Questions
Questions

QBUS6860 (ND) Quiz 1 (Week 1, 2, 3, 4)

Single choice

Given a histogram of a dataset 'X' with a multimodal distribution, which of the following statements accurately describes the data? 

Options
A.The dataset 'X' shows evidence of multiple underlying processes or groups.
B.The dataset 'X' likely represents a single process with consistent outcomes.
C.The uniformity of the histogram suggests a lack of variance in 'X'.
D.The peaks of the histogram indicate the outliers in the data.
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Step-by-Step Analysis
When a histogram displays a multimodal distribution, it often indicates that the data are composed of more than one subgroup or underlying process that contribute to the observed values. Option 1: 'The dataset 'X' shows evidence of multiple underlying processes or groups.' This is consistent with a multimodal histogram, since several di......Login to view full explanation

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