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Statistics for Business and Economics Study Set 4
Quiz 1: Statistics, Data, and Statistical Thinking
Path 4
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Question 21
Multiple Choice
Does online teaching help or hinder student learning? To help answer this question, a statistics teacher decided to teach his three sections of a particular class using three different teaching models - a traditional face-to-face section, a completely online section, and a hybrid or blended section that incorporated both a face-to-face and online component in the section. Students were randomly assigned to the different sections, taught identical information using the different teaching formats, and given identical examinations to measure student learning. The goal was to identify if the teaching method used affected student learning performance. Identify the data collection method used in this study.
Question 22
Multiple Choice
Parking at a large university has become a very big problem. University administrators are interested in determining the average parking time (e.g. the time it takes a student to find a parking spot) of its students. An administrator inconspicuously followed 250 students and carefully recorded their parking times. Identify the experimental unit of interest to the university administration.
Question 23
Multiple Choice
Parking at a large university has become a very big problem. University administrators are interested in determining the average parking time (e.g. the time it takes a student to find a parking spot) of its students. An administrator inconspicuously followed 250 students and carefully recorded their parking times. What type of variable is the administration interested in collecting?
Question 24
Essay
Parking at a university has become a problem. University administrators are interested in determining the average time it takes a student to find a parking spot. An administrator inconspicuously followed 140 students and recorded how long it took each of them to find a parking spot. Identify the population, sample, and variable of interest to the administrators.
Question 25
Essay
Gender is one variable of interest in a study of the effectiveness of a new medication. For data entry purposes, the researcher conducting the study assigns 1 for Male and 2 for female. Is the gender data quantitative or qualitative?
Question 26
Multiple Choice
As part of an economics class project, students were asked to randomly select 500 New York Stock Exchange (NYSE) stocks from the Wall Street Journal. As part of the project, students were asked to summarize the current prices (also referred to as the closing price of the stock for a particular trading date) of the collected stocks using graphical and numerical techniques. What type of variable is being collected?
Question 27
Multiple Choice
Parking at a large university has become a very big problem. University administrators are interested in determining the average parking time (e.g. the time it takes a student to find a parking spot) of its students. An administrator inconspicuously followed 250 students and carefully recorded their parking times. Identify the variable of interest to the university administration.
Question 28
Multiple Choice
As part of an economics class project, students were asked to randomly select 500 New York Stock Exchange (NYSE) stocks from the Wall Street Journal. As part of the project, students were asked to summarize the current prices (also referred to as the closing price of the stock for a particular trading date) of the collected stocks using graphical and numerical techniques. Identify the sample of interest for this study.
Question 29
Short Answer
What is the most common way to satisfy the representative sample requirement?
Question 30
Multiple Choice
A researcher studying malnutrition among children in a developing country collected weights of a random sample of children using a scale that she had set to give weights 2.5 kilograms less than the actual weight. Which statement best describes this situation?
Question 31
Essay
A health food company has the following statement on their new product packaging: "Prevents all types of cancer!" (Fact: Past studies have shown that some ingredients in the new product have been know to possibly reduce the risk of many types of cancer). Discuss why it is unethical to make this statement.
Question 32
Essay
In a survey of 3000 high school students, 15% of those surveyed read at least one best-seller each month. Give an example of a descriptive statement and an inferential statement that could be made based on this information.