Exam 3: Numerical Descriptive Measures

SCENARIO 3-6 The rate of return of an Internet Service Provider over a 10-year period are: 10.25\%,12.64\%,8.37\%, 9.29\%,6.23\%,42.53\%,29.23\%,15.25\%,21.52\%,-2.35\% . -Referring to Scenario 3-6, compute the geometric mean rate of return per year for the first three years.

In a sample of size 40, the sample mean is 15.In this case, the sum of all observations in the sample is  Xi = 600.

The median of the values 3.4, 4.7, 1.9, 7.6, and 6.5 is 4.05.

Which descriptive summary measures are resistant statistics?

SCENARIO 3-12 Given below are the rating and performance scores of 15 laptop computers. Performance Score 115 191 153 194 236 184 184 216 Overall Rating 74 78 79 80 84 76 77 92 Performance Score 185 183 189 202 192 141 187 Overall Rating 83 78 77 78 78 73 77 -Referring to Scenario 3-12, for a laptop computer that has a high rating, you will expect its performance score to

SCENARIO 3-3 The ordered array below represents the number of vitamin supplements sold by a health food store in a sample of 16 days. $19,19,20,20,22,23,25,26,27,30,33,34,35,36,38,41$ Note: For this sample, the sum of the values is 448, and the sum of the squared differences between each value and the mean is 812. -Referring to Scenario 3-3, the median number of vitamin supplements sold in this sample is_.

The line drawn within the box of the boxplot always represents the arithmetic mean.

SCENARIO 3-7 In a recent academic year, many public universities in the United States raised tuition and fees due to a decrease in state subsidies.The change in the cost of tuition, a shared dormitory room, and the most popular meal plan from the previous academic year for a sample of 10 public universities were as follows: $1,589, $593, $1,223, $869, $423, $1,720, $708, $1425, $922 and $308. -Referring to Scenario 3-7, what is the mean and median change in the cost?

Data on the change in the cost of tuition, a shared dormitory room, and the most popular meal plan from one academic year to the next academic year for a sample of 100 public universities are collected.Below is the boxplot for the change in cost in dollars.The distribution of the change in cost is

As a rule, a value is considered an extreme value if its Z score is less than 3.

SCENARIO 3-3 The ordered array below represents the number of vitamin supplements sold by a health food store in a sample of 16 days. $19,19,20,20,22,23,25,26,27,30,33,34,35,36,38,41$ Note: For this sample, the sum of the values is 448, and the sum of the squared differences between each value and the mean is 812. -Referring to Scenario 3-3, construct a boxplot for the data in this sample.

Which of the following measures is used to determine variation relative to the mean?

The median of a data set with 20 items would be the average of the 10th and the11th items in the ordered array.

3-22 Numerical Descriptive Measures The ordered array below represents the number of cargo manifests approved by customs inspectors of the Port of New York in a sample of 35 days: 16, 17, 18, 18, 19, 20, 20, 21, 21, 21, 22, 22, 22, 22, 23, 23, 23, 23, 24, 24, 24, 25, 25, 26, 26, 26, 27, 28, 28, 29, 29, 31, 31, 32, 32 Note: For this sample, the sum of the values is 838, and the sum of the squared differences between each value and the mean is 619.89. -Referring to Scenario 3-4, the variance of the customs data is .

SCENARIO 3-2 The data below represent the number of grams of carbohydrates in a serving of breakfast cereal in a sample of 11 different servings. $11,15,23,29,19,22,21,20,15,25,17$ -Referring to Scenario 3-2, is the carbohydrate amount in the cereal right- or left-skewed?

SCENARIO 3-1 Health care issues are receiving much attention in both academic and political arenas.A sociologist recently conducted a survey of citizens over 60 years of age whose net worth is too high to qualify for Medicaid.The ages of 25 senior citizens were as follows: 60 61 62 63 64 65 66 68 68 69 70 73 73 74 75 76 76 81 81 82 86 87 89 90 92 -Referring to Scenario 3-1, calculate the variance of the ages of the senior citizens correct to the nearest hundredth of a year squared.

The line drawn within the box of the boxplot always represents the median.

The coefficient of variation is a measure of central tendency in the data.

SCENARIO 3-7 In a recent academic year, many public universities in the United States raised tuition and fees due to a decrease in state subsidies.The change in the cost of tuition, a shared dormitory room, and the most popular meal plan from the previous academic year for a sample of 10 public universities were as follows: $1,589, $593, $1,223, $869, $423, $1,720, $708, $1425, $922 and $308. -Referring to Scenario 3-7, what is the standard deviation of the change in the cost?

SCENARIO 3-2 The data below represent the number of grams of carbohydrates in a serving of breakfast cereal in a sample of 11 different servings. $11,15,23,29,19,22,21,20,15,25,17$ -Referring to Scenario 3-2, the skewness statistic for the carbohydrate amount in the cereal is_.