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The collection of all elements of interest in a study is _____.


A) the population
B) the sampling
C) statistical inference
D) descriptive statistics

E) B) and D)
F) A) and B)

Correct Answer

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The owner of a factory regularly requests a graphical summary of all employees' salaries. The graphical summary of salaries is an example of _____.


A) a sample
B) descriptive statistics
C) statistical inference
D) an experiment

E) B) and D)
F) None of the above

Correct Answer

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_____ analytics is the set of analytical techniques that yield a course of action.


A) Descriptive
B) Predictive
C) Prescriptive
D) Data

E) A) and C)
F) B) and D)

Correct Answer

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The Microsoft Office package used to perform statistical analysis is _____.


A) SPSS
B) Word
C) SAS
D) Excel

E) B) and D)
F) All of the above

Correct Answer

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Flight time from Cincinnati to Atlanta is an example of a _____ variable and _____ measurement.


A) discrete; interval
B) discrete; ratio
C) continuous; interval
D) continuous; ratio

E) A) and B)
F) A) and C)

Correct Answer

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Statistical studies in which researchers do not control variables of interest are _____.


A) experimental studies
B) uncontrolled experimental studies
C) not of any value
D) observational studies

E) A) and D)
F) C) and D)

Correct Answer

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Which of the following is NOT a scale of measurement?


A) nominal
B) ordinal
C) interval
D) categorical

E) B) and D)
F) C) and D)

Correct Answer

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In a questionnaire, respondents are asked to mark their gender as Male, Female, Transgender MtoF, Transgender FtoM, Non-binary, or Intersex. Gender is an example of a(n) _____ variable.


A) categorical
B) quantitative
C) interval
D) ratio

E) All of the above
F) A) and B)

Correct Answer

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In an application for a credit card, potential customers are asked for their social security numbers. A social security number is an example of a _____.


A) categorical variable
B) quantitative variable
C) categorical or quantitative variable, depending on how the respondents answered the question
D) ratio variable

E) A) and B)
F) A) and C)

Correct Answer

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Six hundred residents of a city are polled to obtain information on voting intentions in an upcoming city election. The 600 residents in this study is an example of a(n) _____.


A) census
B) sample
C) observation
D) population

E) B) and C)
F) A) and D)

Correct Answer

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Categorical data use either the ______ or ______ scale of measurement.


A) nominal; ordinal
B) nominal; interval
C) ordinal; interval
D) interval; ratio

E) A) and C)
F) B) and C)

Correct Answer

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Which of the following variables uses the ratio scale of measurement?


A) name of stock exchange
B) time
C) SAT scores
D) social security number

E) A) and C)
F) C) and D)

Correct Answer

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Which two scales of measurement can be either numeric or nonnumeric?


A) nominal and ratio
B) ordinal and interval
C) interval and ordinal
D) nominal and ordinal

E) A) and B)
F) A) and C)

Correct Answer

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A sample of five Fortune 500 companies showed the following revenues ($ millions) : 7505.0, 2904.7, 7208.4, 6819.0, and 19500.0. Based on this information, which of the following statements is correct?


A) An estimate of the average revenue for all Fortune 500 companies is 8787.42 ($ millions) .
B) The average revenue for all Fortune 500 companies is 8787.42 ($ millions) .
C) Over half of all Fortune 500 companies earn at least 7208.4 ($ millions) in revenues.
D) If five other Fortune 500 companies were chosen, the average revenue would be 8787.42 ($ millions) .

E) A) and B)
F) A) and C)

Correct Answer

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The summaries of data, which may be tabular, graphical, or numerical, are referred to as _____.


A) inferential statistics
B) descriptive statistics
C) statistical inference
D) report generation

E) C) and D)
F) None of the above

Correct Answer

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When the data have the properties of ordinal data and the interval between observations is expressed in terms of a fixed unit of measure, the variable has which scale of measurement?


A) nominal
B) ordinal
C) interval
D) ratio

E) None of the above
F) All of the above

Correct Answer

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_____ analytics consists of analytical techniques that use models constructed from past data to predict the future or to assess the impact of one variable on another.


A) Descriptive
B) Predictive
C) Prescriptive
D) Data

E) A) and B)
F) A) and C)

Correct Answer

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The number of observations in a complete data set having 10 elements and 5 variables is _____.


A) 5
B) 10
C) 25
D) 50

E) C) and D)
F) All of the above

Correct Answer

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Arithmetic operations are inappropriate for _____.


A) categorical data
B) quantitative data
C) both categorical and quantitative data
D) large data sets

E) C) and D)
F) None of the above

Correct Answer

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The set of measurements collected for an element is called a(n) _____.


A) census
B) variable
C) observation
D) sample

E) A) and D)
F) A) and B)

Correct Answer

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