Making
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1. For companies to attract and retain their best customers they need a com-
plete portrait of who they are. To develop this portrait companies turn to...
a. Statistics
b. Analytics
c. Management Science
d. Histograms: b
2. A manufacturer wants to maximize their factory output while specifically
minimizing labor costs. What type of analytics might they employ to achieve
this goal?
a. Descriptive Analytics
b. Predictive Analytics
c. Prescriptive Analytics
d. Diagnostic Analytics: c
3. What type of data error that occurs in measurement is constant within a data
set and is sometimes caused by faulty equipment or bias?
a. Random
b. Omission
c. Outlier
d. Systematic: d
4. An Educator develops a new standardized test to measure math skills of
ninth graders. She has students in her home state of Ohio take the test. If the
test is to be used on a national level, what type of error might be found in her
data?
a. Omission Error
b. Systematic Error
c. Measurement Bias
d. Information Bias: c
5. A city government is trying to determine the national origins of its recent
immigrant population. If a survey of the immigrant population is conducted in
English what type of error might be present in the data?
a. Random
b. Omission
c. Outlier
d. Accuracy: b
6. The use of Big Data is increasingly important to businesses in competitive
markets. Which of the following characteristics is not true of big data?
a. Requires the use of analytics
b. Contains structured data
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Making
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c. Contains unstructured data
d. Can be analyzed with traditional spreadsheets: d
7. The Davenport-Kim three-stage model consists of framing the problem,
solving the problem, and communicating results. Which two of the following
are part of framing the problem stage?
a. Determine the scope of the problem
b. Data collection
c. Review of previous findings
d. Presenting a recommendation: a, c
8. A healthcare provider is researching blood glucose levels before and after
exercising. What two elements should be part of any experimental study such
as this?
a. Treatment procedures
b. Patient observation
c. Statistical validity
d. Experimental response: a, d
9. Runners cover 26.2 miles in the Olympics marathon. What level of measure-
ment is this?
a. Nominal
b. Ordinal
c. Interval
d. Ratio: d
10. What level of measurement is the type of cars produced in Ford factory?
a. Nominal
b. Ordinal
c. Interval
d. Ratio: a
11. What level of measurement is this the 10 best cities in the U.S. to retire in?
a. Nominal
b. Ordinal
c. Interval
d. Ratio: b
12. What level of measurement are women's dress sizes (2,4,6, etc.)?
a. Nominal
b. Ordinal
c. Interval
d. Ratio: c
13. A local school board is studying the impact of a proposed change in testing
on math scores. Bias can be introduced into the study by both students and
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teachers. Which research technique would eliminate this type of bias?
a. Observation study
b. Blind study
c. Cohort study
d. Double blind study: d
14. A Company's product development team test 3 new car waxes by waxing
5 cars with each wax and then running them through a car wash. They then
record number of washes it takes before the wax begins to deteriorate. What
is the term for the five cars?
a. The response
b. The construct validity
c. The experimental unit
d. The treatment: c
15. An online retailer selling workout apparel has a large increase in sales
during December and declares that their weekly newspaper ad resulted in
higher sales. What misuse of statistics may the retailer have used in making
this decision?
a. Conscious Bias
b. Missing Data
c. Association and Causation
d. Small Sample Size: c
16. An educator collects eighth grade math scores from a local school and
used this data to recommend curriculum changes for grades 8 - 12. What mis-
use of statistics may the educator have used in making this recommendation?
a. Not a representative sample
b. Conscious Bias
c. Lack of Binding
d. Missing Data: a
17. An economist wishes to study the distribution of household income in
a Midwestern city. He randomly selects a sample from 12 households. He
notices two large incomes in his sample. Which measure best represents the
middle of the incomes?
a. Mode
b. Median
c. Variance
d. Mean: b
18. A cable company offers its customers both cable television and internet.
What statistical rule should be used to determine the probability that cus-
tomers will have both cable television and internet?