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Test Bank for Data Analysis and Decision Making Multiple Choice Questions
Q2. Which of the following exhibits the correct relationship between variables and
values?
Color of an automobile; price of an automobile.
Red; $23,000.
Color of an automobile; $23,000.
Red; price of an automobile.
Q3. A statistics professor surveys the students in her class and finds that 20% are
sophomores and 45% are juniors. This is an example of:
inferential statistics.
secondary data.
descriptive statistics.
nominal data.
Q4. What statistical task performed by the U.S. government led to the development of
computers?
Q6. The grades that a random sample of MBA students received over the last five
years of “International Business” classes represent what statistical concept?
The grades are a parameter. The grades are a sample. The grades are a
statistic. The grades are a population.
The MBA students represent a population, while their grades are a sample.
All but the observations that have the lowest and highest values are selected.
Every other element in a population is chosen.
Samples are chosen at random from the population.
Only the first half of a population is selected.
Q8. A newspaper advertising sales representative earns a commission on each
advertisement sold. This person made $3,000 in commissions during one month and
concludes that annual compensation will be $36,000. This is an example of:
nominal data.
descriptive statistics.
secondary data.
inferential statistics.
Q9. A consumer confidence researcher asks several retailers to report the number of
LCD televisions sold during a particular month. These numbers most likely
represent what level of measurement?
nominal
ordinal
interval
ratio
Q10. A student evaluation of teaching effectiveness for a particular course asks
students to respond to their level of agreement with several statements according
to the scale 1 = Strongly Agree, 2 = Agree, 3 = Neutral, 4 = Disagree, and 5 =
Strongly Disagree. The responses indicate what level of measurement?
Answer ordinal
:
Though the responses are categorical, a ranking is also indicated.
Q11. A company publishes data on its quarterly earnings for its stockholders to
evaluate. Is this data primary or secondary source data?
Answer: The source is primary for the company and secondary for the
stockholders. The stockholders did not create the data.
Q12. If you have a digital scale in your home that only reads in integers, is your weight
a discrete variable?
Q13. Look at the survey questions that Good Tunes sent to their customers. What type
of variable and levels of measurement do the questions concerning overall
service, selection, and quality of the items purchased represent?
A. industry statistics
B. economic statistics
C. applied statistics
D. mathematical statistics
MCQ The tools such decision making by nominal groups, brain storming and term
buildings are all considered as
A. serial tools
B. behavioral tools
C. statistical tools
D. parallel tools
MCQ The branch of statistics which deals with findings of solution in the field of
medicine, education and economics is classified as
A. economic statistics
B. applied statistics
C. mathematical statistics
D. industry statistics
A. union of A
B. complement of A
C. intersection of A
D. A is equal to zero
MCQ If the sample size is 6 and the population is 50 from which it is drawn without
replacement and the elements for success are 22 then the variance of hyper geometric
probability distribution is
A. 1.388
B. 2.388
C. 3.388
D. 4.388
MCQ The technique which implies in statistical process to measure the variation in data
is called
A. measures of dispersion
B. measures of statistics
C. measures of process
D. none of above
Answer D
MCQ Consider the probability distribution as standard normal, if the value of μ is 75, the
value of x is 120 with the unknown standard deviation of distribution then the value of z-
statistic
A. will be one
B. will be zero
C. will be negative
D. will be positive
MCQ The data table which is presented in tabular form on the basis of single
characteristics is classified as
A. simple table
B. complex table
C. percentage table
D. interval table
A. intersection combinations
B. union combinations
C. listed combination
D. permutations
A. 5
B. 0.334
C. 0.234
D. 0.134
A. 25
B. 5
C. 30
D. 35
MCQ The method of counting the outcomes in which the number of outcomes are
determined without taking care of the arrangement order is classified as
A. listed combinations
B. union combinations
C. intersection combination
D. unlisted combinations
MCQ If the value of p is 0.60 and value of n is 3 whereas the random variable x is equal
to 4 then the value of z-score of distribution is
A. 1.59
B. 2.59
C. 2.68
D. 0.59
Interquartile Range of Deviation Quiz
