1 | P a g e | © copyright 2024/2025 | Grade A+
Dr. Gramling BUAL 2600 Final Exam
Questions and Answers 2024/2025
A commercial shipping company operates a large fleet of trucks. The
company needs to collect data on vehicle usage including acceleration,
braking, and vehicle maintenance such as fluid levels. The datasourcing
method needed to collect the data for this scenerio is
✓ sensor
The dollar amount on an accounts receivable invoice.
✓ quantitative
The net profit for a company in 2017.
✓ quantitative
The stock exchange on which a company's stock is traded.
✓ qualitative
The national debt of the United States in 2017.
✓ quantitative
Master01 | September, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
The advertising medium (radio, television, or print) used to promote a
product.
✓ qualitative
T/F. A quantitative variable can also be referred to as a categorical variable.
✓ false
A(n) ________ variable is a qualitative variable such that there is no
meaningful ordering or ranking of the categories.
✓ nominal
An identification of police officers by rank would represent a(n) ________ level
of measurement.
✓ ordinal
A doctor's office needs to know how many of their services are used by their
patients during a one year time period. Before a patient leaves their office, a
summary report includes the date, the doctor they saw, the services
provided, and the total charge for each service. Which of the following
dataourcing methods best describes this data collection scenario?
Master01 | September, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
✓ Point of Sale
A person's telephone area code is an example of a(n) ________ variable.
✓ nominal
A(n) ________ variable can have values that indicate into which of several
categories of a population it belongs.
✓ qualitative
T/F. Business analytics is a new field that does not use traditional statistics to
analyze big data.
✓ false, it does use traditional statistics
T/F. An example of a qualitative variable is the mileage of a car.
✓ False, quantitative
Ordinal/Nominal. Statistics course letter grade
✓ ordinal
ordinal/nominal. Door choice on Let's Make A Deal
Master01 | September, 2024/2025 | Latest update
Dr. Gramling BUAL 2600 Final Exam
Questions and Answers 2024/2025
A commercial shipping company operates a large fleet of trucks. The
company needs to collect data on vehicle usage including acceleration,
braking, and vehicle maintenance such as fluid levels. The datasourcing
method needed to collect the data for this scenerio is
✓ sensor
The dollar amount on an accounts receivable invoice.
✓ quantitative
The net profit for a company in 2017.
✓ quantitative
The stock exchange on which a company's stock is traded.
✓ qualitative
The national debt of the United States in 2017.
✓ quantitative
Master01 | September, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
The advertising medium (radio, television, or print) used to promote a
product.
✓ qualitative
T/F. A quantitative variable can also be referred to as a categorical variable.
✓ false
A(n) ________ variable is a qualitative variable such that there is no
meaningful ordering or ranking of the categories.
✓ nominal
An identification of police officers by rank would represent a(n) ________ level
of measurement.
✓ ordinal
A doctor's office needs to know how many of their services are used by their
patients during a one year time period. Before a patient leaves their office, a
summary report includes the date, the doctor they saw, the services
provided, and the total charge for each service. Which of the following
dataourcing methods best describes this data collection scenario?
Master01 | September, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
✓ Point of Sale
A person's telephone area code is an example of a(n) ________ variable.
✓ nominal
A(n) ________ variable can have values that indicate into which of several
categories of a population it belongs.
✓ qualitative
T/F. Business analytics is a new field that does not use traditional statistics to
analyze big data.
✓ false, it does use traditional statistics
T/F. An example of a qualitative variable is the mileage of a car.
✓ False, quantitative
Ordinal/Nominal. Statistics course letter grade
✓ ordinal
ordinal/nominal. Door choice on Let's Make A Deal
Master01 | September, 2024/2025 | Latest update
