Qnt 561 Week 1 Question Paper
1.5 The following information is collected from students upon exiting the campus bookstore during the first week of classes:
a. Amount of time spent shopping in the bookstore
Answer: Numerical; Continuous variables because the answer represent quantities. The response arises from a measuring process
b. Number of textbooks purchased
Answer: Numerical; discrete variables because the answer represent quantities. The numerical values that from a counting process.
c. Academic major
Answer: Categorical because the values only be placed into categories allowing multiple selection for the answer.
d. Gender
Answer: Categorical because the values only be placed into categories allowing multiple selection for the answer. In this case …show more content…
Amount of money spent on clothing in the past month
Answer: Numerical; Continuous variables because the answer represent quantities. The response arises from a measuring process in this case the amounts of money spend.
b. Favorite department store
Answer: Categorical because the values only be placed into categories allowing multiple selection for the answer. In this case the available answers would be the name of the department store.
c. Most likely time period during which shopping for clothing takes place (weekday, weeknight, or weekend)
Answer: Categorical because the values only be placed into categories allowing multiple selection for the answer. In this case the available answers would be seven representing the days of the week.
d. Number of pairs of shoes owned
Answer: Numerical; discrete variables because the answer represent quantities. The numerical values that from a counting process in this case it would be the amount of shoes owned.
1.11 What is the difference between a statistic and a parameter?
A statistic is a numerical measure that describes a characteristic of a sample.
A parameter is a numerical measure that describes a characteristic of a sample.
(Lavine, Krehbiel, & Berenson 2010, p. …show more content…
What is your major area of study?
Accounting _____ Economics/Finance _____
Information Systems _____
International Business _____ Management _____
Marketing/Retailing _____ Other _____
Undecided _____
6. At the present time, do you plan to attend graduate school? Yes _____ No _____ Not sure _____
7. What is your current cumulative grade point average?
_____
8. What would you expect your starting annual salary (in $000) to be if you were to seek employment immediately after obtaining your bachelor’s degree? _____
9. What do you anticipate your salary to be (in $000) after five years of full-time work experience? _____
10. What is your current employment status?
Full-time _____ Part-time _____ Unemployed _____
11. How many clubs, groups, organizations, or teams are you currently affiliated with on campus?
12. How satisfied are you with the student advisement services on campus? _____
Extremely 1 2 3 4 5 6 7 Extremely unsatisfied Neutral satisfied
13. About how much money did you spend this semester for textbooks and supplies? _____
a. Which variables in the survey are categorical? 1, 4, 5, 6, 10,
b. Which variables in the survey are numerical? 2,3,7, 8, 9, 11, 12,
a. Amount of time spent shopping in the bookstore
Answer: Numerical; Continuous variables because the answer represent quantities. The response arises from a measuring process
b. Number of textbooks purchased
Answer: Numerical; discrete variables because the answer represent quantities. The numerical values that from a counting process.
c. Academic major
Answer: Categorical because the values only be placed into categories allowing multiple selection for the answer.
d. Gender
Answer: Categorical because the values only be placed into categories allowing multiple selection for the answer. In this case …show more content…
Amount of money spent on clothing in the past month
Answer: Numerical; Continuous variables because the answer represent quantities. The response arises from a measuring process in this case the amounts of money spend.
b. Favorite department store
Answer: Categorical because the values only be placed into categories allowing multiple selection for the answer. In this case the available answers would be the name of the department store.
c. Most likely time period during which shopping for clothing takes place (weekday, weeknight, or weekend)
Answer: Categorical because the values only be placed into categories allowing multiple selection for the answer. In this case the available answers would be seven representing the days of the week.
d. Number of pairs of shoes owned
Answer: Numerical; discrete variables because the answer represent quantities. The numerical values that from a counting process in this case it would be the amount of shoes owned.
1.11 What is the difference between a statistic and a parameter?
A statistic is a numerical measure that describes a characteristic of a sample.
A parameter is a numerical measure that describes a characteristic of a sample.
(Lavine, Krehbiel, & Berenson 2010, p. …show more content…
What is your major area of study?
Accounting _____ Economics/Finance _____
Information Systems _____
International Business _____ Management _____
Marketing/Retailing _____ Other _____
Undecided _____
6. At the present time, do you plan to attend graduate school? Yes _____ No _____ Not sure _____
7. What is your current cumulative grade point average?
_____
8. What would you expect your starting annual salary (in $000) to be if you were to seek employment immediately after obtaining your bachelor’s degree? _____
9. What do you anticipate your salary to be (in $000) after five years of full-time work experience? _____
10. What is your current employment status?
Full-time _____ Part-time _____ Unemployed _____
11. How many clubs, groups, organizations, or teams are you currently affiliated with on campus?
12. How satisfied are you with the student advisement services on campus? _____
Extremely 1 2 3 4 5 6 7 Extremely unsatisfied Neutral satisfied
13. About how much money did you spend this semester for textbooks and supplies? _____
a. Which variables in the survey are categorical? 1, 4, 5, 6, 10,
b. Which variables in the survey are numerical? 2,3,7, 8, 9, 11, 12,