BADM 503 MODULE 1 SOLVED 100%
"Bob didn't wear his lucky T-shirt to class, so he failed his chemistry exam." This best
illustrates which fallacy? - ANSWER-Post hoc reasoning
"Smoking is not harmful. My Aunt Harriet smoked, but lived to age 90." This best
illustrates which fallacy? - ANSWER-Small sample generalization
"Tom's SUV rolled over. SUVs are dangerous." This best illustrates which fallacy? -
ANSWER-Small Sample Generalization
A list of the salaries, ages, and years of experience for 50 CEO's is a multivariate data
set. - ANSWER-TRUE
A manager chose two people from his team of eight to give an oral presentation
because she felt they were representative of the whole team's views. What sampling
technique did she use in choosing these two people? - ANSWER-Judgment
A population has groups that have a small amount of variation within them, but large
variation among or between the groups themselves. The proper sampling technique is: -
ANSWER-Stratified
A sampling technique used when groups are defined by their geographical location is: -
ANSWER-Cluster
An accounting professor wishing to know how many MBA students would take a
summer elective in international accounting did a survey of the class she was teaching.
Which kind of sample is this? - ANSWER-Convenience
An investment firm rates bonds for AardoCo Inc. as "B+", while bonds of Deva Corp. are
rated "AA." Which level of measurement would be appropriate for such data? -
ANSWER-Ordinal
Automobile exhaust emission of CO2 (milligrams per mile) is __________ data. -
ANSWER-Ratio
Because 25 percent of the students in my morning statistics class watch eight or more
hours of television a week, I conclude that 25 percent of all students at the university
watch eight or more hours of television a week. The most important logical weakness of
this conclusion would be: - ANSWER-using a sample that may not be representative of
all students.
Before deciding whether to assess heavy fines against noisy airlines, which sampling
method would the Federal Aviation Administration probably use to measure the peak
