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
BUS 310 Exam 1 questions and answers correct and verified 100% $11.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. BUS 310
  4.  
  5. BUS 310

Exam (elaborations)

BUS 310 Exam 1 questions and answers correct and verified 100%
 1 view  0 purchase
  • Course
  • BUS 310
  • Institution
  • BUS 310

BUS 310 Exam 1 questions and answers correct and verified 100%BUS 310 Exam 1 questions and answers correct and verified 100% Which of the following is an example of quantitative data? a. Your Social Security number b. The ZIP code of your home address c. Your gender d. Google's closing sto...

[Show more]

Preview 3 out of 21  pages

Document information

  • October 26, 2024
  • 21
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • bus 310 exam 1 questions and answers correct and v

Written for

  • BUS 310
  • BUS 310

Seller

avatar-seller
InsightInk

Reviews received

Content preview

BUS 310 Exam 1 questions and answers c
dl dl dl dl dl dl dl




orrect and verified 100%
dl dl dl




Whichdlofdlthedlfollowingdlisdlandlexampledlofdlquantitativedldata?
a.dlYourdlSocialdlSecuritydlnumber
b.dlThedlZIPdlcodedlofdlyourdlhomedladdress
c.dlYourdlgender
d.dlGoogle'sdlclosingdlstockdlpricedltodaydl-dlcorrectdlanswers-Google'sdlclosingdlstockdlpricedltoday
ThedlnumberdlofdliPhonesdlsolddltodaydlatdlandlAppledlstoredlisdlandlexampledlofdl-dlcorrectdlanswers-ratiodldata
SCENARIOdl1-
1dlThedlmanagerdlofdlthedlcustomerdlservicedldivisiondlofdladlmajordlconsumerdlelectronicsdlcompanydlisdlinterest
eddlindldeterminingdlwhetherdlthedlcustomersdlwhodlhavedlpurchaseddladlBlu-
raydlplayerdlmadedlbydlthedlcompanydloverdlthedlpastdl12dlmonthsdlaredlsatisfieddlwithdltheirdlproducts.dl
ReferringdltodlScenariodl1-1,dlthedlpossibledlresponsesdltodlthedlquestiondl"HowdlmanydlBlu-
raydlplayersdlmadedlbydlotherdlmanufacturersdlhavedlyoudlused?dl"resultsdlin

A.dladlnominaldlscaledlvariable.
B.dlandlordinaldlscaledlvariable.
C.dlandlintervaldlscaledlvariable.
D.dladlratiodlscaledlvariable.dl-dlcorrectdlanswers-D.dladlratiodlscaledlvariable.

(getdlotherdlexamplesdlfromdlthisdlproblemdl--favoriteddlquizletdllink)
Whichdlscalesdlofdldatadlmeasurementdlaredlassociateddlwithdlquantitativedldata?dl-dlcorrectdlanswers-
intervaldlanddlratio
WhichdlscalesdlofdldatadlmeasurementdlaredlassociateddlwithdlQUALITATIVEdldata?dl-dlcorrectdlanswers-
nominaldlanddlordinal
TemperaturedlscalesdllikedlCelsiusdl(C)dlanddlFahrenheitdl(F)dlaredlmeasureddlbydlusingdlwhatdlscaledlofdlmeasurm
entdl-dlcorrectdlanswers-interval
Questiondl1dlcontinues.dlThedlpossibledlresponsesdltodlthedlquestiondl"HowdlsatisfieddlaredlyoudlwithdlthedlU.S.dle
conomydltodaydlwithdl1dl=dlverydlsatisfied,dl2dl=dlmoderatelydlsatisfied,dl3dl=dlneutral,dl4dl=moderatelydldissatisfie
d,dlanddl5dl=dlverydldissatisfied?"dlresultdlin

A)dladlnominaldlscaledlvariable.
B)dlandlordinaldlscaledlvariable
.C)dlandlintervaldlscaledlvariable.
D)dladlratiodlscaledlvariable.dl-dlcorrectdlanswers-ordinaldlscaledlvariable
Determinedlwhetherdlthedlgivendlvaluedlisdladlstatisticdlordladlparameter.

Afterdltakingdlthedlfirstdlexam,dl15dlofdlthedlstudentsdldroppeddlthedlclass.

Statistic
Parameterdl-dlcorrectdlanswers-Parameter
GeneraldlMillsdlisdlconsideringdlofferingdladlnewdltypedlofdlyogurt.dlTodlgaugedlinterest,dltheydlaredlperformingdltas
tedltestsdlatdldifferentdllocationsdlarounddlthedlcountry.dlBaseddlondlthedlresultsdlofdlthesedlsamples,dltheydlwilldlde
cidedlwhetherdlordlnotdltodlmarketdlthedlnewdlyogurt.dl

,Thisdlisdlandlexampledlofdlusingdl________.

descriptivedlstatistics.
qualitativedldata.
secondarydldata.
inferentialdlstatistics.dl-dlcorrectdlanswers-inferentialdlstatistics
AdlstudydlattempteddltodlestimatedlthedlproportiondlofdlFloridadlresidentsdlwhodlweredlwillingdltodlspenddlmoredlt
axdldollarsdlondlprotectingdlthedlFloridadlcoastlinedlfromdlenvironmentaldldisasters.dlForty-
twodlhundreddlFloridadlresidentsdlweredlsurveyed.Whichdlofdlthedlfollowingdlisdlthedlpopulationdluseddlindlthedlst
udy?

