CHAPTER ONE HOMEWORK
- True or False
- The type of TV one owns is an example of an ordinal scaled variable.
- Whether the university is private or public is an example of a nominal scaled variable.
- Marital status is an example of a numerical variable.
- Multiple choices
- The process of using sample statistics to draw conclusions about true population parameters is called
- statistical inference.
- the scientific method.
- descriptive statistics.
- Those methods involving the collection, presentation, and characterization of a set of data in order to properly describe the various features of that set of data are called
- statistical inference.
- the scientific method.
- descriptive statistics.
- The universe or “totality of items or things” under consideration is called
- a sample.
- a population.
- a parameter.
- a statistic.
- The portion of the universe that has been selected for analysis is called
- a sample.
- a frame.
- a parameter.
- a statistic.
- A summary measure that is computed to describe a characteristic from only a sample of the population is called
- a parameter.
- a census.
- a statistic.
- the scientific method.
- A summary measure that is computed to describe a characteristic of an entire population is called
- a parameter.
- a census.
- a statistic.
- the scientific method.
- Which of the following is most likely a population as opposed to a sample?
- respondents to a newspaper survey
- the first 5 students completing an assignment
- every third person to arrive at the bank
- registered voters in a county
- Which of the following is most likely a parameter as opposed to a statistic?
- the average score of the first five students completing an assignment
- the proportion of females registered to vote in a county
- the average height of people randomly selected from a database
- the proportion of trucks stopped yesterday that were cited for bad brakes
- Most analysts focus on the cost of tuition as the way to measure the cost of a college education. But incidentals, such as textbook costs, are rarely considered. A researcher at Drummand University wishes to estimate the textbook costs of first-year students at Drummand. To do so, she monitored the textbook cost of 250 first-year students and found that their average textbook cost was $300 per semester. Identify the population of interest to the researcher.
- all Drummand University students
- all college students
- all first-year Drummand University students
- the 250 students that were monitored
- Most analysts focus on the cost of tuition as the way to measure the cost of a college education. But incidentals, such as textbook costs, are rarely considered. A researcher at Drummand University wishes to estimate the textbook costs of first-year students at Drummand. To do so, she monitored the textbook cost of 250 first-year students and found that their average textbook cost was $300 per semester. Identify the variable of interest to the researcher
- the textbook cost of first-year Drummand University students
- the year in school of Drummand University students
- the age of Drummand University students
- the cost of incidental expenses of Drummand University students
- Most analysts focus on the cost of tuition as the way to measure the cost of a college education. But incidentals, such as textbook costs, are rarely considered. A researcher at Drummand University wishes to estimate the textbook costs of first-year students at Drummand. To do so, she monitored the textbook cost of 250 first-year students and found that their average textbook cost was $300 per semester. Identify the sample in the study.
- all Drummand University students
- all college students
- all first-year Drummand University students
- the 250 students that were monitored
- Which of the following is a discrete quantitative variable?
- the Dow Jones Industrial average
- the volume of water released from a dam
- the distance you drove yesterday.
- the number of employees of an insurance company
- Which of the following is a continuous quantitative variable?
- the color of a student’s eyes
- the number of employees of an insurance company
- the amount of milk produced by a cow in one 24-hour period
- the number of gallons of milk sold at the local grocery store yesterday
- The classification of student class designation (freshman, sophomore, junior, senior) is an example of
- a categorical random variable.
- a discrete random variable.
- a continuous random variable.
- a parameter.
- Solve the following problems in separate sheets of paper.
- According to a Harris Interactive survey of 502 senior human resource executives, 58% responded that referrals were one of the methods for finding the best candidates.
- Describe the population for the Harris Interactive survey.
- Is a response to the question “By which methods do you feel you find the best candidates?” categorical or numerical?
- Fourteen percent of the senior human resources executives polled indicated that professional associations were one of the methods for finding the best candidates. Is this a parameter or a statistic?
- A Wall Street Journal poll asked 2,150 adults in the United States a series of questions to find out their view on the U.S. economy.
- What is the population of interest?
- What is the sample?
- Is a response to the question “How satisfied are you with the U.S. economy today with 1 = very satisfied, 2 = moderately satisfied, 3 = neutral, 4 = moderately dissatisfied and 5 = very dissatisfied?” a categorical or numerical?
- Is a response to the question “How many people in your household are unemployed currently?” a discrete or continuous variable?