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IntroductiontoStatistics
1
2ChapterOne
E A. sample
Term B. parameter
C. statistic
D. population
E A. parameter
Term B. sample
C. population
D. statistic
2
Chapter1:IntroductiontoStatistics 3
B 3. 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 for distribution to all of Planos
954 customers. For this study, the set of 954 customers is a
________________.
E A. statistic
BApp B. population
C. parameter
D. sample
E A. statistic
BApp B. population
C. parameter
D. sample
E A. statistic
BApp B. sample
C. population
D. parameter
E A. statistic
BApp B. sample
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C. population
D. parameter
A 7. Abel Alonzo, Director of Human Resources, is exploring the
causes of employee absenteeism at Batesville Bottling during
the last operating year (January 1, 1999 through December 31,
1999). For this study, the set of all employees who worked at
Batesville Bottling during the last operating year is a
________________.
E A. population
BApp B. sample
C. statistic
D. parameter
E A. population
BApp B. sample
C. parameter
D. statistic
B 9. When a person collects information from the entire population,
this is called a _______.
E A. sample
Term B. census
C. statistic
D. parameter
M A. sample statistics
Term B. population parameters
C. descriptive measures
D. inferential statistics
M A. ~
Term B. #
C.
D.
Chapter1:IntroductiontoStatistics 7
A 20. Sue Taylor, Director of Global Industrial Sales, is concerned by a
deteriorating sales trend. Specifically, the number of 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
surveying all 1,500 industrial customers. One question on the
survey asked the customers to rate Merchandise is delivered on
time on a scale of 1 to 5, with 1 meaning never and 5
meaning always. The average response of the 1,500
customers to this question is a _________________.
M A. parameter
BApp B. population
C. sample
D. statistic
M A. population
BApp B. sample
C. parameter
D. statistic
M A.
Term B. #
C. ~
D.
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D 23. 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, 1999 to determine the percentage of irregular
vouchers." The percentage which Pinky ordered is a
__________________.
M A. sample statistic
BApp B. sample parameter
C. sorted order
D. population parameter
M A. Greek letters
Term B. Roman letters
C. ordinal data
D. interval data
M A. S
Term B. ~
C.
D.
M A. parameter
BApp B. population
C. sample
D. statistic
Chapter1:IntroductiontoStatistics 9
A 27. 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, 1999 and a calculation of the percentage of irregular vouches
in this group." The percentage which Pinky ordered is a
__________________.
M A. sample statistic
BApp B. sample parameter
C. sorted order
D. population parameter
M A. population
BApp B. sample
C. parameter
D. statistic
E A. interval level
Term B. ordinal level
C. nominal level
D. ratio level
M A. addition
Term B. multiplication
C. ranking
D. counting
E A. interval level
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Term B. ordinal level
C. nominal level
D. ratio level
E A. interval level
Term B. ordinal level
C. nominal level
D. ratio level
E A. nominal level
BApp B. ordinal level
C. interval level
D. ratio level
E A. nominal level
BApp B. ordinal level
C. interval level
D. ratio level
M A. addition
Term B. multiplication
C. ranking
D. counting
Chapter1:IntroductiontoStatistics 11
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B 36. Sue Taylor, Director of Global Industrial Sales, is concerned by a
deteriorating sales trend. Specifically, the number of 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
surveying all 1,500 industrial customers. One question on the
survey asked the customers How many people does your
company employ: a. 0 - 25, b. 26 - 100, c. 101 - 1000, d.
1001+. The measurement level for this question is __________.
E A. nominal level
BApp B. ordinal level
C. interval level
D. ratio level
C 37. A consumer has been asked to rank five cars based upon their
desirability. This level of measurement is _______.
M A. nominal
BApp B. ratio
C. ordinal
D. interval
E A. nominal
BApp B. ratio
C. ordinal
D. interval
E A. nominal
Term B. ordinal
C. interval
D. ratio
Chapter1:IntroductiontoStatistics 13
A 40. A person has decided to code a particular set of sales data. A
value of 0 is assigned if the sales occurred on a weekday, and a
value of 1 means it happened on a weekend. This is an example
of _______.
M A. nominal
BApp B. ordinal
C. interval
D. ratio
E A. nominal
BApp B. ordinal
C. interval
D. ratio
M A. nominal
BApp B. ordinal
C. interval
D. ratio
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Chapter1:IntroductiontoStatistics 15
D 45. Grades on a test range from 0 to 100. This level of data is
_______.
E A. nominal
App B. ordinal
C. interval
D. ratio
C 46. If it were not for the existence of an "absolute zero," ratio data
would be considered the same as _______.
