Exam 15: Basic Data Analysis: Descriptive Statistics

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When we describe the "typical" respondent using measures such as the mean, median, mode, standard deviation, and range, we are employing inferential analysis.

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The mean provides more information than the mode or the median because it takes every member of a set of numbers into account.

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When we square the standard deviation, the result is known as the:

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Jesse Pollard is the marketing director for SNERDLY TV Cable. He is considering offering a DVR service (digital video recording)to his customers and he is not certain what price they are willing to pay. He had a survey conducted and, after respondents were given a detailed description of the proposed DVR service, they were asked what price they were willing to pay for the service. The mean price was $30 a month. Based upon this mean, Jesse should:

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The book that contains a list of all the variable names and the codes that represent every response to each question is called the "data matrix register."

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Which one of the following is NOT one of the four functions of data summarization discussed in your text?

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Which of the following is an example of conceptualization?

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The ________ identifies the distance between the lowest value (minimum)and the highest value (maximum)in an ordered set of values.

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When the scale type is ordinal, the appropriate measure of central tendency is:

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The marketing researcher must turn to measures of variability to gain a sense of the diversity of values.

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