Services
Discover
Homeschooling
Ask a Question
Log in
Sign up
Filters
Done
Question type:
Essay
Multiple Choice
Short Answer
True False
Matching
Topic
Statistics
Study Set
Basic Business Statistics Study Set 4
Quiz 1: Defining and Collecting Data
Path 4
Access For Free
Share
All types
Filters
Study Flashcards
Question 21
Multiple Choice
EXPLANATION: The rating is ordinal scale not an interval scale because the difference in rating between "excellent" and "good" does not have to be the same as the difference between "poor" and "terrible". KEYWORDS: ordinal scale, types of data -Referring to Scenario 1-1, the possible responses to the question "Out of a 100 point score with 100 being the highest and 0 being the lowest, what is your satisfaction level with the Blu-ray Player that you purchased?" result in
Question 22
True/False
True or False: The answer to the question "How do you rate the quality of your business statistics course" is an example of an ordinal scaled variable.
Question 23
Multiple Choice
EXPLANATION: The rating is ordinal scale not an interval scale because the difference in rating between "excellent" and "good" does not have to be the same as the difference between "poor" and "terrible". KEYWORDS: ordinal scale, types of data -Referring to Scenario 1-1, the possible responses to the question "What brand of Blu-ray player Did you purchase?" result in
Question 24
Essay
An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance.The distance a person drives in a year is an example of a _______ variable.
Question 25
Essay
An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance.The number of tickets a person has received in the last 3 years is an example of a _______ numerical variable.
Question 26
Multiple Choice
SCENARIO 1-1 The manager of the customer service division of a major consumer electronics company is interested in determining whether the customers who have purchased a Blu-ray player made by the company over the past 12 months are satisfied with their products. -Referring to Scenario 1-1, the possible responses to the question "How many people are there in Your household?" result in
Question 27
Multiple Choice
SCENARIO 1-1 The manager of the customer service division of a major consumer electronics company is interested in determining whether the customers who have purchased a Blu-ray player made by the company over the past 12 months are satisfied with their products. -Referring to Scenario 1-1, the possible responses to the question "How would you rate the quality Of your purchase experience with 1 = excellent, 2 = good, 3 = decent, 4 = poor, 5 = terrible?" Result in
Question 28
True/False
True or False: A continuous variable may take on any value within its relevant range even though the measurement device may not be precise enough to record it.
Question 29
True/False
True or False: The answer to the question "What is your sleeping bag temperature rating?" is an example of a ratio scaled variable.
Question 30
True/False
True or False: Student grades (A to F)are an example of continuous numerical data.
Question 31
True/False
True or False: The possible responses to the question "How many times in the past three months have you visited a city park?" are values from a discrete variable.
Question 32
True/False
True or False: The amount of coffee consumed by an individual in a day is an example of a discrete numerical variable.
Question 33
Essay
An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance.A person's age is an example of a _______ numerical variable.
Question 34
True/False
True or False: The answer to the question "How many hours on average do you spend watching TV every week?" is an example of a ratio scaled variable.
Question 35
True/False
True or False: The answer to the question "What is your favorite color?" is an example of an ordinal scaled variable.
Question 36
True/False
True or False: The possible responses to the question "How long have you been living at your current residence?" are values from a continuous variable.
Question 37
Essay
An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance.The number of claims a person has made in the last 3 years is an example of a _______ numerical variable.
Question 38
Essay
An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance.How long a person has been a licensed driver is an example of a _______ numerical variable.