COMPLETE SOLUTIONS | 2025/2026 |
GRADED A+ | SURE TO PASS!!
1. Which of the following is an example of ratio data -
ANSWER ✔ A person's body weight
This indeed is an example of ratio data as the value of zero is
meaningful.
2. Which data type uses numbers as identifiers with no real
meaning? - ANSWER ✔ Nominal
Remember the example of a number on player's jersey.
3. Which of the following measure is not used in describing a
continuous data variable? - ANSWER ✔ Frequency
4. Which of the following is an example of a discrete random
variable? - ANSWER ✔ Number of children in a family
, 5. A continuous random variable x is normally distributed with a
mean of 0 and a standard deviation of 1. The probability of an
observation that lies within the range of -1.0 < x <1.0 is:
0.5
1
0.68
0.62 - ANSWER ✔ .68
6. Company A wants to return to profitability, and in pursuit of
profitability, they defined the problem statement as
“Reduce our operating costs.†Which of the options
below is the best choice to improve this problem statement?
Researching the market and competitors
By making it time-bound only
By making it more specific and measurable and making it
time-bound
7. By adding the statement “and increase revenue.†-
ANSWER ✔ By making it more specific and measurable and
making it time-bound