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QNT 561 Final Exam Question and Answers

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29. A ranking scale is a scale that _____.<br />

a) scores an object without making a direct comparison to another<br />

object<br />

b) groups participants<br />

c) groups concepts according to specific criteria<br />

d) scores an object by making a comparison <strong>and</strong> determining order<br />

among two or more objects<br />

30. What is the interpretation of a 96% confidence level?<br />

a) The interval contains 96% of all sample means.<br />

b) Approximately 96 out of 100 such intervals would include the true<br />

value of the population parameter.<br />

c) There's a 96% chance that the given interval includes the true value<br />

of the population parameter.<br />

d) There's a 4% chance that the given interval does not include the true<br />

value of the population parameter.<br />

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