Deck 4: Numerical Descriptive Techniques

Full screen (f)
exit full mode
Question
We can frequently make several inferences about the nature of the data from the ____________________ of its histogram.
Use Space or
up arrow
down arrow
to flip the card.
Question
Box plots and medians work well to describe ____________________ data, while histograms and means work well to describe ____________________ data.
Question
If the covariance of x and y is 26.16 and the standard deviation of x is 32.7, then the slope of the least squares line is b1 =.80.
Question
The precision provided by the numerical techniques (mean, median, and standard deviation) provides more useful information than graphical techniques (histograms and box plots) alone.
Question
What statistics and graphs can you use to answer the following question: Is the distribution symmetric? If not, is it skewed? If symmetric, is it bell shaped?
Question
A scatter diagram reveals a strong positive linear relationship between oil and gasoline prices.Which of the following numerical techniques will not give us more detailed information about this relationship?

A) Coefficient of determination
B) Coefficient of correlation
C) Coefficient of variation.
D) All of these choices help us describe this relationship.
Question
Graphical and numerical techniques, such as histograms and least squares lines provide identical information.
Question
If If   ,   , n = 12, and the slope equals 0.5, then the y-intercept of the least squares line is b<sub>0</sub> = 276.08.<div style=padding-top: 35px> , If   ,   , n = 12, and the slope equals 0.5, then the y-intercept of the least squares line is b<sub>0</sub> = 276.08.<div style=padding-top: 35px> , n = 12, and the slope equals 0.5, then the y-intercept of the least squares line is b0 = 276.08.
Question
Statisticians usually apply graphical techniques as a first step in analyzing data because we first need to know the ____________________ of the distribution.
Question
Which of the following is correct about the shape of a distribution?

A) The shape can show you how many modes there are.
B) The shape can help you determine the approximate center of the distribution.
C) The shape can help you determine whether the data are close or spread out.
D) All of these choices are true.
Question
Statisticians typically apply graphical techniques as a first step in a data analysis because we first need to know the shape of the distribution.
Question
Scatter diagrams, covariance, and the coefficient of correlation are useful techniques for detecting relationships between two ____________________ variables.
Question
The coefficient of correlation and the least squares line both describe the relationship between two interval variables.
Question
What statistics and graphs can you use to answer the following question: Are the observations close to one another, or are they widely dispersed?
Question
What statistics and graphs can you use to answer the following questions: Is the distribution unimodal, bimodal, or multimodal? If there is more than one mode, where are the peaks, and where are the valleys?
Question
What statistics and graphs can you use to look for a relationship between two interval variables?
Question
The shape of a distribution helps answer which question about the data?

A) Where is the approximate center of the distribution?
B) Are the observations close to one another, or are they widely dispersed?
C) Is the distribution symmetric?
D) All of these choices are true.
Question
____________________ techniques give you the big picture of a distribution and ____________________ techniques give you more precise details.
Question
Which of the following characteristics does a histogram help you identify?

A) The shape of distribution.
B) The approximate center of a distribution.
C) The amount of spread in a distribution.
D) All of these choices are true.
Question
What statistics and graphs can you use to answer the following question: Where is the approximate center of the distribution?
Question
The variance is a measure of the linear relationship between two variables.
Question
The slope b1 of the least squares line <strong>The slope b<sub>1</sub> of the least squares line   represents the:</strong> A) predicted value of Y when X = 0. B) estimated average change in Y per unit change in X. C) predicted value of Y. D) variation around the regression line. <div style=padding-top: 35px> represents the:

A) predicted value of Y when X = 0.
B) estimated average change in Y per unit change in X.
C) predicted value of Y.
D) variation around the regression line.
Question
If the standard deviations of x and y are 12.5 and 10.8, respectively, and the covariance is 118.8, then the coefficient of correlation r is 0.88.
Question
If the coefficient of correlation r = 0, then there can be no linear relationship between the dependent variable y and the independent variable x.
Question
The coefficient of correlation r is a number that indicates the direction and the strength of the linear relationship between the dependent variable y and the independent variable x.
Question
If the coefficient of correlation r = -.81, the standard deviations of x and y are 20 and 25, respectively, then cov(x, y) must be -405.0.
Question
If the correlation coefficient r = 1.00, then all the observations must fall exactly on:

