EXAM 1 QMB 3200 - GARY BLISS/ ANSEL DIAMA 1

EXAM 1 QMB 3200 - GARY
BLISS/ ANSEL DIAMA


1. What is considered to be the language of data? -

CORRECT REPLY>>>-statistics

2. What are the two main branches of statistics? - CORRECT
REPLY>>>-descriptive statistics and inferential statistics

3. What is descriptive statistics? - CORRECT REPLY>>>-
the summary of a data set in the form of tables, graphs, or the
calculation of numerical values



4. What is inferential statistics? - CORRECT REPLY>>>-
extracting useful information from a sample to draw
conclusions about a population



5. What is data? - CORRECT REPLY>>>-the numbers,
facts, and figures that are collected, analyzed, and summarized

, for presentation and interpretation; not all data start as
numbers, but they can be converted to numbers



6. What are elements? - CORRECT REPLY>>>-the
entities on which data are collected



7. What are variables? - CORRECT REPLY>>>-
characteristics of interest



8. What are observations? - CORRECT REPLY>>>-
measurements collected on each variable of the element


9. How do you find the total number of data values in a complete

data set? - CORRECT REPLY>>>-(# of elements)(# of
variables)



10. What are the two types of data? - CORRECT
REPLY>>>-categorical and quantitative

11. What type of data can be either numeric or non-numeric?

- CORRECT REPLY>>>-Categorical

, 12. What type of data can only be numerical? -

CORRECT REPLY>>>-Quantitative

13. What are the two scales of measurement for numeric

categorical data? - CORRECT REPLY>>>-nominal and
ordinal


14. What are the two scales of measurement for non-numeric

categorical data? - CORRECT REPLY>>>-nominal and
ordinal


15. What are the two scales of measurement for numeric

quantitative data? - CORRECT REPLY>>>-interval
and ratio



16. What is categorical data? - CORRECT
REPLY>>>-data that are grouped by categories; can be
either numeric or non-numeric


17. What is another term for categorical data? -

CORRECT REPLY>>>-qualitative data