MCQ The value of third quartile is 72, second quartile is 52 and the first quartile is 45
then quartile deviation is
A. 13.5
B. 14
C. 16.5
D. 18.5
A. undesired error
B. bias
C. non-calculate error
D. non-zero error
MCQ The type of variable which can take any numerical figure for calculation is
classified as
A. continuous variable
B. measuring variable
C. flowchart variable
D. discrete variable
MCQ If the population parameter μ and the unbiased estimate of population is x‾ then
the sampling error is as
A. |p‾ - μ|
B. |x‾ - μ|
C. |x‾ + μ|
D. |x‾ * μ|
MCQ The outcome of experiment which can be broken into more convenient list of
outcomes is called
A. alpha event
B. gamma event
C. simple event
D. random event
A. reflected classification
B. populated classification
C. sampling classification
D. spatial classification
MCQ The theorem which states that as the sample size increases the sampling
distribution must approach the normal distribution is classified as
MCQ For the grouped data in calculation of moments from mean, the formula to
calculate this measure is
A. 2⁄n Σn(x+mean)r
B. 2⁄n Σn(x+mean)x
C. 1⁄n Σf(x-mean)r
D. 2⁄n Σf(x-mean)r
MCQ The tools such decision making by nominal groups, brain storming and term
buildings are all considered as
A. serial tools
B. behavioral tools
C. statistical tools
D. parallel tools
MCQ For a rectangular or uniform distribution, the value of interval a is 7 and the value
of interval b is 8 then the value of mean for the distribution is
A. 1.33
B. 3.33
C. 2.33
D. 4.33
MCQ The conditions such as large sample size to represent population and samples
must be drawn randomly are included in
A. managerial statistics
B. decision science
C. inferential statistics
D. industry statistics
MCQ The condition for negative exponential distribution considering mean (μ) is that
MCQ The number of observations are 11 and the value of arithmetic mean is 19 then
sum of all values is
A. 209
B. 30
C. 8
D. 173
A. ordered array
B. nominal array
C. ordinal array
D. interval array
MCQ If the mean of binomial probability distribution is 25 then the mean of Poisson
probability distribution is
A. 70
B. 50
C. 25
D. 50
A. z-statistic is negative
B. z-statistic is positive
C. f(x) will be even number
D. f(x) will be prime number
MCQ The branch of statistics in which the data is collected according to ordinal scale or
nominal scale is classified as
A. distribution statistics
B. sampling statistics
C. parametric statistics
D. non-parametric statistics
MCQ The 2600 applications for home mortgage are received by a bank and the
probability of approval is 0.78 then the standard deviation of binomial probability
distribution is
A. 2028
B. 546.16
C. 446.16
D. 646.16
MCQ The halfway point between the lower class limits and upper class limits is
classified as
A. nominal mid-point
B. class mid-point
C. interval mid-point
D. ordinal mid-point
MCQ The measures in sampling that are results of sample analyses are called
A. absolute statistics parameter
B. coverage estimators
C. population statistics
D. sample statistic
A. parameters
B. process
C. mixer
D. sampler
A. multiple experiments
B. permutations
C. combinations
D. all of above
A. disclosed classification
B. chronological classification
C. external classification
D. internal classification
Multiplication Rules of Probability Quiz
MCQ For two events, the probability of occurrence of both events at same time or
occurrence in series is classified as
A. joint probability
B. dependent probability
C. series probability
D. conditional probability
A. applied statistics
B. mathematical statistics
C. industry statistics
D. both a and b
MCQ All the values in sample distribution that can freely varies in the selected random
sample from population are indicated as
A. degree of freedom
B. degree of error
C. degree of statistic
D. degree of possibility
A. unifying momentum
B. momentum summary
C. moments
D. momentum
Standard Errors in Statistics Quiz
MCQ IF the population standard deviation is not known then the formula used to
calculate standard error is as
A. rectangular distribution
B. square distribution
C. open frequency distribution
D. class frequency distribution
A. 5
B. 120
C. 24
D. 20
A. satisfactory scale
B. ratio scale
C. goodness scale
D. exponential scale
A. Pearson Theorem
B. Chebyshev's Theorem
C. sampling theorem
D. population theorem
MCQ If for a distribution the difference of first quartile and median is less than difference
of median and third quartile then the distribution is classified as
A. negatively skewed
B. not skewed at all
C. absolute open ended
D. positively skewed
MCQ Considering the individual values of data set, the actual mean must always be
A. 1
B. −1
C. 0
D. 2
MCQ If the value of interval a is 4 and the value of interval b is 5 then the variance of
uniform distribution is
A. 6.75
B. 4.75
C. 5.75
D. 0.75
A. 60%
B. 55%
C. 75%
D. 85%
A. Greek letters