A) a straight line with a slope that equals 1.00.
B) a straight line with a negative slope.
C) a straight line with a positive slope.
D) a horizontal straight line with a zero slope.
Question
If the standard deviation of x is 18, the covariance of x and y is 120, the coefficient r = 0.90, then the standard deviation of y is 54.87.
Question
When the standard deviation is expressed as a percentage of the mean, the result is the coefficient of correlation.
Question
The Y-intercept, b0, of the least squares line <strong>The Y-intercept, b<sub>0</sub>, of the least squares line   represents the:</strong> A) estimated average value of Y when X = 0. B) estimated average change in Y per unit change in X. C) predicted value of Y. D) variation around the sample regression line. <div style=padding-top: 35px> represents the:

A) estimated average value of Y when X = 0.
B) estimated average change in Y per unit change in X.
C) predicted value of Y.
D) variation around the sample regression line.
Question
Three measures of the linear relationship between x and y are the coefficient of correlation, the coefficient of determination, and the coefficient of variation.
Question
Assuming a linear relationship between X and Y, if the coefficient of correlation (r) equals -0.75, this means that:

A) there is very weak correlation.
B) the slope b1 is = -0.75.
C) the value of X is always greater than the value of Y.
D) None of these choices are true.
Question
If the coefficient of correlation r = If the coefficient of correlation r =   1, then the best-fit linear equation will actually include all of the observations.<div style=padding-top: 35px> 1, then the best-fit linear equation will actually include all of the observations.
Question
The advantage that the coefficient of correlation has over the covariance is that the former has a set lower and upper limit.
Question
Which of the following is a property of r, the coefficient of correlation?

A) r always lies between 0 and 1.
B) r has no units.
C) If you switch the values of X and Y, the sign of r changes.
D) All of these choices are true.
Question
Generally speaking, if two variables are unrelated, the covariance will be a number close to zero.
Question
If the coefficient of correlation r = 0, then there can be no relationship whatsoever between the dependent variable y and the independent variable x.
Question
A perfect straight line sloping downward would produce a correlation coefficient equal to:

A) +1.0
B) -1.0
C) 0.0
D) Cannot tell from the information given.
Question
Generally speaking, if two variables are unrelated (as one increases, the other shows no pattern), the covariance will be:

A) a large positive number.
B) a large negative number.
C) a positive or negative number close to zero.
D) None of these choices.
Question
A perfect straight line sloping upward would produce a correlation coefficient value of 1.0.
Question
In the equation of the least squares line, In the equation of the least squares line,   , b<sub>0</sub> is the ____________________ and b<sub>1</sub> is the ____________________.<div style=padding-top: 35px> , b0 is the ____________________ and b1 is the ____________________.
Question
The ____________________ measures the margin of relative change in the dependent variable.
Question
How is the value of the correlation coefficient r affected in each of the following cases?
a.
Each x value and y is multiplied by 4.
b.
Each x value is switched with the corresponding y value.
c.
Each x value is increased by 2.
Question
Longevity and Salary
A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:
Longevity and Salary A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:   {Longevity and Salary Narrative} Draw the scatter diagram and plot the least squares line.<div style=padding-top: 35px>
{Longevity and Salary Narrative} Draw the scatter diagram and plot the least squares line.
Question
The denominator in the calculation of the sample covariance, cov (x,y), is:

A) n-2
B) n - 1
C) n
D) 2n- 1
Question
The ____________________ of a linear relationship is hard to interpret from the covariance, but it is easy to interpret from the correlation.
Question
The strength of the linear relationship between two interval variables can be measured by the:

A) coefficient of variation.
B) coefficient of correlation.
C) slope of the regression line.
D) Y-intercept.
Question
Longevity and Salary
A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:
Longevity and Salary A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:   {Longevity and Salary Narrative} a. Calculate the coefficient of correlation, and comment on the relationship between x and y. b. Give a possible reason that the correlation is negative.<div style=padding-top: 35px>
{Longevity and Salary Narrative}
a.
Calculate the coefficient of correlation, and comment on the relationship between x and y.
b.
Give a possible reason that the correlation is negative.
Question
Which of the following are measures of the linear relationship between two variables?

A) The covariance
B) The coefficient of correlation
C) The variance
D) Both a and b
Question
Given the following sample data:
Given the following sample data:   a. Calculate the covariance and the correlation coefficient. b. Comment on the relationship between x and y. c. Determine the least squares line. d. Draw the scatter diagram and plot the least squares line.<div style=padding-top: 35px>
a.
Calculate the covariance and the correlation coefficient.
b.
Comment on the relationship between x and y.
c.
Determine the least squares line.
d.
Draw the scatter diagram and plot the least squares line.
Question
The magnitude of the correlation measures the ____________________ of a linear relationship.
Question
When two variables x and y are linearly related, it does not necessarily mean that x ____________________ y.
Question
Longevity and Salary
A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:
Longevity and Salary A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:   {Longevity and Salary Narrative} a. Calculate and interpret the covariance between x and y. b. Give a possible reason that the covariance is negative.<div style=padding-top: 35px>
{Longevity and Salary Narrative}
a.
Calculate and interpret the covariance between x and y.
b.
Give a possible reason that the covariance is negative.
Question
The y-intercept of the least squares line is the point on the line when ________________ = 0.
Question
The ____________________ of the correlation indicates the direction of a linear relationship.
Question
Which of the following is a property of the slope, b1?

