Exam 3: Descriptive Statistics and Analytics: Numerical Methods
Exam 1: An Introduction to Business Statistics and Analytics98 Questions
Exam 2: Descriptive Statistics and Analytics: Tabular and Graphical Methods120 Questions
Exam 3: Descriptive Statistics and Analytics: Numerical Methods145 Questions
Exam 4: Probability and Probability Models150 Questions
Exam 5: Predictive Analytics I: Trees, K-Nearest Neighbors, Naive Bayes,101 Questions
Exam 6: Discrete Random Variables150 Questions
Exam 7: Continuous Random Variables150 Questions
Exam 8: Sampling Distributions111 Questions
Exam 9: Confidence Intervals149 Questions
Exam 10: Hypothesis Testing150 Questions
Exam 11: Statistical Inferences Based on Two Samples140 Questions
Exam 12: Experimental Design and Analysis of Variance132 Questions
Exam 13: Chi-Square Tests120 Questions
Exam 14: Simple Linear Regression Analysis147 Questions
Exam 15: Multiple Regression and Model Building85 Questions
Exam 16: Predictive Analytics Ii: Logistic Regression, Discriminate Analysis,101 Questions
Exam 17: Time Series Forecasting and Index Numbers161 Questions
Exam 18: Nonparametric Methods103 Questions
Exam 19: Decision Theory90 Questions
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In a hearing test, randomly selected subjects estimate the loudness (in decibels) of a sound, and the results are (mean = 70): 68, 67, 70, 71, 68, 75, 68, 62, 80, 73, 68. What is the range?
(Multiple Choice)
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The local amusement park was interested in the average wait time at their most popular roller coaster at the peak park time (2 p.m.). They selected 13 patrons and had them get in line between 2 and 3 p.m. Each was given a stopwatch to record the time they spent in line. The times recorded were as follows (in minutes): 118, 124, 108, 116, 99, 120, 148, 118, 119, 121, 45, 130, 118. What is the mean?
(Multiple Choice)
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Find the z-score for an IQ test score of 142 when the mean is 100 and the standard deviation is 15.
(Multiple Choice)
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The arithmetic mean is ________ larger than a weighted mean in a set of data that uses unequal weights.
(Multiple Choice)
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In a hearing test, subjects estimate the loudness (in decibels) of a sound, and the results are: 68, 67, 70, 71, 68, 75, 68, 62, 80, 73, 68. What is the median?
(Multiple Choice)
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The local amusement park was interested in the average wait time at their most popular roller coaster at the peak park time (2 p.m.). They selected 13 patrons and had them get in line between 2 and 3 p.m. Each was given a stopwatch to record the time they spent in line. The times recorded were as follows (in minutes). 118, 124, 108, 116, 99, 120, 148, 118, 119, 121, 45, 130, 118
What is the 65th percentile?
(Multiple Choice)
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Using grouped data of 14 classes with a sample mean of 51 and a sample variance of 6.42, calculate the group sampled standard deviation.
(Short Answer)
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Find the z-score for an IQ test score of 118 when the mean is 100 and the standard deviation is 15.
(Multiple Choice)
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The average of the squared deviations of the individual population measurement from the population mean is the ________.
(Multiple Choice)
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The local amusement park was interested in the average wait time at their most popular roller coaster at the peak park time (2 p.m.). They selected 13 patrons and had them get in line between 2 and 3 p.m. Each was given a stopwatch to record the time they spent in line. The times recorded were as follows (in minutes): 118, 124, 108, 116, 99, 120, 148, 118, 119, 121, 45, 130, 118. What is the median?
(Multiple Choice)
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Researchers wish to study fuel consumption rates based on speed. The data from 10 cars are below.
It can be shown that for these data:
= 41.9,
= 17.8,
= 2352.9,
= 267.6,
(
−
) = −270.2.
Calculate the sample correlation coefficient.








(Multiple Choice)
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The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. She took a random sample of the price of 10 computers, with the following results. $3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000
What is the 90th percentile?
(Multiple Choice)
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In a study of the factors that affect success in economics, data were collected for 8 business students. Scores on a calculus placement test are given with economics final exam scores. The data are below:
It can be shown that for these data:
= 17.75,
= 70.38,
= 237.50,
= 545.875,
(
−
) = 140.75.
Calculate the sample covariance.








(Multiple Choice)
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In a statistics class, 10 scores were randomly selected with the following results: 74, 73, 77, 77, 71, 68, 65, 77, 67, 66. What is the first quartile?
(Multiple Choice)
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The median is the measure of central tendency that divides a population or sample into four equal parts.
(True/False)
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A disadvantage of using grouping (a frequency table) with sample data is that
(Multiple Choice)
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In a statistics class, 10 scores were randomly selected with the following results: 74, 73, 77, 77, 71, 68, 65, 77, 67, 66. What are the lower and upper limits of a box-and-whiskers display of this data?
(Multiple Choice)
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The weights that are used in calculating a weighted mean will vary depending on the situation.
(True/False)
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In a statistics class, 10 scores were randomly selected with the following results (mean = 71.5): 74, 73, 77, 77, 71, 68, 65, 77, 67, 66. What is the variance?
(Multiple Choice)
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