Exam 1: Data and Business Decisions

Data on production output,material costs,sales,and accounts receivable,are collected by an organization through ________.

________ data are collected over an extended period of time.

Nominal data have a specified measure of the distance between observations,but no natural zero.

Age (in years)would be an example of ________ data.

All of the following are examples of a discrete metric except ________.

In Microsoft Excel,the ________ chart is used to show three-dimensional data.

Which of the following is used to add values in a range of cells using Microsoft Excel?

In Microsoft Excel,a type of scatter chart in which the size of the data marker corresponds to the value of a third variable,is called a ________.

Race and ethnicity is an example of ________ data.

The strongest and most useful form of measurement is the ________.

Explain the difference between categorical,ordinal,interval,and ratio data.Give an example for each.

Data that has a natural zero is called ________ data.

A unit of measure that provides a way to objectively quantify performance is called a ________.