Test Your Knowledge
Quantitative Methods (GR 2)
Instructions: Choose an answer for each question.
1. A true, absolute zero exists for which level of measurement?
A. Nominal
B. Ordinal
C. Interval
D. Ratio
2. You spent 30% of your HR budget on benefits three years ago, 35% two years ago, and 40% last year. When was the most money spent on benefits?
A. Three years ago
B. Two years ago
C. Last year
D. It cannot be determined based upon the information given
3. What is the individual compa-ratio for an employee whose salary is 25,000 per year when the midpoint of the salary structure is 30,000?
B. 0.83
C. 1.20
D. 0.80
4. How much interest will you earn on
A. 309.00
B. 477.54
C. 489.05
D. 977.54
5. You have been given the task of examining the effect of a pay-for-performance project on employee productivity. You have obtained a “productivity rating score” for all program participants. Which of the following best describes your data?
A. The data represent a sample
B. The data represent a population
C. Productivity rating scores only produce nominal data
D. Productivity rating scores always produce ratio data
6. Which of the following is true of distribution shapes for nominal data?
A. They generally are normal distributions
B. They are best represented skewed with a tail to the left
C. Nominal data should be represented via pie charts only
D. It might be most honest to simply list the categories in alphabetical order
7. What is the mode for the following set of numbers?
15, 18, 13, 19, 25, 24, 26, 14, 25, 35, 12, 99, 54, 13, 22, 19 and 13
A. 19
B. 26
C. 24
D. 13
8. A range can best be described as which of the following?
A. The central tendency of values between data points
B. The difference between the maximum value and the minimum value in a data set
C. A tool used to measure the difference of a data set based on the middle 50 percent
D. The only measure of variability appropriate for ratio data
9. In positively skewed distributions, the mean is usually which of the following?
A. Larger than the median
B. Between the median and the mode
C. Smaller than the median
D. Equal to the median forward
10. What type of regression model does the following equation suggest?
y = a + b1x1
A. Multiple factor regression
B. Nonlinear regression
C. Bivariate regression
D. Curvilinear regression
The Test Your Knowledge questions are intended to provide a small sample of the information covered in a particular course. Passing this test should not be considered an indicator that you also will pass the related certification exam.No portion of this document may be reproduced in any form without express written permission from WorldatWork. Copyright 2005 WorldatWork.
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