Exam 3: Descriptive Statistics

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The following frequency distribution was constructed for the age of accounts receivable: The following frequency distribution was constructed for the age of accounts receivable:   The frequency distribution reveals that the accounts receivable ages are ___. The frequency distribution reveals that the accounts receivable ages are ___.

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Skewness indicates that a data distribution is symmetrical or asymmetrical.

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Consider the following data: 0, 2, 4, 6, 11, 12, 13. The 35th percentile is

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An instructor is evaluating the performance of students on a test. He records the number of points that each student missed and created a frequency distribution. This is provided below: An instructor is evaluating the performance of students on a test. He records the number of points that each student missed and created a frequency distribution. This is provided below:    What is the variance for this population? What is the variance for this population?

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Kurtosis is a measure of the association between two numerical variables.

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___ are quantiles that divide a group of data into 100 parts.

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A measure of how peaked the data is, is called kurtosis.

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Excel can produce individual or multiple descriptive statistics.

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If the mean of a distribution is greater than the median, then the distribution is positively skewed.

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Shaun Connor, Human Resources Manager for Oil Terminals (OT), is reviewing the operator training hours at OT nationally. His staff compiled the following table of national statistics on operators training hours. Shaun Connor, Human Resources Manager for Oil Terminals (OT), is reviewing the operator training hours at OT nationally. His staff compiled the following table of national statistics on operators training hours.   What can Shaun conclude from these statistics? What can Shaun conclude from these statistics?

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The range and interquartile range don't take into account all of the values in a data set when describing variation.

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The middle value in an ordered array of numbers is called the mode.

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The following frequency distribution was constructed for the age of accounts receivable: The following frequency distribution was constructed for the age of accounts receivable:   The frequency distribution reveals that the accounts receivable ages are ___. The frequency distribution reveals that the accounts receivable ages are ___.

(Multiple Choice)
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