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Test Bank For Essentials of Modern Business Statistics 5th Edition David R Anderson
Test Bank For Essentials of Modern Business Statistics 5th Edition David R Anderson
Anderson
10. In a data set, the number of observations will always be the same as the number of
a. variables
b. elements
c. data sets
d. data
ANS: B PTS: 1
12. When the data are labels or names used to identify an attribute of the elements, the variable has which
scale of measurement?
a. nominal
b. ordinal
c. interval
d. ratio
ANS: A PTS: 1
13. When the data are labels or names used to identify an attribute of the elements and the rank of the data
is meaningful, the variable has which scale of measurement?
a. nominal
b. ordinal
c. interval
d. ratio
ANS: B PTS: 1
14. When the data have the properties of ordinal data and the interval between observations is expressed in
terms of a fixed unit of measure, the variable has which scale of measurement?
a. nominal
b. ordinal
c. interval
d. ratio
ANS: C PTS: 1
15. When the data have the properties of interval data and the ratio of two values is meaningful, the
variable has which scale of measurement?
a. nominal
b. ordinal
c. interval
d. ratio
ANS: D PTS: 1
17. Which of the following variables use the interval scale of measurement?
a. name of stock exchange
b. time
c. SAT scores
d. Social Security number
ANS: C PTS: 1
18. Which of the following variables use the ratio scale of measurement?
a. name of stock exchange
b. time
c. SAT scores
d. Social Security number
ANS: B PTS: 1
24. In a questionnaire, respondents are asked to mark their gender as male or female. Gender is an
example of a
a. categorical variable
b. quantitative variable
c. categorical or quantitative variable, depending on how the respondents answered the
question
d. ratio variable
ANS: A PTS: 1
25. In a questionnaire, respondents are asked to record their age in years. Age is an example of a
a. categorical variable
b. quantitative variable
c. categorical or quantitative variable, depending on how the respondents answered the
question
d. ratio variable
ANS: B PTS: 1
26. In an application for a credit card, potential customers are asked for their social security numbers. A
social security number is an example of a
a. categorical variable
b. quantitative variable
c. categorical or quantitative variable, depending on how the respondents answered the
question
d. ratio variable
ANS: A PTS: 1
28. For ease of data entry into a university database, 1 denotes that the student is an undergraduate and 2
indicates that the student is a graduate student. In this case data are
a. categorical
b. quantitative
c. either categorical or quantitative
d. neither categorical nor quantitative
ANS: A PTS: 1
32. The profits earned by a particular Fortune 500 company, measured in millions of dollars, is an
example of
a. categorical data
b. either categorical or quantitative data
c. neither categorical nor quantitative data
d. quantitative data
ANS: D PTS: 1
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