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BANA 2372 Business Analysis/Statistics Exam 2 Practice Questions and Answers, Exams of Business Systems

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BANA 2372 Business Analysis/Statistics Exam 2 Practice Questions and Answers, Exams of Business Systems

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BANA 2372 Business Analysis/Statistics
Exam 2 Practice Questions and Answers,
Exams of Business Systems

when the data are labels or names used to identify an attribute of the
elements, the variable has which scale of measurement? -
ANSWER>>nominal

the process of drawing inferences about the population based on the
information taken from the sample - ANSWER>>statistical inference

descriptive statistics - ANSWER>>The department of transportation of
a city has noted that on the average there are 14 accidents per day.
The average number of accidents is an example of

Predictive - ANSWER>>_________analytics consists of analytical
techniques that use models constructed from past data to predict the
future or to assess the impact of one variable on another

prescriptive - ANSWER>>_____analytics is the set of analytical
techniques that yield a course of action

descriptive - ANSWER>>_______ analytics describe what happened in
the past

social security number - ANSWER>>which of the following is an
example of categorical date?

descriptive statistic - ANSWER>>the summaries of data, which may
be tabular, graphical, numerical, are referred to as

, ordinal - ANSWER>>for ease of data entry into a universe database, 1
denotes the students is enrolled in an undergraduate degree program,
2 indicates the student is enrolled in a master's degree program, and
3 indicates the studetn is enrolled in a doctoral degree program. In
this case, the data are which scale of measurement?

descriptive statistics - ANSWER>>in a sample of 3,200 registered
voters, 1,440, or 45%, approve of the way the president is doing his
job.

The 45% approval is an example of _____.

statistical inference - ANSWER>>the process of analyzing sample
data to draw conclusions about the characteristics of a population is
called

statistical inference - ANSWER>>In a recent study based upon an
inspection of 200 homes in Daisy City, 120 were found to violate one
or more city codes.

Refer to Exhibit 1-1. The city manager released a statement that 60%
of Daisy City's 3,000 homes are in violation of city codes. The
manager's statement is an example of _____

data mining - ANSWER>>_____ is the process of using procedures
from statistics and computer science to extract useful information
from extremely large databases.

quantitative data - ANSWER>>the birth weight of newborns, measured
in grams, is an example of

an estimate of the number of Alaska residents who have visited
Canada - ANSWER>>which of the following is NOT an example of
descriptive statistics?
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