Str aigh ter Lin e B usin ess Statistics
MAT150 Question s an d an sw er s +
r ation ales (GUARANTEED SUCCESS)
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. - answer Most
students rated the instructor as poor or average.
Which word is NOT part of the definition of descriptive statistics? -
answer 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 _______: - answer 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? - answer
Ordinal
Which of the following is an example of a continuous variable? - answer
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? -
answer Nominal
The names of the positions in a corporation, such as chief operating
officer or controller, are examples of what type of variable? - answer
Qualitative
The incomes of 50 loan applicants are obtained. Which level of
measurement is income? - answer Ratio
Shoe style is an example of what level of measurement? - answer
Nominal
The reported unemployment is 5.5% of the population. What
measurement scale is used to measure unemployment? - answer
Interval or ratio
The final rankings of the top 20 NCAA college basketball teams are an
example of which level of measurement? - answer Ordinal
MAT150 Question s an d an sw er s +
r ation ales (GUARANTEED SUCCESS)
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. - answer Most
students rated the instructor as poor or average.
Which word is NOT part of the definition of descriptive statistics? -
answer 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 _______: - answer 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? - answer
Ordinal
Which of the following is an example of a continuous variable? - answer
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? -
answer Nominal
The names of the positions in a corporation, such as chief operating
officer or controller, are examples of what type of variable? - answer
Qualitative
The incomes of 50 loan applicants are obtained. Which level of
measurement is income? - answer Ratio
Shoe style is an example of what level of measurement? - answer
Nominal
The reported unemployment is 5.5% of the population. What
measurement scale is used to measure unemployment? - answer
Interval or ratio
The final rankings of the top 20 NCAA college basketball teams are an
example of which level of measurement? - answer Ordinal
