MKT 100 Lecture Notes - Lecture 3: Histogram, Weighted Arithmetic Mean, 6 Years
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Review questions for final exam. (1: a quality controller of an assembly line randomly selects 60 phones from a day"s production to test for defects. The assembly line is operating satisfactorily if less than 1. 5% of the products produced per day are defective. Answer: b: a researcher wants to know the average iq of registered voters in the state of ontario. If this average could be obtained, it would be an example of a (a) sample (b) statistic (c) population (d) parameter. Answer: d: person"s age in years would be an example of which measurement scale? (a) nominal (b) ordinal (c) interval (d) ratio. Answer: d: the following table shows the money spent on telephone bills in the month of. An analyst wants to compare the amounts spent for telephone bills. What kind of a graph is suitable? (a) pie chart (b) bar chart (c) histogram (d) none of these.
