Exam 1: An Introduction to Business Statistics

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Selecting many different samples and running many different tests can eventually produce a result that makes a desired conclusion be true.

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Temperature (in degrees Fahrenheit)is an example of a(n)__________ variable.

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Cross-sectional data are data collected at the same point in time.

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Daily temperature in a local community collected over a 30-day time period is an example of cross-sectional data.

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__________ is a necessary component of a runs plot.

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The process of assigning a value of a variable to each element in a data set is called ___________.

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______________ is the science of using a sample to make generalizations about the important aspects of a population.

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In an experimental study,the aim is to manipulate or set the value of the response variable.

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Data that are collected by an individual through personally planned experimentation or observation are _____________.

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Examining all population measurements is called a _____________.

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The science of describing the important aspects of a set of measures is called statistical inference.

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A study is being conducted on the effect of gas price on the number of miles driven in a given month.Residents in two cities,one on the East Coast and one on the West Coast are randomly selected and asked to complete a questionnaire on the type of car they drive,the number of miles they live from work,the number of children under 18 in their household,their monthly income,and the number of miles they have driven over the past 30 days.List the response variable(s).

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

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If we collect data on the number of wins each team in the NFL had during the 2011-12 season,we have _____________ data.

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An example of a quantitative variable is the manufacturer of a car.

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An example of a qualitative variable is the mileage of a car.

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The two types of quantitative variables are:

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A set of all elements we wish to study is called a ____________.

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Using a nonrandom sample procedure in order to support a desired conclusion is an example of an unethical statistical procedure.

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Using the following data table of the average hours per week spent on Internet activities by 15- to 18-year-olds for the years 1999-2008,construct the runs plot and interpret. Using the following data table of the average hours per week spent on Internet activities by 15- to 18-year-olds for the years 1999-2008,construct the runs plot and interpret.

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