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Test Bank for Business Statistics and Analytics in Practice, 9th Edition Bowerman (All Chapters included) CA$42.47   Add to cart

Exam (elaborations)

Test Bank for Business Statistics and Analytics in Practice, 9th Edition Bowerman (All Chapters included)

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  • Course
  • Introduction to Statistics
  • Institution
  • Introduction To Statistics

Complete Test Bank for Business Statistics and Analytics in Practice, 9th Edition by Bruce L. Bowerman, Richard T. O'Connell, Emily S. Murphree ; ISBN13: 9781260287844. (Full Chapters included Chapter 1 to 19)....Chapter 1 An Introduction to Business Statistics and Analytics Chapter 2 Descriptive ...

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  • February 16, 2024
  • 1414
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • Introduction to Statistics
  • Introduction to Statistics
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TEST BANK




Business Statistics and Analytics in
Practice, 9th Edition by Bruce L.
Bowerman



Complete Chapters Test Bank
are included (Ch 1 to 19)




** Immediate Download
** Swift Response
** All Chapters included

,Business Statistics and Analytics in Practice, 9e (Bowerman)
Chapter 1 An Introduction to Business Statistics and Analytics

1) A population is a set that includes all elements about which we wish to draw a conclusion.

Answer: TRUE
Difficulty: 1 Easy
Topic: Populations, Samples, and Traditional Statistics
Learning Objective: 01-07 Describe the difference between a population and a sample.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

2) If we examine some of the population measurements, we are conducting a census of the
population.

Answer: FALSE
Explanation: A census is defined as examining all of the population measurements.
Difficulty: 2 Medium
Topic: Populations, Samples, and Traditional Statistics
Learning Objective: 01-07 Describe the difference between a population and a sample.
Bloom's: Understand
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

3) A random sample is selected so that every element in the population has the same chance of
being included in the sample.

Answer: TRUE
Difficulty: 1 Easy
Topic: Random Sampling and Three Case Studies That Illustrate Statistical Inference
Learning Objective: 01-09 Explain the concept of random sampling and select a random sample.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation




1

, 4) An example of a quantitative variable is the manufacturer of a car.

Answer: FALSE
Explanation: This is an example of a qualitative or categorical variable.
Difficulty: 1 Easy
Topic: Data
Learning Objective: 01-02 Describe the difference between a quantitative variable and a
qualitative variable.
Bloom's: Understand
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

5) An example of a qualitative variable is the mileage of a car.

Answer: FALSE
Explanation: This is an example of a quantitative variable.
Difficulty: 1 Easy
Topic: Data
Learning Objective: 01-02 Describe the difference between a quantitative variable and a
qualitative variable.
Bloom's: Understand
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

6) Statistical inference is the science of using a sample of measurements to make generalizations
about the important aspects of a population of measurements.

Answer: TRUE
Difficulty: 2 Medium
Topic: Populations, Samples, and Traditional Statistics
Learning Objective: 01-08 Distinguish between descriptive statistics and statistical inference.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

7) Time series data are data collected at the same time period.

Answer: FALSE
Explanation: Time series data are collected over different time periods.
Difficulty: 1 Easy
Topic: Data
Learning Objective: 01-03 Describe the difference between cross-sectional data and time series
data.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

8) Cross-sectional data are data collected at the same or approximately the same point in time.
2

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