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BUS 308 Week 1 Quiz (Ash Study Guide)

BUS 308 Week 1 Quiz (Ash Study Guide)

1.  Data on the city from which members of a board of directors come represent interval data.
2.  Inferential statistics infer the characteristics of samples.
3.  The mode is which of the following?
4.  The standard error of the mean can be calculated by dividing μ by the square root of the number of values in the distribution.
5.  If a certifying agency raises the requirements for real estate agents, what sort of decision error is the agency protecting against?
6.  Which of the following defines statistical significance?
7.  In a frequency distribution such as a bell-shaped curve, what does the vertical height of the curve indicate?
8.  Which of the following is a provision of the central limit theorem?
9.  In statistical notation, M is to μ as s is to σ.
10.  Technically, “statistic” refers to which?