Deck 3: Describing Data: Numerical Measures

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Question
A parameter is a measurable characteristic of a sample.
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A value that is typical or representative of the data is referred to as a measure of central location.
Question
For an ordered data set with an even number of ungrouped values,the median is the arithmetic mean of the two middle values.
Question
The mode is the value of the observation that appears most frequently.
Question
For salaries of $102,000,$98,000,$45,000,$106,000 and $101,000,the arithmetic mean would be an appropriate average.
Question
A set of ordinal,interval or ratio level data may only have one mode.
Question
For any distribution,there are an equal number of values above and below the mean.
Question
Extremely high or low scores affect the value of the median.
Question
The median can be determined for any set of interval-level data.
Question
For an ordered data set with an even number of ungrouped values,half of the values will be less than the median.
Question
For a set of data arranged or sorted in numerical order,the value of the observation in the center is called the weighted mean.
Question
The sum of the deviations from the mean for the set of numbers 4,9 and 5 will equal zero.
Question
The arithmetic mean is the sum of the quantitative observations divided by the total number of observations.
Question
A variable measured at the interval or ratio level can have more than one arithmetic mean.
Question
A distribution that has the same shape on either side of the center is described as symmetrical.
Question
In a negatively skewed distribution,the mean is greater than the median.
Question
A statistic is a measurable characteristic of the population.
Question
Three persons earn $8 an hour,six earn $9 an hour,and one earns $12 an hour.The weighted mean hourly wage is $9.
Question
A negatively skewed distribution is not symmetrical.The long tail is to the left or in the negative direction.
Question
If a variable is measured at the interval or ratio level,all the values are included when computing the mean.
Question
The variance is the mean of the sum of the squared deviations between each observation and the median.
Question
In a negatively skewed distribution,the mean is smaller than the median or mode and the mode occurs at the peak of the curve.
Question
For a symmetrical distribution,the variance is equal to the standard deviation.
Question
According to the Empirical Rule,75% percent of the observations lie within plus and minus 2.00 average mean deviations.
Question
The mean absolute deviation is the most commonly used measure of dispersion.
Question
The standard deviation is the positive square root of the variance.
Question
In a company,the standard deviation of the ages of female employees is six years and the standard deviation of the ages of male employees is ten years.These statistics indicate that the dispersion of age is greater for females than for males.
Question
According to the Empirical Rule,95% percent of the observations lie within plus and minus 2.00 times (multiplied)the variance.
Question
What is the relationship among the mean,median and mode in a symmetric distribution?

A)They are all equal
B)The mean is always the smallest value
C)The mean is always the largest value
D)The mode is the largest value
Question
Dispersion describes the degree of variation in the data.
Question
The mean deviation is the difference between the mean or the deviations and the arithmetic mean.
Question
If we find the deviation of each value from the median,the sum of these deviations is always zero.
Question
The Empirical Rule states that about 68% of the observation will lie within one standard deviation of the mean;about 95% of the observations will lie within two standard deviations of the mean;and virtually all (99.7%)will lie within three standard deviations of the mean.
Question
In a positively skewed distribution,the mode is greater than the median.
Question
For a data set,half of the observations are always greater than the

A)Median
B)Mode
C)Mean
D)Standard deviation
Question
The sum of the deviations of each data value from this measure of central location will always be zero.

A)Mode
B)Mean
C)Median
D)Standard deviation
Question
For any data set,Chebyshev's Theorem estimates the proportion of observations that occurs within k standard deviations of the mean,where k is greater than 1.0.
Question
Which measures of central location are not affected by extremely small or extremely large values?

A)Mean and median
B)Mean and mode
C)Mode and median
D)Standard deviation and mean
Question
According to Chebyshev's Theorem,75% percent of the observations lie within plus and minus 2.00 average mean deviations.
Question
For any data set,which measures of central location have only one value?

