1-2 SmartBook Assignment: Chapter 1
1. True or false: A statistic can be a single summary measure of a data
set.
a. True
b. False
Answer: True
1. Match the type of statistics with the tasks:
a. Descriptive - Graphing and organizing.
b. Inferential - Concluding and estimating
3. The type of statistics that refers to drawing conclusions about a
population set of data based on a sample set of data is known as
_______ statistics.
Answer: Inferential, sample, or inference
4. What type of analytical tools are used by businesses to assist in
decision-
making on how to accomplish goals within practical constraints?
a. Prescriptive
b. Descriptive
c. Predictive
d. Absolute
Answer: A- Prescriptive
The specialized vocabulary of statistics crosses _____ barriers to
improve
problem solving for multinational businesses.
a. Gender
b. Language
c. Geographical
d. Sound
Answer: B- Language
6. Many companies use _____ _____ Management (CRM) to analyze
customer data
from multiple sources.
Answer: Customer Relationship
