Measurement and Nominal B. Ordinal

Quantitative Analysis for Business Final E Progress (0/30) 1) The main purpose of descriptive statistics is to A. summarize selective information in a useful and instructive manner B. make inferences about a population C. determine if the data adequately represents the population D. garner or collect data 2) The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called A. statistics B. descriptive statistics C. inferential statistics D. levels of amount 3) The performance of personal and business investments is measured as a percentage, return on investment. What type of versatile is return on investment?A. Qualitative B. Continuous C. Attribute D. Discrete 4) What type of variable is the design of robberies reported in your city? A. Attribute B. Continuous C. Discrete D. Qualitative 5) What level of measurement is the derive of auto accidents reported in a given month? A. Nominal B. Ordinal C. Interval D. symmetry 6) The names of the po sitions in a corporation, such as chief operating officer or controller, argon examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio 7) Shoe sizes, such as 7B, 10D, and 12EEE, atomic number 18 examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio ) Monthly commissions of first-year insurance brokers are $1,270, $1,310, $1,680, $1,380, $1,410, $1,570, $1,180, and $1,420. These figures are referred to as A. a histogram B. raw data C. frequency distribution D. frequency polygon 9) A small sample of computer operators shows monthly incomes of $1,950, $1,775, $2,060, $1,840, $1,795, $1,890, $1,925, and $1,810. What are these ungrouped numbers called? A. Histogram B. Class limits C. Class frequencies D. Raw data 10) The sum of the deviations of each data value from this measure of central location will always be 0. A. Mode B. Mean C. Median D. Standard deviation