BUAL 2600 Final Exam – Gramling With Questions and Correct Answers
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 - Answer-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 - Answer-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 - Answer-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 - Answer-b. nominative
HW #2
Measurements from a population are called...
a. processes.
b. variables.
c. observations.
d. elements. - Answer-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 - Answer-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 - Answer-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. - Answer-
a. quantitative
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 - Answer-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 - Answer-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 - Answer-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 - Answer-b. nominative
HW #2
Measurements from a population are called...
a. processes.
b. variables.
c. observations.
d. elements. - Answer-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 - Answer-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 - Answer-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. - Answer-
a. quantitative