 |
| 1 |  |  The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called |
|  | A) | Statistics. |
|  | B) | Descriptive statistics. |
|  | C) | Inferential statistics. |
|  | D) | Levels of measurement. |
|
|
 |
| 2 |  |  An attribute of a sample |
|  | A) | is a sample with at least 15 observations. |
|  | B) | refers to a group of people. |
|  | C) | is part of a population. |
|  | D) | is a set of frequencies. |
|
|
 |
| 3 |  |  The main purpose of inferential statistics is to: |
|  | A) | Summarize data in a useful and informative manner. |
|  | B) | Estimate a population characteristic based on a sample. |
|  | C) | Determine if the data adequately represents the population. |
|  | D) | Gather or collect data. |
|
|
 |
| 4 |  |  The main purpose of descriptive statistics is to: |
|  | A) | Summarize data in a useful and informative manner. |
|  | B) | Estimate a population characteristic based on a sample. |
|  | C) | Determine if the data adequately represents the population. |
|  | D) | Gather or collect data. |
|
|
 |
| 5 |  |  The incomes of a group of 50 loan applicants are obtained. Which level of measurement is income? |
|  | A) | Nominal |
|  | B) | Ordinal |
|  | C) | Interval |
|  | D) | Ratio |
|
|
 |
| 6 |  |  A bank asks customers to evaluate the drive-thru service as good, average, or poor. Which level of measurement is this classification? |
|  | A) | Nominal |
|  | B) | Ordinal |
|  | C) | Interval |
|  | D) | Ratio |
|
|
 |
| 7 |  |  If Gallup, Harris, and other pollsters asked people to indicate their political party affiliation - Democrat, Republican or Independent, political party affiliation would be an example of which scale of measurement? |
|  | A) | Nominal |
|  | B) | Ordinal |
|  | C) | Interval |
|  | D) | Ratio |
|
|
 |
| 8 |  |  What type of variable is the profit earned by a corporation? |
|  | A) | Qualitative |
|  | B) | Continuous |
|  | C) | Attribute |
|  | D) | Discrete |
|
|
 |
| 9 |  |  What type of variable is the number of car accidents reported in your city? |
|  | A) | Attribute |
|  | B) | Continuous |
|  | C) | Discrete |
|  | D) | Qualitative |
|
|
 |
| 10 |  |  Which of the following is an example of attribute data? |
|  | A) | Number of people employed by McDonalds, Inc. |
|  | B) | Personal income. |
|  | C) | A person's gender. |
|  | D) | Miles between oil changes |
|
|