Exam 3: Descriptive Statistics

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The mean life of a particular brand of light bulb is 1000 hours and the standard deviation is 50 hours.We can conclude that at least 75% of this brand of bulbs will last between ___.

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The following twelve data values are provided: The following twelve data values are provided:   The value of Q<sub>3</sub> is _____ The value of Q3 is _____

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The sample standard deviation is calculated by taking the square root of the population standard deviation.

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The number of standard deviations that a value (x)is above or below the mean is the ___.

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The following twelve sample data values, with a mean value of 337, are provided: The following twelve sample data values, with a mean value of 337, are provided:   The mean absolute deviation (MAD)is _____ The mean absolute deviation (MAD)is _____

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A commuter travels many kilometres to work each morning.She has timed this trip 5 times during the last month.The time (in minutes)required to make this trip was 44, 39, 41, 35, and 41.The mean time required for this trip was 40 minutes.What is the variance for this sample data?

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A commuter travels many kilometres to work each morning.She has timed this trip 5 times during the last month.The time (in minutes)required to make this trip was 34, 39, 41, 35, and 41.The modal time required for this trip was ___.

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The following box-and-whisker plot was constructed for the age of accounts receivable: The following box-and-whisker plot was constructed for the age of accounts receivable:   The box-and-whisker plot reveals that the accounts receivable ages are ___. The box-and-whisker plot reveals that the accounts receivable ages are ___.

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The following twelve sample data values, with a mean value of 337, are provided: The following twelve sample data values, with a mean value of 337, are provided:   The sample variance is _____ The sample variance is _____

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The following measurements represent the gain or loss in the daily closing price of a security for ten consecutive days: -1, 3, 4, 1, 0, -4, -3, 2, -1, 1 The median gain or (loss)was _____

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A commuter travels many kilometres to work each morning.She has timed this trip 5 times during the last month.The time (in minutes)required to make this trip was 44, 39, 41, 35, and 41.The mean time required for this trip was 40 minutes.What is the mean absolute deviation for this sample data?

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The following box-and-whisker plot was constructed for the age of accounts receivable: The following box-and-whisker plot was constructed for the age of accounts receivable:   The box-and-whisker plot reveals that the accounts receivable ages are ___. The box-and-whisker plot reveals that the accounts receivable ages are ___.

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The following twelve data values are provided: The following twelve data values are provided:   The value of Q<sub>1</sub> is _____ The value of Q1 is _____

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The empirical rule says that approximately what percentage of the values would be within two standard deviations of the mean in a bell shaped set of data?

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The following ten data values are provided: The following ten data values are provided:   The 80<sup>th</sup> percentile is _____ The 80th percentile is _____

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The hourly production of a plastic cup company is tracked over several months and is found to be normally distributed.Given a mean of 15,630 cups and a standard deviation of 251 cups, about what percent of all hours of production should produce between 15,128 and 16,132 cups?

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Chebyshev's theorem may be successfully applied regardless of the shape of the data distribution.

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The mean life of a particular brand of light bulb is 1000 hours and the standard deviation is 50 hours.It can be concluded that at least 89% of this brand of bulbs will last between ___.

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In its Industry Norms and Key Business Ratios, Dun & Bradstreet reported that Q1, Q2, and Q3 for 2,037 gasoline service stations' sales to inventory ratios were 20.8, 33.4, and 53.8, respectively.From this we can conclude that ___.

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Statistical measures used to yield information about the centre or the middle parts of a group of numbers are called the measures of central tendency.

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