A)Mode and median
B)Mode and mean
C)Mode and standard deviation
D)Mean and median
Question
A sample of the paramedical fees charged by clinics revealed these amounts: $55,$49,$50,$45,$52 and $55.What is the median charge?

A)$47.50
B)$51.00
C)$52.00
D)$55.00
Question
For a data set with an odd number of observations that have been sorted or arrayed from smallest to largest values,where is the median located?

A)n
B)n/2
C)(n + 1)/2
D)n + ½
Question
During the past six months,the purchasing agent bought: <strong>During the past six months,the purchasing agent bought:   What is the weighted arithmetic mean price per ton?</strong> A)$87.25 B)$72.33 C)$68.47 D)$89.18 E)$67.92 <div style=padding-top: 35px> What is the weighted arithmetic mean price per ton?

A)$87.25
B)$72.33
C)$68.47
D)$89.18
E)$67.92
Question
A disadvantage of using an arithmetic mean to summarize a set of data is

A)The arithmetic mean sometimes has two values.
B)It can be used for interval and ratio data.
C)It is always different from the median.
D)It can be biased by one or two extremely small or large values.
Question
What is the lowest level of measurement that a median can be computed?

A)Nominal
B)Ordinal
C)Interval
D)Ratio
Question
Fifteen accounting majors had an average grade of 90 on a finance exam.Seven marketing majors averaged 85,while ten finance majors averaged 93 on the same exam.What is the weighted mean for the 32 students taking the exam?

A)89.84
B)89.33
C)89.48
D)Impossible to determine without more information
Question
On a survey questionnaire,students were asked to indicate their class rank in college.If there were only four choices from which to choose,which measure(s)of central location would be appropriate to use for the data generated by that questionnaire item?

A)Mean and median
B)Mean and mode
C)Mode and median
D)Mode only
Question
Which measure of central location is found by arranging the data from smallest to largest and selecting the middle value?

A)Arithmetic mean
B)Median
C)Mode
D)Mean
E)Standard deviation
Question
The number of work stoppages in a highly industrialized region for selected months are: 6,0,10,14,8 and 0.What is the median number of stoppages?

A)0
B)6
C)7
D)8
E)3
Question
The mean,as a measure of central location would be inappropriate for which one of the following?

A)Ages of adults at a senior citizen center
B)Incomes of lawyers
C)Number of pages in textbooks on statistics
D)Marital status of college students at a particular university
Question
Which one of the following is referred to as the population mean?

A)µ
B)s
C) σ\sigma
D) χ\chi
Question
The net incomes (in $ millions)of a sample of steel fabricators are: $86,$67,$86 and $85.What is the modal net income?

A)$67
B)$85
C)$85.5
D)$86
Question
A question in a market survey asks for a respondent's favorite car color.Which measure of central location should be used to summarize this question?

A)Mode
B)Median
C)Mean
D)Standard deviation
Question
A sample of single persons receiving social security payments revealed these monthly benefits: $826,$699,$1,087,$880,$839 and $965.How many observations are below the median?

A)0
B)1
C)2
D)3
E)3.5
Question
The U.S.Department of Education reported that for the past seven years 4,033,5,652,6,407,7,201,8,719,11,154,and 15,121 people received bachelor's degrees in computer and information sciences.What is the annual arithmetic mean number of degrees awarded?

A)About 12,240
B)About 8,327
C)About 6,217
D)About 15,962
Question
A stockbroker placed the following order for a customer: \bullet 50 shares of Kaiser Aluminum preferred at $104 a share
\bullet 100 shares of GTE preferred at $25.25 a share
\bullet 20 shares of Boston Edison preferred at $9.125 a share
What is the weighted arithmetic mean price per share?

A)$25.25
B)$79.75
C)$103.50
D)$46.51
Question
What is the median of 26,30,24,32,32,31,27 and 29?

