Subject: Economics    / General Economics
Question

Econ2300

Econ2300
assignment: Ch1 Quiz

1.TF Qu. 1 A population is a set of existing units.
A population is a set of existing units.

True

False
2.TF Qu. 2 If we examine some of the population measure…
If we examine some of the population measurements, we are conducting a census of the population.

True

False
7.MC Qu. 11 Ratio variables have the following character…
Ratio variables have the following characteristics:

Predictable

Meaningful order

Categorical in nature
?
An inherently defined zero value

8.MC Qu. 13 Which of the following is a quantitative var…
Which of the following is a quantitative variable?

Mileage of a car

Whether a person has a charge account

Whether a person is a college graduate

The make of a TV

A person’s gender
9.MC Qu. 14 Which of the following is a categorical vari…
Which of the following is a categorical variable?

Bank Account Balance

Air Temperature
?
Whether a Person Has a Traffic Violation

Value of Company Stock

Daily Sales in a Store
11.
MC Qu. 18 Temperature (in degrees Fahrenheit) is an ex…
Temperature (in degrees Fahrenheit) is an example of a(n) ________ variable.

Nominative
?
Interval

Ordinal

Ratio
17.

MC Qu. 27 A(n) ___________________ variable is a quali…
A(n) ___________________ variable is a qualitative variable such that there is no meaningful ordering or ranking of the categories.

Interval

Ordinal

Ratio
?
Nominative

20.

MC Qu. 34 A _____ is an examination of all the units i…
A _____ is an examination of all the units in a population.

random sampling with replacement

random sampling without replacement

census

statistical inference
24.

MC Qu. 43 A _____ variable can have values that indica…
A _____ variable can have values that indicate into which of several segments of a population it belongs.
?
qualitative

ratio

interval

quantitative
25.

MC Qu. 52 The change in daily price of a stock is what…
The change in daily price of a stock is what type of variable?

Ordinal

Random

Qualitative
?
Quantitative

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