Exam 3: Numerical Descriptive Measures
Exam 1: Introduction and Data Collection131 Questions
Exam 2: Presenting Data in Tables and Charts178 Questions
Exam 3: Numerical Descriptive Measures148 Questions
Exam 4: Basic Probability146 Questions
Exam 5: Some Important Discrete Probability Distributions169 Questions
Exam 6: The Normal Distribution and Other Continuous Distributions187 Questions
Exam 7: Sampling Distributions183 Questions
Exam 8: Confidence Interval Estimation176 Questions
Exam 9: Fundamentals of Hypothesis Testing: One-Sample Tests167 Questions
Exam 10: Hypothesis Testing: Two Sample Tests160 Questions
Exam 11: Analysis of Variance141 Questions
Exam 12: Simple Linear Regression196 Questions
Exam 13: Introduction to Multiple Regression256 Questions
Exam 14: Time-Series Forecasting and Index Numbers203 Questions
Exam 15: Chi-Square Tests135 Questions
Exam 16: Multiple Regression Model Building92 Questions
Exam 17: Decision Making111 Questions
Exam 18: Statistical Applications in Quality and Productivity Management127 Questions
Exam 19: Further Non-Parametric Tests51 Questions
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Which descriptive summary measures are considered to be resistant statistics?
(Multiple Choice)
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Instruction 3-3
The stem-and-leaf display below represents the number of vitamin supplements sold by a health food store in a sample of 16 days.
Stem Leaves 1 99 2 0023 2 567 3 034 3 568 4 1 Note (1): 1H means the "high teens" = 15,16,17,18,or 19;2L means the "low twenties" = 20,21,22,23,or 24;2H means the "high twenties" = 25,26,27,28,or 29,etc.
Note (2): For this sample,the sum of the observations is 448,the sum of the squares of the observations is 13,356,and the sum of the squared differences between each observation and the mean is 812.
-Referring to Instruction 3-3,the median number of vitamin supplements sold in this sample is ________.
(Short Answer)
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The smaller the spread of scores around the arithmetic mean
(Multiple Choice)
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In right-skewed distributions,the distance from Q3 to the largest observation exceeds the distance from the smallest observation to Q1.
(True/False)
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Which of the following statements about the median is NOT true?
(Multiple Choice)
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Which of the following is NOT a measure of central tendency?
(Multiple Choice)
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Instruction 3-5
The rate of return of a listed Australian company over the past 15 years are:
3.17%,4.43%,5.93%,5.43%,7.29%,8.21%,6.23%,5.23%,4.34%,6.68%,7.14%,-5.56%,-5.23%,-5.73%,-10.34%.
-Referring to Instruction 3-5,what is the shape of the distribution for the rate of return?
(Short Answer)
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Instruction 3-6
The rates of return of an Internet Service Provider over a 10 year period are:
10.25%,12.64%,8.37%,9.29%,6.23%,42.53%,29.23%,15.25%,21.52%,-2.35%.
-Referring to Instruction 3-6,what is the shape of the distribution for the rate of return?
(Short Answer)
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The vertical line drawn within the box of the boxplot always represents the arithmetic mean.
(True/False)
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If the arithmetic mean of a numerical data set exceeds the median,the data are considered to be ________ skewed.
(Short Answer)
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Instruction 3-2
The data below represents the amount of grams of carbohydrates in a serving of breakfast cereal in a sample of 11 different servings.
-Referring to Instruction 3-2,the range in the carbohydrate amounts is ________ grams.
(Short Answer)
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Instruction 3-7
Given below is the frequency distribution of the 12-month rate of return achieved by 30 stocks.
12-month Rate of Return Number of Funds -0.10 but less than 0.0 3 0.0 but less than 0.1 5 0.1 but less than 0.2 6 0.2 but less than 0.3 10 0.3 but less than 0.4 6
-Referring to Instruction 3-7,what is the approximate mean rate of return?
(Short Answer)
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Instruction 3-6
The rates of return of an Internet Service Provider over a 10 year period are:
10.25%,12.64%,8.37%,9.29%,6.23%,42.53%,29.23%,15.25%,21.52%,-2.35%.
-Referring to Instruction 3-6,compute the geometric mean rate of return.
(Short Answer)
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Instruction 3-4
The ordered array below represents the number of cargo manifests approved by customs inspectors at the Port
of Brisbane in a sample of 35 days.
16,17,18,18,19,20,20,21,21,21,22,22,22,22,23,23,23,23,24,24,24,25,25,26,26,26,27,28,28,29,29,31,31,32,32
Note: For this sample,the sum of the observations is 838,the sum of the squares of the observations is 20,684,
and the sum of the squared differences between each observation and the mean is 619.89.
-Referring to Instruction 3-4,the interquartile range of the customs data is ________.
(Short Answer)
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Data on the change in the cost of tuition,a shared dormitory room,and the most popular meal plan from one academic year to the next academic year for a sample of 100 public universities were collected.Below is the boxplot for the change in cost in dollars.The distribution of the change in cost is 

(Multiple Choice)
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Instruction 3-2
The data below represents the amount of grams of carbohydrates in a serving of breakfast cereal in a sample of 11 different servings.
-Referring to Instruction 3-2,the arithmetic mean carbohydrates in this sample is ________ grams.
(Short Answer)
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According to the Chebyshev rule,at least what percentage of the observations in any data set are contained within a distance of 2 standard deviations around the mean?
(Multiple Choice)
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Instruction 3-4
The ordered array below represents the number of cargo manifests approved by customs inspectors at the Port
of Brisbane in a sample of 35 days.
16,17,18,18,19,20,20,21,21,21,22,22,22,22,23,23,23,23,24,24,24,25,25,26,26,26,27,28,28,29,29,31,31,32,32
Note: For this sample,the sum of the observations is 838,the sum of the squares of the observations is 20,684,
and the sum of the squared differences between each observation and the mean is 619.89.
-Referring to Instruction 3-4,the range of the customs data is ________.
(Short Answer)
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Instruction 3-2
The data below represents the amount of grams of carbohydrates in a serving of breakfast cereal in a sample of 11 different servings.
-Referring to Instruction 3-2,the third quartile of the carbohydrate amounts is ________ grams.
(Short Answer)
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