BSTAT 2305: Introduction to Statistics for Business
Analytics correctly answered already passed
1. Which of the following is NOT an The sales prices of single-family
example of cross-sectional data? homes in Arizona collected since
2008.
2. A professor's rank (assistant, associate,
and full), as well as salary, represent False
ordinal data.
3. The study of statistics is NOT about the study of mind and consciousness
4. Big data is a catchphrase that implies a False
com- plete set of population data.
5. You have a point-of-sale data set that provides Subset the data by method
of payment
information on time of sale, products
bought, and payment methods
customers used to complete their
purchases. You want to com- pare
purchases made by cash versus those
made by credit card. How should the
data be best prepared to make
comparisons between the two types of
purchases?
6. Which scales of data measurement are associ- Interval and ratio
ated with quantitative data?
7. Which of the following variables is categorical? Gender
8. Which of the following is an example of 9. When a
quan- titative data? characteristic of
interest differs
1/
19
,BSTAT 2305: Introduction to Statistics for Business
Analytics correctly answered already passed
among various observations, then it Google's closing stock price today
can be termed a
10. When reading published statistics variable
(numerical facts), you should
only believe those statistics that are
ad- equately supported.
2/
19
,BSTAT 2305: Introduction to Statistics for Business
Analytics correctly answered already passed
11. Which of the following represents a Residents of Albany, New York,
popula- tion and a sample from that and registered voters in Albany,
population? New York
12. A represents all possible population
subjects of interest.
13. The Fahrenheit scale for measuring interval scale.
tempera- ture would be classified as
a(n)
ordinal
14. Differences between categories are
meaning- less with data.
Quarterly housing stats collected
15. Which of the following is an example of over the last 60 years
time series data?
Ratio scale; discrete
16. San Francisco 49ers' linebacker Patrick
Willis won the Defensive Rookie of the
Year Award in 2007 with a total of 174
tackles. Tackles are measured on what
kind of a scale? Is a variable measuring
the number of tackles considered
continuous or discrete? both cost prohibitions on data
collec- tion and the infeasibility of
17. Population parameters are difficult to collecting data on the entire
calcu- late due to population.
18. A sample statistic is an estimate of population parameter
19. A recent survey of 200 small firms (annual rev- nominal scale.
enue less than $10 million) asked
3/
19
Analytics correctly answered already passed
1. Which of the following is NOT an The sales prices of single-family
example of cross-sectional data? homes in Arizona collected since
2008.
2. A professor's rank (assistant, associate,
and full), as well as salary, represent False
ordinal data.
3. The study of statistics is NOT about the study of mind and consciousness
4. Big data is a catchphrase that implies a False
com- plete set of population data.
5. You have a point-of-sale data set that provides Subset the data by method
of payment
information on time of sale, products
bought, and payment methods
customers used to complete their
purchases. You want to com- pare
purchases made by cash versus those
made by credit card. How should the
data be best prepared to make
comparisons between the two types of
purchases?
6. Which scales of data measurement are associ- Interval and ratio
ated with quantitative data?
7. Which of the following variables is categorical? Gender
8. Which of the following is an example of 9. When a
quan- titative data? characteristic of
interest differs
1/
19
,BSTAT 2305: Introduction to Statistics for Business
Analytics correctly answered already passed
among various observations, then it Google's closing stock price today
can be termed a
10. When reading published statistics variable
(numerical facts), you should
only believe those statistics that are
ad- equately supported.
2/
19
,BSTAT 2305: Introduction to Statistics for Business
Analytics correctly answered already passed
11. Which of the following represents a Residents of Albany, New York,
popula- tion and a sample from that and registered voters in Albany,
population? New York
12. A represents all possible population
subjects of interest.
13. The Fahrenheit scale for measuring interval scale.
tempera- ture would be classified as
a(n)
ordinal
14. Differences between categories are
meaning- less with data.
Quarterly housing stats collected
15. Which of the following is an example of over the last 60 years
time series data?
Ratio scale; discrete
16. San Francisco 49ers' linebacker Patrick
Willis won the Defensive Rookie of the
Year Award in 2007 with a total of 174
tackles. Tackles are measured on what
kind of a scale? Is a variable measuring
the number of tackles considered
continuous or discrete? both cost prohibitions on data
collec- tion and the infeasibility of
17. Population parameters are difficult to collecting data on the entire
calcu- late due to population.
18. A sample statistic is an estimate of population parameter
19. A recent survey of 200 small firms (annual rev- nominal scale.
enue less than $10 million) asked
3/
19
