Anderson Test Bank - Statistics for Business and Economics Revised 1...

CH 01 - Data and Statistics

Statistics for Business and Economics Revised 13th Edition Anderson Test Bank

Multiple Choice

• Different methods of developing useful information from large data bases are dealt with under

• data manipulation.
• data warehousing.
• big data.
• data mining.

ANSWER: d

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.07 - Big Data and Data Mining

NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: KEYWORDS: Bloom's: Remember

• The process of capturing, storing, and maintaining data is known as
• data manipulation.
• data mining.
• data warehousing.
• big data.

ANSWER: c

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.07 - Big Data and Data Mining

NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: KEYWORDS: Bloom's: Remember

• The subject of data mining deals with
• methods for developing useful decision-making information from large data bases.
• keeping data secure so that unauthorized individuals cannot access the data.
• computational procedure for data analysis.
• computing the average for data.

ANSWER: a

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.07 - Big Data and Data Mining

NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: 1 / 4

CH 01 - Data and Statistics

KEYWORDS: Bloom's: Remember

• In a questionnaire, respondents are asked to mark their gender as male or female. The scale of measurement for gender

is

• ordinal scale.
• nominal scale.
• ratio scale.
• interval scale.

ANSWER: b

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.02 - Data

NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: KEYWORDS: Bloom's: Understand

• The scale of measurement that is used to rank order the observation for a variable is called the
• ratio scale.
• ordinal scale.
• nominal scale.
• interval scale.

ANSWER: b

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.02 - Data

NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: KEYWORDS: Bloom's: Remember

• Some hotels ask their guests to rate the hotel's services as excellent, very good, good, and poor. This is an example of

the

• ordinal scale.
• ratio scale.
• nominal scale.
• interval scale.

ANSWER: a

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.02 - Data

NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: KEYWORDS: Bloom's: Understand

• The data measured on ordinal scale exhibits all the properties of data measured on
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CH 01 - Data and Statistics

• ratio scale.
• interval scale.
• nominal scale.

• nominal and interval scales.

ANSWER: c

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.02 - Data

NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: KEYWORDS: Bloom's: Remember

• Temperature is an example of a variable that uses
• the ratio scale.
• the interval scale.
• the ordinal scale.
• either the ratio or the ordinal scale.

ANSWER: b

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.02 - Data

NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: KEYWORDS: Bloom's: Understand

• Arithmetic operations provide meaningful results for variables that
• use any scale of measurement except nominal.
• appear as non-numerical values.
• are quantitative.
• have non-negative values.

ANSWER: c

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.02 - Data

NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: KEYWORDS: Bloom's: Understand

• Income is an example of a variable that uses the
• ratio scale.
• interval scale.
• nominal scale.
• ordinal scale.

ANSWER: a 3 / 4

CH 01 - Data and Statistics

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.02 - Data

NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: KEYWORDS: Bloom's: Understand

• Data measured a nominal scale
• must be alphabetic.
• can be either numeric or nonnumeric.
• must be numeric.
• must rank order the data.

ANSWER: b

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.02 - Data

NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: KEYWORDS: Bloom's: Remember

• The scale of measurement that has an inherent zero value defined is the
• ratio scale.
• nominal scale.
• ordinal scale.
• interval scale.

ANSWER: a

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.02 - Data

NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: KEYWORDS: Bloom's: Understand

• The measurement scale suitable for quantitative data is

• ordinal scale.
• nominal scale.
• either interval or ratio scale.
• only interval scale.

ANSWER: c

POINTS: 1

DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.01.02 - Data

NATIONAL STANDARDS: United States - BUSPROG: Analytic

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