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Dr. Gramling BUAL 2600 Final Exam Questions and Answers 2024/2025 $12.69   Add to cart

Exam (elaborations)

Dr. Gramling BUAL 2600 Final Exam Questions and Answers 2024/2025

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  • Course
  • BUAL 2600
  • Institution
  • BUAL 2600

A commercial shipping company operates a large fleet of trucks. The company needs to collect data on vehicle usage including acceleration, braking, and vehicle maintenance such as fluid levels. The datasourcing method needed to collect the data for this scenerio is sensor The dollar amount...

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  • October 15, 2024
  • 26
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BUAL 2600
  • BUAL 2600
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1 | P a g e | © copyright 2024/2025 | Grade A+




Dr. Gramling BUAL 2600 Final Exam
Questions and Answers 2024/2025
A commercial shipping company operates a large fleet of trucks. The

company needs to collect data on vehicle usage including acceleration,

braking, and vehicle maintenance such as fluid levels. The datasourcing

method needed to collect the data for this scenerio is


✓ sensor




The dollar amount on an accounts receivable invoice.


✓ quantitative




The net profit for a company in 2017.


✓ quantitative




The stock exchange on which a company's stock is traded.


✓ qualitative




The national debt of the United States in 2017.


✓ quantitative




Master01 | September, 2024/2025 | Latest update

, 1 | P a g e | © copyright 2024/2025 | Grade A+

The advertising medium (radio, television, or print) used to promote a

product.


✓ qualitative




T/F. A quantitative variable can also be referred to as a categorical variable.


✓ false




A(n) ________ variable is a qualitative variable such that there is no

meaningful ordering or ranking of the categories.


✓ nominal




An identification of police officers by rank would represent a(n) ________ level

of measurement.


✓ ordinal




A doctor's office needs to know how many of their services are used by their

patients during a one year time period. Before a patient leaves their office, a

summary report includes the date, the doctor they saw, the services

provided, and the total charge for each service. Which of the following

dataourcing methods best describes this data collection scenario?




Master01 | September, 2024/2025 | Latest update

, 1 | P a g e | © copyright 2024/2025 | Grade A+

✓ Point of Sale




A person's telephone area code is an example of a(n) ________ variable.


✓ nominal




A(n) ________ variable can have values that indicate into which of several

categories of a population it belongs.


✓ qualitative




T/F. Business analytics is a new field that does not use traditional statistics to

analyze big data.


✓ false, it does use traditional statistics




T/F. An example of a qualitative variable is the mileage of a car.


✓ False, quantitative




Ordinal/Nominal. Statistics course letter grade


✓ ordinal




ordinal/nominal. Door choice on Let's Make A Deal



Master01 | September, 2024/2025 | Latest update

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