BUS 2026 – MIDTERM EXAM | EXAM NEWEST ACTUAL QUESTIONS AND ANSWERS (A+ GUIDE SOLUTION) BUS 2026 –

BUS 2026 – MIDTERM EXAM
| EXAM NEWEST ACTUAL
QUESTIONS AND ANSWERS
(A+ GUIDE SOLUTION)
Study Ace Smart




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, BUS 2026 – Midterm Exam (82 points)



BUS 2026 – Midterm Exam (82 points)

Please answer each question – there is no penalty for guessing. Point values are noted for each question.




True/False

1. (2 points). (True / False) Estimating parameters and testing hypotheses are two important
aspects of descriptive statistics.

2. (2 points). (True / False) A statistic is calculated from a sample and a parameter is calculated
from a population.

3. (2 points). (True / False) Descriptive statistics include visual display of data, measures of
central tendency, and measures of dispersion.

(8 points) What type of data (attribute, discrete numerical, continuous numerical) is each of the
following variables:

4. ____Attribute______ Your college major

5. ____Continuous______ Your GPA

6. _____Discrete_____ The number of peanuts in a jar

7. __Continuous________ The distance between Denver and Los Angeles

(8 points) Which type of data (nominal, ordinal, interval, ratio) is each of the following
variables?

8. ____Nominal______ Your zip code

9. ____Interval______ Temperature in degrees Fahrenheit

10. ___Ordinal_______ The following rating scale: (1 = Bad, 2 = Better, 3 = Good)

11. ___Ratio_______ Miles per hour




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