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Comparing the consistency between two data sets when their means are very different is best done with the -------.
Free
(Multiple Choice)
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Correct Answer:
D
The definition of the pth percentile (where p is any number between 1 and 100)is that at least p
percent of the observations will fall below the value of interest.
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(True/False)
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Correct Answer:
True
The first quartile represents the-------- percentile of the data set.
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(Multiple Choice)
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Correct Answer:
A
The average salary for a sales representative in a medical billing company is $46,600 with a standard deviation of $6,400. The coefficient of variation for salaries at this company is
(Multiple Choice)
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Which one of the following statements is true for a left-skewed distribution?
(Multiple Choice)
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When there is an even number of data values, the median is always the middle value in the data set.
(True/False)
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The -------- is found by first determining the index point, i = 0.5(n), where n is the number of data points.
(Multiple Choice)
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When working with grouped data, the ---------- is the value in the middle of the class and can be found by taking the average of the endpoints for each class.
(Multiple Choice)
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The ------ is the value that appears most often in a data set.
(Multiple Choice)
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When calculating the sample mean of grouped data, the value represents an estimate of the true sample mean.
(True/False)
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A random sample of 2008 used cars for sale on the market has an average mileage of 71,420 miles with a sample standard deviation of 9,470 miles. The z-score for a used car with 80,500 miles in this sample is ----------- .
(Multiple Choice)
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Data Analysis ToolPak in Excel can be used to determine the mode for categorical data.
(True/False)
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Because outliers are extreme values that could distort the analysis, they should always be eliminated from the data set.
(True/False)
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When you rely on the mean to summarize many data values, you lose important information about the original data.
(True/False)
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The percentile rank identifies the percentile of a particular value within a set of data.
(True/False)
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The average math SAT score for incoming freshman at a particular college is 535 with a standard deviation of 60. The coefficient of variation for SAT scores at this school is
(Multiple Choice)
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The sample standard deviation for grouped data provides an exact value for the sample standard deviation.
(True/False)
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