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Test Bank For Basic Statistics for Business and Economics 6Th Canadian Edition By Linda $32.90   Add to cart

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Test Bank For Basic Statistics for Business and Economics 6Th Canadian Edition By Linda

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Chapter 03 - Describing Data: Numerical Measures Multiple Choice Questions Chapter 03 Describing Data: Numerical Measures 1. i. A value that is typical or representative of the data is referred to as a measure of central tendency. ii. The arithmetic mean is the sum of the observations divided b...

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  • September 27, 2023
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,Chapter 01 - What Is Statistics?


Chapter 01
What Is Statistics?




Multiple Choice Questions


1. The general process of gathering, organizing, summarizing, analyzing, and interpreting data
is called
A. Statistics.
B. Descriptive statistics.
C. Inferential statistics.
D. Levels of measurement.



Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-01 Explain why knowledge of statistics is important.
Topic: 01-03 What is Meant By Statistics?



2. The general process of analyzing, and interpreting data to assist in making more effective
decisions is called
A. Statistics.
B. Descriptive statistics.
C. Inferential statistics.
D. Levels of measurement.



Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-03 Differentiate between descriptive and inferential statistics.
Topic: 01-04 Types of Statistics
Topic: 01-06 Inferential Statistics




1-1

,Chapter 01 - What Is Statistics?



3. The general process of gathering, organizing, presenting, analyzing, and interpreting data to
assist in making more effective decisions is called
A. Statistics.
B. Descriptive statistics.
C. Inferential statistics.
D. Levels of measurement.



Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-01 Explain why knowledge of statistics is important.
Topic: 01-03 What is Meant By Statistics?



4. The general process of organizing, summarizing, and presenting data in an informative way
is called
A. Statistics.
B. Descriptive statistics.
C. Inferential statistics.
D. Levels of measurement.



Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-03 Differentiate between descriptive and inferential statistics.
Topic: 01-03 What is Meant By Statistics?
Topic: 01-05 Descriptive Statistics




1-2

, Chapter 01 - What Is Statistics?



5. (i) The general process of gathering, organizing, presenting, analyzing, and interpreting
data to assist in making more effective decisions is called
(ii) The general process of analyzing, and interpreting data to assist in making more effective
decisions is called
(iii) The entire set of individuals or objects of interest or the measurements obtained from all
individuals or objects of interest is called
A. (i) statistics, (ii) descriptive statistics, and (iii) a population.
B. (i) descriptive statistics, (ii) inferential statistics, and (iii) a sample.
C. (i) inferential statistics, (ii) descriptive statistics, and (iii) a population.
D. (i) statistics, (ii) descriptive statistics, and (iii) a sample.
E. (i) statistics, (ii) inferential statistics, and (iii) a population.



Accessibility: Keyboard Navigation
Difficulty: Hard
Learning Objective: 01-01 Explain why knowledge of statistics is important.
Learning Objective: 01-03 Differentiate between descriptive and inferential statistics.
Topic: 01-03 What is Meant By Statistics?
Topic: 01-06 Inferential Statistics



6. (i) The general process of gathering, organizing, presenting, analyzing, and interpreting
data to assist in making more effective decisions is called
(ii) The general process of analyzing, and interpreting data to assist in making more effective
decisions is called
(iii) The subset of individuals or objects of interest or the measurements obtained from all
individuals or objects of interest is called
A. (i) statistics, (ii) descriptive statistics, and (iii) a population.
B. (i) descriptive statistics, (ii) inferential statistics, and (iii) a sample.
C. (i) inferential statistics, (ii) descriptive statistics, and (iii) a population.
D. (i) statistics, (ii) inferential statistics, and (iii) a sample.
E. (i) statistics, (ii) inferential statistics, and (iii) a population.



Accessibility: Keyboard Navigation
Difficulty: Hard
Learning Objective: 01-01 Explain why knowledge of statistics is important.
Learning Objective: 01-03 Differentiate between descriptive and inferential statistics.
Topic: 01-03 What is Meant By Statistics?
Topic: 01-06 Inferential Statistics




1-3

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