MAT 150 GRADED QUIZ 1 2023/2024

MAT 150 GRADED QUIZ 1 2023/2024. Which word is NOT part of the definition of descriptive statistics? Select one: a. Organizing b. Analyzing c. Presenting d. Predicting 2. The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called ____________. Select one: a. Statistics b. Descriptive statistics c. Inferential statistics d. Levels of measurement Feedback The correct answer is: Statistics 3. 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. Select one: a. The instructor's performance was great! b. The instructor's performance was inferior. c. Most students rated the instructor as poor or average. d. No conclusions can be made. Feedback MAT 150 GRADED QUIZ 1 The correct answer is: Most students rated the instructor as poor or average. 4. Shoe style is an example of what level of measurement? Select one: a. Nominal b. Ordinal c. Interval d. Ratio Feedback The correct answer is: Nominal 5. The Equal Employment Opportunity Act requires employers to classify their employees by gender and national origin. Which level of measurement is this? Select one: a. Nominal b. Ordinal c. Interval d. Ratio Feedback The correct answer is: Nominal 6. The Nielsen Ratings break down the number of people watching a particular television show by age. What level of measurement is age? Select one: a. Nominal b. Ordinal c. Interval MAT 150 GRADED QUIZ 1 d. Ratio Feedback The correct answer is: Ratio 7. What type of variable is "pounds of popcorn" served at a movie theater? Select one: a. Interval b. Ratio c. Discrete d. Continuous Feedback The correct answer is: Continuous 8. The names of the positions in a corporation, such as chief operating officer or controller, are examples of what type of variable? Select one: a. Qualitative b. Quantitative c. Interval d. Ratio Feedback MAT 150 GRADED QUIZ 1 The correct answer is: Qualitative 9. Your height and weight are examples of which level of measurement? Select one: a. Nominal b. Ordinal c. Interval d. Ratio Feedback The correct answer is: Ratio 10. The reported unemployment is 5.5% of the population. What measurement scale is used to measure unemployment? Select one: a. Nominal b. Ordinal c. Interval or ratio d. Descriptive 11. The incomes of 50 loan applicants are obtained. Which level of measurement is income? Select one: a. Nominal b. Ordinal c. Interval d. Ratio MAT 150 GRADED QUIZ 1 Feedback The correct answer is: Ratio 12. When TV advertisements report "2 out of 3 dentists surveyed indicated they would recommend Brand X toothpaste to their patients," an informed consumer may question the conclusion because the: Select one: a. Sample was only 5 dentists. b. Sample of dentists is clearly explained. c. Advertisement does not include the total number of dentists surveyed. d. Conclusion is not illustrated with a graph. Feedback The correct answer is: Advertisement does not include the total number of dentists surveyed. 13. On a finance exam, 15 accounting majors had an average grade of 90. On the same exam, 7 marketing majors averaged 85, and 10 finance majors averaged 93. What is the weighted mean for all 32 students taking the exam? Select one: a. 89.84 b. 89.33 c. 89.48 d. 10.67 Feedback The correct answer is: 89.84 MAT 150 GRADED QUIZ 1 14. What is the median of 26, 30, 24, 32, 32, 31, 27, and 29? Select one: a. 32 b. 29 c. 30 d. 29.5 Feedback The correct answer is: 29.5