E A. nominal
Term B. ordinal
C. interval
D. descriptive data
M A. nominal
App B. ordinal
C. interval
D. ratio
M A. descriptive statistics
Term B. inferential statistics
C. population derivation
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D. sample persuasion
B 51. A student makes an 82 on the first test in a statistics course.
From this, she assumes that her average at the end of the
semester (after other tests) will be about 82. This is an example
of _______.
M A. descriptive statistics
App B. inferential statistics
C. nonparametric statistics
D. wishful thinking
M A. descriptive statistics
BApp B. nonparametric statistics
C. inferential statistics
D. nominal data
M A. nonparametric statistics
BApp B. nominal data
C. descriptive statistics
D. inferential statistics
H A. nonparametric statistics
BApp B. nominal data
C. descriptive statistics
D. inferential statistics
Chapter1:IntroductiontoStatistics 17
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B 55. A new sales person is paid a commission on each sale. This
person made $2,000 his first month on the job. From this he
concludes that he will make $24,000 during his first year. This is
an example of _______.
E A. descriptive statistics
BApp B. inferential statistics
C. nonparametric statistics
D. nominal data
E A. descriptive statistics
App B. inferential statistics
C. nonparametric statistics
D. nominal data
H A. descriptive statistics
BApp B. inferential statistics
C. intermediate statistics
D. a census
M A. descriptive statistics
BApp B. inferential statistics
C. company-wide statistics
D. locale-specific statistics
Chapter1:IntroductiontoStatistics 19
D 59. The Magnolia Swimming Pool Company wants to determine the
average number of years it takes before a major repair is
required on one of the pools that the company constructs. The
president of the company asks Rick Johnson, a company
accountant, to randomly contact fifty families that built Magnolia
pools in the past ten years and determine how long it was in
each case until a major repair. The information will then be used
to estimate the average number of years until a major repair for
all pools sold by Magnolia. The average based on the data
gathered from the fifty families can best be described as a
_______.
M A. sample
BApp B. population
C. parameter
D. statistic
M A. sample
BApp B. population
C. parameter
D. statistic
M A. sample
App B. population
C. parameter
D. statistic
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D 62. A researcher wants to know what the average variation is in
altimeters of small, privately owned airplanes. The task of
determining this is expensive and time consuming, if even
possible, given the large number of such airplanes. The
researcher decides to use government records to randomly
locate the owners of ten such planes and then get permission to
test the altimeters. When the researcher is done, he will use the
data gathered from the group of ten to reach conclusions about
all small, privately owned airplanes. This process can best be
described as _______.
H A. data statistics
App B. research statistics
C. descriptive statistics
D. inferential statistics
H A. measurements
App B. data
C. statistics
D. parameters.
M A. nominal
BApp B. ordinal
C. ratio
D. interval
Chapter1:IntroductiontoStatistics 21
B 65. During the Valentine's season, different offices in a company are
encouraged to decorate their doors. A committee then goes
around and ranks the doors according to how well decorated
they are. The best door gets a ranking of one, the second best
gets a ranking of two, etc. The numbers of these rankings
represent which level of data?
M A. interval
BApp B. ordinal
C. nominal
D. ratio
M A. ratio
BApp B. nominal
C. ordinal
D. interval
E A. interval
BApp B. nominal
C. ordinal
D. ratio
22 TestBank
C 68. A marketing survey is conducted to ascertain the potentiality of
several new products. A series of focus groups is used to
conduct this survey. At the end of one of the sessions, the group
members are asked to rank the remaining eight products in
order of desirability. A one indicates the most favored product
and an eight is awarded to the least desirable. The numbers are
examples of what level of data?
M A. ratio
BApp B. interval
C. ordinal
D. nominal
M A. nominal
BApp B. ordinal
C. interval
D. ratio
E A. nominal
BApp B. ordinal
C. interval
D. ratio
E A. nominal
BApp B. ordinal
C. interval
D. ratio
Chapter1:IntroductiontoStatistics 23
M A. ratio
BApp B. interval
C. ordinal
D. nominal
M A. ratio
BApp B. interval
C. ordinal
D. nominal
E A. interval
App B. nominal
C. ordinal
D. ratio
E A. nominal
App B. ordinal
C. interval
D. ratio
24 TestBank
B 76. At many universities, students are assigned a grade of A, B, C,
D, or F at the completion of each course. These letter grades
are translated to 4, 3, 2, 1, and 0 grade (quality) points,
respectively. The level of data measurement is ____________.
M A. nominal
App B. ordinal
C. interval
D. ratio
E A. ratio
BApp B. interval
C. ordinal
D. nominal
H A. ratio
BApp B. interval
C. ordinal
D. nominal
C 79. Most evening news weather reports in the United States still use
Fahrenheit temperature readings to convey the warmth of the air
in various locations across the country. These Fahrenheit
temperature readings would most likely be categorized as what
level of data?
