1|Page | © copyright 2024/2025 | Grade A+
StraighterLine Business Statistics
MAT150 Questions and Correct
Answers (100% Pass)
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.
✓ Most students rated the instructor as poor or average.
Which word is NOT part of the definition of descriptive statistics?
✓ Predicting
In a sample of 900 people in a city, 225 are smokers. Based on this
information, the magazine reported that "25% of all people in the city are
smokers." This report is an example of _______:
✓ Inferential Statistics
Respondents were asked, "Do you now earn more than or less than you did
five years ago?" What is this level of measurement?
✓ Ordinal
Master01 | October, 2024/2025 | Latest update
, 1|Page | © copyright 2024/2025 | Grade A+
Which of the following is an example of a continuous variable?
✓ Tons of concrete to complete a parking garage
If Gallup, Harris, and other pollsters asked people to indicate their political
party affiliation as Democrat, Republican, or Independent, the data gathered
would be an example of which scale of measurement?
✓ Nominal
The names of the positions in a corporation, such as chief operating officer or
controller, are examples of what type of variable?
✓ Qualitative
The incomes of 50 loan applicants are obtained. Which level of measurement
is income?
✓ Ratio
Shoe style is an example of what level of measurement?
✓ Nominal
The reported unemployment is 5.5% of the population. What measurement
scale is used to measure unemployment?
Master01 | October, 2024/2025 | Latest update
StraighterLine Business Statistics
MAT150 Questions and Correct
Answers (100% Pass)
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.
✓ Most students rated the instructor as poor or average.
Which word is NOT part of the definition of descriptive statistics?
✓ Predicting
In a sample of 900 people in a city, 225 are smokers. Based on this
information, the magazine reported that "25% of all people in the city are
smokers." This report is an example of _______:
✓ Inferential Statistics
Respondents were asked, "Do you now earn more than or less than you did
five years ago?" What is this level of measurement?
✓ Ordinal
Master01 | October, 2024/2025 | Latest update
, 1|Page | © copyright 2024/2025 | Grade A+
Which of the following is an example of a continuous variable?
✓ Tons of concrete to complete a parking garage
If Gallup, Harris, and other pollsters asked people to indicate their political
party affiliation as Democrat, Republican, or Independent, the data gathered
would be an example of which scale of measurement?
✓ Nominal
The names of the positions in a corporation, such as chief operating officer or
controller, are examples of what type of variable?
✓ Qualitative
The incomes of 50 loan applicants are obtained. Which level of measurement
is income?
✓ Ratio
Shoe style is an example of what level of measurement?
✓ Nominal
The reported unemployment is 5.5% of the population. What measurement
scale is used to measure unemployment?
Master01 | October, 2024/2025 | Latest update
