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BUAL 2600 Final Exam - Gramling.

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BUAL 2600 Final Exam - Gramling.

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  • June 24, 2024
  • 67
  • 2023/2024
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BUAL 2600 Final Exam - Gramling
HW #2

A(n) ________ variable can have values that indicate into which of several
categories of a population it belongs.

a. qualitative
b. quantitative
c. interval
d. ratio
a. qualitative


HW #2

A commercial shipping company operates a large fleet of trucks. The
company needs to collect data on vehicle usage including acceleration,
braking, and vehicle maintenance such as fluid levels. The data sourcing
method needed to collect the data for this scenario is...

a. Point of Sale
b. None of these
c. Clickstream
d. Sensor
e. Social Media
d. sensor


HW #2

Which of the following describes the steps of the Analytic Process after we
know the business problem?

,a. Collect Descriptives-Choose Sampling Method-Make Prediction-Ask
Next Question
b. Collect Descriptives-Ask the Next Question-Choose Sampling
Method-Make Prediction
c. Choose DataSourcing Method-Choose Sampling Method-Collect
Descriptives-Make Prediction-Ask Next Question
d. Choose DataSourcing Method-Collect Descriptives-Make Prediction-Ask
Next Question
e. None of these
f. Choose Sampling Method-Choose DataSourcing Method-Make
Prediction-Ask Next Question
d. Choose DataSourcing Method-Collect Descriptives-Make Prediction-Ask
Next Question


HW #2

A(n) ________ variable is a qualitative variable such that there is no
meaningful ordering or ranking of the categories.

a. ratio
b. nominative
c. interval
d. ordinal
b. nominative


HW #2

Measurements from a population are called...

a. processes.
b. variables.
c. observations.
d. elements.

,c. observations.


HW #2

An identification of police officers by rank would represent a(n) ________
level of measurement.

a. nominative
b. ratio
c. ordinal
d. interval
c. ordinal


HW #2

A person's telephone area code is an example of a(n) ________ variable.

a. ordinal
b. ratio
c. nominative
d. interval
c. nominative


HW #2

Which of these variables are quantitative and which are qualitative?

a. The dollar amount on an accounts receivable invoice.
b. The net profit for a company in 2017.
c. The stock exchange on which a company's stock is traded.
d. The national debt of the United States in 2017.

, e. The advertising medium (radio, television, or print) used to promote a
product.
a. quantitative
b. quantitative
c. qualitative
d. quantitative
e. qualitative


We have an expert-written solution to this problem!
HW #2

Classify each of the following qualitative variables as ordinal or nominative.

a. Statistics course letter grade: A, B, C, D, F
b. Door choice on Let's Make A Deal: Door #1, Door #2, Door #3
c. Television show classifications: TV-G, TV-PG, TV-14, TV-MA
d. Personal computer ownership: Yes, No
e. Restaurant rating: ****, **, *, ,
f. Income tax filing status: Married filing jointly; Married filing separately;
Single; Head of household; Qualifying widow(er)
a. ordinal
b. nominative
c. ordinal
d. nominative
e. ordinal
f. nominative


HW #2

In the Analytic Process, the next step after the descriptives (descriptives is
the data that has occurred up to the current point in time) have been
collected, is to use the data to...

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