BUAL 2600 FINAL EXAM DR. GRAMLING QUESTIONS
AND ANSWERS 2026
A commercial shipping company operates a large fleet of trucks. The company needs to
collect data on vehicle usage including acceleration, braking, and vehicle maintenance
such as fluid levels. The datasourcing method needed to collect the data for this
scenerio is - Answers - sensor
The dollar amount on an accounts receivable invoice. - Answers - quantitative
The net profit for a company in 2017. - Answers - quantitative
The stock exchange on which a company's stock is traded. - Answers - qualitative
The national debt of the United States in 2017. - Answers - quantitative
The advertising medium (radio, television, or print) used to promote a product. -
Answers - qualitative
T/F. A quantitative variable can also be referred to as a categorical variable. - Answers -
false
A(n) ________ variable is a qualitative variable such that there is no meaningful
ordering or ranking of the categories. - Answers - nominal
An identification of police officers by rank would represent a(n) ________ level of
measurement. - Answers - ordinal
A doctor's office needs to know how many of their services are used by their patients
during a one year time period. Before a patient leaves their office, a summary report
includes the date, the doctor they saw, the services provided, and the total charge for
each service. Which of the following dataourcing methods best describes this data
collection scenario? - Answers - Point of Sale
A person's telephone area code is an example of a(n) ________ variable. - Answers -
nominal
A(n) ________ variable can have values that indicate into which of several categories of
a population it belongs. - Answers - qualitative
T/F. Business analytics is a new field that does not use traditional statistics to analyze
big data. - Answers - false, it does use traditional statistics
, T/F. An example of a qualitative variable is the mileage of a car. - Answers - False,
quantitative
Ordinal/Nominal. Statistics course letter grade - Answers - ordinal
ordinal/nominal. Door choice on Let's Make A Deal - Answers - nominal
ordinal/nominal. Television show classifications (PG, PG-13) - Answers - ordinal
ordinal/nominal. Personal computer ownership (yes/no) - Answers - nominal
ordinal/nominal. rating (1-5 star) - Answers - ordinal
ordinal/nominal. Income tax filing status - Answers - nominal
Possible qualitative data for Stitchfix to collect is a clothing size such as small, medium,
and large. This is an example of __________ (ordinal, nominal, discrete, or continuous)
variable. - Answers - ordinal
A ________ variable takes on values that are numbers on the real number line. -
Answers - quantitative
Which of the following describes the steps of the Analytic Process after we know the
business problem? - Answers - Choose DataSourcing Method-Collect Descriptives-
Make Prediction-Ask Next Question
In the Analytic Process, the next step after the descriptives (descriptives is the data that
has occurred up to the current point in time) have been collected, is to use the data to: -
Answers - make predictions
quant/qualt. mileage of a car - Answers - quantitative
Measurements from a population are called - Answers - observations
datasourcing Or random sampling - Answers - cannot be both
datasourcing methods to collect data: - Answers - point of sale, click stream data, social
media data, sensor data
Point of sale - Answers - receipts
random sampling - Answers - everyone/everything has an equal opportunity to be
selected
quantitative variable - Answers - numerical data, can be measured, units to make
sense, continuous or discrete
AND ANSWERS 2026
A commercial shipping company operates a large fleet of trucks. The company needs to
collect data on vehicle usage including acceleration, braking, and vehicle maintenance
such as fluid levels. The datasourcing method needed to collect the data for this
scenerio is - Answers - sensor
The dollar amount on an accounts receivable invoice. - Answers - quantitative
The net profit for a company in 2017. - Answers - quantitative
The stock exchange on which a company's stock is traded. - Answers - qualitative
The national debt of the United States in 2017. - Answers - quantitative
The advertising medium (radio, television, or print) used to promote a product. -
Answers - qualitative
T/F. A quantitative variable can also be referred to as a categorical variable. - Answers -
false
A(n) ________ variable is a qualitative variable such that there is no meaningful
ordering or ranking of the categories. - Answers - nominal
An identification of police officers by rank would represent a(n) ________ level of
measurement. - Answers - ordinal
A doctor's office needs to know how many of their services are used by their patients
during a one year time period. Before a patient leaves their office, a summary report
includes the date, the doctor they saw, the services provided, and the total charge for
each service. Which of the following dataourcing methods best describes this data
collection scenario? - Answers - Point of Sale
A person's telephone area code is an example of a(n) ________ variable. - Answers -
nominal
A(n) ________ variable can have values that indicate into which of several categories of
a population it belongs. - Answers - qualitative
T/F. Business analytics is a new field that does not use traditional statistics to analyze
big data. - Answers - false, it does use traditional statistics
, T/F. An example of a qualitative variable is the mileage of a car. - Answers - False,
quantitative
Ordinal/Nominal. Statistics course letter grade - Answers - ordinal
ordinal/nominal. Door choice on Let's Make A Deal - Answers - nominal
ordinal/nominal. Television show classifications (PG, PG-13) - Answers - ordinal
ordinal/nominal. Personal computer ownership (yes/no) - Answers - nominal
ordinal/nominal. rating (1-5 star) - Answers - ordinal
ordinal/nominal. Income tax filing status - Answers - nominal
Possible qualitative data for Stitchfix to collect is a clothing size such as small, medium,
and large. This is an example of __________ (ordinal, nominal, discrete, or continuous)
variable. - Answers - ordinal
A ________ variable takes on values that are numbers on the real number line. -
Answers - quantitative
Which of the following describes the steps of the Analytic Process after we know the
business problem? - Answers - Choose DataSourcing Method-Collect Descriptives-
Make Prediction-Ask Next Question
In the Analytic Process, the next step after the descriptives (descriptives is the data that
has occurred up to the current point in time) have been collected, is to use the data to: -
Answers - make predictions
quant/qualt. mileage of a car - Answers - quantitative
Measurements from a population are called - Answers - observations
datasourcing Or random sampling - Answers - cannot be both
datasourcing methods to collect data: - Answers - point of sale, click stream data, social
media data, sensor data
Point of sale - Answers - receipts
random sampling - Answers - everyone/everything has an equal opportunity to be
selected
quantitative variable - Answers - numerical data, can be measured, units to make
sense, continuous or discrete