Exam 1: Defining and Collecting Data
Exam 1: Defining and Collecting Data205 Questions
Exam 2: Organizing and Visualizing Variables212 Questions
Exam 3: Numerical Descriptive Measures163 Questions
Exam 4: Basic Probability171 Questions
Exam 5: Discrete Probability Distributions117 Questions
Exam 6: The Normal Distribution144 Questions
Exam 7: Sampling Distributions127 Questions
Exam 8: Confidence Interval Estimation187 Questions
Exam 9: Fundamentals of Hypothesis Testing: One-Sample Tests177 Questions
Exam 10: Two-Sample Tests300 Questions
Exam 11: Chi-Square Tests128 Questions
Exam 12: Simple Linear Regression209 Questions
Exam 13: Multiple Regression307 Questions
Exam 14: Business Analytics254 Questions
Select questions type
Which of the following scenarios will yield a nonprobability sample?
(Multiple Choice)
4.8/5
(33)
SCENARIO 1-2
A Wall Street Journal poll asked 2,150 adults in the U.S.a series of questions to find out their view on the U.S.economy.
-Referring to Scenario 1-2, the possible responses to the question "On the scale of 1 to 100 with 1 being extremely anxious and 100 being total not anxious, rate your level of anxiety in this U.S.economy" are values from a
(Multiple Choice)
4.8/5
(34)
A telemarketer set the company's computerized dialing system to contact every 25th person listed in the local telephone directory.What sampling method was used?
(Multiple Choice)
4.8/5
(38)
SCENARIO 1-1
The manager of the customer service division of a major consumer electronics company is interested in determining whether the customers who have purchased a Blu-ray player made by the company over the past 12 months are satisfied with their products.
-Referring to Scenario 1-1, the possible responses to the question "What is your annual income rounded to the nearest thousands?" are values from a
(Multiple Choice)
4.7/5
(39)
The professor of a business statistics class wanted to find out the mean amount of time per week her students spent studying for the class.Among the 50 students in her class,20% were freshmen, 50% were sophomores and 30% were juniors.She decided to select 2 students randomly from the freshmen, 5 randomly from the sophomores and 3 randomly from the juniors.This is an example of a systematic sample.
(True/False)
5.0/5
(43)
The oranges grown in corporate farms in an agricultural state were damaged by some unknown fungi a few years ago.Suppose the manager of a large farm wanted to study the impact of the fungi on the orange crops daily over a 6-week period.On each day a random sample of orange trees was selected from within a random sample of acres.The daily average number of damaged oranges per tree and the proportion of trees having damaged oranges were calculated.The two main measures calculated each day (i.e., average number of damaged oranges per tree and proportion of trees having damaged oranges) may be used daily to estimate the respective true population _.
(Short Answer)
4.8/5
(35)
A sample of 300 subscribers to a magazine is selected from a population frame of 9,000 subscribers.If, upon examining the data, it is determined that no subscriber had been selected in the sample more than once,
(Multiple Choice)
4.8/5
(32)
Which of the following is most likely a population as opposed to a sample?
(Multiple Choice)
4.8/5
(33)
Which of the following is a continuous quantitative (numerical) variable?
(Multiple Choice)
4.9/5
(35)
In business statistics class students sit randomly without preferences.A sample is selected by including everybody who sits in the first row.This is an example of a cluster sample.
(True/False)
4.8/5
(32)
An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance.A person's age is an example of a numerical variable.
(Short Answer)
4.9/5
(39)
A personal computer user survey was conducted.Hours of personal computer use per week is an example of a numerical variable
(Short Answer)
4.7/5
(37)
SCENARIO 1-3
The manager of the customer service division of a major consumer electronics company is interested in determining whether the customers who have purchased a Blu-ray player made by the company over the past 12 months are satisfied with their products.
-Referring to Scenario 1-3, if a customer survey questionnaire is included in all the Blu-ray players made and sold by the company over the past 12 months, this method of collecting data will most like suffer from
(Multiple Choice)
4.7/5
(25)
The manager of the customer service division of a major consumer electronics company is interested in determining whether the customers who have purchased a Blu-ray player made by the company over the past 12 months are satisfied with their products.Which of the following will be a good frame for drawing a sample?
(Multiple Choice)
4.9/5
(39)
The only way one can eliminate sampling error is to take the whole population as the sample.
(True/False)
4.9/5
(36)
SCENARIO 1-2
A Wall Street Journal poll asked 2,150 adults in the U.S.a series of questions to find out their view on the U.S.economy.
-Referring to Scenario 1-2, the possible responses to the question "How would you rate the condition of the U.S.economy with 1 = excellent, 2 = good, 3 = decent, 4 = poor, 5 = terrible?" are values from a
(Multiple Choice)
4.8/5
(42)
Researchers are concerned that the weight of the average American school child is increasing implying, among other things, that children's clothing should be manufactured and marketed in larger sizes.If X is the weight of school children sampled in a nationwide study without rounding, then X is an example of
(Multiple Choice)
4.9/5
(38)
The Human Resources Director of a large corporation wishes to develop an employee benefits package and decides to select 500 employees from a list of all (N = 40,000) workers in order to study their preferences for the various components of a potential package.The Director will use the data from the sample to compute .
(Short Answer)
4.9/5
(35)
The professor of a business statistics class wanted to find out the mean amount of time per week her students spent studying for the class.She divided the students into the left, right and center groups according to the location they sat in the class that day.One of these 3 groups was randomly selected and everyone in the group was asked the mean amount of time per week he/she spent studying for the class.This is an example of a cluster sample.
(True/False)
4.7/5
(40)
Showing 41 - 60 of 205
Filters
- Essay(0)
- Multiple Choice(0)
- Short Answer(0)
- True False(0)
- Matching(0)