Essential Statistics in Business and Economics 3rd Edition Doane Test Bank

DOWNLOAD THE Test Bank for Essential Statistics in Business and Econo
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mics 3rd Edition Doanef f f




EssentialfStatisticsfinfBusinessfandfEconomics,f3ef(Doane)fC
hapterf2 DatafCollection

1) Categoricalfdatafhavefvaluesfthatfarefdescribedfbyfwordsfratherfthanfnumbers.

Answer:f f TRUE
Explanation:f Categoriesfarefnominalfdatafbutfmayfsometimesfalsofbefrankedf(e.g.,fsophomore,fjuni
or,fsenior).
Difficulty:f1fEasy
Topic:f f 02.01fVariablesfandfData
LearningfObjective:f 02-
02fExplainfthefdifferencefbetweenfnumericalfandfcategoricalfdata.fBloom's:f Remember
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation

2) Numericalfdatafcanfbefeitherfdiscreteforfcontinuous.

Answer:f f TRUE
Explanation:f Numericalfdatafcanfbefcountsf(e.g.,fcarsfowned)forfcontinuousfmeasuresf(e.g.,fheight).
Difficulty:f1fEasy
Topic:f f 02.01fVariablesfandfData
LearningfObjective:f 02-
02fExplainfthefdifferencefbetweenfnumericalfandfcategoricalfdata.fBloom's:f Remember
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation

3) Categoricalfdatafarefalsofreferredftofasfnominalforfqualitativefdata.

Answer:f f TRUE
Explanation:f Categoriesfarefnominalfdataf(nonnumerical),fsometimesfcalledfqualitativefdata.fDiffic
ulty:f1fEasy
Topic:f f 02.01fVariablesfandfData
LearningfObjective:f 02-
02fExplainfthefdifferencefbetweenfnumericalfandfcategoricalfdata.fBloom's:f Remember
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation




1
Copyrightf2020f©fMcGraw-
HillfEducation.fAllfrightsfreserved.fNofreproductionforfdistributionfwithoutfthefpriorfwrittenfconsentfoffMcGraw-
HillfEducation.
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,DOWNLOAD THE Test Bank for Essential Statistics in Business and Econo
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4) Thefnumberfoffchecksfprocessedfatfafbankfinfafdayfisfanfexamplefoffcategoricalfdata.

Answer:f f FALSE
Explanation:f Integersfarefnumericalfdata.fDi
fficulty:f1fEasy
Topic:f f 02.01fVariablesfandfData
LearningfObjective:f 02-
02fExplainfthefdifferencefbetweenfnumericalfandfcategoricalfdata.fBloom's:f Apply
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation

5) Thefnumberfoffplanesfperfdayfthatflandfatfanfairportfisfanfexamplefoffdiscretefdata.

Answer:f f TRUE
Explanation:f Integersfarefdiscretefnumericalfdata.fDifficulty:f
1fEasy
Topic:f f 02.01fVariablesfandfData
LearningfObjective:f 02-
02fExplainfthefdifferencefbetweenfnumericalfandfcategoricalfdata.fBloom's:f Apply
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation

6) Thefweightfoffafbagfoffdogffoodfisfanfexamplefoffdiscretefdata.

Answer:f f FALSE
Explanation:f Weightfisfmeasuredfonfafcontinuousfscale.fDiffic
ulty:f1fEasy
Topic:f f 02.01fVariablesfandfData
LearningfObjective:f 02-
02fExplainfthefdifferencefbetweenfnumericalfandfcategoricalfdata.fBloom's:f Apply
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation

7) Inflastfyear'sfannualfreport,fThompsonfDistributorsfindicatedfthatfitfhadf12fregionalfwa
rehouses.fThisfisfanfexamplefoffordinalflevelfdata.

Answer:f f FALSE
Explanation:f "Numberfof"fisfratiofdatafbecausefafzerofexists.fDifficulty:f1f
Easy
Topic:f f 02.02fLevelfoffMeasurement
LearningfObjective:f 02-
04fRecognizeflevelsfoffmeasurementfinfdatafandfwaysfoffcodingfdata.fBloom's:f Apply
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation



2
Copyrightf2020f©fMcGraw-
HillfEducation.fAllfrightsfreserved.fNofreproductionforfdistributionfwithoutfthefpriorfwrittenfconsentfoffMcGraw-
HillfEducation.
mynursytest.store

,DOWNLOAD THE Test Bank for Essential Statistics in Business and Econo
f f f f f f f f f f

mics 3rd Edition Doanef f f




8) Nominalfdatafreferftofdatafthatfcanfbeforderedfinfafnaturalfway.

