Assorted Quantitative techniques questions

Assorted Quantitative techniques questions

Please complete the attached document. It is not feasible to add all the questions to this area.

  • [SCALES] Suppose the following question was asked on a survey:

What is your salary?

  • $0
  • $1 – $5,000
  • $5,001 – $15,000
  • $15,000 – $50,000
  • $50,001 – $100,000
  • $100,001 – $300,000
  • $300,001 or higher

The data for the responses to the above question applies to which type of “scale”? (Hint: Look at the bin sizes!) [1]

  • 1. [SCALES] Which one of the following best reflects a variable with “Ordinal Scale” data: [1]
    a. Cost, in dollars, of meal
    b. Name of restaurant
    c. Health inspection rating of restaurant
    d. Number of health violations
    e. All of the above
    f. None of the above

3. [SCALES] Which one of the following best reflects a variable with “Nominal Scale” data: [1]

a. Gender of voter

b. State of residence

c. Name of preferred candidate

d. Name of political party

e. All of the above

f. None of the above

  • 4. [SCALES] Which of the following would not represent an “Interval Scale” variable: [1]
    a. Hair Length
    b. Age of Hair
    c. Weight of Hair
    d. Hair Style
    5. [SCALES] Which one of the following best reflects a variable with “Interval Scale” data: [1]
    a. Number of companies participating in ‘Smart Choices’ program
    b. Area (size) of nutrition label
    c. Amount of sugar in cereal
    d. Percent of processed food
    e. All of the above
    6. [SCALES] Which one of the following best reflects a variable with “Nominal Scale” data: [1]a. Amount of money in bankb. Name of Bankc. Opinion of bank’s ability to serve customersd. Number of bank customerse. All of the abovef. None of the above7. [SCALES] Which one of the following best reflects a variable with “Ordinal Scale” data: [1]a. Likert scale opinion of current economic conditionb. Current US deficit in dollarsc. Unemployment %d. Name of economic policye. All of the above8. [ DISPERSION ] What is the formula for the SAMPLE variance? [2]S2 = 9. [ SD vs. VARIANCE ] If the standard deviation of the sample is 0.1, what is the variance of the sample? [2]a. 0.01b. 0.1c. 0.15d. 0.2e. 1f. All of the aboveg. None of the above10. [ P-VALUE ] If your calculated p-value is LARGE, say, greater than .05, what should you say about the corresponding statistical hypothesis? [2]a. Can not reject the null hypothesisb. Reject the null hypothesis11. [ TYPE II ERROR ] Which of the following is a situation where Type II Error has occurred? [2] a. A guilty person is determined to be innocent by a jury.b. An innocent person is determined to be guilty by a jury.12. [ EXPERIMENTAL DESIGN ] An “experimental design”, which allows for randomization and controlling for confounding factors generally provides the most accurate information in data collection and analysis? [1]a. Trueb. False13. [ SURVEY DESIGN ] When designing a survey, what is considered to be an ideal number of levels for ordinal or Likert Scale variables? [2]a. 100b. 7c. 5d. 3e. Any of the abovef. None of the above14. [CHI SQUARE DISTRIBUTION] How many degrees of freedom are there in a 2 x 2 contingency table? [2]a. 1b. 2c. 3 d. 6 e. 8f. None of the above15. [ F-DISTRIBUTION ]The F-Distribution is applied in which Quantitative Technique: [2]a. Difference Between Meansb. Difference Between Independent Proportionsc. ANOVAd. None of the abov