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Statistics for Business and Economics, 13th Edition Test Bank - Document preview page 1

Statistics for Business and Economics, 13th Edition Test Bank - Page 1

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Statistics for Business and Economics, 13th Edition Test Bank

Boost your confidence with Statistics for Business and Economics, 13th Edition Test Bank, a complete guide packed with solved problems, revision strategies, and key takeaways.

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Page 1 of 16
Statistics for Business and Economics, 13th Edition Test Bank - Page 1 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page1MultipleChoice1.Differentmethodsofdevelopingusefulinformationfromlargedatabasesaredealtwithundera.datamanipulation.b.datawarehousing.c.bigdata.d.datamining.ANSWER:dPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.07-BigDataandDataMiningNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember2.Theprocessofcapturing,storing,andmaintainingdataisknownasa.datamanipulation.b.datamining.c.datawarehousing.d.bigdata.ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.07-BigDataandDataMiningNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember3.Thesubjectofdataminingdealswitha.methodsfordevelopingusefuldecision-makinginformationfromlargedatabases.b.keepingdatasecuresothatunauthorizedindividualscannotaccessthedata.c.computationalprocedurefordataanalysis.d.computingtheaveragefordata.ANSWER:aPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.07-BigDataandDataMiningNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember4.Inaquestionnaire,respondentsareaskedtomarktheirgenderasmaleorfemale.Thescaleofmeasurementforgenderis
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Statistics for Business and Economics, 13th Edition Test Bank - Page 2 preview image
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Statistics for Business and Economics, 13th Edition Test Bank - Page 3 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page2a.ordinalscale.b.nominalscale.c.ratioscale.d.intervalscale.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand5.Thescaleofmeasurementthatisusedtorankordertheobservationforavariableiscalledthea.ratioscale.b.ordinalscale.c.nominalscale.d.intervalscale.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember6.Somehotelsasktheirgueststoratethehotel'sservicesasexcellent,verygood,good,andpoor.Thisisanexampleofthea.ordinalscale.b.ratioscale.c.nominalscale.d.intervalscale.ANSWER:aPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand7.Thedatameasuredonordinalscaleexhibitsallthepropertiesofdatameasuredona.ratioscale.b.intervalscale.c.nominalscale.
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Statistics for Business and Economics, 13th Edition Test Bank - Page 4 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page3d.nominalandintervalscales.ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember8.Temperatureisanexampleofavariablethatusesa.theratioscale.b.theintervalscale.c.theordinalscale.d.eithertheratioortheordinalscale.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand9.Arithmeticoperationsprovidemeaningfulresultsforvariablesthata.useanyscaleofmeasurementexceptnominal.b.appearasnon-numericalvalues.c.arequantitative.d.havenon-negativevalues.ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand10.Incomeisanexampleofavariablethatusesthea.ratioscale.b.intervalscale.c.nominalscale.d.ordinalscale.ANSWER:aPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-Data
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Statistics for Business and Economics, 13th Edition Test Bank - Page 5 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page4NATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand11.Datameasuredanominalscalea.mustbealphabetic.b.canbeeithernumericornonnumeric.c.mustbenumeric.d.mustrankorderthedata.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember12.Thescaleofmeasurementthathasaninherentzerovaluedefinedisthea.ratioscale.b.nominalscale.c.ordinalscale.d.intervalscale.ANSWER:aPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand13.Themeasurementscalesuitableforquantitativedataisa.ordinalscale.b.nominalscale.c.eitherintervalorratioscale.d.onlyintervalscale.ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember
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Statistics for Business and Economics, 13th Edition Test Bank - Page 6 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page514.Dataa.arealwaysnumeric.b.arealwaysnon-numeric.c.aretherawmaterialofstatistics.d.arealwayscategorical.ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand15.Theentitiesonwhichdataarecollectedarea.elements.b.populations.c.samples.d.observations.ANSWER:aPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember16.Thesetofmeasurementscollectedforaparticularelementarecalleda.variables.b.observations.c.samples.d.populations.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember17.Acharacteristicofinterestfortheelementsiscalledaa.sample.b.dataset.c.variable.d.quality.
