Exam 3: Describing Data: Numerical Measures
Exam 1: What Is Statistics79 Questions
Exam 2: Describing Data: Frequency Tables, Frequency Distributions, and Graphic Presentation87 Questions
Exam 3: Describing Data: Numerical Measures191 Questions
Exam 4: A Survey of Probability Concepts130 Questions
Exam 5: Discrete Probability Distributions121 Questions
Exam 6: Continuous Probability Distributions143 Questions
Exam 7: Sampling Methods and the Central Limit Theorem78 Questions
Exam 8: Estimation and Confidence Intervals134 Questions
Exam 9: One-Sample Tests of Hypothesis139 Questions
Exam 10: Two-Sample Tests of Hypothesis103 Questions
Exam 11: Analysis of Variance97 Questions
Exam 12: Linear Regression and Correlation166 Questions
Exam 13: Multiple Regression and Correlation Analysis128 Questions
Exam 14: Chi-Square Applications126 Questions
Exam 15: Index Numbers93 Questions
Exam 16: Time Series and Forecasting90 Questions
Exam 17: An Introduction to Decision Theory54 Questions
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i. An outlier is a data point that always occurs in the first quartile. ii. A student scored in the 85 percentile on a standardized test. This means that the student scored higher than 85% of the rest of the students taking the test.
iii. The interquartile range is the difference between the values of the first and third quartile, indicating the range of the middle fifty percent of the observations.
(Multiple Choice)
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A survey of passengers on domestic flights revealed these distances:
What is the range (in kms)?

(Multiple Choice)
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(i. The weekly sales from a sample of ten computer stores yielded a mean of $25,900; a median $25,000 and a mode of $24,500. The shape of the distribution is negatively skewed (ii) For the median (measure of central tendency), the data must be ranked before it is possible to determine it.
(iii) If the sum of all the values of a distribution is divided by the number of values, the result is the arithmetic mean.
(Multiple Choice)
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The mean, as a measure of central tendency, would be inappropriate for which one of the following?
(Multiple Choice)
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i. In a negatively skewed distribution, the mean is always greater than the median. ii. In a negatively skewed distribution, the median occurs at the peak of the curve.
iii. In a positively skewed distribution, the mode is greater than the median.
(Multiple Choice)
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i. In a positively skewed distribution, the mean is always greater than the median. ii. In a negatively skewed distribution, the mode occurs at the peak of the curve.
iii. In a negatively skewed distribution, the mode is greater than the median.
(Multiple Choice)
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i. The interquartile range is the average of the values of the first and third quartile. ii. An outlier is a data point that always occurs in the first quartile.
iii. A student scored in the 85 percentile on a standardized test. This means that the student scored lower than 85% of the rest of the students taking the test.
(Multiple Choice)
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In the calculation of the arithmetic mean for grouped data, which value is used to represent all the values in a particular class?
(Multiple Choice)
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Chebyshev's theorem states that: i. About 68% of the observation will lie within one standard deviation of the mean.
ii. About 95% of the observations will lie within two standard deviations of the mean.
iii. Virtually all (99.7%) will lie within three standard deviations of the mean.
(Multiple Choice)
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(i. The median (measure of central tendency) cannot be determined if the distribution has an open-ended class. (ii) The measure of central tendency used to determine the average annual percent increase in sales from one time period to another is the geometric mean.
(iii) The smallest measure of central tendency in a positively skewed distribution is the mode
(Multiple Choice)
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The ages of a sample of telephones used in a small town hotel were organized into the following table:
What is the sample variance?

(Multiple Choice)
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Which one of the following is referred to as the population mean?
(Multiple Choice)
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A telemarketing firm is monitoring the performance of its employees based on the number of sales per hour. One employee had the following sales for the last 20 hours
(i) The median for the distribution of number of sales per hour is 5 sales per hour.
(ii. The first quartile for the distribution of number of sales per hour is 4 sales per hour.
(iii) For the distribution of number of sales per hour, 50% of the observations are between 3 and 7.5.

(Multiple Choice)
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i. If a frequency distribution is open-ended, the variance cannot be determined. ii. The range cannot be computed for data grouped in a frequency distribution having an open end.
iii. The standard deviation is the positive square root of the variance
(Multiple Choice)
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The following are the weekly amounts of welfare payments made by the federal government to a sample of six families: $139, $136, $130, $136, $147 and $136. What is the range?
(Multiple Choice)
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Which measures of central tendency are not affected by extremely low or extremely high values?
(Multiple Choice)
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A large oil company is studying the number of gallons of gasoline purchased per customer at self-service pumps. The mean number of litres is 10.0 with a standard deviation of 3.0 litres. The median is 10.75 litres. What is the Pearson's coefficient of skewness?
(Multiple Choice)
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i. A percentile divides a distribution into one hundred equal parts. ii. A student scored in the 85 percentile on a standardized test. This means that the student scored higher than 85% of the rest of the students taking the test.
iii. The interquartile range is the difference between the values of the first and third quartile, indicating the range of the middle fifty percent of the observations.
(Multiple Choice)
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i. A value that is typical or representative of the data is referred to as a measure of central tendency. ii. The arithmetic mean is the sum of the observations divided by the total number of observations
iii. The value of the observation in the center after they have been arranged in numerical order is called the weighted mean
(Multiple Choice)
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