# Test Bank For Fundamentals of Business Statistics International 6th Edition

**CHAPTER 1â€”DATA AND STATISTICS**

**MULTIPLE CHOICE**

- Methods for developing useful decision-making information from large data bases is known as

a. | data manipulation |

b. | data monitoring |

c. | data base conversion |

d. | data mining |

**ANS:Â D**Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â PTS:Â Â 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â TOP:Â Â Descriptive Statistics

- The process of capturing, storing, and maintaining data is known as

a. | data manipulation |

b. | data monitoring |

c. | data warehousing |

d. | category analysis |

**ANS:Â CÂ **Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â PTS:Â Â 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â TOP:Â Â Descriptive Statistics

- The subject of
**data mining**deals with

a. | methods for developing useful decision-making information from large data bases |

b. | keeping data secure so that unauthorized individuals cannot access the data |

c. | computational procedure for data analysis |

d. | computing the average for data |

**ANS:Â A**Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â PTS:Â Â 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â TOP:Â Â Descriptive Statistics

- In a questionnaire, respondents are asked to mark their gender as male or female. Gender is an example of the

a. | ordinal scale |

b. | nominal scale |

c. | ratio scale |

d. | interval scale |

**ANS:Â BÂ Â Â **Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â PTS:Â Â 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â TOP:Â Â Descriptive Statistics

- The nominal scale of measurement has the properties of the

a. | ordinal scale |

b. | only interval scale |

c. | ratio scale |

d. | None of these alternatives is correct. |

**ANS:Â DÂ Â **Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â PTS:Â Â 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â TOP:Â Â Descriptive Statistics

- The scale of measurement that is used to rank order the observation for a variable is called the

a. | ratio scale |

b. | ordinal scale |

c. | nominal scale |

d. | interval scale |

**ANS:Â BÂ Â **Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â PTS:Â Â 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â TOP:Â Â Descriptive Statistics