QNT 561 Final Exam Question and Answers

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d) 3 in the numerator, 18 in the denominator Download Complete Answers of QNT 561 Final Exam (Latest) 13. A linear trend equation is used to represent time series values when the data are changing by equal what? a) amounts b) percents and proportions c) proportions d) percents 14. Which of the following goals should a good survey instrument accomplish? a) Encourage each participant to provide accurate responses b) Encourage participants to be succinct in their responses c) Encourage participants to answer only those questions they are comfortable answering d) Encourage participants to end the survey when they feel they have contributed enough information UOP Final Exam Answers QNT 561 15. Kroger, a grocery store chain, wants to identify the ideal store layout for increasing store sales. Because it primarily uses two store designs, one a grid layout with vertical aisles divided by a center aisle and another using a traditional straight-aisle pattern, Kroger will match pairs of stores that have different designs but similar shopper demographics and location. Sales from each pair will then be
compared to determine if store design is related to sales. Which type of study is this an example of? a) Exploratory study b) Case study c) Ex post facto study d) Longitudinal study 16. Bones Brothers & Associates prepare individual tax returns. Over prior years, Bones Brothers has maintained careful records regarding the time to prepare a return. The mean time to prepare a return is 90 minutes and the standard deviation of this distribution is 14 minutes. Suppose 100 returns from this year are selected and analyzed regarding the preparation time. What assumption do you need to make about the shape of the population distribution of all possible tax preparation times to make inferences about the mean time to complete a tax form? a) The population distribution is skewed to the left. b) The population distribution is skewed to the right. c) The shape of the population distribution does not matter. d) The population distribution is normal. Find the quiz answers here QNT 561 Final Exam 17. Checklists with several items to be considered by respondents may be subject to _____. a) recency effects b) leniency effects c) halo effects
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QNT 561 Final Exam Question and Answers

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