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Business statistics Study Set 3
Quiz 1: What Is Statistics
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Question 1
Multiple Choice
Which of the following best describes the data that is collected in a statistical study for only a portion or subset of all elements of interest?
Question 2
Multiple Choice
Descriptive statistics deals with methods of:
Question 3
True/False
A summary measure that is computed from a population is called a population parameter.
Question 4
Essay
Consider the population of all pencil manufacturers in the world. Describe any four examples of possible samples that could be taken from this population.
Question 5
True/False
A local cable TV system using a sample of 500 subscribers finds that 40% of these subscribers watch a premium channel at least once per day. This is an example of statistical inference as opposed to descriptive statistics.
Question 6
Multiple Choice
A summary measure that is computed from a sample to describe a characteristic of the population is called:
Question 7
Multiple Choice
A summary measure that is computed from a population is called:
Question 8
True/False
The significance level is the relative frequency of a wrong conclusion.
Question 9
True/False
Which of the following is the goal of descriptive statistics? A. To summarise data. B To display aspects of the collected data. C To summarise data and display aspects of the collected data. D To estimate characteristics of the popul ation.
Question 10
Multiple Choice
A politician who is running for the office of premier in a state with 1 million registered voters commissions a survey. In the survey, 52% of the 3000 registered voters interviewed say they plan to vote for her. The sample is the: