Test Bank For Applied Statistics in Business And Economics 5th Edition by Doane
ISBN-13: 978-0077837303, ISBN-10: 0077837304
Chapter 01
Overview of Statistics
True / False Questions
| 1. | Statistics is the science of collecting, organizing, analyzing, interpreting, and presenting data.
True False |
| 2. | Inferential statistics refers to generalizing from a sample to a population, estimating unknown parameters, drawing conclusions, and making decisions.
True False |
| 3. | Descriptive statistics refers to summarizing data rather than generalizing about the population.
True False |
| 4. | Estimating parameters and testing hypotheses are important aspects of descriptive statistics.
True False |
| 5. | Inconsistent treatment of data by a researcher is a symptom of poor survey or research design.
True False |
| 6. | Empirical data are collected through observations and/or experiments.
True False |
| 7. | Business intelligence refers to collecting, storing, accessing, and analyzing data on the company’s operations in order to make better business decisions.
True False |
| 8. | When a statistician omits data contrary to her findings in a study, she is justified as long as the sample supports her objective.
True False |
| 9. | A strong correlation between A and B would imply that B is caused by A.
True False |
| 10. | The post hoc fallacy says that when B follows A then B is caused by A.
True False |
| 11. | A statistical test may be significant yet have no practical importance.
True False |
| 12. | Valid statistical inferences cannot be made when sample sizes are small.
True False |
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