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

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  • The 2,200 customers represent a census.


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    1. What type of data is the number of litres of gasoline pumped by a filling station during a day?
      1. Qualitative
      2. Continuous
      3. Attribute
      4. Discrete


     
    1. What type of data is the projected return on an investment?
      1. Qualitative
      2. Continuous
      3. Attribute
      4. Discrete


     
    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.
      (iii) Quantitative variables can be further divided into discrete and continuous variables.
      1. (i), (ii) and (iii) are all correct statements.
      2. (i) and, (ii) are correct statements but not (iii).
      3. (i) and, (iii) are correct statements but not (ii).
      4. (ii) and, (iii) are correct statements but not (i).
      5. Only statement (ii) is true.


     
    1. What type of data is the number of robberies reported in your city?
      1. Attribute
      2. Continuous
      3. Discrete
      4. Qualitative


     
    1. A survey reports consumers' preferred brands of dish soap. What type of data is this called?
      1. Quantitative
      2. Continuous
      3. Discrete
      4. Qualitative


     
    1. Which of the following is an example of attribute data?
      1. Number of children in a family
      2. Weight of a person
      3. Colour of ink in a pen
      4. Miles between oil changes


     
    1. A survey reports consumers' preferred hair colour. What type of data is this called?
      1. Attribute or Qualitative
      2. Continuous
      3. Discrete
      4. Quantitative


     
    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.
      (iii) Quantitative variables can be further divided into discrete and continuous variables.
      1. (i), (ii) and (iii) are all correct statements.
      2. (i) and, (ii) are correct statements but not (iii).
      3. (i) and, (iii) are correct statements but not (ii).
      4. (ii) and, (iii) are correct statements but not (i).


     
    1. Your height and weight are examples of which type of random variable?
      1. Discrete
      2. Continuous
      3. Mutually exclusive
      4. Qualitative


     
    1. What type of data is the amount of income tax that you have paid?
      1. Mutually exhaustive
      2. Continuous
      3. Discrete
      4. Qualitative


     
    1. A market researcher is interested in determining the average income for families in York Region, Ontario. To accomplish this, he takes a random sample of 200 families from the region and uses the data gathered to estimate the average income for families of the entire region. This process is an example of:

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