Economic Testbank

CHAPTER 1—DATA AND STATISTICS

MULTIPLE CHOICE

1. Methods for developing useful decision-making information from large data bases is known as
|a. |data manipulation |
|b. |data monitoring |
|c. |data base conversion |
|d. |data mining |

ANS: D PTS: 1 TOP: Descriptive Statistics

2. The process of capturing, storing, and maintaining data is known as
|a. |data manipulation |
|b. |data monitoring |
|c. |data warehousing |
|d. |category analysis |

ANS: C PTS: 1 TOP: Descriptive Statistics

3. The subject of data mining deals with
|a. |methods for developing useful decision-making information from large data bases |
|b. |keeping data secure so that unauthorized individuals cannot access the data |
|c. |computational procedure for data analysis |
|d. |computing the average for data |

ANS: A PTS: 1 TOP: Descriptive Statistics

4. In a questionnaire, respondents are asked to mark their gender as