What are the limitations of using qualitative data in data analysis?

  • It cannot be easily quantified for statistical analysis
  • It may be influenced by researcher bias
  • It requires substantial resources and time for data collection
  • It's always better than quantitative data
Qualitative data has several limitations in data analysis. Firstly, it cannot be easily quantified for statistical analysis which limits its utility in certain research settings. Secondly, collecting and analyzing qualitative data often requires substantial resources and time, which can be a challenge for large-scale studies. Lastly, qualitative data may be influenced by researcher bias, particularly during data collection and interpretation.

What is the assumption of normality in residual analysis?

  • The coefficients of the regression line are normally distributed
  • The dependent variable is normally distributed
  • The independent variables are normally distributed
  • The residuals are normally distributed
The assumption of normality in residual analysis states that if we draw a large number of samples and create a distribution of the sample means, this distribution will be well approximated by a normal distribution. This is necessary to make inferences about the regression coefficients and to calculate prediction intervals.

How does the Wilcoxon Signed Rank Test deal with zeros in the difference of paired observations?

  • Zeros are averaged
  • Zeros are counted as half a sign
  • Zeros are discarded
  • Zeros are included
In the Wilcoxon Signed Rank Test, zeros in the difference of paired observations are typically discarded.

Which method is commonly used to find the best fitting line in simple linear regression?

  • K-means clustering
  • Neural network
  • The method of least squares
  • The method of maximum likelihood
The method of least squares is commonly used to find the best fitting line in simple linear regression. It minimizes the sum of the squares of the residuals (the vertical distances between the observed and predicted values).

What is a Type II error in the context of hypothesis testing?

  • Accepting a false null hypothesis
  • Accepting a true null hypothesis
  • Rejecting a false null hypothesis
  • Rejecting a true null hypothesis
A Type II error occurs when the null hypothesis is false, but it is not rejected. It is also known as a "false negative" result.

The ________ in a Chi-square test for independence represents the sum of the squared differences between observed and expected frequencies, divided by the expected frequencies.

  • Chi-square statistic
  • correlation coefficient
  • p-value
  • standard deviation
The Chi-square statistic in a Chi-square test for independence represents the sum of the squared differences between observed and expected frequencies, divided by the expected frequencies. This statistic measures the degree to which the observed frequencies deviate from the frequencies that would be expected under the null hypothesis of independence.

How do you calculate the expected frequency in a Chi-square test?

  • By calculating the mode of the observed frequencies
  • By dividing the total frequency by the number of categories
  • By multiplying the row total and column total and dividing by the total number of observations
  • By taking the mean of the observed frequencies
In a Chi-square test, the expected frequency for each cell in the contingency table is calculated by multiplying the row total and column total and then dividing by the total number of observations.

Pearson's Correlation Coefficient ranges from ________ to ________.

  • -1 to 1
  • -2 to 2
  • 0 to 1
  • 0 to 2
The Pearson Correlation Coefficient measures the linear relationship between two variables and can range from -1 to 1. A value of -1 means there is a perfect negative correlation, while a value of 1 means there is a perfect positive correlation.

What is the difference between nominal and ordinal data?

  • Nominal data can be ordered
  • Nominal data cannot be ordered
  • Ordinal data can be ordered
  • Ordinal data cannot be ordered
Nominal and ordinal data are both types of categorical data. The key difference between the two is that while nominal data cannot be ordered or ranked, ordinal data can. Nominal data represents simple categories or groups with no order or priority. Examples include colors or city names. Ordinal data, on the other hand, represents categories that can be ranked or ordered. Examples include Likert scale data (e.g., a five-point scale from "strongly disagree" through "strongly agree"), educational level (high school, BA, MA, PhD), etc.

What is the purpose of a residual plot in multiple linear regression?

  • All of the above
  • To check for independence of errors
  • To check for linearity
  • To check for normality
A residual plot in multiple linear regression is used to check various assumptions of the model. It can help visualize if the residuals are randomly scattered (checking for independence), whether they have a constant variance (homoscedasticity), and if they exhibit any noticeable patterns (checking for linearity and normality).