thedl4200dlFloridadlresidentsdlwhodlweredlsurveyed

alldlFloridadlresidents

Floridadlresidentsdlwillingdltodlspenddlmoredltaxdldollarsdlprotectingdlthedlcoastlinedlfromdlenvironmentaldldisast
ers

alldlFloridadlresidentsdlwhodlliveddlalongdlthedlcoastlinedl-dlcorrectdlanswers-alldlFloridadlresidents
Thedltwodlbranchesdlofdlthedlstudydlofdlstatisticsdlaredlgenerallydlreferreddltodlas

descriptivedlanddlreferentialdlstatistics.

descriptivedlanddlinferentialdlstatistics.

inferentialdlanddldifferentialdlstatistics.

differentialdlanddldescriptivedlstatistics.dl-dlcorrectdlanswers-descriptivedlanddlinferentialdlstatistics
Thedluniversedlordl"totalitydlofdlitemsdlordlthings"dlunderdlconsiderationdlisdlcalled

adlprimarydldatadlsource.

adlsample.

adlsecondarydldatadlsource.

adlpopulation.dl-dlcorrectdlanswers-adlpopulation
practicedlquizdlquestionsdl-dlcorrectdlanswers-PRACTICEdlQUIZdl1.tstdl(mathchick.net)a
Adlrestaurantdlusesdlcommentdlcardsdltodlgetdlfeedbackdlfromdlitsdlcustomersdlaboutdlnewlydladdeddlitemsdltodlth
edlmenu.dlItdlrecentlydlintroduceddlhomemadedlorganicdlveggiedlburgers.dlCustomersdlwhodltrieddlthedlnewdlbur
gerdlweredlaskeddlifdltheydlwoulddlorderdlitdlagain.dlThedldatadlaredlsummarizeddlindlthedltabledlbelow.dlWhatdlperc
entagedlofdlcustomersdlwoulddldefinitelydlorderdlthedlveggiedlburgerdlagain?


definitelydlwoulddl-dl10
mostdllikelydlwoulddl-dl40
maybedl-dl12

, definitelydlwoulddlnotdl-dl3dl-dlcorrectdlanswers-10+40+12+3dl=dl65

10/65dl=dl15%
Andlautodlpartsdlchaindlaskeddlcustomersdltodlcompletedladlsurveydlratingdlthedlchain'sdlcustomerdlservicedlasdlave
rage,dlabovedlaverage,dlordlbelowdlaverage.dlThedlfollowingdlshowsdlthedlresultsdlfromdlthedlsurvey:

abovedlaveragedl-dl3
averagedl-dl5
belowdlaveragedl-dl7

ThedlproportiondlofdlcustomersdlwhodlfeltdlthedlcustomerdlservicedlwasdlAveragedlisdlthedlclosestdltodl________.dl
-dlcorrectdlanswers-3dl+dl5dl+dl7dl=dl15

5/15dl=dl.333
Automobilesdltravelingdlondladlroaddlwithdladlposteddlspeeddllimitdlofdl65dlmilesdlperdlhourdlaredlcheckeddlfordlspe
eddlbydladlstatedlpolicedlradardlsystem.dlThedlfollowingdltabledlisdladlfrequencydldistributiondlofdlspeeds.

45dlupdltodl55dl-dl50
55dlupdltodl65dl-dl325
65dlupdltodl75dl-dl275
75dlupdltodl85dl-dl25dl

Whatdlproportiondlofdlthedlcarsdltraveleddlatdlleastdl55dlbutdllessdlthandl65dlmilesdlperdlhour?dl-dlcorrectdlanswers-
50dl+dl325dl+dl275dl+dl25dl=dl675

325/675dl=dl.48
Considerdlthedlfollowingdlfrequencydldistribution.

12dlupdltodl15dl-dl3
15dlupdltodl18dl-dl6
18dlupdltodl21dl-dl3
21dlupdltodl24dl-dl4
24dlupdltodl27dl-dl4

Howdlmanydlobservationsdlaredlatdlleastdl15dlbutdllessdlthandl18?dl-dlcorrectdlanswers-6
PorterdlAutomotivedlisdladlcardldealershipdlthatdlsellsdlBuicksdlanddlHondas.dlThedlfollowingdldatadlshowsdlthedlnu
mberdlofdlbuyersdlthisdlmonthdlaccordingdltodlthedlbranddlofdlcardltheydlpurchaseddlasdlwelldlasdltheirdlagedlgroup.

Underdl40dlyearsdlold:
-dlbuick:dl6dl
-dlhonda:dl17dl

40dlyearsdlordlolder
-dlbuick:dl19
-dlhonda:dl8dl

Thedlpercentagedlofdlbuyersdlwhodlaredlunderdl40dlyearsdlolddlindlthisdldatadlisdl_____.dl-dlcorrectdlanswers-
6dl+dl17dl+dl19dl+dl8dl=dl50

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 InsightInk. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

84146 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
$11.49
  • (0)
  Add to cart