Exam 2: Displaying and Describing Categorical Data

arrow
  • Select Tags
search iconSearch Question
  • Select Tags

Write a sentence or two about the conditional relative frequency distribution of mode of investment for clients age 50 or younger.

Free
(Essay)
4.9/5
(35)
Correct Answer:
Verified

More clients (43%)( 43 \% ) age 50 or younger invested their retirement savings primarily in stocks rather than in any other mode of investment, 35%35 \% invested in mutual funds while only 22%22 \% invested in bonds.

Consider the following side by side bar chart for the data above: Consider the following side by side bar chart for the data above:   Does the chart indicate that mode of investment is independent of age? Explain. Does the chart indicate that mode of investment is independent of age? Explain.

Free
(Essay)
4.8/5
(37)
Correct Answer:
Verified

The way clients invest for retirement does seem to be independent of age. These data provide little indication of a difference in mode of investing for retirement based on clients' ages at this firm.

A newspaper examined the town's two hospitals and found that over the last six months at Mercy Hospital 79% of the patients survived while at County Hospital 90% survived. The table below summarizes the findings.  A newspaper examined the town's two hospitals and found that over the last six months at Mercy Hospital 79% of the patients survived while at County Hospital 90% survived. The table below summarizes the findings.    On closer investigation, it was observed that there was a difference in survival between patients who were admitted in poor condition or worse compared with patients admitted in fair condition or better. The following tables were created: Patients admitted in poor condition or worse:    Patients admitted in fair condition or better:    a) Fill in the four blanks in the two tables above with percentages. b) Compare the percentages in the first table with those in the next two tables. Do you observe anything unusual?  Those who were admitted in fair condition or better have a very high rate of survival. Mercy Hospital has an over  50 \%  of survival for those admitted in poor condition or worse whereas in the summary table, Mercy Hospital had a lower rate of survival. c) Which hospital would you choose and why? . On closer investigation, it was observed that there was a difference in survival between patients who were admitted in poor condition or worse compared with patients admitted in fair condition or better. The following tables were created: Patients admitted in poor condition or worse:  A newspaper examined the town's two hospitals and found that over the last six months at Mercy Hospital 79% of the patients survived while at County Hospital 90% survived. The table below summarizes the findings.    On closer investigation, it was observed that there was a difference in survival between patients who were admitted in poor condition or worse compared with patients admitted in fair condition or better. The following tables were created: Patients admitted in poor condition or worse:    Patients admitted in fair condition or better:    a) Fill in the four blanks in the two tables above with percentages. b) Compare the percentages in the first table with those in the next two tables. Do you observe anything unusual?  Those who were admitted in fair condition or better have a very high rate of survival. Mercy Hospital has an over  50 \%  of survival for those admitted in poor condition or worse whereas in the summary table, Mercy Hospital had a lower rate of survival. c) Which hospital would you choose and why? . Patients admitted in fair condition or better:  A newspaper examined the town's two hospitals and found that over the last six months at Mercy Hospital 79% of the patients survived while at County Hospital 90% survived. The table below summarizes the findings.    On closer investigation, it was observed that there was a difference in survival between patients who were admitted in poor condition or worse compared with patients admitted in fair condition or better. The following tables were created: Patients admitted in poor condition or worse:    Patients admitted in fair condition or better:    a) Fill in the four blanks in the two tables above with percentages. b) Compare the percentages in the first table with those in the next two tables. Do you observe anything unusual?  Those who were admitted in fair condition or better have a very high rate of survival. Mercy Hospital has an over  50 \%  of survival for those admitted in poor condition or worse whereas in the summary table, Mercy Hospital had a lower rate of survival. c) Which hospital would you choose and why? . a) Fill in the four blanks in the two tables above with percentages. b) Compare the percentages in the first table with those in the next two tables. Do you observe anything unusual? Those who were admitted in fair condition or better have a very high rate of survival. Mercy Hospital has an over 50%50 \% of survival for those admitted in poor condition or worse whereas in the summary table, Mercy Hospital had a lower rate of survival. c) Which hospital would you choose and why? .

Free
(Essay)
4.8/5
(36)
Correct Answer:
Verified

It would be best to choose Mercy Hospital because it has the higher rate of survival for both conditions of admitted patients.

A restaurant uses comment cards to get feedback from its customers about newly added items to the menu. It recently introduced homemade organic veggie burgers. Customers who tried the new burger were asked if they would order it again. Which of The following would be an appropriate method for displaying the data shown in the table? Response Frequency Definitely would. 10 Most likely would. 40 Maybe 12 Definitely would not. 3

(Multiple Choice)
4.9/5
(37)

In May, 2010, the Pew Research Center for the People & the Press carried out a national survey to gauge opinion on the Arizona Immigration Law. Responses (Favor, Oppose, Don't Know) were examined according to groups defined by political party Affiliation (Democrat, Republican, Independent). Which of the following would be Appropriate for displaying these data?

