BAN 280: Comprehensive Midterm Review
statistic - correct answer ✔✔A ___________ is computed from a sample and is used to estimate a
population parameter.
a. whether a person is male or female - correct answer ✔✔From the following, identify the example of a
discrete variable.
a. whether a person is male or female
b. the number of bushels of tobacco harvested on a farm
c. the maximum daily temperature in Wilmington
d. the weight of lobsters sold in a restaurant
e. blood pressure of a heart patient
d. both a and b are parameters - correct answer ✔✔An example of a population parameter is
a. The population mean, μ
b. The population standard deviation, σ
c. Both the sample mean, X bar , and the sample standard deviation, sx
d. a and b are both parameters
e. none of these are parameters
d. only 1 and 2 are correct - correct answer ✔✔In statistical analysis, inferential statistics is used to
a. analyze and infer from data obtained from a sample
b. make conclusions about a large set of data (population) from a smaller portion (sample) collected
from it.
c. summarize and describe data
d. only 1 and 2 are correct
e. answers 1, 2, and 3 are all correct
f. none are correct
statistic - correct answer ✔✔A ___________ is computed from a sample and is used to estimate a
population parameter.
a. whether a person is male or female - correct answer ✔✔From the following, identify the example of a
discrete variable.
a. whether a person is male or female
b. the number of bushels of tobacco harvested on a farm
c. the maximum daily temperature in Wilmington
d. the weight of lobsters sold in a restaurant
e. blood pressure of a heart patient
d. both a and b are parameters - correct answer ✔✔An example of a population parameter is
a. The population mean, μ
b. The population standard deviation, σ
c. Both the sample mean, X bar , and the sample standard deviation, sx
d. a and b are both parameters
e. none of these are parameters
d. only 1 and 2 are correct - correct answer ✔✔In statistical analysis, inferential statistics is used to
a. analyze and infer from data obtained from a sample
b. make conclusions about a large set of data (population) from a smaller portion (sample) collected
from it.
c. summarize and describe data
d. only 1 and 2 are correct
e. answers 1, 2, and 3 are all correct
f. none are correct
