TEST BANK
SERINA AL HADDAD
Rollins College
BUSINESS STATISTICS
T HIRD EDITION
Robert A. Donnelly
,The author and publisher of this book have used their best efforts in preparing this book. These efforts include the
development, research, and testing of the theories and programs to determine their effectiveness. The author and
publisher make no warranty of any kind, expressed or implied, with regard to these programs or the documentation
contained in this book. The author and publisher shall not be liable in any event for incidental or consequential damages
in connection with, or arising out of, the furnishing, performance, or use of these programs.
Reproduced by Pearson from electronic files supplied by the author.
Copyright © 2020, 2015, 2013 Pearson Education, Inc.
Publishing as Pearson, 21 River Street, Hoboken, NJ 07030. All rights reserved
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any
form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written
permission of the publisher.
ISBN-13: 978-0-13-468616-5
ISBN-10: 0-13-468616-0
, Table of Contents
Chapter 1: An Introduction to Business Statistics ........................................................................ 1-1
Chapter 2: Displaying Descriptive Statistics ................................................................................ 2-1
Chapter 3: Calculating Descriptive Statistics ............................................................................... 3-1
Chapter 4: Introduction to Probabilities ....................................................................................... 4-1
Chapter 5: Discrete Probability Distributions ..............................................................................5-1
Chapter 6: Continuous Probability Distributions ......................................................................... 6-1
Chapter 7: Sampling and Sampling Distributions ........................................................................ 7-1
Chapter 8: Confidence Intervals ................................................................................................... 8-1
Chapter 9: Hypothesis Testing for a Single Population............................................................... 9-1
Chapter 10: Hypothesis Tests Comparing Two Populations ...................................................... 10-1
Chapter 11: Analysis of Variance (ANOVA) Procedures .......................................................... 11-1
Chapter 12: Chi-Square Tests..................................................................................................... 12-1
Chapter 13: Hypothesis Tests for the Population Variance ........................................................ 13-1
Chapter 14: Correlation and Simple Linear Regression ............................................................. 14-1
Chapter 15: Multiple Regression and Model Building…........................................................... 15-1
Chapter 16: Forecasting… .......................................................................................................... 16-1
Chapter 17: Decision Analysis ................................................................................................... 17-1
Chapter 18: Nonparametric Statistics ......................................................................................... 18-1
, Business Statistics (Donnelly)
Chapter 1 An Introduction to Business Statistics
1) Statistics is the mathematical science that deals with the collection, analysis, and presentation
of data–data that can then be used as a basis for inference and induction.
Answer: TRUE
Diff: 1
Keywords: introduction to statistics
Objective: 1.1.1
2) Business statistics are statistics applied to the business world in an effort to improve people's
decision making in fields such as marketing research, operations, finance, and advertising.
Answer: TRUE
Diff: 1
Keywords: introduction to statistics
Objective: 1.1.1
3) Information is the basic foundation for the field of statistics and can be defined as the value
assigned to a specific observation or measurement.
Answer: FALSE
Diff: 1
Keywords: data
Objective: 1.2.1
4) One of the major reasons to use statistics is to transform data into information.
Answer: TRUE
Diff: 1
Keywords: introduction to statistics
Objective: 1.2.1
5) An employee records the number of customers that arrive at a retail store today. This is an
example of collecting information.
Answer: FALSE
Diff: 2
Keywords: data
Objective: 1.2.1
6) Primary data is data collected by the person or organization that eventually uses the data.
Answer: TRUE
Diff: 1
Keywords: primary data
Objective: 1.2.1
1-1
Copyright © 2020 Pearson Education, Inc.
SERINA AL HADDAD
Rollins College
BUSINESS STATISTICS
T HIRD EDITION
Robert A. Donnelly
,The author and publisher of this book have used their best efforts in preparing this book. These efforts include the
development, research, and testing of the theories and programs to determine their effectiveness. The author and
publisher make no warranty of any kind, expressed or implied, with regard to these programs or the documentation
contained in this book. The author and publisher shall not be liable in any event for incidental or consequential damages
in connection with, or arising out of, the furnishing, performance, or use of these programs.
Reproduced by Pearson from electronic files supplied by the author.
Copyright © 2020, 2015, 2013 Pearson Education, Inc.
Publishing as Pearson, 21 River Street, Hoboken, NJ 07030. All rights reserved
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any
form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written
permission of the publisher.
ISBN-13: 978-0-13-468616-5
ISBN-10: 0-13-468616-0
, Table of Contents
Chapter 1: An Introduction to Business Statistics ........................................................................ 1-1
Chapter 2: Displaying Descriptive Statistics ................................................................................ 2-1
Chapter 3: Calculating Descriptive Statistics ............................................................................... 3-1
Chapter 4: Introduction to Probabilities ....................................................................................... 4-1
Chapter 5: Discrete Probability Distributions ..............................................................................5-1
Chapter 6: Continuous Probability Distributions ......................................................................... 6-1
Chapter 7: Sampling and Sampling Distributions ........................................................................ 7-1
Chapter 8: Confidence Intervals ................................................................................................... 8-1
Chapter 9: Hypothesis Testing for a Single Population............................................................... 9-1
Chapter 10: Hypothesis Tests Comparing Two Populations ...................................................... 10-1
Chapter 11: Analysis of Variance (ANOVA) Procedures .......................................................... 11-1
Chapter 12: Chi-Square Tests..................................................................................................... 12-1
Chapter 13: Hypothesis Tests for the Population Variance ........................................................ 13-1
Chapter 14: Correlation and Simple Linear Regression ............................................................. 14-1
Chapter 15: Multiple Regression and Model Building…........................................................... 15-1
Chapter 16: Forecasting… .......................................................................................................... 16-1
Chapter 17: Decision Analysis ................................................................................................... 17-1
Chapter 18: Nonparametric Statistics ......................................................................................... 18-1
, Business Statistics (Donnelly)
Chapter 1 An Introduction to Business Statistics
1) Statistics is the mathematical science that deals with the collection, analysis, and presentation
of data–data that can then be used as a basis for inference and induction.
Answer: TRUE
Diff: 1
Keywords: introduction to statistics
Objective: 1.1.1
2) Business statistics are statistics applied to the business world in an effort to improve people's
decision making in fields such as marketing research, operations, finance, and advertising.
Answer: TRUE
Diff: 1
Keywords: introduction to statistics
Objective: 1.1.1
3) Information is the basic foundation for the field of statistics and can be defined as the value
assigned to a specific observation or measurement.
Answer: FALSE
Diff: 1
Keywords: data
Objective: 1.2.1
4) One of the major reasons to use statistics is to transform data into information.
Answer: TRUE
Diff: 1
Keywords: introduction to statistics
Objective: 1.2.1
5) An employee records the number of customers that arrive at a retail store today. This is an
example of collecting information.
Answer: FALSE
Diff: 2
Keywords: data
Objective: 1.2.1
6) Primary data is data collected by the person or organization that eventually uses the data.
Answer: TRUE
Diff: 1
Keywords: primary data
Objective: 1.2.1
1-1
Copyright © 2020 Pearson Education, Inc.