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Statistics for Business and Economics, 13th Edition Test Bank - Page 7 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page6ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember18.Allthedatacollectedinaparticularstudyarereferredtoasthea.inference.b.variable.c.dataset.d.population.ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember19.Quantitativedataa.arealwaysnon-numeric.b.maybeeithernumericornon-numeric.c.arealwaysnumeric.d.arenevernumeric.ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand20.Inaquestionnaire,respondentsareaskedtomarktheirgenderasmaleorfemale.Genderisanexampleofa(n)a.categoricalvariable.b.quantitativevariable.c.interval-scalevariable.d.ordinal-scalevariable.ANSWER:aPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:Analytic
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Statistics for Business and Economics, 13th Edition Test Bank - Page 8 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page7STATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand21.Thenumberofobservationswillalwaysbethesameasthea.numberofvariables.b.numberofelements.c.populationsize.d.samplesize.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand22.Categoricaldataa.mustbenumeric.b.mustbenonnumeric.c.cannotbenumeric.d.maybeeithernumericornonnumeric.ANSWER:dPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand23.Categoricaldataa.indicateeitherhowmuchorhowmany.b.cannotbenumericc.arelabelsusedtoidentifyattributesofelements.d.mustbenonnumeric.ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand24.Ordinaryarithmeticoperationsaremeaningfula.onlywithcategoricaldata.
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Statistics for Business and Economics, 13th Edition Test Bank - Page 9 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page8b.onlywithquantitativedata.c.eitherwithquantitativeorcategoricaldata.d.withneitherquantitativeorcategoricaldata.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand25.Socialsecuritynumbersconsistofnumericvalues.Therefore,socialsecuritynumberisanexampleofa.aquantitativevariable.b.eitheraquantitativeoracategoricalvariable.c.anexchangevariable.d.acategoricalvariable.ANSWER:dPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand26.Temperatureisanexampleofa.acategoricalvariable.b.aquantitativevariable.c.eitheraquantitativeorcategoricalvariable.d.neitheraquantitativenorcategoricalvariable.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand27.Foreaseofdataentryintoauniversitydatabase,1denotesthatthestudentisanundergraduateand2indicatesthatthestudentisagraduatestudent.Inthiscasedataarea.categorical.b.quantitative.c.eithercategoricalorquantitative.d.neithercategoricalnorquantitative.ANSWER:a
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Statistics for Business and Economics, 13th Edition Test Bank - Page 10 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page9POINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand28.Arithmeticoperationsareinappropriatefora.categoricaldata.b.quantitativedata.c.bothcategoricalandquantitativedata.d.largedatasets.ANSWER:aPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember29.Incomeisanexampleofa.categoricaldata.b.eithercategoricalorquantitativedata.c.nominaldata.d.quantitativedata.ANSWER:dPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand30.Datacollectedatthesame,orapproximatelythesamepointintimearea.timeseriesdata.b.approximatetimeseriesdata.c.cross-sectionaldata.d.approximatedata.ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:
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Statistics for Business and Economics, 13th Edition Test Bank - Page 11 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page10KEYWORDS:Bloom's:Remember31.Datacollectedoverseveraltimeperiodsarea.timeseriesdata.b.timecontrolleddata.c.cross-sectionaldata.d.categoricaldata.ANSWER:aPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Remember32.Statisticalstudiesinwhichresearchersdonotcontrolvariablesofinterestarea.experimentalstudies.b.uncontrolledexperimentalstudies.c.notofanyvalue.d.observationalstudies.ANSWER:dPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.03-DataSourcesNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand33.Statisticalstudiesinwhichresearcherscontrolvariablesofinterestarea.experimentalstudies.b.controlobservationalstudies.c.non-experimentalstudies.d.observationalstudies.ANSWER:aPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.03-DataSourcesNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand34.Thesummariesofdata,whichmaybetabular,graphical,ornumerical,arereferredtoasa.inferentialstatistics.b.descriptivestatistics.
