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Test Bank for Statistics for Business and Economics, 15th Edition by Jeffrey D. Camm
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  • Course
  • Introduction to Statistics
  • Institution
  • Introduction To Statistics

Test Bank for Statistics for Business and Economics, 15e 15th Edition by Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson, Dennis J. Sweeney, Thomas A. Williams. Full Chapters test bank are included - Chap 1 to 22 1. Data and Statistics. 2. Descriptive St...

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Document information

  • August 19, 2023
  • 928
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • statistics
  • business
  • economics
  • 15e
  • 15th
  • edition
  • jeffrey
  • camm
  • multiple choice
  • mcqs
  • question bank
  • quiz bank
  • exam practice
  • tests
  • 9780357715857
  • test bank
  • practice quizzes

Written for

  • Introduction to Statistics
  • Introduction to Statistics

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Name: Class: Date:

Chap 01 15e

Indicate the answer choice that best completes the statement or answers the question.
1. Statistical studies in which researchers do not control variables of interest are _____ studies.
a. experimental
b. random variable
c. inferential
d. observational

2. Data are
a. always numeric.
b. always non-numeric.
c. the raw material of statistics.
d. always categorical.

3. The Department of Transportation of a city has calculated that on the average there are 17 accidents per day.
The average number of accidents is an example of
a. descriptive statistics.
b. statistical inference.
c. a sample.
d. a population.

4. Goals scored in a soccer game is an example of
a. a categorical variable.
b. a quantitative variable.
c. either a quantitative or categorical variable.
d. neither a quantitative nor categorical variable.

5. A population is
a. the same as a sample.
b. the selection of a random sample.
c. the collection of all items of interest in a study.
d. always the same size as the sample.

6. Which of the following is not a scale of measurement?
a. Nominal
b. Ordinal
c. Interval
d. Observational




. Page 1

,Name: Class: Date:

Chap 01 15e

7. The subject of data mining deals with
a. methods for developing useful decision-making information from large data bases.
b. keeping data secure so that unauthorized individuals cannot access the data.
c. computational procedure for data analysis.
d. computing the average for data.

8. The set of analytical techniques that yield a best course of action is _____ analytics.
a. prescriptive
b. predictive
c. descriptive
d. diagnostic

9. Since a sample is a subset of the population, the sample mean _____ the mean of the population.
a. is always smaller than
b. is always larger than
c. must be equal to
d. varies around

10. In a random sample of 200 items, 5 items were defective. An estimate of the percentage of defective items in
the population is
a. 5%.
b. 2.5%.
c. 20%.
d. 10%.

11. In a sample of 1,600 registered voters, 912 or 57% approve of the way the President is doing his job. A political
pollster estimates: "Fifty-seven percent of all voters approve of the President." This statement is an example of
a. a sample.
b. descriptive statistics.
c. statistical inference.
d. a population.

12. The process of analyzing sample data in order to draw conclusions about the characteristics of a population is
called
a. descriptive statistics.
b. statistical inference.
c. data analysis.
d. data summarization.




. Page 2

,Name: Class: Date:

Chap 01 15e

13. In observational studies, the variable of interest
a. is not controlled.
b. is controlled.
c. must be numerical.
d. cannot be numerical.

14. In a post office, the mailboxes are numbered from 1 to 4,500. These numbers represent
a. categorical data.
b. quantitative data.
c. either categorical or quantitative data.
d. since the numbers are sequential, the data is quantitative.

15. The major applications of data mining have been made by companies with a strong _______ focus.​
a. w ​ holesale
b. m ​ anufacturing
c. consumer
d. r​ esearch and development

16. Which of the following is a categorical variable?
a. Your age when you began college
b. Your Social Security Number
c. Your statistics class start time
d. Your birth year

17. In a sample of 1,600 registered voters, 912 or 57% approve of the way the President is doing his job. The 57%
approval is an example of
a. a sample.
b. descriptive statistics.
c. statistical inference.
d. a population.

18. Census refers to a(n)
a. experimental study to collect data on the entire population.
b. experimental study to collect data on a sample.
c. survey to collect data on a sample.
d. survey to collect data on the entire population.

19. Data collected over several time periods are _____ data.
a. time series
b. time controlled
c. cross-sectional
d. periodic


. Page 3

, Name: Class: Date:

Chap 01 15e

20. How many scales of measurement exist?
a. 2
b. 4
c. 6
d. 8

21. A portion selected to represent the whole is called a
a. survey.
b. population.
c. census.
d. sample.

22. ​Facts and figures that are collected, analyzed and summarized for presentation and interpretation are
a. v​ ariables.
b. e​ lements.
c. t​ ime series data.
d. ​data.

23. ​Which of the following is not an example of descriptive statistics?
a. A
​ histogram depicting the age distribution for 30 randomly selected students
b. ​An estimate of the number of Alaska residents who have visited Canada
c. A​ table summarizing the data collected in a sample of new-car buyers
d. T ​ he proportion of mailed-out questionnaires that were returned

24. Analytics is generally thought to comprise three broad categories of techniques that include all of the following
except _____ analytics.
a. prescriptive
b. predictive
c. descriptive
d. diagnostic

25. Which scale of measurement can be either numeric or non-numeric?
a. Nominal
b. Ratio
c. Interval
d. Quantitative

26. Statistical studies in which researchers control variables of interest are _____ studies.
a. experimental
b. random variable
c. inferential
d. observational


. Page 4

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