Question: To what does the phrase Garbage in , garbage out refer? Question 1 options: The need to keep a clean house Inventory management procedures The

To what does the phrase "Garbage in, garbage out" refer?
Question 1 options:
The need to keep a clean house
Inventory management procedures
The effect the quality of data has on decisions made informed by an analysis of those data
The effect that analyst ethics have on the quality of decisions
Question 2(Mandatory)(8.33 points)
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The value of a specific variable for a specific observation is
Question 2 options:
a datum
data
univariate
categorical
Question 3(Mandatory)(8.33 points)
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The response scale [1. Spruce 2. Hemlock 3. Maple 4. Oak 5. Cedar] will yield ___________ data.
Question 3 options:
nominal
ordinal
interval
ratio
Question 4(Mandatory)(8.34 points)
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The response scale [Lowest 12345 Highest] will yield ____________ data.
Question 4 options:
nominal
ordinal
interval
ratio
Question 5(Mandatory)(8.33 points)
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To calculate a percentage change between values, we need ______________ data.
Question 5 options:
nominal
ordinal
interval
ratio
Question 6(Mandatory)(8.33 points)
Which data are not continuous or treated as continuous?
Question 6 options:
U.S. currency
Cargo shipping weights
Project completion times
Number of defects in production runs
Question 7(Mandatory)(8.34 points)
The closing values of the S&P 500 Index for each trading day in 2020 are what type of data?
Question 7 options:
Interval
Multivariate
Cross Sectional
Time Series
Question 8(Mandatory)(8.33 points)
Random sampling is used to minimize/eliminate
Question 8 options:
bias
error
cost
effort
Question 9(Mandatory)(8.33 points)
Study a sample rather than a population when
Question 9 options:
the population is small
the act of testing/studying destroys the item being tested/studied
the required sample size approaches the population size
there is a database containing the population data
Question 10(Mandatory)(8.34 points)
Selecting every kth item from an ongoing production line is
Question 10 options:
simple random sampling
judgement sampling
systematic sampling
stratified sampling
Question 11(Mandatory)(8.33 points)
Response error can be caused by
Question 11 options:
selection bias
social desirability
sampling error
lack of a true zero
Question 12(Mandatory)(8.33 points)
By using random sampling methods, the analyst demonstrates a bias toward
Question 12 options:
random sampling error
expert judgement
convenience
bias

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