Exam 20: Basic Data Analysis: Descriptive Statistics

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Explain what a contingency table is and discuss how it is useful in business research.

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A contingency table is a data matrix that displays the frequency of some combination of possible responses to multiple variables. Two-way contingency tables, meaning they involve two less-than interval variables, are used most often. The row and column totals often are called marginals because they appear in the table's margins. Researchers usually are more interested in the inner cells of a contingency table because they display conditional frequencies (combinations). Using these values, we can draw more specific conclusions.

When ranking data are transformed, the frequency of the ranking score should be divided by the score.

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A researcher interested in a data matrix that displays the frequency of some combination of possible responses to multiple variables should construct a _____.

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An analysis of the basic cross-tabulation for each level of a variable not previously considered, such as subgroups of the sample, is referred to as _____.

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The purpose of a table in a research report is to summarize and communicate the meaning of the data to the reader.

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Another name for data transformation is _____.

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When responses to two rating scale questions are plotted in four quadrants of a two- dimensional graph, this is called ______ analysis.

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A(n) _____ is a graphical way of showing a frequency distribution in which the height of a bar corresponds to the frequency of a category.

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When a respondent's answers to ten Likert-scale items are added up to form a total score for these questions, this is an example of _____.

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Descriptive statistics can summarize responses from large numbers of respondents in a few simple statistics.

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Data must always be interpreted.

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When a third variable inserted into the analysis changes the results when two other variables were studied previously, this third variable is called a moderator variable.

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A researcher is reviewing average household income data and sees that one household reported an annual income of over $1 million. This value lies outside the normal range of the data and is called a(n) _____.

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Explain the process and importance of interpretation in business research.

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Researchers often perform a(n) _____ to collapse a scale with multiple response points into two categories.

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Box and whisker plots provide graphic representations of central tendencies, percentiles, variabilities, and the shapes of frequency distributions.

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A contingency table is a data matrix that displays the frequency of some combination of possible responses to multiple variables.

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A category split means respondents below the observed median go into one category and respondents above the median go into another.

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If a business wants to know if more males or females work in its two manufacturing facilities, which of the following answers this question?

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Data with which type of distribution are appropriate for division based on the median split?

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