- Published: September 11, 2022
- Updated: September 11, 2022
- University / College: UCL
- Language: English
- Downloads: 33
Quantitative Analysis for Business Final E Progress: (0/30)
- The main purpose of descriptive statistics is to A. summarize data in a useful and informative manner B. make inferences about a population C. determine if the data adequately represents the population D. gather or collect data
- The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called A. statistics B. descriptive statistics C. inferential statistics D. levels of measurement
- The performance of personal and business investments is measured as a percentage, return on investment. What type of variable is return on investment?
- A. Qualitative B. Continuous C. Attribute D. Discrete
- What type of variable is the number of robberies reported in your city? A. Attribute B. Continuous C. Discrete D. Qualitative
- What level of measurement is the number of auto accidents reported in a given month? A. Nominal B. Ordinal C. Interval D. Ratio
- The names of the positions in a corporation, such as chief operating officer or controller, are examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio
- Shoe sizes, such as 7B, 10D, and 12EEE, are examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio
- Monthly commissions of first-year insurance brokers are $1, 270, $1, 310, $1, 680, $1, 380, $1, 410, $1, 570, $1, 180, and $1, 420. These figures are referred to as A. a histogram B. raw data C. frequency distribution D. frequency polygon
- A small sample of computer operators shows monthly incomes of $1, 950, $1, 775, $2, 060, $1, 840, $1, 795, $1, 890, $1, 925, and $1, 810. What are these ungrouped numbers called? A. Histogram B. Class limits C. Class frequencies D. Raw data
- The sum of the deviations of each data value from this measure of central location will always be 0. A. Mode B. Mean C. Median D. Standard deviation