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BUAL 2600 FINAL EXAM – GRAMLING EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED

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BUAL 2600 FINAL EXAM – GRAMLING EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED 5.0 (1 review) Terms in this set (192) HW #2 A(n) variable can have values that indicate into which of several categories of a population it belongs. a. qualitative b. quantitative c. interval d. ratio a. qualitative HW #2 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 scenario is... a. Point of Sale b. None of these c. Clickstream d. Sensor e. Social Media d. sensor HW #2 Which of the following describes the steps of the Analytic Process after we know the business problem? a. Collect Descriptives-Choose Sampling Method-Make Prediction-Ask Next Question b. Collect Descriptives-Ask the Next Question-Choose Sampling Method- Make Prediction c. Choose DataSourcing Method-Choose Sampling Method-Collect Descriptives- Make Prediction-Ask Next Question d. Choose DataSourcing Method-Collect Descriptives-Make Prediction-Ask Next Question e. None of these f. Choose Sampling Method-Choose DataSourcing Method-Make Prediction- Ask Next Question d. Choose DataSourcing Method-Collect Descriptives-Make Prediction-Ask Next Question HW #2 A(n) variable is a qualitative variable such that there is no meaningful ordering or ranking of the categories. a. ratio b. nominative c. interval d. ordinal b. nominative HW #2 Measurements from a population are called... a. processes. b. variables. c. observations. d. elements. c. observations. HW #2 An identification of police officers by rank would represent a(n) level of measurement. a. nominative b. ratio c. ordinal d. interval c. ordinal HW #2 A person's telephone area code is an example of a(n) variable. a. ordinal b. ratio c. nominative d. interval c. nominative HW #2 Which of these variables are quantitative and which are qualitative? a. The dollar amount on an accounts receivable invoice. b. The net profit for a company in 2017. c. The stock exchange on which a company's stock is traded. d. The national debt of the United States in 2017. e. The advertising medium (radio, television, or print) used to promote a product. a. quantitative b. quantitative c. qualitative d. quantitative e. qualitative HW #2 Classify each of the following qualitative variables as ordinal or nominative. a. Statistics course letter grade: A, B, C, D, F b. Door choice on Let's Make A Deal: Door #1, Door #2, Door #3 c. Television show classifications: TV-G, TV-PG, TV-14, TV-MA d. Personal computer ownership: Yes, No e. Restaurant rating: ****, **, *, , f. Income tax filing status: Married filing jointly; Married filing separately; Single; Head of household; Qualifying widow(er) a. ordinal b. nominative c. ordinal d. nominative e. ordinal f. nominative

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4/15/25, 10:55 BUAL 2600 Final Exam - Gramling |
AM


BUAL 2600 FINAL EXAM – GRAMLING EXAM QUESTIONS AND
ANSWERS WITH COMPLETE SOLUTIONS VERIFIED
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Terms in this set (192)


HW #2 a. qualitative


A(n)______variable can have values that
indicate into which of several categories
of a population it belongs.


a.qualitative
b. quantitative
c. interval
d. ratio

HW #2 d. sensor


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 scenario
is...


a.Point of Sale
b. None of these
c. Clickstream
d. Sensor
e.Social Media




1/22

,4/15/25, 10:55 BUAL 2600 Final Exam - Gramling |
AM
HW #2 d. Choose DataSourcing Method-Collect Descriptives-Make Prediction-Ask Next
Question
Which of the following describes
the steps of the Analytic Process
after we know the business
problem?


a.Collect Descriptives-Choose Sampling
Method-Make Prediction-Ask Next
Question
b. Collect Descriptives-Ask the
Next Question-Choose Sampling
Method-
Make Prediction
c. Choose DataSourcing Method-
Choose Sampling Method-Collect
Descriptives-
Make Prediction-Ask Next Question
d. Choose DataSourcing Method-Collect
Descriptives-Make Prediction-Ask Next
Question
e. None of these
f.Choose Sampling Method-Choose
DataSourcing Method-Make Prediction-
Ask Next Question
HW #2 b. nominative


A(n)______variable is a qualitative
variable such that there is no meaningful
ordering or ranking of the categories.


a. ratio
b. nominative
c. interval
d. ordinal

HW #2 c. observations.


Measurements from a population are
called...


a. processes.
b. variables.
c. observations.
d. elements.

HW #2 c. ordinal


An identification of police officers by rank
would represent a(n)_____level of
measurement.


a. nominative
b. ratio
c. ordinal
d. interval




2/22

, 4/15/25, 10:55 BUAL 2600 Final Exam - Gramling |
AM
HW #2 c. nominative


A person's telephone area code is an
example of a(n)_____variable.


a.ordinal
b. ratio
c. nominative
d. interval

HW #2 a.quantitative
b. quantitative
Which of these variables are c. qualitative
quantitative and which are d. quantitative
qualitative? e. qualitative


a.The dollar amount on an accounts
receivable invoice.
b.The net profit for a company in 2017.
c.The stock exchange on which a
company's stock is traded.
d.The national debt of the United
States in 2017.
e.The advertising medium (radio,
television, or print) used to promote a
product.




HW #2 a.ordinal
b. nominative
Classify each of the following qualitative c. ordinal
variables as ordinal or nominative. d. nominative
e. ordinal
a.Statistics course letter grade: A, B, C, f. nominative
D, F
b. Door choice on Let's Make A Deal:
Door #1, Door #2, Door #3
c.Television show classifications: TV-G,
TV-PG, TV-14, TV-MA
d. Personal computer ownership: Yes, No
e. Restaurant rating: ****, **, *, ,
f. Income tax filing status: Married
filing jointly; Married filing separately;
Single;
Head of household; Qualifying widow(er)
HW #2 d. Make predictions


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...


a.Make an actionable decision
b.Conduct a random sample
c. None of these
d. Make predictions
e.Ask the next question




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