Exam 29: Statistical Functions

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The second quartile of both QUARTILE.EXC and QUARTILE.INC defines what percentile?

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When using the CORREL function,a value of .00007 would indicate:

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The PERCENTILE.INC function includes the 0 and 100th percentile.

(True/False)
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When using the RANK.AVG function the order argument determines the ________.

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The ________ function is best suited to determine the number of high school students under the age of 16.

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Two or more conditions can be used with the SUMIFS function.

(True/False)
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________ a measure of how two sets of data vary simultaneously.

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Match the following terms with the corresponding description:
VAR.S
Variance of a sample
STDEV.P
Variance of a population
VAR.P
Standard deviation of a population including logical values and text
Correct Answer:
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VAR.S
Variance of a sample
STDEV.P
Variance of a population
VAR.P
Standard deviation of a population including logical values and text
STDEVPA
Standard deviation of a population
STDEVA
Standard deviation of a sample including logical values and text
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Which of the following functions is best suited to calculate the covariance of a population?

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Which of the following functions will help determine the strength of a relationship between two variables?

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When using the QUARTILE.INC function the 4th quartile would include the highest number value.

(True/False)
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The ________ function calculates the variance of a population.

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Histograms can be created on a separate worksheet when using the Analysis ToolPak.

(True/False)
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Which of the following functions is best suited to determine the standard deviation of a sample including logical values and text?

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Match the following terms with the corresponding description:
Quartile 3
Identifies the value at the 75th percentile
Quartile 4
Lowest value in the dataset.Identical to using the MIN function.Allowed in QUARTILE.INC only
Quartile 0
Identifies the value at the 50th percentile
Correct Answer:
Verified
Premises:
Responses:
Quartile 3
Identifies the value at the 75th percentile
Quartile 4
Lowest value in the dataset.Identical to using the MIN function.Allowed in QUARTILE.INC only
Quartile 0
Identifies the value at the 50th percentile
Quartile 1
Highest value within the dataset.Identical to using the MAX function.Allowed in QUART ILE.INC only
Quartile 2
Identifies the value at the 25th percentile
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Match the following terms with the corresponding description:
SUMIF
Finds the mean for the cells specified by a given condition or criteria
AVERAGEIF
Adds the cells specified by a given set of conditions or criteria
COUNTIF
Finds the mean for the cells specified by a given set of conditions or criteria.
Correct Answer:
Verified
Premises:
Responses:
SUMIF
Finds the mean for the cells specified by a given condition or criteria
AVERAGEIF
Adds the cells specified by a given set of conditions or criteria
COUNTIF
Finds the mean for the cells specified by a given set of conditions or criteria.
SUMIFS
Counts the number of cells within a range that meet the given condition.
AVERAGEIFS
Adds the cells specified by on a given condition or criteria
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Histogram is a tool of the Analysis ToolPak.

(True/False)
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________ is a statistical hypothesis test that helps determine if samples of data were taken from the same population.

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What is the difference between calculating standard deviation of a population versus a sample?

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When using an array of data with the FREQUENCY function,the following keystroke is required.

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