The Dalton Company has recently made a decision to build a new plant in Denver. In making this ...

The Dalton Company has recently made a decision to build a new plant in Denver. In making this decision it used data supplied by the U.S. Census Bureau. For the Dalton Company, these data are examples of:
 
  A) primary data.
  B) secondary data.
  C) reliable data.
  D) experimental data.

Q. 2

A point estimate is equally likely to be higher or lower than the population mean if the sampling is done using a statistical sampling procedure.
 
  Indicate whether the statement is true or false

Q. 3

The Poisson distribution might be used to model all of the following except ________.
 
  A) the number of errors per line in software code
  B) the number of customers that use an ATM during lunch hour
  C) the number of items ordered per customer from inventory
  D) the number of voters registered for an upcoming election

Q. 4

Define risk and risk analysis.
 
  What will be an ideal response?

Q. 5

Test the null hypothesis that the population mean ratings are the same for the four dormitories.
 
  What will be an ideal response?