Exam 3: Data Visualization and Summary Measures

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Candice is preparing for her final exam in Statistics. She knows she needs an 68 out of 100 to earn an A overall in the course. Her instructor provided the following information to the students. - On the final, 200 students have taken it with a mean score of 60 and a standard deviation of 6. Assume the distribution of scores is bell-shaped. Calculate to see if a score of 68 is within one standard deviation of the mean.

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An easy way to convert relative frequencies into percentages is by dividing by 100.

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Carmen is a professor at a local university. In collecting data on her Introduction to Business course for a year, she wants to calculate the z-score for a student who scores a 84 on the final exam. The mean and the standard deviation scores on the exam are 70 and 6, respectively. Calculate the z-score.

(Multiple Choice)
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In a large data set, the arithmetic mean is the primary measure of the central location.

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Using the following Boxplot, what is the star to the far right considered? Using the following Boxplot, what is the star to the far right considered?

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Converting observations into z-scores is also called doubling the observation.

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A line chart displays the numerical variable of a series of data points connected by a line.

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Using the following histogram, how would the distribution be described? Using the following histogram, how would the distribution be described?

(Multiple Choice)
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A study focused on the following numerical variables: Age, Income, and Candy (lbs). A bubble chart will help the researcher understand the relationship based on the location of the age and income plots and the size of the bubble based on candy consumption.

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Constructing a contingency table allows for a clear visualization of the relationship between two categorical variables.

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If the coefficient correlation is computed to be -0.15, this means the relationship between the two variables are _______.

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The following table is the summary statistics for Scores. Calculate the Sharpe ratio of growth. Assume Rf = 4. The following table is the summary statistics for Scores. Calculate the Sharpe ratio of growth. Assume Rf<sub> </sub>= 4.

(Multiple Choice)
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