S1 - employees of a particular firm is an example of a...

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CHAPTER 1: INTRODUCTION AND DATA COLLECTION 1. The process of using sample statistics to draw conclusions about true population parameters is called a) statistical inference . b) the scientific method. c) sampling. d) descriptive statistics. ANSWER: a TYPE: MC DIFFICULTY: Easy KEYWORDS: inferential statistics 2. Those methods involving the collection, presentation, and characterization of a set of data in order to properly describe the various features of that set of data are called a) statistical inference. b) the scientific method. c) sampling. d) descriptive statistics . ANSWER: d TYPE: MC DIFFICULTY: Easy KEYWORDS: descriptive statistics 3. The collection and summarization of the socioeconomic and physical characteristics of the
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Unformatted text preview: employees of a particular firm is an example of a) inferential statistics. b) descriptive statistics . c) a parameter. d) a statistic. ANSWER: b TYPE: MC DIFFICULTY: Easy KEYWORDS: descriptive statistics 4. The estimation of the population average family expenditure on food based on the sample average expenditure of 1,000 families is an example of a) inferential statistics. b) descriptive statistics. c) a parameter. d) a statistic. ANSWER: a TYPE: MC DIFFICULTY: Easy KEYWORDS: inferential statistics...
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