A) nominal
B) ordinal
C) interval
D) ratio
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verified
True/False
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verified
Essay
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verified
View Answer
Multiple Choice
A) It can be eliminated by increasing the sample size.
B) It cannot be eliminated by any statistical sampling method.
C) It can be eliminated by using Excel's =RANDBETWEEN() function.
D) It can be eliminated by utilizing systematic random sampling.
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True/False
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verified
Multiple Choice
A) more than two observations.
B) more than two categorical variables.
C) more than two variables.
D) more than two levels of measurement.
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True/False
Correct Answer
verified
True/False
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verified
True/False
Correct Answer
verified
Multiple Choice
A) Nominal
B) Ordinal
C) Interval
D) Ratio
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True/False
Correct Answer
verified
True/False
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Multiple Choice
A) It is less intrusive on customers' privacy.
B) It does not require random numbers.
C) It gives faster results.
D) It can give more accurate results.
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Multiple Choice
A) Selecting every fifth shopper arriving at a store will approximate a random sample of shoppers.
B) Selecting only shoppers who drive SUVs is a stratified sampling method.
C) A census is preferable to a sample for most business problems.
D) Stratified samples are usually cheaper than other methods.
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Essay
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True/False
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Multiple Choice
A) the sample size is very large.
B) the population is small compared to the sample.
C) distinguishable strata can be identified in the populations.
D) the population is spread out geographically.
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True/False
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Multiple Choice
A) Categorical data have values that are described by words rather than numbers.
B) Categorical data are also referred to as nominal or qualitative data.
C) The number of checks processed at a bank in a day is categorical data.
D) Numerical data can be either discrete or continuous.
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Multiple Choice
A) The brand of jeans you usually wear
B) The price you paid for your last pair of jeans
C) The distance to the store where you purchased your last pair of jeans
D) The number of pairs of jeans that you own
Correct Answer
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