Showing posts with label Essentials of Statistics for Business and Economics: Chapter 1. Show all posts
Showing posts with label Essentials of Statistics for Business and Economics: Chapter 1. Show all posts

Ordinary arithmetic operations are meaningful

Ordinary arithmetic operations are meaningful


a. only with categorical data
b. only with quantitative data
c. either with quantitative or categorical data
d. None of these alternatives is correct.


Answer: b. only with quantitative data

Categorical data

Categorical data


a. indicate either how much or how many
b. cannot be numeric
c. are labels used to identify attributes of elements
d. must be non numeric


Answer: c. are labels used to identify attributes of elements

Categorical data

Categorical data


a. must be numeric
b. must be nonnumeric
c. cannot be numeric
d. may be either numeric or nonnumeric


Answer: d. may be either numeric or nonnumeric

Quantitative data

Quantitative data


a. are always nonnumeric
b. may be either numeric or nonnumeric
c. are always numeric
d. None of these alternatives is correct.


Answer: c. are always numeric

Data

Data


a. are always be numeric
b. are always nonnumeric
c. are the raw material of statistics
d. None of these alternatives is correct.


Answer: c. are the raw material of statistics

Arithmetic operations are appropriate for

Arithmetic operations are appropriate for



a. only the ratio scale
b. only the interval scale
c. the nominal scale
d. None of these alternatives is correct.


Answer: d. None of these alternatives is correct.

Data obtained from a nominal scale

Data obtained from a nominal scale


a. must be alphabetic
b. can be either numeric or nonnumeric
c. must be numeric
d. must rank order the data


Answer: b. can be either numeric or nonnumeric