100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Essentials of Modern Business Statistics with Microsoft Excel 5th Edition by David R. Anderson - Test Bank $31.66   Add to cart

Exam (elaborations)

Essentials of Modern Business Statistics with Microsoft Excel 5th Edition by David R. Anderson - Test Bank

 5 views  0 purchase
  • Course
  • Institution
  • Book

Test Bank For Essentials of Modern Business Statistics with Microsoft Excel 5th Edition by David R. Anderson

Preview 4 out of 554  pages

  • October 3, 2023
  • 554
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
,CHAPTER 1—DATA AND STATISTICS


MULTIPLE CHOICE

1. Which of the following is an example of quantitative data?
a. the player’s number on a baseball uniform
b. the serial number on a one-dollar bill
c. the part number of an inventory item
d. the number of people in a waiting line

ANS: D PTS: 1

2. 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. the proportion of mailed-out questionnaires that were returned

ANS: B PTS: 1

3. Which of the following is an example of categorical data?
a. social security number
b. score on a multiple-choice exam
c. height, in meters, of a diving board
d. number of square feet of carpet

ANS: A PTS: 1

4. The number observations in a complete data set having 10 elements and 5 variables is
a. 5
b. 10
c. 25
d. 50

ANS: B PTS: 1

5. Facts and figures that are collected, analyzed and summarized for presentation and interpretation are
a. data
b. variables
c. elements
d. Both variables and elements are correct.

ANS: A PTS: 1

© 2012 Cengage Learning. All Rights Reserved.

May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

, 6. The entities on which data are collected are
a. elements
b. populations
c. sets
d. samples

ANS: A PTS: 1

7. The set of measurements collected for a particular element is (are) called
a. census
b. variables
c. observations
d. samples

ANS: C PTS: 1

8. A characteristic of interest for the elements is called a(n)
a. sample
b. data set
c. variable
d. observation

ANS: C PTS: 1

9. All the data collected in a particular study are referred to as the
a. census
b. inference
c. variable
d. data set

ANS: D PTS: 1

10. In a data set, the number of observations will always be the same as the number of
a. variables
b. elements
c. data sets
d. data

ANS: B PTS: 1

11. Which of the following is NOT a scale of measurement?
a. nominal
b. ordinal
c. interval
© 2012 Cengage Learning. All Rights Reserved.

May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

, d. All of these are scales of measurement.

ANS: D PTS: 1

12. When the data are labels or names used to identify an attribute of the elements, the variable has which
scale of measurement?
a. nominal
b. ordinal
c. interval
d. ratio

ANS: A PTS: 1

13. When the data are labels or names used to identify an attribute of the elements and the rank of the data
is meaningful, the variable has which scale of measurement?
a. nominal
b. ordinal
c. interval
d. ratio

ANS: B PTS: 1

14. When the data have the properties of ordinal data and the interval between observations is expressed in
terms of a fixed unit of measure, the variable has which scale of measurement?
a. nominal
b. ordinal
c. interval
d. ratio

ANS: C PTS: 1

15. When the data have the properties of interval data and the ratio of two values is meaningful, the
variable has which scale of measurement?
a. nominal
b. ordinal
c. interval
d. ratio

ANS: D PTS: 1

16. Which scale of measurement can be either numeric or nonnumeric?
a. nominal
b. ordinal
c. interval
© 2012 Cengage Learning. All Rights Reserved.

May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

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 ExamsExpert. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $31.66. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

76669 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
$31.66
  • (0)
  Add to cart