Exam 1: What Is Statistics

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The Nielsen Ratings break down the number of people watching a particular television show by age. Age is what level of measurement?

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Statistics are used to report the summary results of market surveys.

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The performance of personal and business investments is measured as a percentage, "return on investment". What type of variable is "return on investment"?

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The order that runners finish in a race would be an example of continuous data.

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What is a portion or part of a population called?

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Which of the following is an example of qualitative variable?

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The collection of all possible objects of interest is referred to as the ____________.

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Descriptive statistics are used to find out something about a population based on a sample.

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The branch of statistics that collects, analyzes and presents data is called _____________ statistics.

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When TV advertisements report "2 out of 3 dentists surveyed indicated they would recommend Brand X toothpaste to their patients," an informed consumer may question the conclusion because the:

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Data measured on a nominal scale can only be classified into categories.

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If we select 100 persons from 25,000 registered voters and question them about candidates and issues, the 100 persons are referred to as the population.

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What type of variable is the number of gallons of gasoline pumped by a filling station during a day?

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The main purpose of descriptive statistics is to:

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The monthly Consumer Price Index is called a(n) ______________.

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A marketing research agency was hired to test a new DVD player. Consumers rated it outstanding, very good, fair or poor. The level of measurement for this experiment is ordinal.

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The members of each basketball team wear numbers on their jerseys. What scale of measurement are these numbers considered?

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A variable that can have any value within a specific range is called _______________.

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The terms descriptive statistics and inferential statistics can be used interchangeably.

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The final rankings of the top 20 NCAA college basketball teams are an example of which level of measurement?

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