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Business Statistics Study Set 4
Quiz 1: Introduction to Statistics
Path 4
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Question 41
Multiple Choice
On discovering an improperly adjusted drill press, Jack Joyner, Director of Quality Control, ordered an inspection of every fifth casting drilled during the evening shift.Jack is ordering a ___.
Question 42
Multiple Choice
A student makes an 82 on the first test in a statistics course.From this, she estimates that her average at the end of the semester (after other tests) will be about 82.This is an example of ___.
Question 43
Multiple Choice
On discovering an improperly adjusted drill press, Jack Joyner, Director of Quality Control, ordered a 100% inspection of all castings drilled during the evening shift.Jack is ordering a ___.
Question 44
Multiple Choice
Pinky Bauer, Chief Financial Officer of Harrison Haulers, Inc., suspects irregularities in the payroll system, and orders an inspection of "each and every payroll voucher issued since January 1, 2013." Pinky is ordering a ___.
Question 45
Multiple Choice
Jessica Salas, president of Salas Products, is reviewing the warranty policy for her company's new model of automobile batteries.Life tests performed on a sample of 100 batteries indicated an average life of seven years under normal usage.Jessica recommended a six-year warranty period for the new model.This is an example of ___.
Question 46
Multiple Choice
Manuel Banales, Marketing Director of Plano Power Plants, Inc.'s Electrical Division, is directing a study to identify and assess the relative importance of product features.Manuel directs his staff to design a survey questionnaire for distribution to 100 of Plano's 954 customers.For this study, the set of 100 customers is ___.
Question 47
Multiple Choice
Manuel Banales, Marketing Director of Plano Power Plants, Inc.'s Electrical Division, is leading a study to identify and assess the relative importance of product features.Manuel directs his staff to design a survey questionnaire and distribute it 100 of Plano's 954 customers.Manuel is ordering a ___.
Question 48
Multiple Choice
Sue Taylor, Director of Global Industrial Sales, is concerned by a deteriorating sales trend.Specifically, the number of industrial customers is stable at 1,500, but they are purchasing less each year.She orders her staff to search for causes of the downward trend by selecting a focus group of 40 industrial customers.For this study, the set of 40 industrial customers is ___.
Question 49
Multiple Choice
When a person collects information from the entire population, this is called a ___.
Question 50
Multiple Choice
Marc Fortier, Director of Human Resources, is exploring the causes of employee absenteeism at Lennoxville Bottling during the last operating year.Personnel records for 50 of the plant's 250 employees are selected for analysis.For this study, the group of 50 employees is a ___.
Question 51
Multiple Choice
Using data from a group to generalize about the whole group involves the use of ___.
Question 52
Multiple Choice
Manuel Banales, Marketing Director of Plano Power Plants, Inc.'s Electrical Division, is directing a study to identify and assess the relative importance of product features.Manuel directs his staff to design a survey questionnaire for distribution to all of Plano's 954 customers.For this study, the set of 954 customers is ___.
Question 53
Multiple Choice
On discovering an improperly adjusted drill press, Jack Joyner, Director of Quality Control, ordered an inspection of every fifth casting drilled during the evening shift.Less than 1% of the castings were defective, so Jack released the evening shift's production to assembly.This is an example of ___.
Question 54
Multiple Choice
Pinky Bauer, Chief Financial Officer of Harrison Haulers, Inc., suspects irregularities in the payroll system, and orders an inspection of "every tenth payroll voucher issued since January 1, 2013." Pinky is ordering a ___.
Question 55
Multiple Choice
Marc Fortier, Director of Human Resources, is exploring the causes of employee absenteeism at Lennoxville Bottling during the last operating year (January 1, 2019 through December 31, 2019) .For this study, the set of all employees who worked at Lennoxville Bottling during the last operating year is ___.
Question 56
Multiple Choice
A salesperson is paid a commission on each sale.This person made $2,000 in their first month on the job.Based on this the salesperson concludes they will make $24,000 during their first year.This is an example of ___.