B. capital letters
C. small letters
D. Latin letters
A. job satisfaction
B. consumer behaviors
C. leadership ability
D. all of above
A. cartograms
B. picto-graph
C. pictograms
D. symmetry graph
MCQ If the value of x-bar is 70 and the μ of sampling distribution is 15 with the standard
deFrequency Distribution Types Quiz
MCQ If the value of x-bar is 70 and the μ of sampling distribution is 15 with the standard
deviation is 20 then the standard normal variable is
A. 2.75
B. 3.75
C. 4.75
D. 5.75
MCQ The histograms and pie charts are classified as one dimensional diagrams because only
A. length is considered
B. width is considered
C. length plus width is considered
D. breadth is considered
MCQ The procedures of descriptive statistics and control charts which are used to improve the
process are classified as
A. statistical tools
B. parallel tools
C. serial tools
D. behavioral tools
MCQ The procedure of selecting the desired portion from population which describes the
characteristics of whole population is
A. sampling
B. extracting
C. deviation of sample
D. variability of sample
MCQ In stem and leaf display diagrams used in exploratory analysis, the leaves are considered
as
A. leading digits
B. dispersed digits
C. central digits
D. trailing digits
MCQ The sum of highest and lowest value is 80 and the coefficient of range is 0.625 then the
difference between highest and lowest value is
A. 70
B. 100
C. 150
D. 50
MCQ In a symmetrical distribution, the third quartile and first quartile of data in distribution must
A. be at equal distance
B. not be at equal distance
C. positive value concentration
D. negative value concentration
A. dispersion tables
B. classification tables
C. cumulative tables
D. distributed tables
Answer B
Answer A
Q.3 ………………………….. level supply information to strategic tier for the use of top
management.
A) Operational
B) Environmental
C) Competitive
D) Tactical
Q.6 Use the new system as the same time as the old system to compare the results.
This is known as ……
A) Procedure Writing
B) Simultaneous processing
C) Parallel Operation
D) File Conversion
Q. 9 …………… can be defined as most recent and perhaps the most comprehensive
technique for solving computer problems.
A) System Analysis
B) System Data
C) System Procedure
D) System Record
3. You have a summary table and a simple bar chart (like the ones at the
beginning of the chapter) indicating where customers prefer to do their
banking. How could you enhance the bar chart to provide both visual and
actual information?
Answer Add values to the bar chart like what is commonly done on a pie chart.
:
While the addition of vertical lines will enhance a bar chart, it may not show the actual
values if the frequencies are not integers.
4. It might be said that the stem-and-leaf display is really a quick and easy way of
creating a rudimentary chart or diagram for numerical data. If so, which chart is used to
describe categorical data does it most closely resemble?
Answer The stem-and-leaf display most closely resembles a rudimentary bar chart.
:
5. The width of a class interval in a frequency distribution (or bar chart) will be
approximately equal to the range of the data divided by the number of class intervals
6.
Q Which of the above histograms represents the graph of city restaurant meal
prices with an interval of $8?
Ques :
The rule of thumb for creating a frequency distribution is to divide the data
into 5-15 classes. While larger numbers of classes allow for larger data
sets, how do you know exactly how many classes to use?
Answer Select the number of classes that provides definition to the shape of the data.
:
Ques. The following numbers represent exam scores in an accounting class:
If a stem-and-leaf diagram is developed from this data, how many stems will be used?
Ques :Considering the various types of tables and charts introduced in this chapter,
which table, chart, diagram or plot would you use to depict categorical data for two
variables in a visual format?
Answer:
side-by-side bar chart
The cumulative frequency for a particular class is equal to 35. The cumulative frequency
for the next class will be _________________ .
Answer:
35 plus the next class frequency.
100-35 = 65 does not determine the cumulative frequency for the next class.
Ques ;Which of the following would be most helpful in the construction of a pie chart?
Answer:
relative frequencies
The cumulative percentages would be sufficient, but the relative frequencies would
need to be extracted before the pie chart could be constructed.
Ques. :
The table above shows the frequency and relative frequencies for 7 groups of
restaurant meal prices. How was the value of 0.36 obtained for the relative frequency of
meals costing $32 but less than $40?
The correct way to calculate the relative frequency is to divide the value (18) by the
number of data points (50).