A)32
B)29
C)30
D)29.5
Question
Sometimes,data has two values that have the highest and equal frequencies.In this case,the distribution of the data can best be summarized as

A)symmetric
B)bimodal (having two modes)
C)positively skewed
D)negatively skewed
Question
A bottling company offers three kinds of delivery service - instant,same day and within five days.The profit per delivery varies according to the kind of delivery.The profit for an instant delivery is less than the other kinds because the driver has to go directly to a grocery store with a small load and return to the bottling plant.To find out what effect each type of delivery has on the profit picture,the company summarized the data in the following table based on deliveries for the previous quarter. <strong>A bottling company offers three kinds of delivery service - instant,same day and within five days.The profit per delivery varies according to the kind of delivery.The profit for an instant delivery is less than the other kinds because the driver has to go directly to a grocery store with a small load and return to the bottling plant.To find out what effect each type of delivery has on the profit picture,the company summarized the data in the following table based on deliveries for the previous quarter.   What is the weighted mean profit per delivery?</strong> A)$72 B)$110 C)$142 D)$97 E)$66.67 <div style=padding-top: 35px> What is the weighted mean profit per delivery?

A)$72
B)$110
C)$142
D)$97
E)$66.67
Question
The lengths of time (in minutes)several underwriters took to review applications for similar insurance coverage are: 50,230,52 and 57.What is the median length of time required to review an application?

A)54.5
B)141.0
C)97.25
D)109.0
Question
The weights of a sample of crates ready for shipment to Moscow,Russia are (in kilograms): 103,97,101,106 and 103.What is the mean deviation?

A)0 kg
B)6.9 kg
C)102.0 kg
D)2.4 kg
E)9.0 kg
Question
What is a disadvantage of the range as a measure of dispersion?

A)Based on only two observations
B)Can be distorted by a large mean
C)Not in the same units as the original data
D)Has no disadvantage
Question
According to Chebyshev's Theorem,what percent of the observations lie within plus and minus 1.75 standard deviations of the mean?

A)56%
B)95%
C)67%
D)Cannot compute because it depends on the shape of the distribution
Question
Ten experts rated a newly developed chocolate chip cookie on a scale of 1 to 50.Their ratings were: 34,35,41,28,26,29,32,36,38 and 40.What is the mean deviation?

A)8.00
B)4.12
C)12.67
D)0.75
Question
A sample of the monthly amounts spent for food by families of four receiving food stamps approximates a symmetrical distribution.The sample mean is $150 and the standard deviation is $20.Using the Empirical Rule,about 95 percent of the monthly food expenditures are between what two amounts?

A)$100 and $200
B)$85 and $105
C)$205 and $220
D)$110 and $190
Question
What is a unique characteristic of the mean deviation?

A)It is based on only two observations.
B)It is based on deviations from the mean.
C)It uses absolute values.
D)It is only applied to skewed distributions.
Question
Which of the following measures of dispersion are based on deviations from the mean?

A)Variance
B)Standard deviation
C)Mean deviation
D)All of the above
Question
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?

A)$0
B)$14
C)$52
D)$17
Question
A sample of the personnel files of eight male employees revealed that,during a six-month period,they lost the following number of days due to illness: 2,0,6,3,10,4,1 and 2.What is the mean deviation (in days)?

A)1
B)0
C)3 1/8
D)2 3/8
Question
What is the relationship between the variance and the standard deviation?

A)Variance is the square root of the standard deviation
B)Variance is the square of the standard deviation
C)Variance is twice the standard deviation
D)No constant relationship between the variance and the standard deviation
Question
Rank the measures of dispersion in terms of their relative computational difficulty from least to most difficulty.

A)Mode,median,mean
B)Range,mean deviation,variance
C)Variance,mean deviation,range
D)There is no difference
Question
The ages of all the patients in the isolation ward of the hospital are 38,26,13,41 and 22.What is the population variance?

A)106.8
B)91.4
C)240.3
D)42.4
Question
Rank the measures of dispersion in terms of their relative ease of interpretation from least to most difficulty.

