CISB 241 Midterm with 100% correct
answers 2025
Qualitative data refers to data such as numbers (dollars, pounds, inches, or
percentages). - Correct AnswerFalse
Fill in the blank with the best answer. The _______________ introduced in this text are
those that help transform data into information. - Correct AnswerStatistical procedures
Which of the following does not define estimation? - Correct AnswerCorrect:
Estimation is a technique that takes the entire population of data to examine the data.
Estimation is a technique that takes a smaller subset of a larger population of data to
get an idea of what the entire population looks like.
Estimation is used when we would like to know about all the data in a large dataset but
it is impractical to work with all the data.
Fill in the blank. According to the textbook, the amount of data available is growing at a
rate of ______ percent per year. - Correct Answer50
Business statistics can be split into two fields. The first category describes the data
(charts, graphs, numerical measures). The second category includes tools and
techniques that help decision makers draw inferences from a set of data. - Correct
AnswerTrue
Which of the following describes nominal data? - Correct AnswerCodes are assigned to
categories
What is the difference between a population and a sample? - Correct AnswerA
population includes all objects or individuals of interest; a sample is a subset of the
population.
Which of the following is the correct ranking of data from the lowest level of basic
analysis to the highest? - Correct AnswerNominal, ordinal, ratio/interval
What are the two primary categories of statistical inference procedures?
Inference means to draw some useful conclusions from the raw data that can help
improve business decisions. - Correct AnswerEstimation and hypothesis testing
Descriptive Statistics and Inferential Procedures are two categories of business
statistics. - Correct AnswerTrue
In this class, we will learn procedures of how to transform data into useful information. -
Correct AnswerTrue
, Which of the following is an example of a leading question? - Correct AnswerLike most
smart people, do you support tax breaks for those buying electric vehicles?
A histogram displays the shape and spread of the distribution of data. - Correct
AnswerTrue
Which of the following does not apply to an estimate?
The use of techniques to get an idea of what a larger data set looks like
The population of all of CMU students
The percent of CMU students that say they drink coffee daily from a survey of 10 in this
class
Looks at a subset of the larger data set - Correct AnswerThe population of all of CMU
students
A hypothesis test tests claims about products or services using information taken from
samples. - Correct AnswerTrue
Which of the following does not interject bias into a survey question? - Correct
AnswerThe professional dress of the guy/gal running the survey
Which of the following does not apply to business statistics/business intelligence?
computer science
is among the fastest-growing career areas
small business management
statistics - Correct Answersmall business management
Which of the following is not a statitical sampling technique?
Simple random sampling
Systematic random sampling
Cluster sampling
Not-so-simple random sampling - Correct AnswerNot-so-simple random sampling
Graphs and charts are excellent ways to "show" your data. Reading a table of numbers
is hard, you don't get a lot out of it, but put in into a chart/graph and whoa, you are now
telling a story about values, frequencies and trends. - Correct AnswerTrue
In the graph below, Time is the y-axis and the x-axis is Temperature. - Correct
AnswerFalse
In the scatter plot below, what is the relationship between the temperature outside and
sales of ice cream? - Correct AnswerBasically Linear
What does a scatter diagram, or a scatter plot, show? - Correct AnswerA graph that
show two variables simultaneously
answers 2025
Qualitative data refers to data such as numbers (dollars, pounds, inches, or
percentages). - Correct AnswerFalse
Fill in the blank with the best answer. The _______________ introduced in this text are
those that help transform data into information. - Correct AnswerStatistical procedures
Which of the following does not define estimation? - Correct AnswerCorrect:
Estimation is a technique that takes the entire population of data to examine the data.
Estimation is a technique that takes a smaller subset of a larger population of data to
get an idea of what the entire population looks like.
Estimation is used when we would like to know about all the data in a large dataset but
it is impractical to work with all the data.
Fill in the blank. According to the textbook, the amount of data available is growing at a
rate of ______ percent per year. - Correct Answer50
Business statistics can be split into two fields. The first category describes the data
(charts, graphs, numerical measures). The second category includes tools and
techniques that help decision makers draw inferences from a set of data. - Correct
AnswerTrue
Which of the following describes nominal data? - Correct AnswerCodes are assigned to
categories
What is the difference between a population and a sample? - Correct AnswerA
population includes all objects or individuals of interest; a sample is a subset of the
population.
Which of the following is the correct ranking of data from the lowest level of basic
analysis to the highest? - Correct AnswerNominal, ordinal, ratio/interval
What are the two primary categories of statistical inference procedures?
Inference means to draw some useful conclusions from the raw data that can help
improve business decisions. - Correct AnswerEstimation and hypothesis testing
Descriptive Statistics and Inferential Procedures are two categories of business
statistics. - Correct AnswerTrue
In this class, we will learn procedures of how to transform data into useful information. -
Correct AnswerTrue
, Which of the following is an example of a leading question? - Correct AnswerLike most
smart people, do you support tax breaks for those buying electric vehicles?
A histogram displays the shape and spread of the distribution of data. - Correct
AnswerTrue
Which of the following does not apply to an estimate?
The use of techniques to get an idea of what a larger data set looks like
The population of all of CMU students
The percent of CMU students that say they drink coffee daily from a survey of 10 in this
class
Looks at a subset of the larger data set - Correct AnswerThe population of all of CMU
students
A hypothesis test tests claims about products or services using information taken from
samples. - Correct AnswerTrue
Which of the following does not interject bias into a survey question? - Correct
AnswerThe professional dress of the guy/gal running the survey
Which of the following does not apply to business statistics/business intelligence?
computer science
is among the fastest-growing career areas
small business management
statistics - Correct Answersmall business management
Which of the following is not a statitical sampling technique?
Simple random sampling
Systematic random sampling
Cluster sampling
Not-so-simple random sampling - Correct AnswerNot-so-simple random sampling
Graphs and charts are excellent ways to "show" your data. Reading a table of numbers
is hard, you don't get a lot out of it, but put in into a chart/graph and whoa, you are now
telling a story about values, frequencies and trends. - Correct AnswerTrue
In the graph below, Time is the y-axis and the x-axis is Temperature. - Correct
AnswerFalse
In the scatter plot below, what is the relationship between the temperature outside and
sales of ice cream? - Correct AnswerBasically Linear
What does a scatter diagram, or a scatter plot, show? - Correct AnswerA graph that
show two variables simultaneously
