BUS 308 Week 1 Quiz
Question 1
Calculating the median requires data of at least what level?
Question 2
If sales data are reported in dollar values, what is the scale of the data?
Question 3
Empirical probability is
Question 4
A probability is found by dividing the number of possible outcomes (0) by the number of successes (e)P = o/e.
Question 5
Which of the following measures central tendency and includes data from every score?
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Question 6
A parameter refers to a sample characteristic.
Question 7
The mean is?
Question 8
The probability of two independent events occurring together equals the product of each of the individual event probabilities.
Question 9
Days of the week are considered what level of data?
Question 10
Data on the ages of customers are ratio scale data.