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Basic Statistics For Business And Economics 7th Canadian Edition By Douglas A. Lind Test bank

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Student name:__________
  1. The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called:
    1. Statistics.
    2. Descriptive statistics.
    3. Inferential statistics.
    4. Levels of measurement.


 
  1. The general process of analyzing, and interpreting data to assist in making more effective decisions is called:
    1. Statistics.
    2. Descriptive statistics.
    3. Inferential statistics.
    4. Levels of measurement.


 
  1. The general process of gathering, organizing, presenting, analyzing, and interpreting data to assist in making more effective decisions is called:
    1. Statistics.
    2. Descriptive statistics.
    3. Inferential statistics.
    4. Levels of measurement.


 
  1. The general process of organizing, summarizing, and presenting data in an informative way is called:
    1. Statistics.
    2. Descriptive statistics.
    3. Inferential statistics.
    4. Levels of measurement.


 
  1. (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:
    1. (i) statistics, (ii) descriptive statistics, and (iii) a population.
    2. (i) descriptive statistics, (ii) inferential statistics, and (iii) a sample.
    3. (i) inferential statistics, (ii) descriptive statistics, and (iii) a population.
    4. (i) statistics, (ii) descriptive statistics, and (iii) a sample.
    5. (i) statistics, (ii) inferential statistics, and (iii) a population.


 
  1. (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:
    1. (i) statistics, (ii) descriptive statistics, and (iii) a population.
    2. (i) descriptive statistics, (ii) inferential statistics, and (iii) a sample.
    3. (i) inferential statistics, (ii) descriptive statistics, and (iii) a population.
    4. (i) statistics, (ii) inferential statistics, and (iii) a sample.
    5. (i) statistics, (ii) inferential statistics, and (iii) a population.


 
  1. (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) If we test a small number of light bulbs from a large group, the small group is called a:
    1. (i) statistics, (ii) descriptive statistics, and (iii) a population.
    2. (i) descriptive statistics, (ii) inferential statistics, and (iii) a sample.
    3. (i) inferential statistics, (ii) descriptive statistics, and (iii) a population.
    4. (i) statistics, (ii) inferential statistics, and (iii) a sample.
    5. (i) statistics, (ii) inferential statistics, and (iii) a population.


 
  1. (i) There are two types of variables-quantitative and qualitative.
    (ii) A Qualitative variable is nonnumeric and we are usually interested in the number or percent of the observations from each category.

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