statistics for business and economics

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statistics for business and economics

© All Rights Reserved

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You are on page 1of 5

Part 1

2. A population is

3. The study of the methods of organization, summarization, and presentation of statistical data is

referred to as

A. inferential statistics

C. sampling

4. The process of making inferences about the characteristics of the population based on the

sample information is termed

A. descriptive statistics

B. random sample

D. sampling

A. variables

B. data sets

C. :-) elements

6. The level of measurement that allows for the rank ordering of data items is

A. nominal measurement

B. ratio measurement

C. ordinal measurement

A. quantitative data

C. simple data

A. :-) a variable

B. an element

C. a data set

A. qualitative data

B. quantitative data

Part 2

1. From a sample of students in your statistics class, you collect the following: the student's name,

gender, SAT score, age, and their grade in a freshman level math class. The variable student's

name is measured on which scale of measurement?

A. :-) Nominal

B. Ordinal

C. Interval

D. Ratio

2. From a sample of students in your statistics class, you collect the following: the student's name,

gender, SAT score, age, and their grade in a freshman level math class. The variable student's

gender is measured on which scale of measurement?

A. ?Nominal

B. Ordinal

C. Interval

D. Ratio

3. From a sample of students in your statistics class, you collect the following: the student's name,

gender, SAT score, age, and their grade in a freshman level math class. The variable student's

SAT score is measured on which scale of measurement?

A. Nominal

B. Ordinal

C. :-) Interval

D. Ratio

4. From a sample of students in your statistics class, you collect the following: the student's name,

gender, SAT score, age, and their grade in a freshman level math class. The variable student's

age is measured on which scale of measurement?

A. Nominal

B. Ordinal

C. Interval

D. :-) Ratio

5. From a sample of students in your statistics class, you collect the following: the student's name,

gender, SAT score, age, and their grade in a freshman level math class. The variable student's

grade in a freshman level math class (A, B, C, D, or F) is measured on which scale of

measurement?

A. Nominal

B. :-) Ordinal

C. Interval

D. Ratio

6. From a sample of students in your statistics class, you collect the following: the student's name,

gender, SAT score, age, and their grade in a freshman level math class. The variable student's

name is an example of a quantitative variable.

A. True

B. ? False

7. From a sample of students in your statistics class, you collect the following: the student's name,

gender, SAT score, age, and their grade in a freshman level math class. The variable student's

age is an example of a quantitative variable.

A. ? True

B. False

8. From a sample of students in your statistics class, you collect the following: the student's name,

gender, SAT score, age, and their grade in a freshman level math class. The variable student's

gender is an example of a quantitative variable.

A. True

B. ? False

9. From a sample of students in your statistics class, you collect the following: the student's name,

gender, SAT score, age, and their grade in a freshman level math class. Assuming this data was

collected at the same time, it is an example of

10. From a sample of students in your statistics class, you collect the following: the student's name,

gender, SAT score, age, and their grade in a freshman level math class. The data would have

been collected using

A. existing data

B. an experimental study

C. ? an observational study

11. The data set of annual revenues for Johnson & Johnson for the years 1994-2003 is an example of

A. cross-sectional data

12. To collect the data set of annual revenues for Johnson & Johnson for the years 1994-2003 one

would have used

B. an experimental study

C. an observational study

13. In the chapter one Statistics in Practice example, it was noted that 90% of Business Week

subscribers use a personal computer at home. The 90% is an example of a

A. ? sample proportion

B. population proportion

14. If your instructor gives the class average on the first statistics test later this semester, this

average will be an example of a

A. sample average

B. ? population average

A. Nominal

B. Ordinal

C. :-) Interval

D. Ratio

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