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1. What are two benefits of good data quality management in improving business decision-making?
Choose 2 answers.
A) It mitigates undetected errors from the data-entry process.
B) It ensures there are no missing data points.
C) It guarantees that a sample will be statistically significant.
D) It begins the statistical process faster.
2. 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 benefits of public projects are easily quantifiable.
D) The costs associated with public projects are minimal.
3. Which type of analysis determines whether there was a significant difference in the average donor solicitation amount between three nonprofit hospital events?
A) Logistic regression
B) Cluster
C) ANOVA
D) Time series
4. A company's marketing team tells an analyst that fewer customers are opening emails in the recent email campaign. The analyst interviews a few marketing coordinators and discovers changes were made to the email subject line between the earlier successful email campaign and the recent one. The analyst then uses a statistical technique to compare the email open rates for each campaign. Which step does the comparison of the email open rate represent in the plan-do-check-act cycle?
A) Check
B) Plan
C) Do
D) Act
5. A researcher notes that people who exercise daily tend to sleep better. The researcher then asks subjects to keep a sleep diary and record the number of hours they sleep each night. Some diaries have few entries, but the subjects claim they are well rested. Which type of error is represented in this research?
A) Lack of blinding
B) Response bias
C) Conscious bias
D) Cause-and-effect confusion
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: B |
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