BUS 232 Week 2 Quiz
BUS232: Business Statistics [NF] (2017 Summer Term)
Started on
Sunday, June 4, 2017, 10:06 PM
State
Finished
Completed on
Sunday, June 4, 2017, 10:40 PM
Time taken
34 mins 11 secs
Marks
55.00/70.00
Grade
7.86 out of 10.00 (79%)
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Question 1
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Question text
The procedure for obtaining the percentage for a class is to:
Select one:
a. multiply the frequency of that class by 100
b. multiply the relative frequency of that class by 100
c. divide the relative frequency of that class by 100
d. none of these
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The correct answer is: multiply the relative frequency of that class by 100
Question 2
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Time-series data are collected:
Select one:
a. on the same element for the same variable for different periods of time
b. on a variable that involves time, e.g., minutes, hours, weeks, months, etc.
c. for a qualitative variable
d. on different elements for the same period of time
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The correct answer is: on the same element for the same variable for different periods of time
Question 3
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We obtain the percentage for a category by:
Select one:
a. multiplying the frequency of that category by 100
b. multiplying the relative frequency of that category by 100
c. dividing the relative frequency of that category by 100
d. none of these
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The correct answer is: multiplying the relative frequency of that category by 100
Question 4
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Under inferential statistics, we study:
Select one:
a. the methods to make decisions about population based on sample results
b. how to make decisions about mean, median, or mode
c. how a sample is taken from a population
d. none of these
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The correct answer is: the methods to make decisions about population based on sample results
Question 5