Practice Sample Project (8.3) - Use of Statistical Tools

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6 sample questions

Question 1.
What is the purpose of setting objectives in a project?
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Think about why clarity is important.
Question 2.
What does a questionnaire help in collecting?
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Consider a simple method of asking questions.
3Question 3.
What is a primary objective of the toothpaste project?
- To study market share
- To gather consumer preferences
- To analyze competitor prices
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Focus on what data you want to gather.
4Question 4.
True or False: A questionnaire can only contain open-ended questions.
- True
- False
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Think about types of questions.
Question 5.
If X wants to gather insights from 200 consumers about toothpaste preferences, design a comprehensive questionnaire including at least five distinct questions.
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Make sure your questions address various aspects of consumer behavior.
Question 6.
Analyze a hypothetical dataset where 100 households report varying expenditures on toothpaste; how would you summarize the data using averages and dispersion analysis?
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Consider using basic formulas for averages and standard deviation.

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