CHAPTER 1 WHAT IS STATISTICS? 1. a. b. c. d. e. f. Interval Ratio Interval Nominal Ordinal Ratio 2. a. b. c. d. Ratio Nominal Ratio Ratio 3. Answers will vary 4. a. b. c. d. 5. Qualitative data is not numerical, whereas quantitative data is numerical. Examples will vary by student. 6. A population is the entire group which you are studying. A sample is a subset taken from a population. 7. Discrete variables can assume only certain values, but continuous variables can assume any values within some range. Examples will vary 8. a. b. c. d. Sample Population Population Sample A sample is used because it is difficult to locate every student. A population is employed because the information is easy to find. A population is used because the information is easy to find. A sample works because it is difficult to locate every musical. 9. Qualitative Quantitative Nominal Ordinal Chapter 1 Discrete b. Gender d. Soft drink preference f. SAT scores g. Student rank in class h. Rating of a finance professor Continuous Discrete b. Gender Continuous d. Soft drink preference g. Student rank in class h. Rating of a finance professor 6 a. Salary c. Sales volume of MP3 players e. Temperature i. Number of home computers Interval Ratio f. SAT scores e. Temperature a. Salary c. Sales volume of MP3 players i. Number of home computers 10. Answers will vary 11. As a result of these sample findings, we can conclude that 120/300 or 40 percent of the white-collar workers would transfer outside the U.S. 12. The obvious majority of consumers tested (400/500, or 80%) believe the policy is fair. On the strength of these findings, we can anticipate a similar proportion of all customers to feel the same. 13. a. Yes, every company has increased sales. b. GM market share increased 9% while Ford lost 6% and Chrysler lost 3%. 14. There was a large decrease in 2002, but earning generally have increased. 15. Answers will vary. 16. a. b. Township is qualitative variable, the others are quantitative. Township is nominal level variable, the others are ratio level variables. 17. a. b. Grass or turf field is a qualitative variable, the others are quantitative. Grass or turf field is a nominal level variable, the others are ratio level variables. 18. a. Wage, education, experience, and age are quantitative variables. The others are qualitative. Wage, education, experience, and age are ratio level variables. The others are nominal. b. 19. a. b. G-20 and petroleum are qualitative variables. The others are quantitative. G-20 and petroleum are nominal level. The other variables are ratio. -7- Chapter 1