Test Bank Business Analytics Data Analysis and Decision Making 6th Edition by S. Christian Albright, Wayne L. Winston. ISBN 978-1305947542 All Chapter 1-20 Complete Guide A+

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1. Agsamplegofgagpopulationgtakengatgonegparticulargpointgingtimegisgcategorizedgas:
a. categorical b.gdiscrete
c.g cross-sectional d.gtime-series
ANSWER: c
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gKnowledge
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gStatisticalgInference

2. Excel®gstoresgdatesgas:
a. numbers b.gvariables
c.g records d.gtext
ANSWER: a
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gKnowledge
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gStatisticalgInference

3. Researchersgmaygtrygtoggainginsightgintogthegcharacteristicsgofgagpopulationgbygexaminingga(n)g ofgthegpopulation.
a. model
b. sample
c. exemplar
d. replica
ANSWER: b
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gComprehension
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gStatisticalgInference

4. Ingordergforgthegcharacteristicsgofgagsamplegtogbeggeneralizedgtogthegentiregpopulation,gthegsamplegshouldgbe:
a. symbolicgofgthegpopulation b.gatypicalgofgthegpopulation
c.grepresentativegofgthegpopulation d.gillustrativegofgthegpopulation
ANSWER: c
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gKnowledge
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gStatisticalgInference

5. Codinggmalesgasg1gandgfemalesgasg0gingagdatagsetgillustratesgthegusegof:
a. nominalgvariables b.gdummygvariables
c.g numericalgvariables d.gordinalgvariables
ANSWER: b
POINTS: 1
DIFFICULTY:g Easyg|gBloom'sgKnowledge

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Ch2
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gDescriptivegStatistics

6. Gendergandgstatesgofgresidencegaregexamplesgofg data.
a. discrete b.g continuous
c.g categorical d.gordinal
ANSWER: c
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gComprehension
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gDescriptivegStatistics

7. ThegdailygclosinggvaluesgofgthegDowgJonesgIndustrialgAveragegovergagperiodgofg30gdaysgaregbestgdescribedgasg
gdata.

a. cross-sectional b.gdiscrete
c.g time-series d.gnominal
ANSWER: c
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gComprehension
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gDescriptivegStatistics

8. Datagthatgarisegfromgcountsgaregbestgdescribedgasg data.
a. continuous b.gnominal
c.g counted d.gdiscrete
ANSWER: d
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gKnowledge
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gDescriptivegStatistics

9. Agvariablegisgclassifiedgasgordinalgif:
a. theregisgagnaturalgorderinggofgcategories
b. theregisgnognaturalgorderinggofgcategories
c. thegdatagarisegfromgcontinuousgmeasurements
d. wegtrackgthegvariablegthroughgagperiodgofgtime
ANSWER: a
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gComprehension
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gDescriptivegStatistics

10. Categorizinggagegvariablesgasg"young,"g"middle-aged,"gandg"elderly"gisgangexamplegof:
a. counting
b. ordering

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c. valuegadding
d. binning
e. categorizing
ANSWER: d
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gComprehension
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gDescriptivegStatistics

11. Age,gheight,gandgweightgaregexamplesgofgnumericalgdata.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gKnowledge
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gDescriptivegStatistics

12. Datagcangbegcategorizedgasgcross-sectionalgorgtimegseries.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gKnowledge
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gDescriptivegStatistics

13. Allgnominalgdatagmaygbegtreatedgasgordinalgdata.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gKnowledge
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gDescriptivegStatistics

14. Categoricalgvariablesgcangbegclassifiedgasgeithergdiscretegorgcontinuous.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY:g Easyg|gBloom's:gKnowledge
TOPICS: A-Head:g2-2gBasicgConcepts
OTHER: BUSPROG:gAnalyticg|gDISC:gDescriptivegStatistics

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