Exam 3: Descriptive Statistics: Numerical Measures

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The descriptive measure that is not measured in the same units as the original data is the

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Ron Butler, a custom home builder, is looking over the expenses he incurred for a house he just completed constructing. For the purpose of pricing future construction projects, he would like to know the average wage ($/hour) he paid the workers he employed. Listed below are the categories of worker he employed, along with their respective wage and total hours worked. What is the average wage ($/hour) he paid the workers? Ron Butler, a custom home builder, is looking over the expenses he incurred for a house he just completed constructing. For the purpose of pricing future construction projects, he would like to know the average wage ($/hour) he paid the workers he employed. Listed below are the categories of worker he employed, along with their respective wage and total hours worked. What is the average wage ($/hour) he paid the workers?

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Excel's __________ function can be used to compute the mode.

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In computing descriptive statistics from grouped data,

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The annual part-time earnings of a sample of college students are given below. The annual part-time earnings of a sample of college students are given below.   A)Compute the mean. B)Compute the variance. C)Compute the standard deviation. D)Compute the coefficient of variation. A)Compute the mean. B)Compute the variance. C)Compute the standard deviation. D)Compute the coefficient of variation.

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The __________ denotes the number of standard deviations xi is from the mean The __________ denotes the number of standard deviations x<sub>i</sub> is from the mean   . .

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An important numerical measure of the shape of a distribution is the

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Exhibit 3-2 A researcher has collected the following sample data. The mean of the sample is 5. Exhibit 3-2 A researcher has collected the following sample data. The mean of the sample is 5.    -Refer to Exhibit 3-2. The coefficient of variation is -Refer to Exhibit 3-2. The coefficient of variation is

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A numerical measure of linear association between two variables is the

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Exhibit 3-3 Suppose annual salaries for sales associates from a particular store have a bell-shaped distribution with a mean of $32,500 and a standard deviation of $2,500. -Refer to Exhibit 3-3. The z-score for a sales associate from this store who earns $37,500 is

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__________ can be used to determine the percentage of data values that must be within one, two, and three standard deviations of the mean for data having a bell-shaped distribution.

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Which of the following is a measure of dispersion?

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Provide a five-number summary for the follow data. Provide a five-number summary for the follow data.

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The symbol is used to represent the

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Exhibit 3-1 A researcher has collected the following sample data. Exhibit 3-1 A researcher has collected the following sample data.    -Refer to Exhibit 3-1. The mean is -Refer to Exhibit 3-1. The mean is

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A numerical measure computed from a sample, such as sample mean, is known as a

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The standard deviation of a sample of 100 observations equals 64. The variance of the sample equals

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Excel's __________ function can be used to compute the median.

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Exhibit 3-2 A researcher has collected the following sample data. The mean of the sample is 5. Exhibit 3-2 A researcher has collected the following sample data. The mean of the sample is 5.    -Refer to Exhibit 3-2. The range is -Refer to Exhibit 3-2. The range is

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For data skewed to the left, the skewness is

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