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

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  1. (i) Comparing temperatures from one period to another is looking at continuous ratio level data.
    (ii) Comparing temperatures form one period to another is looking at continuous, interval level data.
    (iii) Comparing temperatures from one period to another is interval level data because a temperature still exists when the temperature is zero degrees.
    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. A company was studying the demographics of their customers. As part of the study they collected the following variables: gender, marital status, credit rating (low, medium, high), annual income, and age.


 
  1. Label the variable gender as qualitative or quantitative, discrete or continuous, and nominal, ordinal, interval, or ratio.
    1. qualitative, discrete, nominal
    2. qualitative, continuous, ordinal
    3. quantitative, discrete, nominal
    4. quantitative, continuous, ratio


 
  1. Label the variable marital status as qualitative or quantitative, discrete or continuous, and nominal, ordinal, interval, or ratio.
    1. qualitative, discrete, nominal
    2. qualitative, continuous, ordinal
    3. quantitative, discrete, nominal
    4. quantitative, continuous, ratio


 
  1. Label the variable credit rating as qualitative or quantitative, discrete or continuous, and nominal, ordinal, interval, or ratio.
    1. qualitative, continuous, nominal
    2. qualitative, discrete, ordinal
    3. quantitative, discrete, nominal
    4. quantitative, continuous, ratio


 
  1. Label the variable annual income as qualitative or quantitative, discrete or continuous, and nominal, ordinal, interval, or ratio.
    1. qualitative, discrete, nominal
    2. qualitative, continuous, ordinal
    3. quantitative, discrete, nominal
    4. quantitative, continuous, ratio


 
  1. Label the variable age as qualitative or quantitative, discrete or continuous, and nominal, ordinal, interval, or ratio.
    1. qualitative, discrete, nominal
    2. qualitative, continuous, Ordinal
    3. quantitative, discrete, nominal
    4. quantitative, continuous, ratio


 
  1. Which two variables are considered to be continuous rather than discrete?
    1. gender and marital status
    2. age and credit rating
    3. gender and annual income
    4. annual income and age


 
  1. Which two variables are considered to be quantitative rather than qualitative?
    1. gender and marital status
    2. age and credit rating
    3. gender and annual income
    4. annual income and age


 
  1. Which three variables are considered to be qualitative rather than quantitative?
    1. gender, age and marital status
    2. annual income, age and credit rating
    3. credit rating, gender, and marital status
    4. gender, annual income, and age


 
  1. PlayTime Toys Inc. employs 50 people in the Assembly Department. Forty of the employees belong to a union and 10 do not. Five employees are selected at random to form a committee to meet with management regarding shift starting times.

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