Exam 3: Statistical Description of Data
Exam 1: A Preview of Business Statistics55 Questions
Exam 2: Visual Description of Data67 Questions
Exam 3: Statistical Description of Data146 Questions
Exam 4: Data Collection and Sampling Methods104 Questions
Exam 5: Probability: Review of Basic Concepts188 Questions
Exam 6: Discrete Probability Distributions140 Questions
Exam 7: Continuous Probability Distributions160 Questions
Exam 8: Sampling Distributions108 Questions
Exam 9: Estimation From Sample Data150 Questions
Exam 10: Hypothesis Tests Involving a Sample Mean or Proportion170 Questions
Exam 11: Hypothesis Tests Involving Two Sample Means149 Questions
Exam 12: Analysis of Variance Tests173 Questions
Exam 13: Chi-Square Applications134 Questions
Exam 14: Nonparametric Methods139 Questions
Exam 15: Simple Linear Regression and Correlation145 Questions
Exam 16: Multiple Regression and Correlation98 Questions
Exam 17: Model Building83 Questions
Exam 18: Models for Time Series and Forecasting127 Questions
Exam 19: Decision Theory82 Questions
Exam 20: Total Quality Management132 Questions
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Shares of stock owned by seven stockholders represent a percentage of the outstanding shares.The data are shown below:
Stackhulder Percentage A 0.7\% 0.7\% 17.8\% 5.1\% 4.3\% 1.8\% 2.1\% If the mean is 4.63 and the standard deviation is 5.594,what percentage of the measurements would you expect to fall between -3.748 and 13.034?
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Correct Answer:
At least 55.6%
The mean is one of the most frequently used measures of ____________________.
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Correct Answer:
central tendency
In a positively skewed distribution,the:
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Correct Answer:
A
Your final statistics grade will be based on your final exam score,a homework score,and a final project,each weighted according to the following table.
Type Scare Waidht Exam 94 50\% Praject 89 35\% Hamewark 83 15\% Determine your final grade.
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A student scores 89,72,93,and 84 on four exams during the semester and 96 on the final exam.If the final is weighted double and the four others weighted equally,what would the student's final average be?
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The value in the data set that occurs with the greatest frequency is known as the:
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You are interested in beginning a small business enterprise and one aspect of your research is to look at the loan record for stockholders of small business corporations.A14-year record of net loans from stockholders of small business corporations (in billions of dollars)are as follows: 1.6,-0.2,1.0,1.4,-0.1,0.6,1.5,0.9,2.2,1.3,1.9,1.9,2.8,and 5.0.
Calculate the mode.
____________________ billion
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Sample values of 13 monthly sales figures (in thousands of dollars)are: 6,5,6,6,7,8,9,10,10,10,9,9,and 6.
What is the mean sales figure?
____________________ thousand
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Use the frequency distribution below to determine the mean and standard deviation of this sample. Frequency 0 5 1 13 2 38 3 26 4 10 5 8 = ____________________.
s = ____________________.
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The following data represents the years of service for 10 employees at a particular company:
8 11 6 2 11 6 5 6 10 15
Determine the quartiles.
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The difference between the mean of a data set and the individual values of that set is known as the:
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Which of the following is not a measure of central tendency?
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Sample data
Consider the following sample data: 6,10,4,3,7,9,21,and 14.
-What is the range of this data sample?
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Characteristics of the population are referred to as parameters,while characteristics of the sample are referred to as statistics.
(True/False)
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Chebyshev's Theorem states that the percentage of observations in a data set that should fall within five standard deviations of their mean is:
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A sample of interest rates on unpaid credit card balances yields the following data: 13.25,13.67,13.60,13.29,12.97,12.90,12.76,12.66,12.58,12.77,and 12.91.Find the median interest rate.
(Short Answer)
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