Exam 2: Charts and Graphs

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A scatter plot is useful for examining the relationship between two numerical variables.

(True/False)
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A person has decided to construct a frequency distribution for a set of data containing 60 numbers.The lowest number is 23 and the highest number is 68.If 5 classes are used,the class width should be approximately ___.

(Multiple Choice)
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Pinky Bauer,Chief Financial Officer of Harrison Haulers,Inc. ,suspects irregularities in the payroll system,and orders an inspection of "each and every payroll voucher issued since January 1,2000." Each payroll voucher was inspected and the following frequency distribution was compiled. Pinky Bauer,Chief Financial Officer of Harrison Haulers,Inc. ,suspects irregularities in the payroll system,and orders an inspection of each and every payroll voucher issued since January 1,2000. Each payroll voucher was inspected and the following frequency distribution was compiled.   The midpoint of the first class interval is ___. The midpoint of the first class interval is ___.

(Multiple Choice)
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For a company in gardening supplies business,the best graphical way to show the percentage of a total budget that is spent on each of a number of different expense categories is the stem and leaf plot.

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Each day,the office staff at Oasis Quick Shop prepares a frequency distribution and an ogive of sales transactions by dollar value of the transactions.Saturday's cumulative frequency ogive follows: Each day,the office staff at Oasis Quick Shop prepares a frequency distribution and an ogive of sales transactions by dollar value of the transactions.Saturday's cumulative frequency ogive follows:   The percentage of sales transactions on Saturday that were at least $100 each was ___. The percentage of sales transactions on Saturday that were at least $100 each was ___.

(Multiple Choice)
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Consider the following stem and leaf plot: Consider the following stem and leaf plot:   Suppose that a frequency distribution was developed from this,and there were 5 classes (10-under 20,20-under 30,etc. ).What is the cumulative frequency for the 30-under 40 class interval? Suppose that a frequency distribution was developed from this,and there were 5 classes (10-under 20,20-under 30,etc. ).What is the cumulative frequency for the 30-under 40 class interval?

(Multiple Choice)
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The staff of Ms.Tamara Hill,VP of Technical Analysis at Blue Sky Brokerage,prepared a frequency histogram of market capitalization of the 937 corporations listed on the American Stock Exchange in January 2003. The staff of Ms.Tamara Hill,VP of Technical Analysis at Blue Sky Brokerage,prepared a frequency histogram of market capitalization of the 937 corporations listed on the American Stock Exchange in January 2003.   Approximately ___ corporations had capitalizations of $200,000,000 or less. Approximately ___ corporations had capitalizations of $200,000,000 or less.

(Multiple Choice)
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The following represent the ages of students in a class: 19,23,21,19,19,20,22,31,21,20 If a stem and leaf plot were to be developed from this,how many stems would there be?

(Multiple Choice)
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Describe and construct different types of qualitative data graphs,including pie charts,bar charts,and Pareto charts.Explain when these graphs should be used.

(Essay)
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Consider the following frequency distribution: Consider the following frequency distribution:   What is the relative frequency of the second class interval? What is the relative frequency of the second class interval?

(Multiple Choice)
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Consider the following frequency distribution: Consider the following frequency distribution:   What is the midpoint of the last class interval? What is the midpoint of the last class interval?

(Multiple Choice)
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Consider the relative frequency distribution given below: Consider the relative frequency distribution given below:    There were 60 numbers in the data set.How many of the number were less than 80? There were 60 numbers in the data set.How many of the number were less than 80?

(Multiple Choice)
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Consider the relative frequency distribution given below: Consider the relative frequency distribution given below:   There were 60 numbers in the data set.How many numbers were in the interval 40-under 60? There were 60 numbers in the data set.How many numbers were in the interval 40-under 60?

(Multiple Choice)
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A scatter plot shows how the numbers in a data set are scattered around their average.

(True/False)
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A cumulative frequency distribution provides a running total of the frequencies in the classes.

(True/False)
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If the individual class frequency is divided by the total frequency,the result is the median frequency.

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The following class intervals for a frequency distribution were developed to provide information regarding the starting salaries for students graduating from a particular school: The following class intervals for a frequency distribution were developed to provide information regarding the starting salaries for students graduating from a particular school:   Before data was collected,someone questioned the validity of this arrangement.Which of the following represents a problem with this set of intervals? Before data was collected,someone questioned the validity of this arrangement.Which of the following represents a problem with this set of intervals?

(Multiple Choice)
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Explain the difference between grouped and ungrouped data and construct a frequency distribution from a set of data and explain what the distribution represents.

(Essay)
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The staff of Mr.Wayne Wertz,VP of Operations at Portland Peoples Bank,prepared a frequency histogram of waiting time for walk-in customers. The staff of Mr.Wayne Wertz,VP of Operations at Portland Peoples Bank,prepared a frequency histogram of waiting time for walk-in customers.   Approximately ___ walk-in customers waited less than 2 minutes. Approximately ___ walk-in customers waited less than 2 minutes.

(Multiple Choice)
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Each day,the office staff at Oasis Quick Shop prepares a frequency distribution and a histogram of sales transactions by dollar value of the transactions.Friday's histogram follows: Each day,the office staff at Oasis Quick Shop prepares a frequency distribution and a histogram of sales transactions by dollar value of the transactions.Friday's histogram follows:   On Friday,the approximate number of sales transactions in the 125-under 150 category was ___. On Friday,the approximate number of sales transactions in the 125-under 150 category was ___.

(Multiple Choice)
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