Exam 4: Numerical Descriptive Techniques

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The Y-intercept, b0, of the least squares line The Y-intercept, b<sub>0</sub>, of the least squares line   represents the: represents the:

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The sample mean is denoted by ____________________ and the population mean is denoted by ____________________.

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Ages of Workers The ages (in years) of three groups of workers are shown below: Ages of Workers The ages (in years) of three groups of workers are shown below:    -{Ages of Workers Narrative} Calculate and compare the standard deviations for the three samples. -{Ages of Workers Narrative} Calculate and compare the standard deviations for the three samples.

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Weights of Workers The following data represent the number of employees of a sample of 25 companies: 164, 148, 137, 157, 173, 156, 177, 172, 169, 165, 145, 168, 163, 162, 174, 152, 156, 168, 154, 151, 174, 146, 134, 140, and 171. -{Weights of Workers Narrative} Find the mean number of workers.

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The mean is affected by extreme values but the median is not.

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If the covariance of x and y is 26.16 and the standard deviation of x is 32.7, then the slope of the least squares line is b1 =.80.

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In a bell shaped distribution, there is no difference in the values of the mean, median, and mode.

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If the first and second quartiles are farther apart than the second and third quartiles, then the shape of the histogram based on the quartiles is ____________________.

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The mean is a measure of variability.

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The strength of the linear relationship between two interval variables can be measured by the:

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If If   ,   , n = 12, and the slope equals 0.5, then the y-intercept of the least squares line is b<sub>0</sub> = 276.08. , If   ,   , n = 12, and the slope equals 0.5, then the y-intercept of the least squares line is b<sub>0</sub> = 276.08. , n = 12, and the slope equals 0.5, then the y-intercept of the least squares line is b0 = 276.08.

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Lily has been keeping track of what she spends to eat out.The last week's expenditures for meals eaten out were $5.69, $5.95, $6.19, $10.91, $7.49, $14.53, and $7.66.The mean amount Lily spends on meals is $8.35.

(True/False)
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Pets Survey A sample of 36 families were asked how many pets they owned.Their responses are summarized in the following table. Pets Survey A sample of 36 families were asked how many pets they owned.Their responses are summarized in the following table.    -{Pets Survey Narrative} Explain what the mean, median, and mode tell you about this particular data set. -{Pets Survey Narrative} Explain what the mean, median, and mode tell you about this particular data set.

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Weights of Workers The following data represent the number of employees of a sample of 25 companies: 164, 148, 137, 157, 173, 156, 177, 172, 169, 165, 145, 168, 163, 162, 174, 152, 156, 168, 154, 151, 174, 146, 134, 140, and 171. -{Weights of Workers Narrative} Is the distribution of the number of workers symmetric or skewed? Why?

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Which of the following statements about the median is not true?

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Weights of Workers The following data represent the number of employees of a sample of 25 companies: 164, 148, 137, 157, 173, 156, 177, 172, 169, 165, 145, 168, 163, 162, 174, 152, 156, 168, 154, 151, 174, 146, 134, 140, and 171. -The number of hours a college student spent studying during the final exam week was recorded as follows: 7,6, 4, 9, 8, 5, and 10.Compute Weights of Workers The following data represent the number of employees of a sample of 25 companies: 164, 148, 137, 157, 173, 156, 177, 172, 169, 165, 145, 168, 163, 162, 174, 152, 156, 168, 154, 151, 174, 146, 134, 140, and 171. -The number of hours a college student spent studying during the final exam week was recorded as follows: 7,6, 4, 9, 8, 5, and 10.Compute   for the data and the value in an appropriate unit. for the data and the value in an appropriate unit.

(Short Answer)
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Strip Mall Rent Monthly rent data in dollars for a sample of 10 stores in a small town in South Dakota are as follows: 220, 216, 220, 205, 210, 240, 195, 235, 204, and 250. -{Strip Mall Rent Narrative} Compute the sample median.

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Is it possible for the standard deviation of a data set to be larger than its variance? Explain.

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Milk Demand A supermarket has determined that daily demand for milk containers has an approximate bell shaped distribution, with a mean of 55 containers and a standard deviation of six containers. -{Milk Demand Narrative} What percentage of the time will the number of containers of milk sold be more than 2 standard deviations from the mean?

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If the coefficient of correlation r = -.81, the standard deviations of x and y are 20 and 25, respectively, then cov(x, y) must be -405.0.

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