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DAT 565 Week 2 Exam Questions and Answers Latest Update

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DAT 565 Week 2 Exam Questions and Answers Latest Update A (blank) includes all members of the group of interest - Answers .Population Samples are primarily - Answers looking only at selected items from a population, used to make inferences about population parameters Census= it is sometimes mandated by legal requirements, it is an example of all items in a population - Answers Sample= it looks at only selected items in a population, it is necessitated because of budget constraints Parameter- The average age of all students currently enrolled at the Leeds School of Business - Answers Statistic- The average starting salary for 25 students from this year's Leeds' MBA graduating class Northern University's College of Business wants to determine the average starting salary for last year's graduates of its College of Business; what is the population that the College should survey from? - Answers All of last year's graduates from Northern's College of Business In order to create a sample representative of the population, the analyst should use a (blank) sampling technique. - Answers random A (blank) is a subset of a population. - Answers sample Which of the following characterize random sampling techniques? - Answers allows each subject the same chance of being included in the sample, produce a sample representative of the target population Sampling is necessary when it is effectively impossible to survey the entire population. Which of the following illustrates a situation where sampling, rather than surveying the entire population, is necessary? - Answers a manufacturer of automobile tires wants to determine how long the tread of its tires will last. Which of the following sampling techniques are non-random? - Answers Focus groups, convenience A (blank) is a numerical summary of a sample, whereas a (blank) is a numerical summary that describes a population. - Answers statistic/parameter Sample size is determined by the inherent (blank) in the population of interest and the desired (blank) of the parameter being estimated. - Answers variability, precision Although less scientific, (blank) sampling is occasionally used for expediency. - Answers non-random Which type of error is unavoidable when sampling from a population? - Answers sampling error A (blank) sample is taken from homogeneous subgroups of the target population whereas a

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DAT 565 Week 2 Exam Questions and Answers Latest Update 2025-2026

A (blank) includes all members of the group of interest - Answers .Population

Samples are primarily - Answers looking only at selected items from a population, used to make
inferences about population parameters

Census= it is sometimes mandated by legal requirements, it is an example of all items in a
population - Answers Sample= it looks at only selected items in a population, it is necessitated
because of budget constraints

Parameter- The average age of all students currently enrolled at the Leeds School of Business -
Answers Statistic- The average starting salary for 25 students from this year's Leeds' MBA
graduating class

Northern University's College of Business wants to determine the average starting salary for last
year's graduates of its College of Business; what is the population that the College should
survey from? - Answers All of last year's graduates from Northern's College of Business

In order to create a sample representative of the population, the analyst should use a (blank)
sampling technique. - Answers random

A (blank) is a subset of a population. - Answers sample

Which of the following characterize random sampling techniques? - Answers allows each
subject the same chance of being included in the sample, produce a sample representative of
the target population

Sampling is necessary when it is effectively impossible to survey the entire population. Which of
the following illustrates a situation where sampling, rather than surveying the entire population,
is necessary? - Answers a manufacturer of automobile tires wants to determine how long the
tread of its tires will last.

Which of the following sampling techniques are non-random? - Answers Focus groups,
convenience

A (blank) is a numerical summary of a sample, whereas a (blank) is a numerical summary that
describes a population. - Answers statistic/parameter

Sample size is determined by the inherent (blank) in the population of interest and the desired
(blank) of the parameter being estimated. - Answers variability, precision

Although less scientific, (blank) sampling is occasionally used for expediency. - Answers non-
random

Which type of error is unavoidable when sampling from a population? - Answers sampling error

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