QNT 275 Week 1 Quiz

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QNT 275 Week 1 Quiz
QNT 275 Week 1 Quiz
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QNT 275 Week 1 Quiz

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Correct answerquestion1

​Cross-section data are collected:

​on different elements for the same variable for different periods of time

​on the same variable for the same variable at different points in time

​on different elements at the same point in time

​for a qualitative variable

  • Correct answerquestion2

​An independent group wants to determine if the consumption of gasoline has increased due to changes in price.  The group randomly selects 320 gas stations from 12 different states and collects data from the month of the year when gas is the cheapest and from the month of the year when gas is the most expensive.  The data shows no significant difference in gas consumption between the two months. In this example, what is the variable being studied?

​The 320 gas stations chosen.

​The price of gasoline.

​The 12 different states.

​The consumption of gasoline.

  • Correct answerquestion3

​A simple random sample is a sample drawn in such a way that:

​each member of the population has some chance of being included in the sample

​each member of the population has a 0.10 chance for being included in the sample

​each sample of the same size has an equal chance of being selected

​every tenth element of an arranged population is included

  • Correct answerquestion4

​The Ohio lottery involves selecting 5 numbers from 5 different bins.  This is an example of sampling

​with replacement.

​without replacement.

  • Correct answerquestion5

​In statistics, a population consists of:

​a selection of a limited number of elements

​all people living in the area under study

​all people living in a country

​all subjects or objects whose characteristics are being studied

  • Correct answerquestion6

​Under inferential statistics, we study

​the methods to make decisions about one or more populations based on sample results

​how to make decisions about a mean, median, or mode

​tables composed of summary measures

​how a sample is taken from a population