BUS 308 Week 1 Quiz (New)
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1. Question : In statistical notation, M is to μ as s is to σ. Question 2. Question : A
parameter refers to a sample characteristic. Question 3. Question : Data on the city from
which members of a board of directors come represent interval data. Question 4.
Question : In a frequency distribution such as a bell-shaped curve, what does the vertical
height of the curve indicate? Question 5. Question : The z transformation makes data
normal. Question 6. Question : Data on the ages of customers are ratio scale data.
Question 7. Question : A probability is found by dividing the number of possible
outcomes (o) by the number of successes € = o/e. Question 8. Question : The z-score
indicates where an individual data value lies within the data set. Question 9. Question :
The standard deviation of normally distributed data sets is equal to about 1/6 of the data
set’s range. Question 10. Question : The probability of two independent events occurring
together equals the product of each of the individual event probabilities.