Test Bank for Essentials of Modern Business Statistics, 7th Edition – Complete Verified Questions 2026

,1. The minimum number of variables represented in a bar chart is .
a. 1
b. 2
c. 3
d. 4
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Summarizing Data for a Categorical Variable
LEARNING OBJECTIVES: MBST.ASWC.18.02.01 - 2.1
NATIONAL STANDARDS: United States - Business Program.1: - Reflective Thinking
KEYWORDS: Bloom's: Analysis

2. The minimum number of variables represented in a histogram is .
a. 1
b. 2
c. 3
d. 4
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Summarizing Data for a Quantitative Variable
LEARNING OBJECTIVES: MBST.ASWC.18.02.02 - 2.2
NATIONAL STANDARDS: United States - Business Program.1: - Reflective Thinking
KEYWORDS: Bloom's: Analysis

3. Which of the following graphical methods is most appropriate for categorical data?
a. ogive
b. pie chart
c. histogram
d. scatter diagram
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Summarizing Data for a Categorical Variable
LEARNING OBJECTIVES: MBST.ASWC.18.02.01 - 2.1
NATIONAL STANDARDS: United States - Business Program.1: - Reflective Thinking
KEYWORDS: Bloom's: Analysis

4. In a stem-and-leaf display, .
a. a single digit is used to define each stem, and a single digit is used to define each leaf
b. a single digit is used to define each stem, and one or more digits are used to define each leaf
c. one or more digits are used to define each stem, and a single digit is used to define each leaf
d. one or more digits are used to define each stem, and one or more digits are used to define each leaf

,ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Summarizing Data for a Quantitative Variable
LEARNING OBJECTIVES: MBST.ASWC.18.02.02 - 2.2
NATIONAL STANDARDS: United States - Business Program.1: - Reflective Thinking
KEYWORDS: Bloom's: Knowledge

5. A graphical method that can be used to show both the rank order and shape of a data set simultaneously is a .
a. relative frequency distribution
b. pie chart
c. stem-and-leaf display
d. pivot table
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Summarizing Data for a Quantitative Variable
LEARNING OBJECTIVES: MBST.ASWC.18.02.02 - 2.2
NATIONAL STANDARDS: United States - Business Program.1: - Reflective Thinking
KEYWORDS: Bloom's: Analysis

6. The proper way to construct a stem-and-leaf display for the data set {62, 67, 68, 73, 73, 79, 91, 94, 95, 97} is to .
a. exclude a stem labeled ‘8’
b. include a stem labeled ‘8’ and enter no leaves on the stem
c. include a stem labeled ‘(8)’ and enter no leaves on the stem
d. include a stem labeled ‘8’ and enter one leaf value of ‘0’ on the stem
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Summarizing Data for a Quantitative Variable
LEARNING OBJECTIVES: MBST.ASWC.18.02.02 - 2.2
NATIONAL STANDARDS: United States - Business Program.1: - Reflective Thinking
KEYWORDS: Bloom's: Knowledge

7. Data that provide labels or names for groupings of like items are known as .
a. categorical data
b. quantitative data
c. label data
d. generic data
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Summarizing Data for a Categorical Variable
LEARNING OBJECTIVES: MBST.ASWC.18.02.01 - 2.1

, NATIONAL STANDARDS: United States - Business Program.1: - Reflective Thinking
KEYWORDS: Bloom's: Knowledge

8. A researcher is gathering data from four geographical areas designated: South = 1; North = 2; East = 3; West = 4.
The designated geographical regions represent .
a. categorical data
b. quantitative data
c. directional data
d. either quantitative or categorical data
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Summarizing Data for a Categorical Variable
LEARNING OBJECTIVES: MBST.ASWC.18.02.01 - 2.1
NATIONAL STANDARDS: United States - Business Program.1: - Reflective Thinking
KEYWORDS: Bloom's: Comprehension

9. A researcher asked 20 people for their zip code. The respondents zip codes are an example of .
a. categorical data
b. quantitative data
c. label data
d. category data
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Summarizing Data for a Categorical Variable
LEARNING OBJECTIVES: MBST.ASWC.18.02.01 - 2.1
NATIONAL STANDARDS: United States - Business Program.1: - Reflective Thinking
KEYWORDS: Bloom's: Comprehension

10. The age of employees at a company is an example of .
a. categorical data
b. quantitative data
c. label data
d. time series data
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Summarizing Data for a Quantitative Variable
LEARNING OBJECTIVES: MBST.ASWC.18.02.02 - 2.2
NATIONAL STANDARDS: United States - Business Program.1: - Reflective Thinking
KEYWORDS: Bloom's: Comprehension

11. A frequency distribution is a .