M A. ordinal
App B. ratio
C. interval
D. nominal
Chapter1:IntroductiontoStatistics 25
D 80. Suppose you want to monitor the success or failure of a day
trader in the stock market. To do this, you assume that the
trader starts the day with zero earnings. At the end of the day
you determine how many dollars the trader or lost at the end of
the day. These dollar measurements are most likely which level
of data?
M A. unit
BApp B. nominal
C. ordinal
D. interval
A 81. At the Olympics, the first three places in each event are awarded
a medal. The winner of an event is awarded a 1 to represent
first place, the runner-up is awarded a 2, and the third place
finisher is awarded a 3. These numbers, 1, 2, and 3 are what
level of data measurement?
E A. ordinal
App B. nominal
C. ratio
D. interval
E A. interval
Term B. ratio
C. nominal
D. ordinal
D 83. Which type of statistics require that the data be at least interval
or ratio level data?
M A. inferential statistics
Term B. descriptive statistics
C. nonparametric statistics
D. parametric statistics
B 84. Nominal and ordinal data are sometimes classified as _______.
H A. metric data
Term B. nonmetric data
C. descriptive data
D. inferential data
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D 85. Which of the levels of data measurement have the highest
usage potential? That is, if you have this level of data, you can
analyze it in more ways than with other levels of data?
E A. nominal
Term B. ordinal
C. interval
D. ratio
Meaning
Best quality
High quality
Higher medium quality
Lower medium quality
Possess speculative elements
Lack characteristics of desirable
investment
Poor standing
Speculative in a high degree
Extremely poor prospects
The level of data measurement in Moody's bond ratings is
______________.
M A. ratio
BApp B. interval
C. ordinal
D. nominal
Chapter1:IntroductiontoStatistics 27
B 87. Standard & Poor's Corporation uses nine ratings of corporate
bonds to assist potential investors assess their risk.
Meaning
AAA Highest grade
AA High grade
A Upper medium quality
BBB Medium grade
BB Lower Medium grade
B Speculative
CCC Outright speculations
CC Outright speculations
C Income bonds on which no interest is being paid
DDD In default, with rating indicating relative salvage
value
DD In default, with rating indicating relative salvage
value
D In default, with rating indicating relative salvage
value
The level of data measurement in Standard & Poor's bond
ratings is ______________.
M A. ratio
BApp B. ordinal
C. interval
D. nominal
D 88. Mac User's magazine rates products for the Apple Macintosh on
a scale from one mouse to five mice. One mouse indicates low
value/performance. Five mice indicate highest
value/performance.
M A. nominal
App B. interval
C. ratio
D. ordinal
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D 89. During a strategy planning session, the executives of Plano
Power Plants, Inc. identified thirty-one significant threats to the
future health of the corporation. Toward the end of the session,
Paul Pearson, a management consultant, asked the executives to
rate each threat on a scale of M to MMMMM. The level of
data measurement in Paul's threat rating is ______________.
M A. nominal
BApp B. interval
C. ratio
D. ordinal
A 90. The RSACi system uses five levels (0, 1, 2, 3, and 4) to provide consumers with
information about the level of sex, nudity, violence, offensive language (vulgar or
hate-motivated) in Web sites. A level 4 site may have crude,
vulgar language, or extreme hate speech; while a level 0 site
would not have even the mildest expletives. The level of data
measurement in RSACi rating system is ______.
M A. ordinal
BApp B. interval
C. ratio
D. nominal
B 91. The ranking of a company in the Fortune 500 is an example of ______ level of
data measurement.
M A. ratio
BApp B. ordinal
C. categorical
D. nominal
D 92. A company's Federal Tax I.D. is an example of ______ level of data measurement.
M A. ratio
BApp B. ordinal
C. rank order
D. nominal
A 93. The United States trade balance is an example of ______ level of data
measurement.
M A. ratio
BApp B. ordinal
C. rank order
Chapter1:IntroductiontoStatistics 29
D. nominal
D 94. The telephone area code of clients in the United States is an example of ______
level of data measurement.
M A. ratio
BApp B. ordinal
C. rank order
D. nominal
M A. ratio
BApp B. interval
C. rank order
D. nominal
A 96. Per capita income for a geographic region is calculated by the number of people
residing in the region into the total personal income of all persons residing in the
region. Per capita income is an example of ______ level of data measurement.
M A. ratio
BApp B. ordinal
C. interval
D. nominal
M A. nominal
BApp B. ordinal
C. ratio
D. interval
M A.
Term B. @
C. &
D.
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