Question 1:
What do you mean by the term data analysis? Illustrate with suitable illustrations.
Question 2:
Describe the significant phases in data analysis. Give some illustrations.
Question 3:
Describe the significance of graphs, diagrams, averages, standard deviation, correlation coefficient and tests of hypothesis in the data analysis. Give some illustrations.
Question 4:
Define the term hypothesis and explain the steps in testing a hypothesis.
Question 5:
What are the applications of t, z, ανδ χ2 tests in business researches? Describe with examples.