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Exam (elaborations)

Bana Final Exam Questions With Correct Answers..

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BANA FINAL EXAM QUESTIONS WITH CORRECT ANSWERS

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Fifteen percent of the students in a school of Business Administration are majoring in
Economics, 20% in Finance, 35% in Management, and 30% in Accounting. The
graphical device(s) which can be used to present these data is (are)


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both a bar chart and a pie chart




Yearly Salary is an example of ________ data.


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ratio

,The union of events A and B


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The event containing all the sample points belonging to event A, event B,
or both




As the sample size increases, the margin of error


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decreases




A sampling method in which the population is first divided into groups and a simple
random sample is taken from each group


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Stratified sampling




A political pollster states: "Fifty-seven percent of all voters approve of the President."
This statement is an example of


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, statistical inference




An action or process that results in one of several well-defined outcomes


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Experiment




Arithmetic operations are inappropriate for


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the nominal scale




Bayes' theorem is used to compute


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the posterior probabilities




One specific outcome of an experiment


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