Deliver to 
0 review
1 of 5
Basic Business Statistics, Concepts and-1_page-0001.jpg
2 of 5
Basic Business Statistics, Concepts and-15_page-0001.jpg
3 of 5
Basic Business Statistics, Concepts and-17_page-0001.jpg
4 of 5
Basic Business Statistics, Concepts and-19_page-0001.jpg
5 of 5
Basic Business Statistics, Concepts and-13_page-0001.jpg
Basic Business Statistics, Concepts and-1_page-0001.jpg
Basic Business Statistics, Concepts and-15_page-0001.jpg
Basic Business Statistics, Concepts and-17_page-0001.jpg
Basic Business Statistics, Concepts and-19_page-0001.jpg
Basic Business Statistics, Concepts and-13_page-0001.jpg

Basic Business Statistics, Concepts and Applications 14th Edition By Mark Berenson

$18.50 
 & Instant Download
Payment Methods:
Item description from the seller
down arrow

GETTING STARTED: IMPORTANT THINGS TO LEARN
FIRST
1. The process of using data collected from a small group to reach conclusions about a large
group is called
a) statistical inference.
b) DCOVA framework.
c) operational definition.
d) descriptive statistics.
ANSWER:
a
TYPE: MC DIFFICULTY: Easy
KEYWORDS: inferential statistics
2. Those methods involving the collection, presentation, and characterization of a set of data in
order to properly describe the various features of that set of data are called
a) statistical inference.
b) DCOVA framework.
c) operational definition.
d) descriptive statistics.
ANSWER:
d
TYPE: MC DIFFICULTY: Easy
KEYWORDS: descriptive statistics
3. The collection and summarization of the socioeconomic and physical characteristics of
the employees of a particular firm is an example of
a) inferential statistics.
b) descriptive statistics.
c) operational definition.
d) DCOVA framework.
ANSWER:
b
TYPE: MC DIFFICULTY: Easy
KEYWORDS: descriptive statistics
4. The estimation of the population average family expenditure on food based on the sample
average expenditure of 1,000 families is an example of
a) inferential statistics.
b) descriptive statistics.
c) DCOVA framework.
d) operational definition.
ANSWER:
a
TYPE: MC DIFFICULTY: Easy
KEYWORDS: inferential statistics