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BNAD 276 Chapter 1
Terms in this set (14)
With nominal data, you can
categorize the data
The ratio scale is
more sophisticated than the nominal scale
Data that are collected by recording a characteristic of a subject over several time periods are referred to as
Time series data
In general, we use sample data because
obtaining data from the population is often an expensive process.
Data that is collected about many subjects at the same point in time or without regard to differences in time is known as
Which of the following scenarios is an example of the interval scale?
The outside temperature (in degrees Fahrenheit)
Samples are primary used to
make inferences about population paramenters
Qualitative data that can be categorized and ranked are measured on the
A variable that assumes meaningful numerical values is called an
A ? includes all items of interest in a statistical problem.
The color of a car in a parking lot is best categorized as a ? variable.
Which measurement scales are associated with quantitative data
Interval and ratio
Indicate the one that best reflects the nominal scale.
Designating males as 0 and females as 1 to compare gender performance on an aptitude test.
A research analyst collects data on the weekly closing price of gold throughout the year. The scale of this data is
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