StraighterLine Business Statistics MAT150
exam with answers
A marketing class of 50 students evaluated the instructor using the
following scale: superior, good, average, poor, and inferior. The
descriptive summary showed the following survey results: 2%
superior, 8% good, 45% average, 45% poor, and 0% inferior. - 🔰
CORRECT ANSWERS ✔✔Most students rated the instructor as
poor or average.
Which word is NOT part of the definition of descriptive statistics? -
🔰CORRECT ANSWERS ✔✔Predicting
In a sample of 900 people in a city, 225 are smokers. Based on this
information, the magazine reported that "25% of all people in the
city are smokers." This report is an example of _______: - 🔰
CORRECT ANSWERS ✔✔Inferential Statistics
Respondents were asked, "Do you now earn more than or less than
you did five years ago?" What is this level of measurement? - 🔰
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, CORRECT ANSWERS ✔✔Ordinal
Which of the following is an example of a continuous variable? - 🔰
CORRECT ANSWERS ✔✔Tons of concrete to complete a parking
garage
If Gallup, Harris, and other pollsters asked people to indicate their
political party affiliation as Democrat, Republican, or Independent,
the data gathered would be an example of which scale of
measurement? - 🔰CORRECT ANSWERS ✔✔Nominal
The names of the positions in a corporation, such as chief operating
officer or controller, are examples of what type of variable? - 🔰
CORRECT ANSWERS ✔✔Qualitative
The incomes of 50 loan applicants are obtained. Which level of
measurement is income? - 🔰CORRECT ANSWERS ✔✔Ratio
Shoe style is an example of what level of measurement? - 🔰
CORRECT ANSWERS ✔✔Nominal
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exam with answers
A marketing class of 50 students evaluated the instructor using the
following scale: superior, good, average, poor, and inferior. The
descriptive summary showed the following survey results: 2%
superior, 8% good, 45% average, 45% poor, and 0% inferior. - 🔰
CORRECT ANSWERS ✔✔Most students rated the instructor as
poor or average.
Which word is NOT part of the definition of descriptive statistics? -
🔰CORRECT ANSWERS ✔✔Predicting
In a sample of 900 people in a city, 225 are smokers. Based on this
information, the magazine reported that "25% of all people in the
city are smokers." This report is an example of _______: - 🔰
CORRECT ANSWERS ✔✔Inferential Statistics
Respondents were asked, "Do you now earn more than or less than
you did five years ago?" What is this level of measurement? - 🔰
1 \\\\\\/ \\\\\\
6
, CORRECT ANSWERS ✔✔Ordinal
Which of the following is an example of a continuous variable? - 🔰
CORRECT ANSWERS ✔✔Tons of concrete to complete a parking
garage
If Gallup, Harris, and other pollsters asked people to indicate their
political party affiliation as Democrat, Republican, or Independent,
the data gathered would be an example of which scale of
measurement? - 🔰CORRECT ANSWERS ✔✔Nominal
The names of the positions in a corporation, such as chief operating
officer or controller, are examples of what type of variable? - 🔰
CORRECT ANSWERS ✔✔Qualitative
The incomes of 50 loan applicants are obtained. Which level of
measurement is income? - 🔰CORRECT ANSWERS ✔✔Ratio
Shoe style is an example of what level of measurement? - 🔰
CORRECT ANSWERS ✔✔Nominal
2 \\\\\\/ \\\\\\
6
