BSIS Exam 1 Study Guide Questions With
Correct Answers 2026-2027 A+ Graded
Predictive + prescriptive= - CORRECT ANSWER -advanced
Categorical data - CORRECT ANSWER -Data on which arithmetic operations cannot be
performed
Cross-sectional data - CORRECT ANSWER -data collected at the same or approximately the same
point in time
Histogram skewed right - CORRECT ANSWER -
Histogram skewed left - CORRECT ANSWER -
Coefficient variation equation - CORRECT ANSWER -Standard deviation divided by the mean
3 steps necessary to define the classes for a frequency distribution with quantitative data -
CORRECT ANSWER -1. determine the number of nonoverlapping bins
2. determine the width of each bin
3. determine the bin limits
Picks and Axes Inc. is an Internet-based retail seller of hiking boots and mountaineering gear.
The company decides to open retail stores across the major areas of the city to help
complement its Internet-based strategy. This activity would be categorized as a(n) _____. -
CORRECT ANSWER -strategic decision
Correct Answers 2026-2027 A+ Graded
Predictive + prescriptive= - CORRECT ANSWER -advanced
Categorical data - CORRECT ANSWER -Data on which arithmetic operations cannot be
performed
Cross-sectional data - CORRECT ANSWER -data collected at the same or approximately the same
point in time
Histogram skewed right - CORRECT ANSWER -
Histogram skewed left - CORRECT ANSWER -
Coefficient variation equation - CORRECT ANSWER -Standard deviation divided by the mean
3 steps necessary to define the classes for a frequency distribution with quantitative data -
CORRECT ANSWER -1. determine the number of nonoverlapping bins
2. determine the width of each bin
3. determine the bin limits
Picks and Axes Inc. is an Internet-based retail seller of hiking boots and mountaineering gear.
The company decides to open retail stores across the major areas of the city to help
complement its Internet-based strategy. This activity would be categorized as a(n) _____. -
CORRECT ANSWER -strategic decision