Answer:f f FALSE
Explanation:f Nominalf(categorical)fdatafwouldfbefcalledfordinalfonlyfiffcategoriesfcanfbefran
ked.
Difficulty:f1fEasy
Topic:f f 02.02fLevelfoffMeasurement
LearningfObjective:f 02-
04fRecognizeflevelsfoffmeasurementfinfdatafandfwaysfoffcodingfdata.fBloom's:f Remember
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation

9) Thisfyear,fOxnardfUniversityfproducedftwoffootballfAll-
Americans.fThisfisfanfexamplefoffcontinuousfdata.

Answer:f f FALSE
Explanation:f Thef"numberfof"fanythingfisfdiscrete.fDifficulty:
f1fEasy

Topic:f f 02.01fVariablesfandfData
LearningfObjective:f 02-
02fExplainfthefdifferencefbetweenfnumericalfandfcategoricalfdata.fBloom's:f Apply
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation

10) Theftypefoffstatisticalftestfthatfwefcanfperformfisfindependentfofftheflevelfoffmeasurementfoffthef
variablefoffinterest.

Answer:f f FALSE
Explanation:f Somefstatisticalfoperationsfarefrestrictedfunlessfyoufhavefratioforfintervalfdata.fDifficul
ty:f1fEasy
Topic:f f 02.02fLevelfoffMeasurement
LearningfObjective:f 02-
04fRecognizeflevelsfoffmeasurementfinfdatafandfwaysfoffcodingfdata.fBloom's:f Understand
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation




3
Copyrightf2020f©fMcGraw-
HillfEducation.fAllfrightsfreserved.fNofreproductionforfdistributionfwithoutfthefpriorfwrittenfconsentfoffMcGraw-
HillfEducation.
mynursytest.store

, DOWNLOAD THE Test Bank for Essential Statistics in Business and Econo
f f f f f f f f f f

mics 3rd Edition Doanef f f




11) Yourfweightfrecordedfatfyourfannualfphysicalfwouldfnotfbefratiofdata,fbecausefyoufcannotfhav
efzerofweight.

Answer:f f FALSE
Explanation:f Zerofisfonlyfafreferencefpoint,fnotfnecessarilyfanfobservablefdatafvalue.fDifficul
ty:f2fMedium
Topic:f f 02.02fLevelfoffMeasurement
LearningfObjective:f 02-
04fRecognizeflevelsfoffmeasurementfinfdatafandfwaysfoffcodingfdata.fBloom's:f Apply
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation

12) Theflevelfoffmeasurementfforfcategoricalfdatafisfnominal.

Answer:f f TRUE
Explanation:f Categoricalfandfnominalfarefequivalentfterms.fD
ifficulty:f1fEasy
Topic:f f 02.02fLevelfoffMeasurement
LearningfObjective:f 02-
04fRecognizeflevelsfoffmeasurementfinfdatafandfwaysfoffcodingfdata.fBloom's:f Remember
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation

13) TemperaturefmeasuredfinfdegreesfFahrenheitfisfanfexamplefoffintervalfdata.

Answer:f f TRUE
Explanation:f Forftemperature,fscalefdistancesfarefmeaningfulf(20ftof25fisfthefsamefasf50ftof55fdegree
s),fandf0fdegreesfFahrenheitfdoesfnotfmeanfthefabsencefoffheat,fsofitfisfnotfafratiofmeasurement.
Difficulty:f2fMedium
Topic:f f 02.02fLevelfoffMeasurement
LearningfObjective:f 02-
04fRecognizeflevelsfoffmeasurementfinfdatafandfwaysfoffcodingfdata.fBloom's:f Apply
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation

14) Thefclosingfpricefoffafstockfisfanfexamplefoffratiofdata.

Answer:f f TRUE
Explanation:f Truefzerofexistsfasfafreferencefpoint,fwhetherforfnotfitfisfobserved.fDifficulty:f2f
Medium
Topic:f f 02.02fLevelfoffMeasurement
LearningfObjective:f 02-
04fRecognizeflevelsfoffmeasurementfinfdatafandfwaysfoffcodingfdata.fBloom's:f Apply
AACSB:f AnalyticalfThinkingfAccessibility
:f KeyboardfNavigation


4
Copyrightf2020f©fMcGraw-
HillfEducation.fAllfrightsfreserved.fNofreproductionforfdistributionfwithoutfthefpriorfwrittenfconsentfoffMcGraw-
HillfEducation.
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