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Test bank and solution manual of ch02 dscreiptive statistics (1)

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Test bank and solution manual of ch02 dscreiptive statistics (1)

CH 2 - Descriptive Statistics1. A quantity of interest that can take on different values is known as a(n)a. variable, c. sample. ANSWER.b. parameter.

Test bank and solution manual of ch02 dscreiptive statistics (1) d. observation. aRATIONALE:A characteristic or a quantity of interest that can take on different values is known as a variable.POINTS: DIFFICULTY: RE

FERENCES:1 Easy OVERVIEW OF USING DATA: DEFINITIONS AND GOALS. Page ISNATIONAL STANDARDS: United States • BUSPROG: Analytic skills - and DISC: Descrip Test bank and solution manual of ch02 dscreiptive statistics (1)

tive StatisticsKEYWORDS:Bloom's: Knowledge2. A set of values corresponding to a set of variables is defined as a(n)a.quantity.b. event.c. factor.d. ob

Test bank and solution manual of ch02 dscreiptive statistics (1)

servation.ANSWERdRATIONALE: POINTS: DIFFICULTY: REFERENCES: NATIONAL STANDARDS: KEYWORDS.An observation is a set of values corresponding to a set of v

CH 2 - Descriptive Statistics1. A quantity of interest that can take on different values is known as a(n)a. variable, c. sample. ANSWER.b. parameter.

Test bank and solution manual of ch02 dscreiptive statistics (1)oom's: Knowledge3. The difference in a variable measured over observations (time, customers. Items, etc.) is known as a. observed differences. b. vari

ation.c. variable change. ANSWER.d. descriptive analytics, bRATIONALE:Variation is the difference in a variable measured over observations (time, cust Test bank and solution manual of ch02 dscreiptive statistics (1)

omers, items, etc.).POINTS: DIFFICULTY: REFERENCES:1 Moderate OVERVIEW OF USING DATA: DEFINITIONS AND GOALS. Page ISNATIONAL STANDARDS: KEYWORDS.Unite

Test bank and solution manual of ch02 dscreiptive statistics (1)

d States • BUSPROG: Analytic skills - and DISC: Descriptive Statistics Bloom's: Knowledge4.act(s) as a representative of the population.a. The analyti

CH 2 - Descriptive Statistics1. A quantity of interest that can take on different values is known as a(n)a. variable, c. sample. ANSWER.b. parameter.

Test bank and solution manual of ch02 dscreiptive statistics (1)ative of the population.POINTS: DIFFICULTY: REFERENCES:1 Easy TYPES OF DATA. Page 20NATIONAL STANDARDS. United States - BUSPROG: Analytic skills - and

DISC: Descriptive StatisticsCopyright Cengage Learning Po/rereơ by CcgneroPage 1CH 2 - Descriptive StatisticsKEYWORDS:Bloom's: Knowledge5. The act of Test bank and solution manual of ch02 dscreiptive statistics (1)

collecting data that are representative of the population data is calleda. random sampling.b. sample data.c. population sampling. d. applications of

Test bank and solution manual of ch02 dscreiptive statistics (1)

business analytics.RATIONALE: POINTS: DIFFICULTY: REFERENCES:a A representative sample can be gathered by random sampling of the population data. 1 Ea

CH 2 - Descriptive Statistics1. A quantity of interest that can take on different values is known as a(n)a. variable, c. sample. ANSWER.b. parameter.

Test bank and solution manual of ch02 dscreiptive statistics (1)6. The letter grades of business analysis students is recorded by a professor (4=A. 3=B. 2=c. 1 =D). This variable'sclassification a. IS quantitative

data. c. is categorical data. ANSWER: RATIONALE: POINTS: DIFFICULTY REFERENCES:b. cannot be determined. d. is nominal data. c If arithmetic operations Test bank and solution manual of ch02 dscreiptive statistics (1)

cannot be performed on the data, they are considered categorical data. 1 Easy TYPES OF DATA. Page 20NATIONAL STANDARDS. United States - BUSPROG: Anal

Test bank and solution manual of ch02 dscreiptive statistics (1)

ytic skills - and DISC: Descriptive StatisticsKEYWORDS:Bloom's: Application7. The data on the time taken by 10 students in a class to complete an exam

CH 2 - Descriptive Statistics1. A quantity of interest that can take on different values is known as a(n)a. variable, c. sample. ANSWER.b. parameter.

CH 2 - Descriptive Statistics1. A quantity of interest that can take on different values is known as a(n)a. variable, c. sample. ANSWER.b. parameter.

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