A)Mode,median,mean
B)Range,mean deviation,variance
C)Variance,mean deviation,range
D)There is no difference
Question
What is the range for a sample of March electric bills amounts for all-electric homes of similar sizes (to the nearest dollar): $212,$191,$176,$129,$106,$92,$108,$109,$103,$121,$175 and $194.

A)$100
B)$130
C)$120
D)$112
Question
The weights (in kilograms)of a group of crates being shipped to Panama are 95,103,110,104,105,112 and 92.What is the mean deviation?

A)5.43 kg
B)6.25 kg
C)0.53 kg
D)52.50 kg
Question
The sum of the differences between sample observations and the sample mean is

A)Zero
B)The mean deviation
C)The range
D)The standard deviation
Question
The closing prices of a common stock have been 61.5,62,61.25,60.875 and 61.5 for the past week.What is the range?

A)$1.250
B)$1.750
C)$1.125
D)$1.875
Question
If the variance of the "number of daily parking tickets issued" is 100,the variance is defined as

A)"number of daily parking tickets".
B)"number of daily parking tickets" squared.
C)the absolute value of the "number of daily parking tickets".
D)the square root of the "number of daily parking tickets".
Question
Which measure of dispersion disregards the algebraic signs (plus and minus)of each difference between X and the mean?

A)Standard deviation
B)Mean deviation
C)Arithmetic mean
D)Variance
Question
A purchasing agent for a trucking company is shopping for replacement tires for their trucks from two suppliers.The suppliers' prices are the same.However,Supplier A's tires have an average life of 60,000 miles with a standard deviation of 10,000 miles.Supplier B's tires have an average life of 60,000 miles with a standard deviation of 2,000 miles. Which of the following statements is true?

A)The two distributions of tire life are the same
B)On average,Supplier A's tires have a longer life then Supplier B's tires
C)The life of Supplier B's tire is more predictable than the life of Supplier A's tires
D)The dispersion of Supplier A's tire life is less than the dispersion of Supplier B's tire life
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Deck 3: Describing Data: Numerical Measures
1
A parameter is a measurable characteristic of a sample.
False
2
A value that is typical or representative of the data is referred to as a measure of central location.
True
3
For an ordered data set with an even number of ungrouped values,the median is the arithmetic mean of the two middle values.
True
4
The mode is the value of the observation that appears most frequently.
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5
For salaries of $102,000,$98,000,$45,000,$106,000 and $101,000,the arithmetic mean would be an appropriate average.
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6
A set of ordinal,interval or ratio level data may only have one mode.
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7
For any distribution,there are an equal number of values above and below the mean.
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8
Extremely high or low scores affect the value of the median.
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9
The median can be determined for any set of interval-level data.
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10
For an ordered data set with an even number of ungrouped values,half of the values will be less than the median.
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11
For a set of data arranged or sorted in numerical order,the value of the observation in the center is called the weighted mean.
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12
The sum of the deviations from the mean for the set of numbers 4,9 and 5 will equal zero.
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13
The arithmetic mean is the sum of the quantitative observations divided by the total number of observations.
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14
A variable measured at the interval or ratio level can have more than one arithmetic mean.
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15
A distribution that has the same shape on either side of the center is described as symmetrical.
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16
In a negatively skewed distribution,the mean is greater than the median.
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17
A statistic is a measurable characteristic of the population.
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18
Three persons earn $8 an hour,six earn $9 an hour,and one earns $12 an hour.The weighted mean hourly wage is $9.
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19
A negatively skewed distribution is not symmetrical.The long tail is to the left or in the negative direction.
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20
If a variable is measured at the interval or ratio level,all the values are included when computing the mean.
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21
The variance is the mean of the sum of the squared deviations between each observation and the median.
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22
In a negatively skewed distribution,the mean is smaller than the median or mode and the mode occurs at the peak of the curve.
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23
For a symmetrical distribution,the variance is equal to the standard deviation.
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24
According to the Empirical Rule,75% percent of the observations lie within plus and minus 2.00 average mean deviations.
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25
The mean absolute deviation is the most commonly used measure of dispersion.
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26
The standard deviation is the positive square root of the variance.
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27
In a company,the standard deviation of the ages of female employees is six years and the standard deviation of the ages of male employees is ten years.These statistics indicate that the dispersion of age is greater for females than for males.
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28
According to the Empirical Rule,95% percent of the observations lie within plus and minus 2.00 times (multiplied)the variance.
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29
What is the relationship among the mean,median and mode in a symmetric distribution?