(Multiple Choice)
4.7/5
(34)

A company interested in the health of its employees started a health program including monitoring blood pressure. Based on age, employees were categorized according to ranges of blood pressure by age intervals. Data are shown in the table below.  A company interested in the health of its employees started a health program including monitoring blood pressure. Based on age, employees were categorized according to ranges of blood pressure by age intervals. Data are shown in the table below.     \text { Of all employees, the percentage of those under } 50 \text { years old is }    Of all employees, the percentage of those under 50 years old is \text { Of all employees, the percentage of those under } 50 \text { years old is }

(Multiple Choice)
4.7/5
(26)

Identify the variables and tell whether each is categorical or quantitative.

(Essay)
4.8/5
(33)

A automobile marketing firm conducts a study to see what types of cars people owned before buying an American car. The results are shown below. Previous Ownership Frequency American 760 Japanese 375 Korean 72 German 37 Other 24 Total 1268 The relative frequency of those who owned Japanese cars previously who now bought American cars is

(Multiple Choice)
4.8/5
(31)

Prepare an appropriate chart to display the marginal distribution of brands.

(Essay)
4.9/5
(35)

Consider the following side by side bar chart for the data above: Consider the following side by side bar chart for the data above:   Does the chart indicate that brand preference is independent of gender? Explain. Does the chart indicate that brand preference is independent of gender? Explain.

(Essay)
4.9/5
(33)

A regional survey was carried out to gauge public opinion on the controversial Arizona Immigration Law. The results are displayed in the segmented bar chart below. Which of the following statements is true? A regional survey was carried out to gauge public opinion on the controversial Arizona Immigration Law. The results are displayed in the segmented bar chart below. Which of the following statements is true?

(Multiple Choice)
4.8/5
(31)

What is the marginal distribution of age?

(Essay)
4.8/5
(31)

Accenture, a consulting firm, conducted an online survey of 500 US consumers in September 2013. Based on their response to the question "What is your motive for Shopping late in the season?" which of the following would be appropriate method(s) for Displaying the male only data shown in the table? Response Male Female Too busy to shop earlier 115 75 More time to save for gifts 50 80 Better discounts available 65 20 Part of the holiday tradition 15 5 None of the above 120 60

(Multiple Choice)
4.8/5
(39)

Based on the side-by-side bar chart summarizing consumer preferences for various brands of digital cameras by gender, which of the following statement(s) are true? Based on the side-by-side bar chart summarizing consumer preferences for various brands of digital cameras by gender, which of the following statement(s) are true?

(Multiple Choice)
4.9/5
(33)

A regional survey was carried out to gauge public opinion on the controversial Arizona Immigration Law (results shown below). Of respondents who are Democrat, What percent oppose the law? Response Democrat Republican Independent Favor 50 93 35 Oppose 85 45 60 Don't Know 5 7 20

(Multiple Choice)
4.8/5
(29)

A clothing store uses comment cards to get feedback from its customers about newly added items. It recently introduced plus size fashion wear. Customers who purchased The items were asked to fill out an online comment survey giving 10% off the next Purchase. The data are summarized in the table below. What percentage of customers Would be less likely to purchase another item (Less or Not fully satisfied)? Response Frequency Very satisfied. 15 Satisfied. 30 Less than fully satisfied. 12 Not satisfied. 4

(Multiple Choice)
4.9/5
(35)

Accenture, a consulting firm, conducted an online survey of 500 US consumers from in 2013. Response Male Female Too busy to shop earlier 115 75 More time to save for gifts 50 80 Better discounts available 65 20 Part of the holiday tradition 15 5 None of the above 120 60 What percentage of those who thought that better discounts were available on "Black Friday" were female?

(Multiple Choice)
4.7/5
(38)

Accenture, a consulting firm, conducted an online survey of 500 US consumers in September, 2013. Response Male Female Too busy to shop earlier 115 75 More time to save for gifts 50 80 Better discounts available 65 20 Part of the holiday tradition 15 5 None of the above 120 60 What percentage of consumers thought that shopping on "Black Friday" is part of the Holiday tradition?

(Multiple Choice)
4.8/5
(37)

Accenture, a consulting firm, conducted an online survey of 500 US consumers in September 2013. Based on their response to the question "What is your motive for Shopping late in the season?" which of the following would be an appropriate method for Displaying the data shown in the table? Response Male Female Too busy to shop earlier 115 75 More time to save for gifts 50 80 Better discounts available 65 20 Part of the holiday tradition 15 5 None of the above 120 60

(Multiple Choice)
4.9/5
(35)

A restaurant uses comment cards to get feedback from its customers about newly added items to the menu. It recently introduced homemade organic veggie burgers. Customers who tried the new burger were asked if they would order it again. The data Are summarized in the table below. What percentage of customers would most likely or Definitely order the veggie burger again? Response Frequency Definitely would. 10 Most likely would. 40 Maybe 12 Definitely would not. 3

(Multiple Choice)
4.8/5
(35)
Showing 1 - 20 of 45
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)