The z-score has no units even though the original values will normally be expressed in units such as dollars, years, pounds, or calories.
Indicate whether the statement is true or false
Q. 2________ data use numerical values to describe something of interest either by measuring it or counting it.
A) Primary
B) Secondary
C) Quantitative
D) Qualitative
Q. 3Consider the following events:Event A = The survey respondent is a registered Republican.Event B = The survey respondent lives in Ohio.Events A and B are mutually exclusive.
Indicate whether the statement is true or false
Q. 4A ________ is a table that shows the number of data observations that fall into specific intervals.
A) histogram
B) frequency distribution
C) percent polygon
D) Pareto chart
Q. 5The average monthly rent for a two-bedroom apartment in City A is 820 with a standard deviation of 86. The average monthly rent for a two-bedroom apartment in City B is 790 with a standard deviation of 75.
Based on this data, we can conclude that the rent for two-bedroom apartments in City A is more consistent when compared to City B. Indicate whether the statement is true or false
Q. 6A marketing manager for a textbook publisher meets with a group of several students who are paid to discuss what they like and dislike about their textbooks. This method of gathering data is known as _____________.
A) direct observation
B) focus groups
C) experiments
D) surveys
Q. 7The ounces of soda consumed by an adult next month are an example of a discrete random variable.
Indicate whether the statement is true or false
Q. 8Consider the following events:Event A = The survey respondent is less than 40 years old.Event B = The survey respondent is 40 years or older.Events A and B are mutually exclusive and collectively exhaustive.
Indicate whether the statement is true or false