
variables (B and C) are the same, thus essentially there are only three combinations of
variables for descriptive analysis: (A) Both variables are quantitative; (B and C) one variable
is quantitative and the other is qualitative; (D) Both variables are quantitative.
b. The approaches for descriptive analyses for combination of qualitative and quantitative
variables (A and C) are the same, thus essentially there are only three combinations of
variables for descriptive analysis: (A) Both variables are quantitative; (B and C) one variable
is quantitative and the other is qualitative; (D) Both variables are quantitative.
c. The approaches for descriptive analyses for combination of qualitative and quantitative
variables (B and D) are the same, thus essentially there are only three combinations of
variables for descriptive analysis: (A) Both variables are quantitative; (B and C) one variable
is quantitative and the other is qualitative; (D) Both variables are quantitative.
d. The approaches for descriptive analyses for combination of qualitative and quantitative
variables (B and C) are the same, thus essentially there are only three combinations of
variables for descriptive analysis: (B) Both variables are quantitative; (B and C) one variable
is quantitative and the other is qualitative; (C) Both variables are quantitative.
__________ 29. It is a form of advance analytics which examines data or content to answer the question “Why
did it happen?”
a. Text analytics c. Predictive analytics
b. Diagnostic analytics d. Prescriptive analytics

__________ 30. Which of the following is the use of data, statistical algorithms and machine
learning techniques to identify the likelihood of future outcomes based on historical data?

a. Text analytics c. Predictive analytics

b. Diagnostic analytics d. Prescriptive analytics

__________ 31. Among the three categories of diagnostic analytics, this are hidden relationships are
uncovered by looking at events that might have resulted in the identified anomalies.

a. Identify anomalies c. Determine causal relationships

b. Drill into the analytics d. None of the above

__________ 32. Analysts must identify areas that require further study because they raise questions that
cannot be answered simply by looking at the data.

a. Identify anomalies c. Determine causal relationships

b. Drill into the analytics d. None of the above

__________ 33. Among the common uses in predictive analytics, many companies use predictive models to
forecast inventory and manage resources. Airlines use predictive analytics to set ticket prices. Hotels try to
predict the number of guests for any given night to maximize occupancy and increase revenue. Predictive
analytics enables organizations to function more efficiently.
a. Detecting fraud c. Improving operations
b. Optimizing marketing campaigns d. Reducing risk

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 ACC 117: Statistical Analysis with Software Application
Students Activity Sheet #18

__________ 34. Credit scores are used to assess a buyer’s likelihood of default for purchases and are a well-
known example of predictive analytics. A credit score is a number generated by a predictive model that
incorporates all data relevant to a person’s creditworthiness.

a. Detecting fraud c. Improving operations

b. Optimizing marketing campaigns d. Reducing risk
___________ 35. Predictive analytics are used to determine customer responses or purchases, as well as
promote cross-sell opportunities. Predictive models help businesses attract, retain and grow their most
profitable customers.

a. Detecting fraud c. Improving operations

b. Optimizing marketing campaigns d. Reducing risk

___________ 36. Among the four conclusions in data, it is an essential component of the wider scientific
process. In an ideal world, to test a hypothesis, you would sample an entire population.

a. Significance c. Generalization
b. Estimation d. Causal research

___________ 37. This is also known as explanatory research is conducted in order to identify the extent and
nature of cause-and-effect relationships

a. Significance c. Generalization
b. Estimation d. Causal research

__________ 38. It is a division of statistics and signal processing that determines the values of parameters
through measured and observed empirical data.

a. Significance c. Generalization
b. Estimation d. Causal research

__________ 39. Which of the following is a measure of the probability of the null hypothesis being true
compared to the acceptable level of uncertainty regarding the true answer?

a. Significance c. Generalization
b. Estimation d. Causal research

__________ 40. Which of the following is not a property of ideal estimator?

a. Biased nature b. efficiency c. consistency d. sufficiency

__________ 41. You must ensure that the sample group is as truly ______________ of the whole population
as possible.
a. Representative b. time c. size d. sample
__________ 42. Among the three important components of causal evidence, it is the variation must be
systematic between the two variables.

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 ACC 117: Statistical Analysis with Software Application
Students Activity Sheet #18

a. Temporal sequence c. Nonporous association

b. Concomitant variation d. None of the above

__________ 43. This are measures of values or counts and are expressed as numbers.

a. Quantitative data c. Sample

b. Qualitative data d. Population
___________ 44. This is measures of 'types' and may be represented by a name, symbol, or a number code.

a. Quantitative data c. Sample

b. Qualitative data d. Population

___________ 45. What is the appropriate statistical test for quantitative data?

a. Z-test b. t or F test c. one variable test d. two variable test

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 ACC 117: Statistical Analysis with Software Application
Students Activity Sheet #18

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