A)They are all equal
B)The mean is always the smallest value
C)The mean is always the largest value
D)The mode is the largest value
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30
Dispersion describes the degree of variation in the data.
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31
The mean deviation is the difference between the mean or the deviations and the arithmetic mean.
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32
If we find the deviation of each value from the median,the sum of these deviations is always zero.
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33
The Empirical Rule states that about 68% of the observation will lie within one standard deviation of the mean;about 95% of the observations will lie within two standard deviations of the mean;and virtually all (99.7%)will lie within three standard deviations of the mean.
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34
In a positively skewed distribution,the mode is greater than the median.
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35
For a data set,half of the observations are always greater than the

A)Median
B)Mode
C)Mean
D)Standard deviation
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36
The sum of the deviations of each data value from this measure of central location will always be zero.

A)Mode
B)Mean
C)Median
D)Standard deviation
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37
For any data set,Chebyshev's Theorem estimates the proportion of observations that occurs within k standard deviations of the mean,where k is greater than 1.0.
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38
Which measures of central location are not affected by extremely small or extremely large values?

A)Mean and median
B)Mean and mode
C)Mode and median
D)Standard deviation and mean
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39
According to Chebyshev's Theorem,75% percent of the observations lie within plus and minus 2.00 average mean deviations.
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40
For any data set,which measures of central location have only one value?

A)Mode and median
B)Mode and mean
C)Mode and standard deviation
D)Mean and median
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41
A sample of the paramedical fees charged by clinics revealed these amounts: $55,$49,$50,$45,$52 and $55.What is the median charge?

A)$47.50
B)$51.00
C)$52.00
D)$55.00
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42
For a data set with an odd number of observations that have been sorted or arrayed from smallest to largest values,where is the median located?

A)n
B)n/2
C)(n + 1)/2
D)n + ½
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43
During the past six months,the purchasing agent bought: <strong>During the past six months,the purchasing agent bought:   What is the weighted arithmetic mean price per ton?</strong> A)$87.25 B)$72.33 C)$68.47 D)$89.18 E)$67.92 What is the weighted arithmetic mean price per ton?

A)$87.25
B)$72.33
C)$68.47
D)$89.18
E)$67.92
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44
A disadvantage of using an arithmetic mean to summarize a set of data is

A)The arithmetic mean sometimes has two values.
B)It can be used for interval and ratio data.
C)It is always different from the median.
D)It can be biased by one or two extremely small or large values.
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45
What is the lowest level of measurement that a median can be computed?

A)Nominal
B)Ordinal
C)Interval
D)Ratio
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46
Fifteen accounting majors had an average grade of 90 on a finance exam.Seven marketing majors averaged 85,while ten finance majors averaged 93 on the same exam.What is the weighted mean for the 32 students taking the exam?

A)89.84
B)89.33
C)89.48
D)Impossible to determine without more information
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47
On a survey questionnaire,students were asked to indicate their class rank in college.If there were only four choices from which to choose,which measure(s)of central location would be appropriate to use for the data generated by that questionnaire item?

A)Mean and median
B)Mean and mode
C)Mode and median
D)Mode only
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48
Which measure of central location is found by arranging the data from smallest to largest and selecting the middle value?

A)Arithmetic mean
B)Median
C)Mode
D)Mean
E)Standard deviation
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49
The number of work stoppages in a highly industrialized region for selected months are: 6,0,10,14,8 and 0.What is the median number of stoppages?

