Exam 2: Descriptive Statistics and Data Analysis
Exam 1: Data and Business Decisions93 Questions
Exam 2: Descriptive Statistics and Data Analysis99 Questions
Exam 3: Probability Concepts and Distributions111 Questions
Exam 4: Sampling and Estimation123 Questions
Exam 5: Hypothesis Testing and Statistical Inference99 Questions
Exam 6: Regression Analysis93 Questions
Exam 7: Forecasting100 Questions
Exam 8: Introduction to Statistical Quality Control101 Questions
Exam 9: Building and Using Decision Models74 Questions
Exam 10: Decision Models With Uncertainty and Risk90 Questions
Exam 11: Decisions, uncertainty, and Risk100 Questions
Exam 12: Queues and Process Simulation Modeling97 Questions
Exam 13: Linear Optimization98 Questions
Exam 14: Integer, nonlinear, and Advanced Optimization Methods100 Questions
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The standard deviation for the population is denoted as ________.
(Multiple Choice)
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The coefficient of variation (CV)provides a relative measure of the dispersion in data relative to the mean.
(True/False)
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The ________ is the average of the largest and smallest values in the data set.
(Multiple Choice)
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According to the empirical rules,approximately 99.7% of the observations will fall within ________.
(Multiple Choice)
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________ refers to a collection of quantitative measures and ways of describing data.
(Multiple Choice)
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The range of the middle 50% of the data is called the ________.
(Multiple Choice)
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According to the empirical rules,approximately 95% of the observations will fall within ________.
(Multiple Choice)
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In a box-and-whisker plot,the whiskers represent the ________.
(Multiple Choice)
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A negative correlation coefficient indicates a linear relationship between variables where one variable increases as the other increases.
(True/False)
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Outliers defined as being between 1.5*IQR and 3*IQR to the left of Q1 or to the right of Q3 are considered ________.
(Multiple Choice)
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In a box plot,the line inside the box represents the ________.
(Multiple Choice)
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The sum of relative frequencies will always equal ________.
(Multiple Choice)
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The proportion of the total sample that falls at or below the upper limit value is represented by ________.
(Multiple Choice)
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Box-and-whisker plots graphically display five key statistics of a data set: the minimum,first quartile,mean,third quartile,and maximum.
(True/False)
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The formula used for calculating the variance of a population is different from that used for calculating the variance of a sample.
(True/False)
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When more of the mass of the data is concentrated on one side and the distribution of values tails off to the other side,the histogram is said to be ________.
(Multiple Choice)
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Which of the following provides an estimate that represents "centering" of the entire set of data?
(Multiple Choice)
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