[SOLVED] MAT 133 1-2 SmartBook Assignment: Chapter 1

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1-2 SmartBook Assignment: Chapter 1

Course: Intro to Statistical Analysis
 
1. True or false: A statistic can be a single summary measure of a data set.
a. True
b. False
Answer: True
2. Match the type of statistics with the tasks:
a. Descriptive – Graphing and organizing.
b. Inferential – Concluding and estimating.
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1-2 SmartBook Assignment: Chapter 1

Course: Intro to Statistical Analysis
 
1. True or false: A statistic can be a single summary measure of a data set.
a. True
b. False
Answer: True
2. Match the type of statistics with the tasks:
a. Descriptive – Graphing and organizing.
b. Inferential – Concluding and estimating.
3. The type of statistics that refers to drawing conclusions about a population set of data based on a sample set of data is known as _______ statistics.
Answer: Inferential, sample, or inference
4. What type of analytical tools are used by businesses to assist in decision-
making on how to accomplish goals within practical constraints?
a. Prescriptive
b. Descriptive
c. Predictive
d. Absolute
Answer: A- Prescriptive
5. The specialized vocabulary of statistics
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crosses _____ barriers to improve
problem solving for multinational businesses.
a. Gender
b. Language
c. Geographical
d. Sound
Answer: B- Language
6. Many companies use _____ _____ Management (CRM) to analyze customer data
from multiple sources.
Answer: Customer Relationship
7. True or false: Different assumptions will lead you to the same answer, so it is
not necessary to state your assumptions.
a. True
b. False
Answer: False
8. Which of the following are rules for a data analyst? Select all that apply.
a. Know and follow accepted procedures.
b. Maintain data integrity.
c. Protect confidential information.
d. Never disclose sources of financial support.
Answer: A, B, and C are all rules for a data analyst.
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