BSTAT 3321 Exam 1 Review With Correct
Which cof cthe cfollowing cis can cexample cof ctime cseries cdata?
•A) cQuarterly chousing cstarts ccollected cover cthe clast c60 cyears
•B) cResults cof cmarket cresearch ctesting cconsumer cpreferences cfor csoda
•C) cStarting csalaries cof crecent cbusiness cgraduates cat cPenn cState cUniversity
•D) cThe csale cprices cof ctownhouses csold clast cyear c- cCORRECT cANS✔✔A) cQuarterly chousing
c60 cyears
•2) cAn canalyst cstudies ca cdata cset cof cthe c2011 cyear-end cbook cvalue cper cshare cfor call ccompan
cStock cExchange. cThis cdata cset cis cbest cdescribed cas
•A) ca ccombination cof ctime cseries cand ccross-sectional cdata.
•B) ctime cseries cdata.
•C) cneither ctime cseries cnor ccross-sectional cdata.
•D) ccross-sectional cdata. c- cCORRECT cANS✔✔D) ccross-sectional cdata.
•3) cSan cFrancisco c49ers' clinebacker cPatrick cWillis cwon cthe cDefensive cRookie cof cthe cYear cAw
c174 ctackles. cTackles care cmeasured con cwhat ckind cof ca cscale? cIs ca cvariable cmeasuring cthe cn
ccontinuous cor cdiscrete?
•A) cInterval cscale; cdiscrete cB) cInterval cscale; ccontinuous
•C) cRatio cscale; cdiscrete cD) cRatio cscale; ccontinuous c- cCORRECT cANS✔✔C) cRatio cscale
•4) cThe cordinal cscale cof cdata cmeasurement cis
•A) cmore csophisticated cthan cthe cnominal cscale.
•B) cless csophisticated cthan cthe cnominal cscale.
•C) cmore csophisticated cthan cthe cinterval cscale.
•D) cas cequally csophisticated cas cthe cnominal cscale. c- cCORRECT cANS✔✔A) cmore csophisticate
•5) cA crecent csurvey cof c200 csmall cfirms c(annual crevenue cless cthan c$10 cmillion) casked cwhethe
cwage cwould ccause cthe cfirm cto cdecrease ccapital cspending. cPossible cresponses cto cthe csurvey
cor c"Don't cKnow." cThis cdata cis cbest cclassified cas
•A) cratio cscale. cB) cordinal cscale. cC) cnominal cscale. cD) cinterval cscale. c- cCORRECT cANS✔✔C
•6) cAt cthe cend cof ca csemester ccollege cstudents cevaluate ctheir cinstructors cby cassigning cthem ct
ccategories: cExcellent, cGood, cAverage, cBelow cAverage, cand cPoor. cThe cmeasurement cscale cis
Which cof cthe cfollowing cis can cexample cof ctime cseries cdata?
•A) cQuarterly chousing cstarts ccollected cover cthe clast c60 cyears
•B) cResults cof cmarket cresearch ctesting cconsumer cpreferences cfor csoda
•C) cStarting csalaries cof crecent cbusiness cgraduates cat cPenn cState cUniversity
•D) cThe csale cprices cof ctownhouses csold clast cyear c- cCORRECT cANS✔✔A) cQuarterly chousing
c60 cyears
•2) cAn canalyst cstudies ca cdata cset cof cthe c2011 cyear-end cbook cvalue cper cshare cfor call ccompan
cStock cExchange. cThis cdata cset cis cbest cdescribed cas
•A) ca ccombination cof ctime cseries cand ccross-sectional cdata.
•B) ctime cseries cdata.
•C) cneither ctime cseries cnor ccross-sectional cdata.
•D) ccross-sectional cdata. c- cCORRECT cANS✔✔D) ccross-sectional cdata.
•3) cSan cFrancisco c49ers' clinebacker cPatrick cWillis cwon cthe cDefensive cRookie cof cthe cYear cAw
c174 ctackles. cTackles care cmeasured con cwhat ckind cof ca cscale? cIs ca cvariable cmeasuring cthe cn
ccontinuous cor cdiscrete?
•A) cInterval cscale; cdiscrete cB) cInterval cscale; ccontinuous
•C) cRatio cscale; cdiscrete cD) cRatio cscale; ccontinuous c- cCORRECT cANS✔✔C) cRatio cscale
•4) cThe cordinal cscale cof cdata cmeasurement cis
•A) cmore csophisticated cthan cthe cnominal cscale.
•B) cless csophisticated cthan cthe cnominal cscale.
•C) cmore csophisticated cthan cthe cinterval cscale.
•D) cas cequally csophisticated cas cthe cnominal cscale. c- cCORRECT cANS✔✔A) cmore csophisticate
•5) cA crecent csurvey cof c200 csmall cfirms c(annual crevenue cless cthan c$10 cmillion) casked cwhethe
cwage cwould ccause cthe cfirm cto cdecrease ccapital cspending. cPossible cresponses cto cthe csurvey
cor c"Don't cKnow." cThis cdata cis cbest cclassified cas
•A) cratio cscale. cB) cordinal cscale. cC) cnominal cscale. cD) cinterval cscale. c- cCORRECT cANS✔✔C
•6) cAt cthe cend cof ca csemester ccollege cstudents cevaluate ctheir cinstructors cby cassigning cthem ct
ccategories: cExcellent, cGood, cAverage, cBelow cAverage, cand cPoor. cThe cmeasurement cscale cis