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Statistics for Business and Economics, 13th Edition Test Bank - Page 12 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page11c.statisticalinference.d.dataanalytics.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.04-DescriptiveStatisticsNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:DescriptiveStatisticsKEYWORDS:Bloom's:Remember35.Statisticalinferencea.referstotheprocessofdrawinginferencesaboutthesamplebasedonthecharacteristicsofthepopulation.b.isthesameasdescriptivestatistics.c.istheprocessofdrawinginferencesaboutthepopulationbasedontheinformationtakenfromthesample.d.isthesameasacensus.ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.05-StatisticalInferenceNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:StatisticalInferenceKEYWORDS:Bloom's:Understand36.Thecollectionofallelementsofinterestinaparticularstudyisa.thepopulation.b.thesample.c.statisticalinference.d.descriptivestatistics.ANSWER:aPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.05-StatisticalInferenceNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:StatisticalInferenceKEYWORDS:Bloom's:Remember37.Aportionofthepopulationselectedtorepresentthepopulationiscalleda.statisticalinference.b.descriptivestatistics.c.acensus.d.asample.ANSWER:dPOINTS:1DIFFICULTY:Easy
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Statistics for Business and Economics, 13th Edition Test Bank - Page 13 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page12LEARNINGOBJECTIVES:BSST.ASWC.17.01.05-StatisticalInferenceNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:StatisticalInferenceKEYWORDS:Bloom's:Understand38.Inasampleof800studentsinauniversity,240or30%areBusinessmajors.The30%isanexampleofa.asample.b.apopulation.c.statisticalinference.d.descriptivestatistics.ANSWER:dPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.04-DescriptiveStatisticsNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:DescriptiveStatisticsKEYWORDS:Bloom's:Understand39.Inasampleof400studentsinauniversity,80or20%areBusinessmajors.Basedontheaboveinformation,theschool'spaperreportedthat"20%ofallthestudentsattheuniversityareBusinessmajors."Thisreportisanexampleofa.asample.b.apopulation.c.statisticalinference.d.descriptivestatistics.ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.05-StatisticalInferenceNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:StatisticalInferenceKEYWORDS:Bloom's:Understand40.Fivehundredresidentsofacityarepolledtoobtaininformationonvotingintentionsinanupcomingcityelection.Thefivehundredresidentsinthisstudyisanexampleofa(n)a.census.b.sample.c.observation.d.population.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.05-StatisticalInferenceNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:StatisticalInference
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Statistics for Business and Economics, 13th Edition Test Bank - Page 14 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page13KEYWORDS:Bloom's:Understand41.Astatisticsprofessoraskedstudentsinaclasstheirages.Onthebasisofthisinformation,theprofessorstatesthattheaverageageofallthestudentsintheuniversityis24years.Thisisanexampleofa.acensus.b.descriptivestatistics.c.anexperiment.d.statisticalinference.ANSWER:dPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.05-StatisticalInferenceNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:StatisticalInferenceKEYWORDS:Bloom's:Understand42.Theownerofafactoryregularlyrequestsagraphicalsummaryofallemployees'salaries.Thegraphicalsummaryofsalariesisanexampleofa.asample.b.descriptivestatistics.c.statisticalinference.d.anexperiment.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.04-DescriptiveStatisticsNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:DescriptiveStatisticsKEYWORDS:Bloom's:Understand43.TheDepartmentofTransportationofacityhasnotedthatontheaveragethereare17accidentsperday.Theaveragenumberofaccidentsisanexampleofa.descriptivestatistics.b.statisticalinference.c.asample.d.apopulation.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.04-DescriptiveStatisticsNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:DescriptiveStatisticsKEYWORDS:Bloom's:Understand44.Theprocessofanalyzingsampledatainordertodrawconclusionsaboutthecharacteristicsofapopulationiscalled
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Statistics for Business and Economics, 13th Edition Test Bank - Page 15 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page14a.descriptivestatistics.b.statisticalinference.c.dataanalysis.d.datasummarization.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.05-StatisticalInferenceNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:StatisticalInferenceKEYWORDS:Bloom's:Remember45.Inapostoffice,themailboxesarenumberedfrom1to4,500.Thesenumbersrepresenta.categoricaldata.b.quantitativedata.c.eithercategoricalorquantitativedata.d.sincethenumbersaresequential,thedataisquantitative.ANSWER:aPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand46.Theaverageageinasampleof190studentsatCityCollegeis22.Asaresultofthissample,itcanbeconcludedthattheaverageageofallthestudentsatCityCollegea.mustbemorethan22,sincethepopulationisalwayslargerthanthesample.b.mustbelessthan22,sincethesampleisonlyapartofthepopulation.c.couldnotbe22.d.isaround22.ANSWER:dPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.05-StatisticalInferenceNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:StatisticalInferenceKEYWORDS:Bloom's:Understand47.Sinceasampleisasubsetofthepopulation,thesamplemeana.isalwayssmallerthanthemeanofthepopulation.b.isalwayslargerthanthemeanofthepopulation.c.mustbeequaltothemeanofthepopulation.d.variesaroundthemeanofthepopulation.
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Statistics for Business and Economics, 13th Edition Test Bank - Page 16 preview imageCH01-DataandStatisticsCopyrightCengageLearning.PoweredbyCognero.Page15ANSWER:dPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.05-StatisticalInferenceNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:StatisticalInferenceKEYWORDS:Bloom's:Understand48.Thescaleofmeasurementusedforvariabledatathatissimplyalabelforthepurposeofidentifyingtheattributeofanelementisthea.ratioscale.b.nominalscale.c.ordinalscale.d.intervalscale.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand49.Inadataset,thenumberofelementswillalwaysbethesameasthenumberofa.independentvariables.b.observations.c.datapoints.d.dependentvariables.ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-DataNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-AK-DISC:KEYWORDS:Bloom's:Understand50.Whichofthefollowingisnotascaleofmeasurement?a.Nominalb.Ordinalc.Intervald.PrimalANSWER:dPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:BSST.ASWC.17.01.02-Data
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