Test Bank For Fundamentals of Business Statistics International 6th Edition by Dennis J. Sweeney

Test Bank For Fundamentals of Business Statistics International 6th Edition by Dennis J. Sweeney

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Edition: 6th Edition

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Resource Type: Test bank

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Test Bank For Fundamentals of Business Statistics International 6th Edition

CHAPTER 1—DATA AND STATISTICS

MULTIPLE CHOICE

  1. 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:  D                    PTS:   1                    TOP:   Descriptive Statistics

  1. The process of capturing, storing, and maintaining data is known as
a. data manipulation
b. data monitoring
c. data warehousing
d. category analysis

ANS:  C                    PTS:   1                    TOP:   Descriptive Statistics

  1. 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:  A                    PTS:   1                    TOP:   Descriptive Statistics

  1. 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:  B                    PTS:   1                    TOP:   Descriptive Statistics

  1. 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:  D                    PTS:   1                    TOP:   Descriptive Statistics

  1. 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:  B                    PTS:   1                    TOP:   Descriptive Statistics

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