Straighterline Business Stats (Latest
2026/2027 Update) Questions with Verified
Answers | Graded A| 100% Correct.
Question:
A group of women tried five brands of fingernail polish and ranked them
according to preference. What level of measurement is this??
Answer:
ordinal
Question:
The incomes of 50 loan applicants are obtained. Which level of
measurement is income??
Answer:
ratio
Question:
The members of each basketball team wear numbers on their jerseys. What
scale of measurement are these numbers considered??
Answer:
,nominal
Question:
Respondents were asked, "Do you now earn more than or less than you did
five years ago?" What is this level of measurement??
Answer:
ordinal
Question:
What type of variable is the number of gallons of gasoline pumped by a
filling station during a day??
Answer:
Continuous
Question:
A portion or part of a population is called a?
Answer:
sample
,Question:
The mean, as a measure of central location, would be inappropriate for
which one of the following??
Answer:
Marital status of college students at a particular university
Question:
A bottling company offers three kinds of delivery service: instant, same day,
and within five days. The profit per delivery varies according to the kind of
delivery. The profit for an instant delivery is less than the other kinds
because the driver has to go directly to a grocery store with a small load
and return to the bottling plant. To find out what effect each type of
delivery has on the profit picture, the company summarized the data in the
following table based on deliveries for the previous quarter.
What is the weighted mean profit per delivery??
Answer:
$97
Question:
, The times (in minutes) that several underwriters took to review applications
for similar insurance coverage are 50, 230, 52, and 57. What is the median
length of time required to review an application??
Answer:
54.4
Question:
A survey item asked students to indicate their class in college: freshman,
sophomore, junior, or senior. Which measure(s) of central location would be
appropriate for the data generated by that questionnaire item??
Answer:
mode and median
Question:
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.?
Answer:
Most students rated the instructor as poor or average.
Question:
2026/2027 Update) Questions with Verified
Answers | Graded A| 100% Correct.
Question:
A group of women tried five brands of fingernail polish and ranked them
according to preference. What level of measurement is this??
Answer:
ordinal
Question:
The incomes of 50 loan applicants are obtained. Which level of
measurement is income??
Answer:
ratio
Question:
The members of each basketball team wear numbers on their jerseys. What
scale of measurement are these numbers considered??
Answer:
,nominal
Question:
Respondents were asked, "Do you now earn more than or less than you did
five years ago?" What is this level of measurement??
Answer:
ordinal
Question:
What type of variable is the number of gallons of gasoline pumped by a
filling station during a day??
Answer:
Continuous
Question:
A portion or part of a population is called a?
Answer:
sample
,Question:
The mean, as a measure of central location, would be inappropriate for
which one of the following??
Answer:
Marital status of college students at a particular university
Question:
A bottling company offers three kinds of delivery service: instant, same day,
and within five days. The profit per delivery varies according to the kind of
delivery. The profit for an instant delivery is less than the other kinds
because the driver has to go directly to a grocery store with a small load
and return to the bottling plant. To find out what effect each type of
delivery has on the profit picture, the company summarized the data in the
following table based on deliveries for the previous quarter.
What is the weighted mean profit per delivery??
Answer:
$97
Question:
, The times (in minutes) that several underwriters took to review applications
for similar insurance coverage are 50, 230, 52, and 57. What is the median
length of time required to review an application??
Answer:
54.4
Question:
A survey item asked students to indicate their class in college: freshman,
sophomore, junior, or senior. Which measure(s) of central location would be
appropriate for the data generated by that questionnaire item??
Answer:
mode and median
Question:
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.?
Answer:
Most students rated the instructor as poor or average.
Question:
