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Statistics
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Statistics for Management
Quiz 1: What Is Statistics
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Question 21
Short Answer
The Attorney General of the state of California wanted to study criminal law in Los Angeles last year.He randomly selected 46,000 criminal records from the population of 1.5 million convicts in Los Angeles last year.From this sample, he calculated the proportion of litigations, the average amount of money involved per litigation, and the proportion of litigations resulting in a conviction.These calculations are all examples of doing ____________________ statistics.
Question 22
Short Answer
The owner of a large manufacturing company wishes to develop a new employee health benefits package.He selects 500 employees at random and asks them about their preferences regarding their current health benefits package.The 500 employees selected is a(n) ____________________.
Question 23
Short Answer
What name do we give to a descriptive measure of a population?
Question 24
Multiple Choice
The confidence level of a statistical inference measures:
Question 25
Short Answer
The Surgeon General wanted to study malpractice litigation in Chicago.A sample of 32,000 medical records was selected from all 3.5 million patients who were discharged during the year 2011.Using the information from the sample to make conclusions about malpractice litigation in Chicago is an example of doing ____________________ statistics.
Question 26
Short Answer
The Human Resources Director at Florida Atlantic University wishes to develop an employee benefits package.To get an idea of what components of a benefits package are most important, he selects 350 employees at random and asks them for their opinions.Numerically summarizing the preferences of these 350 employees is an example of doing ____________________ statistics.
Question 27
Short Answer
The Human Resources Director at Illinois State University wishes to develop an employee pension package.To get an idea of what components of a pension package are most important, he selects 525 employees at random and asks them for their opinions.The group of all employees at ISU is known as the ____________________.
Question 28
Short Answer
The Human Resources Director of a large hospital wants to determine the percentage of all employees who favor a newly proposed benefits package.He selects 300 employees at random and finds that 85% approve the newly proposed package.The percentage of all employees of this company who favor the newly proposed package is a(n) ____________________.
Question 29
Essay
Briefly describe the difference between a population and a sample and give an example of each.
Question 30
Multiple Choice
A researcher at Florida International University (FIU) wants to estimate the average number of credits earned by students last semester at FIU.She randomly selects 750 students from last semester and finds that they averaged 13.75 credits per student.The population of interest to the researcher is:
Question 31
Multiple Choice
A study is under way to determine the average height of all 29,000 adult pine trees in a certain national forest.The heights of 600 randomly selected adult pine trees are measured and analyzed.The parameter in the study is: