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QUESTION 1 In science studies, which variable is the one theorized to be the 'influencing' (e.g., 'causal') variable? a.The Independent variable b.The Dependent variable c.A
QUESTION 1
- In science studies, which variable is the one theorized to be the 'influencing' (e.g., 'causal') variable?
- a.The Independent variable
- b.The Dependent variable
- c.A Control variable
- d.The Schematic variable
1 points
QUESTION 2
- Why type of research is most useful for informing organizational decisions?
- a.'Basic' research studies describing the what seems to be true for most companies.
- b.'Qualitative' research that yields a number of hypotheses to test.
- c.'Academic' research produced by methodological experts (e.g., scholars).
- d.'Applied' research that tests hypotheses as they pertain to the organization itself.
1 points
QUESTION 3
- Which P-value (significance) would provide the most convincing evidence for a relationship between two variables?
- 5.000
- 0.500
- 0.050
- 0.005
1 points
QUESTION 4
- Which of the following is NOT a type of variable used in establishing cause-and-effect?
- a.Qualitative variable
- b.Categorical variable
- c.Ordinal variable
- d.Numeric variable
1 points
QUESTION 5
- What procedure is used to determine the extent to which there is a statistical relationship between variables when both the Independent and Dependent variables are Numeric?
- Chi-Square (2)
- Analysis of Variance (ANOVA)
- Logistic Regression (via an odds ratio)
- Correlation (R2)
1 points
QUESTION 6
- Which of the following descriptive statistics is utilized to summarize Categorical variables?
- a.Proportions (%s)
- b.Averages
- c.Standard deviations
- d.Skew
1 points
QUESTION 7
- In a test to determine the extent to which 'salary' influences 'job satisfaction,' 'job satisfaction' is considered to be the:
- a.The Independent variable
- b.The Dependent variable
- c.A Control variable
- d.The Schematic variable
1 points
QUESTION 8
- What procedure is used to determine the extent to which there is a statistical relationship when both the Independent and Dependent variables are Categorical?
- a.Chi-Square (2)
- b.Analysis of Variance (ANOVA)
- c.Logistic Regression (via an odds ratio)
- d.Correlation (R2)
1 points
QUESTION 9
- An Analysis of Variance (ANOVA) test is conducted for the relationship between Company Division (e.g., manufacturing, sales, accounting, etc.) and 'turnover rate' (per 1000 employees) and yields a 'significance value' (e.g., P-value) of 0.75.What should a decision maker conclude?
- a.Company Division is very unlikely to be related to 'turnover rate.'
- b.There is marginal support for the idea that Company Division related to 'turnover rate.'
- c.There is good support for the idea that Company Division related to 'turnover rate.'
- d.There is strong support for the idea that Company Division related to 'turnover rate.'
1 points
QUESTION 10
- Which of these variables would be classified as an Ordinal variable?
- a.Variable a. Possible values: (Continent) North America, South America, Europe, Africa, Asia
- b.Variable b. Possible values: ('Agreement') strongly disagree, disagree, neither agree or disagree, agree, strongly agree
- c.Variable c. Possible values: (Years of age) 18, 19, 20, 21 ....
- d.Variable d. Possible values: (Orders/month) 0, 1, 2, 3, ... 30, 31, 32 ....
1 points
QUESTION 11
- What procedure is used to determine the extent to which there is a relationship between a Categorical Independent variable and a Numeric Dependent variable?
- a.hi-Square (2)
- b.Analysis of Variance (ANOVA)
- c.Logistic Regression (via an odds ratio)
- d.Correlation (R2)
1 points
QUESTION 12
- Which of the following descriptive statistics is utilized to summarize Numeric variables?
- a.Proportions (%s)
- b.Averages
- c.Epsilon
- d.Kogan-Page
1 points
QUESTION 13
- Of the four (4) elements required to establish 'cause-and-effect' (whether one variable influences another), which one requires a conclusion based on probability/statistics?
- a.Is there a logical reason (e.g., theory) that explains 'why?' one variable would influence the other?
- b.Is the 'temporal' logic sound? (That is, does the supposed 'causing' variable change before the 'effected' variable)?
- c.Is there 'concomitant variation' between the two variables? (Is a change in the 'causing' variable reflected by a change in the 'effected' variable?)
- d.Are there any other variables (than the supposed 'causing' variable) that better explain changes in the 'effected' variable?
1 points
QUESTION 14
- Which test should be used to determine if there is a relationship between the age of a CEO and the percent (of retained earnings) spent on Research & Development?
- a.Chi-Square (2)
- b.Analysis of Variance (ANOVA)
- c.Logistic Regression (via an odds ratio)
- d.Correlation (R2)
1 points
QUESTION 15
- A Chi-Square test is conducted to determine if there is a relationship between US Geographic region of residence (e.g., New England, Southeast, Central, etc.) and cola brand preference (Coke, Pepsi, Etc.) yields a P-value of 0.001.What should a decision maker conclude?
- a.Region of residence is very unlikely to be related to cola brand preference
- b.There is marginal support for the idea that Region of residence is related cola brand preference.
- c.There is good support for the idea that Region of residence is related cola brand preference.
- d.There is strong support for the idea that Region of residence is related cola brand preference.
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