# Basic Statistics for Business and Economics 6Th Canadian Edition By Linda – Test Bank

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Edition: 6th Edition

Resource Type: Test bank

## Basic Statistics for Business and Economics 6Th Canadian Edition By Linda – Test Bank

Chapter 01

What Is Statistics?

Multiple Choice Questions

1. The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called
A.Statistics.
B. Descriptive statistics.
C. Inferential statistics.
D. Levels of measurement.

Difficulty: Easy
Learning Objective: 01-01 Explain why knowledge of statistics is important.
Topic: 01-03 What is Meant By Statistics?

1. The general process of analyzing, and interpreting data to assist in making more effective decisions is called
A.Statistics.
B. Descriptive statistics.
C. Inferential statistics.
D. Levels of measurement.

Difficulty: Easy
Learning Objective: 01-03 Differentiate between descriptive and inferential statistics.
Topic: 01-04 Types of Statistics
Topic: 01-06 Inferential Statistics

1. The general process of gathering, organizing, presenting, analyzing, and interpreting data to assist in making more effective decisions is called
A.Statistics.
B. Descriptive statistics.
C. Inferential statistics.
D. Levels of measurement.

Difficulty: Easy
Learning Objective: 01-01 Explain why knowledge of statistics is important.
Topic: 01-03 What is Meant By Statistics?

1. The general process of organizing, summarizing, and presenting data in an informative way is called
A.Statistics.
B. Descriptive statistics.
C. Inferential statistics.
D. Levels of measurement.

Difficulty: Easy
Learning Objective: 01-03 Differentiate between descriptive and inferential statistics.
Topic: 01-03 What is Meant By Statistics?
Topic: 01-05 Descriptive Statistics

1. (i) The general process of gathering, organizing, presenting, analyzing, and interpreting data to assist in making more effective decisions is called
(ii) The general process of analyzing, and interpreting data to assist in making more effective decisions is called
(iii) The entire set of individuals or objects of interest or the measurements obtained from all individuals or objects of interest is called
A.(i) statistics, (ii) descriptive statistics, and (iii) a population.
B. (i) descriptive statistics, (ii) inferential statistics, and (iii) a sample.
C. (i) inferential statistics, (ii) descriptive statistics, and (iii) a population.
D. (i) statistics, (ii) descriptive statistics, and (iii) a sample.
E. (i) statistics, (ii) inferential statistics, and (iii) a population.

Difficulty: Hard
Learning Objective: 01-01 Explain why knowledge of statistics is important.
Learning Objective: 01-03 Differentiate between descriptive and inferential statistics.
Topic: 01-03 What is Meant By Statistics?
Topic: 01-06 Inferential Statistics

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