Test Bank for Statistics for Business & Economics, 14th Edition By James T. McClave, P. George Benson, Terry T Sincich

Test Bank for
Statistics for Business & Economics, 14th Edition By James T. McClave, P.
George Benson, Terry T Sincich Chapter 1-22



Chapter 01 - Data and Statistics
Multiple Choice

1. Different methods of developing useful information from large data bases are dealt with under

a. data manipulation.
b. data warehousing.
c. big data.
d. data mining.
ANSWER: d
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: BSST.ASWC.20.01.07 - Big Data and Data Mining
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: IMA: Reporting
KEYWORDS: Bloom's: Remember
DATE CREATED: 9/26/2018 11:21 AM
DATE MODIFIED: 1/18/2019 3:47 PM

2. The process of capturing, storing, and maintaining data is known as
a. data manipulation.
b. data mining.
c. data warehousing.
d. big data.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: BSST.ASWC.20.01.07 - Big Data and Data Mining
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: IMA: Reporting
KEYWORDS: Bloom's: Remember
DATE CREATED: 9/26/2018 11:21 AM
DATE MODIFIED: 1/18/2019 3:47 PM

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,3. The subject of data mining deals with
a. methods for developing useful decision-making information from large data bases.
b. keeping data secure so that unauthorized individuals cannot access the data.
c. computational procedure for data analysis.
d. computing the average for data.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: BSST.ASWC.20.01.07 - Big Data and Data Mining
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: IMA: Reporting
KEYWORDS: Bloom's: Remember
DATE CREATED: 9/26/2018 11:21 AM
DATE MODIFIED: 1/18/2019 3:47 PM

4. In a questionnaire, respondents are asked to mark their gender as male or female. The scale of measurement for gender
is _____ scale.

a. ordinal
b. nominal
c. ratio
d. interval
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: BSST.ASWC.20.01.02 - Data
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: IMA: Reporting
KEYWORDS: Bloom's: Understand
DATE CREATED: 9/26/2018 11:21 AM
DATE MODIFIED: 1/18/2019 3:47 PM

5. The scale of measurement that is used to rank order the observation for a variable is called the _____ scale.
a. ratio
b. ordinal
c. nominal
d. interval
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
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,LEARNING OBJECTIVES: BSST.ASWC.20.01.02 - Data
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: IMA: Reporting
KEYWORDS: Bloom's: Remember
DATE CREATED: 9/26/2018 11:21 AM
DATE MODIFIED: 1/18/2019 3:47 PM

6. A restaurant asks their customers to fill out a questionnaire indicating whether their service was excellent, very good,
good, or poor. The rating scale used is an example of the _____ scale.
a. ordinal
b. ratio
c. nominal
d. interval
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: BSST.ASWC.20.01.02 - Data
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: IMA: Reporting
KEYWORDS: Bloom's: Understand
DATE CREATED: 9/26/2018 11:21 AM
DATE MODIFIED: 1/18/2019 3:47 PM

7. The data measured on ordinal scale exhibits all the properties of data measured on

a. ratio scale.
b. interval scale.
c. nominal scale.
d. nominal and interval scales.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: BSST.ASWC.20.01.02 - Data
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: IMA: Reporting
KEYWORDS: Bloom's: Remember
DATE CREATED: 9/26/2018 11:21 AM
DATE MODIFIED: 1/18/2019 3:47 PM

8. Measurement of body temperature is an example of a variable that uses
a. the ratio scale.
b. the interval scale.
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, c. the ordinal scale.
d. either the ratio or the ordinal scale.
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: BSST.ASWC.20.01.02 - Data
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: IMA: Reporting
KEYWORDS: Bloom's: Understand
DATE CREATED: 9/26/2018 11:21 AM
DATE MODIFIED: 1/18/2019 3:47 PM

9. Arithmetic operations provide meaningful results for variables that
a. use any scale of measurement except nominal and ordinal.
b. appear as non-numerical values.
c. are quantitative.
d. have non-negative values.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: BSST.ASWC.20.01.02 - Data
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: IMA: Reporting
KEYWORDS: Bloom's: Understand
DATE CREATED: 9/26/2018 11:21 AM
DATE MODIFIED: 1/18/2019 3:47 PM

10. Height is an example of a variable that uses the _____ scale.
a. ratio
b. interval
c. nominal
d. ordinal
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: BSST.ASWC.20.01.02 - Data
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: IMA: Reporting
KEYWORDS: Bloom's: Understand
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