A)0
B)6
C)7
D)8
E)3
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50
The mean,as a measure of central location would be inappropriate for which one of the following?

A)Ages of adults at a senior citizen center
B)Incomes of lawyers
C)Number of pages in textbooks on statistics
D)Marital status of college students at a particular university
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51
Which one of the following is referred to as the population mean?

A)µ
B)s
C) σ\sigma
D) χ\chi
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52
The net incomes (in $ millions)of a sample of steel fabricators are: $86,$67,$86 and $85.What is the modal net income?

A)$67
B)$85
C)$85.5
D)$86
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53
A question in a market survey asks for a respondent's favorite car color.Which measure of central location should be used to summarize this question?

A)Mode
B)Median
C)Mean
D)Standard deviation
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54
A sample of single persons receiving social security payments revealed these monthly benefits: $826,$699,$1,087,$880,$839 and $965.How many observations are below the median?

A)0
B)1
C)2
D)3
E)3.5
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55
The U.S.Department of Education reported that for the past seven years 4,033,5,652,6,407,7,201,8,719,11,154,and 15,121 people received bachelor's degrees in computer and information sciences.What is the annual arithmetic mean number of degrees awarded?

A)About 12,240
B)About 8,327
C)About 6,217
D)About 15,962
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56
A stockbroker placed the following order for a customer: \bullet 50 shares of Kaiser Aluminum preferred at $104 a share
\bullet 100 shares of GTE preferred at $25.25 a share
\bullet 20 shares of Boston Edison preferred at $9.125 a share
What is the weighted arithmetic mean price per share?

A)$25.25
B)$79.75
C)$103.50
D)$46.51
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57
What is the median of 26,30,24,32,32,31,27 and 29?

A)32
B)29
C)30
D)29.5
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58
Sometimes,data has two values that have the highest and equal frequencies.In this case,the distribution of the data can best be summarized as

A)symmetric
B)bimodal (having two modes)
C)positively skewed
D)negatively skewed
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59
A bottling company offers three kinds of delivery service - instant,same day and within five days.The profit per delivery varies according to the kind of delivery.The profit for an instant delivery is less than the other kinds because the driver has to go directly to a grocery store with a small load and return to the bottling plant.To find out what effect each type of delivery has on the profit picture,the company summarized the data in the following table based on deliveries for the previous quarter. <strong>A bottling company offers three kinds of delivery service - instant,same day and within five days.The profit per delivery varies according to the kind of delivery.The profit for an instant delivery is less than the other kinds because the driver has to go directly to a grocery store with a small load and return to the bottling plant.To find out what effect each type of delivery has on the profit picture,the company summarized the data in the following table based on deliveries for the previous quarter.   What is the weighted mean profit per delivery?</strong> A)$72 B)$110 C)$142 D)$97 E)$66.67 What is the weighted mean profit per delivery?

A)$72
B)$110
C)$142
D)$97
E)$66.67
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60
The lengths of time (in minutes)several underwriters took to review applications for similar insurance coverage are: 50,230,52 and 57.What is the median length of time required to review an application?

A)54.5
B)141.0
C)97.25
D)109.0
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61
The weights of a sample of crates ready for shipment to Moscow,Russia are (in kilograms): 103,97,101,106 and 103.What is the mean deviation?

A)0 kg
B)6.9 kg
C)102.0 kg
D)2.4 kg
E)9.0 kg
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62
What is a disadvantage of the range as a measure of dispersion?

A)Based on only two observations
B)Can be distorted by a large mean
C)Not in the same units as the original data
D)Has no disadvantage
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63
According to Chebyshev's Theorem,what percent of the observations lie within plus and minus 1.75 standard deviations of the mean?

