Business Analytics > QUESTIONS & ANSWERS > Data analytics Quizzes WITH 1OO% CORRECT ANSWERS & SOLUTION (All)
Data analytics QuizzesModule 1 Quiz 1) The data set below shows annual healthcare expenditures for 192 countries. Create a histogram of the data using the bins provided in column D. From the Data ... menu, select Data Analysis, then select Histogram. The Input Range is B1:B193 and the Bin Range is D1:D37. You must check the Labels in first row box to ensure that the histogram’s axes are appropriately labeled. 2) Suppose you actually want to calculate the mean annual healthcare expenditures of the 192 countries. Which of the following Excel functions calculates the mean? SELECT ALL THAT APPLY. =MEAN(B2:B193) =MEAN(B2:B193) is not a function in Excel. =AVERAGE(B2:B193) correct =AVERAGE(B2:B193) calculates the mean of the annual healthcare expenditures. Note that another option is also correct. =MEDIAN(B2:B193) =MEDIAN(B2:B193) finds the median, or middle value, of the annual healthcare expenditures. =SUM(B2:B193)/192 correct =SUM(B2:B193)/192 calculates the sum of the annual healthcare expenditures and divides that sum by 192, the number of data points. This formula calculates the mean of the annual healthcare expenditures. Note that another option is also correct =MODE.SNGL(B2:B193) [Show More]
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