100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Test Bank for Business Analytics 3rd Edition Camm CA$19.43   Add to cart
Quickly navigate to
Preview
  2.  
  3. Business Analytics 3rd Edition Camm
  4.  
  5. Business Analytics 3rd Edition Camm

Exam (elaborations)

Test Bank for Business Analytics 3rd Edition Camm
 12 views  0 purchase
  • Course
  • Business Analytics 3rd Edition Camm
  • Institution
  • Business Analytics 3rd Edition Camm
  • Book
  • Test Bank for Business Today

CH 02 - Descriptive Statistics Copyright Cengage Learning. Powered by Cognero. Page 1 Multiple Choice 1. A quantity of interest that can take on different values is known as a(n) a. variable. b. parameter. c. sample. d. observation. ANSWER: a RATIONALE: A characteristic or a quantity of inte...

[Show more]

Preview 4 out of 153  pages

Document information

  • September 4, 2024
  • 153
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ch 02 descriptive statistics copyright cengage l

Connected book

book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:

Written for

  • Business Analytics 3rd Edition Camm
All documents for this subject (3)

Seller

avatar-seller
NurseAdvocate

Reviews received

Content preview

, DOWNLOAD THE Test Bank for Business Analytics 3rd Edition Camm
CH 02 - Descriptive Statistics
Multiple Choice

1. A quantity of interest that can take on different values is known as a(n)
a. variable. b. parameter.
c. sample. d. observation.
ANSWER: a
RATIONALE: A characteristic or a quantity of interest that can take on different values is known as a
variable.
POINTS: 1
DIFFICULTY: Easy
REFERENCES: OVERVIEW OF USING DATA: DEFINITIONS AND GOALS
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - DISC: - Descriptive Statistics
KEYWORDS: Bloom’s: Remember
DATE CREATED: 1/23/2018 10:15 AM
DATE MODIFIED: 3/19/2018 9:53 AM

2. A set of values corresponding to a set of variables is defined as a(n)
a. quantity. b. event.
c. factor. d. observation.
ANSWER: d
RATIONALE: An observation is a set of values corresponding to a set of variables.
POINTS: 1
DIFFICULTY: Easy
REFERENCES: OVERVIEW OF USING DATA: DEFINITIONS AND GOALS
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - DISC: - Descriptive Statistics
KEYWORDS: Bloom’s: Remember
DATE CREATED: 1/23/2018 10:15 AM
DATE MODIFIED: 3/19/2018 9:53 AM

3. The difference in a variable measured over observations (time, customers, items, etc.) is known as
a. observed differences. b. variation.
c. variable change. d. descriptive analytics.
ANSWER: b
RATIONALE: Variation is the difference in a variable measured over observations (time, customers, items,
etc.).
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: OVERVIEW OF USING DATA: DEFINITIONS AND GOALS
QUESTION TYPE: Multiple Choice
Copyright Cengage Learning. Powered by Cognero. Page 1


mynursytest.store
GRADESLAB.COM

, DOWNLOAD THE Test Bank for Business Analytics 3rd Edition Camm
CH 02 - Descriptive Statistics

HAS VARIABLES: False
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - DISC: - Descriptive Statistics
KEYWORDS: Bloom’s: Remember
DATE CREATED: 1/23/2018 10:15 AM
DATE MODIFIED: 3/19/2018 9:53 AM

4. _______________ acts as a representative of the population.
a. The variable b. The variance
c. A sample d. A random variable
ANSWER: c
RATIONALE: A subset of the population is known as a sample, and acts as a representative of the
population.
POINTS: 1
DIFFICULTY: Easy
REFERENCES: TYPES OF DATA
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - DISC: - Descriptive Statistics
KEYWORDS: Bloom’s: Remember
DATE CREATED: 1/23/2018 10:15 AM
DATE MODIFIED: 3/19/2018 9:53 AM

5. The act of collecting data that are representative of the population data is called
a. random sampling. b. sample data.
c. population sampling. d. sources of data.
ANSWER: a
RATIONALE: A representative sample can be gathered by random sampling of the population data.
POINTS: 1
DIFFICULTY: Easy
REFERENCES: TYPES OF DATA
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - DISC: - Descriptive Statistics
KEYWORDS: Bloom’s: Remember
DATE CREATED: 1/23/2018 10:15 AM
DATE MODIFIED: 3/19/2018 9:53 AM

6. The letter grades (A, B, C, D, F) of business analysis students are recorded by a professor. This variable’s classification
a. is quantitative data. b. cannot be determined.
c. is categorical data. d. is time series data.
ANSWER: c
RATIONALE: If arithmetic operations cannot be performed on the data, they are considered categorical data.
Copyright Cengage Learning. Powered by Cognero. Page 2


mynursytest.store

, DOWNLOAD THE Test Bank for Business Analytics 3rd Edition Camm
CH 02 - Descriptive Statistics

POINTS: 1
DIFFICULTY: Easy
REFERENCES: TYPES OF DATA
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - DISC: - Descriptive Statistics
KEYWORDS: Bloom’s: Apply
DATE CREATED: 1/23/2018 10:15 AM
DATE MODIFIED: 3/19/2018 9:53 AM

7. The amount of time taken by each of 10 students in a class to complete an exam is an example of what type of data?

a. Cannot be determined b. Categorical data
c. Time series data d. Quantitative data
ANSWER: d
RATIONALE: Data are considered quantitative data if numeric and arithmetic operations, such as addition,
subtraction, multiplication, and division, can be performed on them.
POINTS: 1
DIFFICULTY: Easy
REFERENCES: TYPES OF DATA
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - DISC: - Descriptive Statistics
KEYWORDS: Bloom’s: Remember
DATE CREATED: 1/23/2018 10:15 AM
DATE MODIFIED: 3/19/2018 9:53 AM

8. __________ are collected from several entities at the same point in time.
a. Time series data b. Categorical and quantitative data
c. Cross-sectional data d. Random data
ANSWER: c
RATIONALE: Cross-sectional data are collected from several entities at the same, or approximately the
same, point in time.
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: TYPES OF DATA
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - DISC: - Descriptive Statistics
KEYWORDS: Bloom’s: Remember
DATE CREATED: 1/23/2018 10:15 AM
DATE MODIFIED: 3/19/2018 9:53 AM
Copyright Cengage Learning. Powered by Cognero. Page 3


mynursytest.store

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller NurseAdvocate. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$19.43. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73918 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$19.43
  • (0)
  Add to cart