BUSINESS STATS FINAL NEWEST ACTUAL EXAM
/ QUESTIONS BANK / COMPLETE ACCURATE
QUIZZES WITH DETAILED, VERIFIED ANSWERS
/ 2025
Your cell phone number is an example of quantitative data. - ANS-False
Nominal data has all the features of interval data with the added benefit of having a true zero point. -
ANS-False
General Mills is considering offering a new type of yogurt. To gauge interest, they are performing taste
tests at different locations around the country. Based on the results of these samples, they will decide
whether or not to market the new yogurt. This is an example of using ________. - ANS-Inferential
Statistics
The two main branches of statistics are [a] and [b] where the former can be used with both samples and
populations separately while later can be used to make predictions or decisions about populations
based on sample information. - ANS-a) descriptive
b) inferential
The interval level measurement is considered quantitative data. - ANS-True
Your business statistics class had an exam last week. The average exam score for the class is an example
of ________ . - ANS-Descriptive Statistics
Clustered bar charts are preferred over staked bar charts when you are comparing data within
categories. - ANS-True
Clustered bar charts are preferred over stacked bar charts when you are comparing totals between
categories. - ANS-False
Use a __________________ chart if you want to compare the relative sizes of the classes in a frequency
distribution compared to the whole. - ANS-Pie chart
Consider the following stem and leaf display.
/ QUESTIONS BANK / COMPLETE ACCURATE
QUIZZES WITH DETAILED, VERIFIED ANSWERS
/ 2025
Your cell phone number is an example of quantitative data. - ANS-False
Nominal data has all the features of interval data with the added benefit of having a true zero point. -
ANS-False
General Mills is considering offering a new type of yogurt. To gauge interest, they are performing taste
tests at different locations around the country. Based on the results of these samples, they will decide
whether or not to market the new yogurt. This is an example of using ________. - ANS-Inferential
Statistics
The two main branches of statistics are [a] and [b] where the former can be used with both samples and
populations separately while later can be used to make predictions or decisions about populations
based on sample information. - ANS-a) descriptive
b) inferential
The interval level measurement is considered quantitative data. - ANS-True
Your business statistics class had an exam last week. The average exam score for the class is an example
of ________ . - ANS-Descriptive Statistics
Clustered bar charts are preferred over staked bar charts when you are comparing data within
categories. - ANS-True
Clustered bar charts are preferred over stacked bar charts when you are comparing totals between
categories. - ANS-False
Use a __________________ chart if you want to compare the relative sizes of the classes in a frequency
distribution compared to the whole. - ANS-Pie chart
Consider the following stem and leaf display.
