QMB3200 Exam Answered Rated A+
______ data has the benefit of a true zero point - Answer- ratio
a method of gathering data when subjects are exposed to certain treatments and the
data of interest is recorded is known as ______ - Answer- experiments
collecting data about the television viewers for the Summer Olympics is an example of
using statistics in the field of ______ - Answer- advertising
The Graduate Management Admission Test (GMAT) is a standardized test used by
schools to determine the aptitude of individuals who are applying for MBA programs.
The range of the GMAT score is 200-800. Brian has recently taken the exam and
scored 720. This is an example of _____ data - Answer- interval
the number of iPhones sold today at an Apple store is an example of _____ data -
Answer- ratio
asking customers at the shopping mall about their voting intentions in the upcoming
political election is an example of secondary data - Answer- false
the mathematical operation of addition can be performed on nominal data - Answer-
false
one of the major reasons to use statistics is to transform data into information - Answer-
true
which levels of measurement are considered quantitative data? - Answer- interval and
ratio
a method of gathering data while the subjects of interest are in their natural
environment, often unaware they are being watched, is known as _____ - Answer-
direct observation
In a Major League Baseball game today, the Philadelphia Phillies scored six runs
against the New York Mets. This is an example of ______ data - Answer- ratio
A respondent of a survey indicates that he is a resident in the state of Ohio. This is an
example of ____ data - Answer- nominal
The results from a survey that collected annual household income is shown in the
following table
Household income ($000)(x)/Number of households(y)
under $30..........67 etc.
, which of the following data types best describe these values? - Answer- cross-sectional
The main drawback of using secondary data is that ________ - Answer- you have no
control over how the data were collected
a respondent of a survey is asked whether their most recent dining experience was
excellent, good, fair, or poor. The person indicates that the experience was "good". This
is an example of _______ data - Answer- ordinal
T/F: predicting election results by asking voters their intentions is an example of
descriptive statistics - Answer- false
T/F: the purpose of inferential statistics is to make claims or conclusions about a
population based on a sample - Answer- true
Holiday Inn would like to estimate the satisfaction level of its customers. A sample of 25
hotels were selected and the customers at these locations were asked to rate their
experience on a scale of 1-10. Based on this sample data, Holiday Inn will draw a
conclusion about the satisfaction level of their customers. This is an example of using
________ - Answer- inferential statistics
Your business statistics class had an exam last week. The average exam score for the
class is an example of ______ - Answer- descriptive statistics
The proportion of customers that rate their latest airline experience as "excellent" is an
example of _____ - Answer- descriptive statistics
________ probability is used when we know the number of possible outcomes of the
event of interest and the total number of possible outcomes in the same space -
Answer- classical
A survey of adults who typically work full time from home recorded their current
education levels. The results are shown in the table below
Education level(x)/Frequency(y)
bachelor's degree or higher -- 37
Some college --13 etc.
calculating the probability that a randomly selected adult who works from home and has
a bachelor's degree or higher is using ________ probability - Answer- empirical
T/F: the complement to Event A is defined as all of the outcomes in the sample space
that are not part of Event A - Answer- true
______ data has the benefit of a true zero point - Answer- ratio
a method of gathering data when subjects are exposed to certain treatments and the
data of interest is recorded is known as ______ - Answer- experiments
collecting data about the television viewers for the Summer Olympics is an example of
using statistics in the field of ______ - Answer- advertising
The Graduate Management Admission Test (GMAT) is a standardized test used by
schools to determine the aptitude of individuals who are applying for MBA programs.
The range of the GMAT score is 200-800. Brian has recently taken the exam and
scored 720. This is an example of _____ data - Answer- interval
the number of iPhones sold today at an Apple store is an example of _____ data -
Answer- ratio
asking customers at the shopping mall about their voting intentions in the upcoming
political election is an example of secondary data - Answer- false
the mathematical operation of addition can be performed on nominal data - Answer-
false
one of the major reasons to use statistics is to transform data into information - Answer-
true
which levels of measurement are considered quantitative data? - Answer- interval and
ratio
a method of gathering data while the subjects of interest are in their natural
environment, often unaware they are being watched, is known as _____ - Answer-
direct observation
In a Major League Baseball game today, the Philadelphia Phillies scored six runs
against the New York Mets. This is an example of ______ data - Answer- ratio
A respondent of a survey indicates that he is a resident in the state of Ohio. This is an
example of ____ data - Answer- nominal
The results from a survey that collected annual household income is shown in the
following table
Household income ($000)(x)/Number of households(y)
under $30..........67 etc.
, which of the following data types best describe these values? - Answer- cross-sectional
The main drawback of using secondary data is that ________ - Answer- you have no
control over how the data were collected
a respondent of a survey is asked whether their most recent dining experience was
excellent, good, fair, or poor. The person indicates that the experience was "good". This
is an example of _______ data - Answer- ordinal
T/F: predicting election results by asking voters their intentions is an example of
descriptive statistics - Answer- false
T/F: the purpose of inferential statistics is to make claims or conclusions about a
population based on a sample - Answer- true
Holiday Inn would like to estimate the satisfaction level of its customers. A sample of 25
hotels were selected and the customers at these locations were asked to rate their
experience on a scale of 1-10. Based on this sample data, Holiday Inn will draw a
conclusion about the satisfaction level of their customers. This is an example of using
________ - Answer- inferential statistics
Your business statistics class had an exam last week. The average exam score for the
class is an example of ______ - Answer- descriptive statistics
The proportion of customers that rate their latest airline experience as "excellent" is an
example of _____ - Answer- descriptive statistics
________ probability is used when we know the number of possible outcomes of the
event of interest and the total number of possible outcomes in the same space -
Answer- classical
A survey of adults who typically work full time from home recorded their current
education levels. The results are shown in the table below
Education level(x)/Frequency(y)
bachelor's degree or higher -- 37
Some college --13 etc.
calculating the probability that a randomly selected adult who works from home and has
a bachelor's degree or higher is using ________ probability - Answer- empirical
T/F: the complement to Event A is defined as all of the outcomes in the sample space
that are not part of Event A - Answer- true