A)56%
B)95%
C)67%
D)Cannot compute because it depends on the shape of the distribution
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64
Ten experts rated a newly developed chocolate chip cookie on a scale of 1 to 50.Their ratings were: 34,35,41,28,26,29,32,36,38 and 40.What is the mean deviation?

A)8.00
B)4.12
C)12.67
D)0.75
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65
A sample of the monthly amounts spent for food by families of four receiving food stamps approximates a symmetrical distribution.The sample mean is $150 and the standard deviation is $20.Using the Empirical Rule,about 95 percent of the monthly food expenditures are between what two amounts?

A)$100 and $200
B)$85 and $105
C)$205 and $220
D)$110 and $190
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66
What is a unique characteristic of the mean deviation?

A)It is based on only two observations.
B)It is based on deviations from the mean.
C)It uses absolute values.
D)It is only applied to skewed distributions.
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67
Which of the following measures of dispersion are based on deviations from the mean?

A)Variance
B)Standard deviation
C)Mean deviation
D)All of the above
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68
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?

A)$0
B)$14
C)$52
D)$17
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69
A sample of the personnel files of eight male employees revealed that,during a six-month period,they lost the following number of days due to illness: 2,0,6,3,10,4,1 and 2.What is the mean deviation (in days)?

A)1
B)0
C)3 1/8
D)2 3/8
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70
What is the relationship between the variance and the standard deviation?

A)Variance is the square root of the standard deviation
B)Variance is the square of the standard deviation
C)Variance is twice the standard deviation
D)No constant relationship between the variance and the standard deviation
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71
Rank the measures of dispersion in terms of their relative computational difficulty from least to most difficulty.

A)Mode,median,mean
B)Range,mean deviation,variance
C)Variance,mean deviation,range
D)There is no difference
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72
The ages of all the patients in the isolation ward of the hospital are 38,26,13,41 and 22.What is the population variance?

A)106.8
B)91.4
C)240.3
D)42.4
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73
Rank the measures of dispersion in terms of their relative ease of interpretation from least to most difficulty.

A)Mode,median,mean
B)Range,mean deviation,variance
C)Variance,mean deviation,range
D)There is no difference
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74
What is the range for a sample of March electric bills amounts for all-electric homes of similar sizes (to the nearest dollar): $212,$191,$176,$129,$106,$92,$108,$109,$103,$121,$175 and $194.

A)$100
B)$130
C)$120
D)$112
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75
The weights (in kilograms)of a group of crates being shipped to Panama are 95,103,110,104,105,112 and 92.What is the mean deviation?

A)5.43 kg
B)6.25 kg
C)0.53 kg
D)52.50 kg
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76
The sum of the differences between sample observations and the sample mean is

A)Zero
B)The mean deviation
C)The range
D)The standard deviation
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77
The closing prices of a common stock have been 61.5,62,61.25,60.875 and 61.5 for the past week.What is the range?

A)$1.250
B)$1.750
C)$1.125
D)$1.875
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78
If the variance of the "number of daily parking tickets issued" is 100,the variance is defined as

A)"number of daily parking tickets".
B)"number of daily parking tickets" squared.
C)the absolute value of the "number of daily parking tickets".
D)the square root of the "number of daily parking tickets".
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79
Which measure of dispersion disregards the algebraic signs (plus and minus)of each difference between X and the mean?

A)Standard deviation
B)Mean deviation
C)Arithmetic mean
D)Variance
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80
A purchasing agent for a trucking company is shopping for replacement tires for their trucks from two suppliers.The suppliers' prices are the same.However,Supplier A's tires have an average life of 60,000 miles with a standard deviation of 10,000 miles.Supplier B's tires have an average life of 60,000 miles with a standard deviation of 2,000 miles. Which of the following statements is true?

A)The two distributions of tire life are the same
B)On average,Supplier A's tires have a longer life then Supplier B's tires
C)The life of Supplier B's tire is more predictable than the life of Supplier A's tires
D)The dispersion of Supplier A's tire life is less than the dispersion of Supplier B's tire life
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