WorksheetsBusiness Statistics - Week 1
Total questions: 12
Worksheet time: 6mins
The number observations in a complete data set having 10 elements and 5 variables is
5
10
15
50
When the data are labels or names used to identify an attribute of the elements, the variable has which scale of measurement?
ordinal
interval
nominal
ratio
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?
nominal
interval
ordinal
ratio
When the data have the properties of interval data and the ratio of two values is meaningful, the variable has which scale of measurement?
ratio
big data
nominal
ordinal
Which scale of measurement can be either numeric or nonnumeric?
interval
nominal
nominal and ordinal
ordinal
Categorical data
are always nonnumeric
may be either numeric or nonnumeric
are always numeric
indicate either how much or how many
Ordinary arithmetic operations are meaningful
either with quantitative or categorical data
only with categorical data
only with quantitative data
with rank data
In a questionnaire, respondents are asked to record their age in years. Age is an example of a
ratio variable
quantitative variable
categorical variable
categorical or quantitative variable, depending on how the respondents answered the question
A Scanner Data User Survey of 50 companies found that the average amount spent on scanner data per category of consumer goods was $387,325 (Mercer Management Consulting, Inc., April 24, 1997). The $387,325 is an example of
quantitative data
categorical data
a descriptive statistic
Both quantitative data and a descriptive statistic are correct.
In a sample of 800 students in a university, 160, or 20%, are Business majors. Based on the above information, the school's paper reported that "20% of all the students at the university are Business majors." This report is an example of
a sample
descriptive statistics
statistical inference
a population
The owner of a factory regularly requests a graphical summary of all employees' salaries. The graphical summary of salaries is an example of
statistical inference
a sample
descriptive statistics
an experiment
Exhibit 1-2
In a sample of 3,200 registered voters, 1,440, or 45%, approve of the way the President is doing his job.
Refer to Exhibit 1-2. A political pollster states, "Forty five percent of all voters approve of the President." This statement is an example of
a sample
descriptive statistics
statistical inference
a population
