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Modern Business Statistics Study Set 1
Exam 1: Data and Statistics
Path 4
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Question 21
Multiple Choice
For ease of data entry into a university database, 1 denotes the student is enrolled in an undergraduate degree program, 2 indicates the student is enrolled in a master's degree program, and 3 indicates the student is enrolled in a doctoral degree program. In this case, the data are which scale of measurement?
Question 22
Multiple Choice
The term data warehousing is used to refer to the process of doing all of the following, except _____ the data.
Question 23
Multiple Choice
Data collected over several time periods are _____ data.
Question 24
Multiple Choice
A portion of the population selected to represent the population is called _____.
Question 25
Multiple Choice
Quantitative data _____.
Question 26
Multiple Choice
All data collected in a study are referred to as the _____.
Question 27
Multiple Choice
In a questionnaire, respondents are asked to record their age in years. Age is an example of a _____.
Question 28
Multiple Choice
In a sample of 800 students in a university, 160, or 20%, are Business majors. Based on the above information, the school's paper reported, "20% of all students at the university are Business majors." This report is an example of _____.
Question 29
Multiple Choice
Which of the following variables uses the interval scale of measurement?
Question 30
Multiple Choice
Of 800 students in a university, 360, or 45%, live in the dormitories. The 800 is an example of _____.
Question 31
Multiple Choice
Which of the following is an example of quantitative data?
Question 32
Multiple Choice
In a data set, the number of observations will always be the same as the number of _____.
Question 33
Multiple Choice
Quantitative data that measure "how many" are ________; quantitative data that measure "how much" are ________.
Question 34
Multiple Choice
What organization developed the report, "Ethical Guidelines for Statistical Practice"?
Question 35
Multiple Choice
Which of the following is NOT a categorical variable?
Question 36
Multiple Choice
A statistics professor asked students in a class their ages. Based on this information, the professor states that the average age of students in the university is 21 years. This is an example of _____.
Question 37
Multiple Choice
The term _____ is used to refer to the process of capturing, storing, and maintaining data.
Question 38
Multiple Choice
The entities on which data are collected are _____.
Question 39
Multiple Choice
A Scanner Data User Survey of 50 companies found that the average amount spent on scanner data per category of consumer goods was $387,325 (Mercer Management Consulting, Inc., April 24, 1997) . The $387,325 is an example of _____.