Statistics Test 2 Flashcards
In the first lecture on sampling on September 23, it was noted that business statistics is divided into two parts: 1) descriptive statistics (includes variables, averages, variation, polygons, etc.) 2?
Inferential
Statistics are samples as ___________ are to population.
Parameters
The most important characteristic of a samples is ______________________.
to be representative of the universe
The management question asked in sampling is _______________________.
What is the parameters?
The statistical definition of sampling is ___________________________________.
Making inferences about parameters based on statistics.
To ensure representatives, random samples provide that all elements and combinations in universe have that same chance of being included in samples.
False
What does it mean to catalog a universe?
Numbering a specific list of names.
Since random number tables are random, the “finger” or “pencil” methods of selecting first elements works, but these methods are simply impractical.
True
In a certain company, employees are half democrats and half republicans. A political action committee was form of 12 persons. It contains 10 democrats. Speaking of proportionality, statisticians would say Democrats are _____________?
Over representative
Universes are composed of layers called_________________
strata
In using a random number table, elements are discarded for three reasons: they are duplicates, they are larger than the universe and they are _________.
Zeroes
With a universe of N=235, use a random number table to draw a sample of n=35. The sixth number is ________.
202
In a large internationals corporation, senior managers are 250 hispanics, 100 non hispanic white, 100 black, and 50 Asian america. When you design a proportional stratified sample of size n=150, how many Asian Americans will be in your sample?
15
In the above question, what sampling method will you use to select Asian Americans?
Random
Samples that allows every element in the universe the same chance of inclusion are?
C) Random
Which of these is not a probability sampling method?
A) Quota Sampling