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1. What classifies analytics as descriptive, predictive, or prescriptive?
A) The kind of software used for the analysis
B) The data validity and reliability
C) The purpose and methods
D) The sample size and analysis technique used
2. How do a run chart and a control chart differ?
A) They are the same, except a control chart includes limits or constraints that a process should not exceed.
B) A run chart reveals trends in manufacturing problems over time, whereas a control chart is essentially a snapshot in time.
C) A control chart reveals trends in manufacturing problems over time, whereas a run chart is essentially a snapshot in time.
D) They are the same, except a run chart includes limits or constraints that a process should not exceed.
3. 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) Z-score
B) Mean
C) Median
D) Mode
4. A laboratory uses a graduated cylinder to measure liquid volume in metric units. Which type of experimental design is this laboratory implementing?
A) Development research
B) Quantitative research
C) Precision research
D) Qualitative research
5. What is the basic difference between evaluating costs and benefits in the public and private sectors?
A) The benefit of private projects is general public welfare.
B) Private projects generate considerable revenue.
C) The costs associated with public projects are minimal.
D) The benefits of public projects are easily quantifiable.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: B |
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