Test Bank For Fundamentals of Business Statistics International 6th Edition
CHAPTER 1—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 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 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 AÂ 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
