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Unformatted text preview: BUAD 310: Sample Quiz 1 MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. An on line distributor of healthcare products maintains data on all transactions. The information that is recorded is shown in the sample transaction record below: A new row is added to the data table for each transaction. 1 Which of the variables in the data table are numerical ? 1) _______ Customer Number B) All of these variables are numerical Amount of Purchase D) Product Number At the end of each month, a new data table is generated that has a row for each day of the month, and columns labeled Date, Total Number of Transactio ns, and Total Amount Purchased . The productio n of this new data table is an example of . 2) _______ Use of a Likert Scale B) Ordinal variables Re coding the data D) Aggregating the data Which of the following uses of the data would result in a time series? 3) _______ A summary showing the total amount purchased on each Friday during the past year. Summarizing the total number of transactions for each zip code. A summary showing the total amount purchased by all customers during a holiday sales event. A list of customer numbers for which no purchase was recorded during the past year. None of these would represent a time series. A manufacturer of toaster ovens keeps track of all ovens that are returned for warranty repair. Each oven is classified by the cause of the problem resulting in the return of the oven. Within each category, the total number of ovens returned is recorded, and the total number that the manufacturer was able to repair is recorded (ovens that cannot be repaired are replaced with a new unit). The results for a given month are provided below: 4) What percentag e of all ovens are returned due to faulty componen ts? (Round your percentag e to one decimal place.) 4) _______ 16.7% B) 43.0% C) 19.2% D) 47.8% E) 35.8% A Pareto Chart with vertical bars is to be constructe d for the Number Repaired. What is the appropriat e leftmost category for the chart? 5) _______ Faulty mechanical component Improper assembly Other Cosmetic defect Faulty electrical component Which of the following would be the best choice for showing the proportio n of ovens returned for each type of defect? 6) _______ Pie chart...
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 Fall '07
 Lv
 Business, Standard Deviation, decimal places

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