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Business Statistics Test #1

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Business Statistics Test #1

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Business Statistics Test #1


1. An example of a qualitative variable is: Color of ink in a pen
2. The Nielsen Ratings break down the number of people watching a particular television show by age. What
level of measurement is age?: Ratio
3. The length of a bridge, measured in meters, is an example of: Quantitative Data
4. Which of the following is true?: -Data is collected and analyzed for you by computer programs, so there is no
need to understand statistics.
-Statistical techniques are only useful for certain professions.
-Statistics is never required to make personal decisions.

-No matter what your career, you need a knowledge of statistics to understand the world.
5. If Gallup, Harris, and other pollsters asked people to indicate their political party affiliations as Democrat,
Republican, or Independent, the data gathered would be an example of which scale of measurement?: Nominal
6. A survey includes a question about marital status that has the following responses: single, married, divorced,
separated, or widowed. What is the level of measurement for this question?: Nominal
7. Your height and weight are examples of which level of measurement?: Ratio
8. A portion or part of a population is called a: sample
9. Shoe style is an example of what level of measurement?: Nominal
10.The members of each basketball team wear numbers on their jerseys. What scale of measurement are these
numbers considered?: Nominal
11.A pharmaceutical company evaluates a new vaccine's effectiveness as excellent, good, average, or low.
Which level of measurement is this classi- fication?: Ordinal
12.the length of a bridge, measured in meters, is an example of: quantitative data
13.which of the following is not an example of discrete data?: -Number of households watching the Home
Shopping Network
-Number of employees reporting in sick
-Number of members of the Denver Lions Club

- Number of miles between New York City and Chicago
14.When TV advertisements report "2 out of 3 dentists surveyed indicated they would recommend Brand X
toothpaste to their patients," an informed consumer may question the conclusion because the:: the advertisement
does not include the total number of dentists surveyed






, Business Statistics Test #1


15.A university wishes to conduct a student survey. In one of the questions, students are asked to mark their
gender as either male or female. Gender is an example of the: nominal scale
16.the members of each basketball team wear numbers on their jerseys. What scale of measurement are these
numbers considered?: Nominal
17.When pharmaceutical companies try a new vaccine on a portion or part of a population, this is called a:
sample
18.A bank asks customers to evaluate its drive-through service as good, average, or poor. Which level of
measurement is this classification: Ordinal
19.The final rankings of the top 20 NCAA college basketball teams are an example of which level of
measurement?: ordinal
20.The incomes of 50 loan applicants are obtained. Which level of measure- ment is income?: ratio
21.what level of measurement is a persons "favorite sport": nominal
22.which of the following is not an example of a statistic?: -the average profit earned last year for the 10 top
companies on the Dow Jones index
-The weekly income of the typical high school graduate compared to a typical college graduate
-the unemployment rate in the United States for last month

-a list of the profits earned last year for 100 companies in the United States
23.Income is a variable often used in business and economics. Income is an example of a variable that uses the:
ratio scale
24.The Equal Employment Opportunity Act requires employers to classify their employees by gender and
national origin. Which level of measurement is this: Nominal
25.Ethical Statisticians: use honesty and integrity when summarizing, analyzing, and interpreting data.
26.The main purpose of descriptive statistics is to: Summarize data in a useful and informative manner.
27.When data are collected using a qualitative, nominal variable, what is true about a frequency table that
summarizes the data?: A pie chart can be used to summarize the data.
28.A student was studying the political party preferences of a university's student population. The survey
instrument asked students to identify their political preferences—for example, Democrat, Republican,
Libertarian, or an- other party. The best way to illustrate the relative frequency distribution is
a: pie chart.

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