Straighterline Business Stats Exam Questions With Correct Answers

Straighterline /




Business
/ /




Stats Exam Questions With Correct Answers
/ // // // // //




A/
/marketing /


/class /


/of /


/50 /


/students /


/evaluated /


/the /


/instructor /


/using /


/the /


/following /


/scale: /


/superior, /


/good, /


/average, /


/poor, /


/and /


/inferior. /


/The /


/descriptive /


/summary /


/showed /


/the /


/following /


/survey /


/results: /


/2% /


/superior, /


/8% /

,/good, /
/45% /


/average, //45% //poor, //and //0% //inferior. //- //CORRECT //ANSWERS(S)✔✔Most //students //rated //the


//instructor //as //poor //or //average.




The /
/general /


/process /


/of /


/gathering, /


/organizing, /


/summarizing, /


/analyzing, /


/and //interpreting //data //is //called //____________. //- //CORRECT //ANSWERS(S)✔✔Statistics




The /
/main /


/purpose /


/of /


/descriptive /


/statistics /


/is //to: //- //CORRECT //ANSWERS(S)✔✔Summarize //data //in //a //useful //and //informative //manner.




An /
/example /


/of //


a/
/qualitative /


/variable //is //_________________. //- //CORRECT //ANSWERS(S)✔✔Color //of //ink //in //a //pen




The /
/reported //unemployment //is //5.5% //of //the //population. //What //measurement //scale //is //used //to


//measure //unemployment? //- //CORRECT //ANSWERS(S)✔✔interval //or //ratio

,What /
/level /


/of /


/measurement //is //the //Centigrade //temperature //scale? //- //CORRECT //ANSWERS(S)✔✔interval




A/
/group /


/of /


/women /


/tried /


/five /


/brands /


/of /


/fingernail /


/polish /


/and /


/ranked /


/them /


/according /


/to //preference. //What //level //of //measurement //is //this? //- //CORRECT //ANSWERS(S)✔✔ordinal




The /
/incomes /


/of /


/50 /


/loan /


/applicants /


/are //obtained. //Which //level //of //measurement //is //income? //- //CORRECT //ANSWERS(S)✔✔ratio




The /
/members /


/of /


/each /


/basketball /


/team /

, /wear /
/numbers /


/on /


/their /


/jerseys. /


/What /


/scale /


/of //measurement //are //these //numbers //considered? //- //CORRECT //ANSWERS(S)✔✔nominal




Respondents /
/were /


/asked, //"Do /


/you /


/now /


/earn /


/more /


/than /


/or /


/less /


/than /


/you /


/did /


/five //years //ago?" //What //is //this //level //of //measurement? //- //CORRECT //ANSWERS(S)✔✔ordinal




What /
/type /


/of /


/variable //is //the //number //of //gallons //of //gasoline //pumped //by //a //filling //station //during //a //day?


//- //CORRECT //ANSWERS(S)✔✔Continuous




A //portion //or //part //of //a //population //is //called //a //- //CORRECT //ANSWERS(S)✔✔sample



The /
/mean, /