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Statistics for Managers Using Microsoft Excel 9th Global Edition by David Levine Test bank

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  1. Referring to Scenario 1-1, the possible responses to the question "How many Blu-ray players made by other manufacturers have you used?" are values from a
    1. discrete variable.
    2. continuous variable.
    3. categorical variable.
    4. table of random numbers.
ANSWER:
a
TYPE: MC DIFFICULTY: Easy
KEYWORDS: discrete variable, types of data
 
  1. Referring to Scenario 1-1, the possible responses to the question "Are you happy, indifferent, or unhappy with the performance per dollar spent on the Blu-ray player?" are values from a
    1. discrete numerical variable.
    2. continuous numerical variable.
    3. categorical variable.
    4. table of random numbers.
ANSWER:
c
TYPE: MC DIFFICULTY: Easy
KEYWORDS: categorical variable, types of data
  1. Referring to Scenario 1-1, the possible responses to the question "What is your annual income rounded to the nearest thousands?" are values from a
    1. discrete numerical variable.
    2. continuous numerical variable.
    3. categorical variable.
    4. table of random numbers.
ANSWER:
a
TYPE: MC DIFFICULTY: Difficult
KEYWORDS: discrete variable, types of data
EXPLANATION: Even though money is usually considered as a continuous variable, it should be considered as a discrete variable when rounded to the nearest thousands.
 
 
  1. Referring to Scenario 1-1, the possible responses to the question "How much time do you use the Blu-ray player every week on the average?" are values from a
    1. discrete numerical variable.
    2. continuous numerical variable.
    3. categorical variable.
    4. table of random numbers.
ANSWER:
b
TYPE: MC DIFFICULTY: Easy
KEYWORDS: continuous variable, types of data
 
  1. Referring to Scenario 1-1, the possible responses to the question "How many people are there in your household?" are values from a
    1. discrete numerical variable.
    2. continuous numerical variable.
    3. categorical variable.
    4. table of random numbers.
ANSWER:
a
TYPE: MC DIFFICULTY: Easy
KEYWORDS: discrete variable, types of data
 
  1. Referring to Scenario 1-1, the possible responses to the question "How would you rate the quality of your purchase experience with 1 = excellent, 2 = good, 3 = decent, 4 = poor, 5 = terrible?" are values from a
    1. discrete numerical variable.
    2. continuous numerical variable.
    3. categorical variable.
    4. table of random numbers.
ANSWER:
c
TYPE: MC DIFFICULTY: Easy
KEYWORDS: categorical variable, types of data
  1. Referring to Scenario 1-1, the possible responses to the question "What brand of Blu-ray player did you purchase?" are values from a
    1. discrete numerical variable.
    2. continuous numerical variable.
    3. categorical variable.
    4. table of random numbers.
ANSWER:
c
TYPE: MC DIFFICULTY: Easy
KEYWORDS: categorical variable, types of data
 
 
  1. Referring to Scenario 1-1, the possible responses to the question "Out of a 100-point score with 100 being the highest and 0 being the lowest, what is your satisfaction level on the videocassette recorder that you purchased?" are values from a
    1. discrete numerical variable.
    2. continuous numerical variable.

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