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1. Research data indicate 95% confidence in a study in which subjects who were shown a product advertisement exhibited brand awareness compared to a control group who did not see the advertisement.
What can be concluded from this study?
A) Ninety-five percent of the subjects liked the brand.
B) The advertisement was effective in increasing sales.
C) The advertisement was effective in building brand awareness.
D) Five percent of the subjects did not like the advertisement.
2. What does big data include?
A) Powerful extraction tools
B) Inferential statistics for large companies
C) Both structured and unstructured data
D) Information that can be analyzed with spreadsheets
3. Phone calls for a company are routed randomly to one of eight call centers. Six are based in the United States, and two are based in another country. What is the probability that an incoming call will be routed to a U.S.- based call center?
A) 75%
B) 25%
C) 67%
D) 33%
4. A nonprofit organization ran a fundraiser and would like to determine the amount of a typical donation.
Which statistic is less affected by outliers and skewed data and should be used to determine the amount of a typical donation?
A) Median
B) Mode
C) Mean
D) Z-score
5. What was the cumulative incidence rate during Year 2 at the university?
A) 10.04%
B) 17.87%
C) 11.84%
D) 3.70%
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C |
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