A) The slope equals one if X and Y have the same variance.
B) The slope has the same sign as r, the coefficient of correlation.
C) The slope equals one if r equals one.
D) All of these choices are true.
Question
The coefficient of determination is the percentage of variation in the ____________________ variable that is explained by the variation in the ____________________ variable.
Question
If cov(x, y) = 20, <strong>If cov(x, y) = 20,   and   then the sample coefficient of correlation r is:</strong> A) 1.400 B) 0.026 C) 0.714 D) None of these choices. <div style=padding-top: 35px> and <strong>If cov(x, y) = 20,   and   then the sample coefficient of correlation r is:</strong> A) 1.400 B) 0.026 C) 0.714 D) None of these choices. <div style=padding-top: 35px> then the sample coefficient of correlation r is:

A) 1.400
B) 0.026
C) 0.714
D) None of these choices.
Question
The method used to find the best fitting line through the observations is called the ____________________ method.
Question
Longevity and Salary
A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:
Longevity and Salary A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:   {Longevity and Salary Narrative} Determine the least squares line, and use it to estimate the value of y for x = 6.<div style=padding-top: 35px>
{Longevity and Salary Narrative} Determine the least squares line, and use it to estimate the value of y for x = 6.
Question
In a histogram, the proportion of the total area which must be to the right of the mean is exactly 0.50 if the distribution is symmetric and unimodal.
Question
μ\mu is a population parameter and \mu  is a population parameter and   is a sample statistic.<div style=padding-top: 35px>  is a sample statistic.
Question
Which of the following statements is true for the following observations: 9, 8, 7, 9, 6, 11, and 13?

A) The mean, median, and mode are all equal.
B) Only the mean and median are equal.
C) Only the mean and mode are equal
D) Only the median and mode are equal.
Question
Consider the following data:
Consider the following data:   a. Calculate the covariance and the coefficient of correlation for the sample. b. What do these statistics tell you about the relationship between x and y?<div style=padding-top: 35px>
a.
Calculate the covariance and the coefficient of correlation for the sample.
b.
What do these statistics tell you about the relationship between x and y?
Question
In a histogram, the proportion of the total area which must be to the left of the median is more than 0.50 if the distribution is positively skewed.
Question
Lily has been keeping track of what she spends to eat out.The last week's expenditures for meals eaten out were $5.69, $5.95, $6.19, $10.91, $7.49, $14.53, and $7.66.The mean amount Lily spends on meals is $8.35.
Question
The median of a set of data is more representative than the mean when the mean is larger than most of the observations.
Question
The median of an ordered data set with 30 items would be the average of the 15th and the 16th observations.
Question
In a negatively skewed distribution, the mean is smaller than the median and the median is smaller than the mode.
Question
Which of the following statistics is a measure of central location?

A) The mean
B) The median
C) The mode
D) All of these choices are true.
Question
If the mean, median, and mode are all equal, the histogram must be symmetric and bell shaped.
Question
Which measure(s) of central location is/are meaningful when the data are ordinal?

A) The mean and median
B) The mean and mode
C) The median and mode
D) Only mean
Question
The value of the mean times the number of observations equals the sum of the observations.
Question
Suppose a sample of size 50 has a sample mean of 20.In this case, the sum of all observations in the sample is 1,000.
Question
In a histogram, the proportion of the total area which must be to the left of the median is less than 0.50 if the distribution is negatively skewed.
Question
A data sample has a mean of 107, a median of 122, and a mode of 134.The distribution of the data is positively skewed.
Question
The mean is a measure of variability.
Question
Which of the following statements about the mean is not always correct?

A) The sum of the deviations from the mean is zero.
B) Half of the observations are on either side of the mean.
C) The mean is a measure of the central location.
D) The value of the mean times the number of observations equals the sum of all observations.
Question
The mean is affected by extreme values but the median is not.
Question
In a bell shaped distribution, there is no difference in the values of the mean, median, and mode.
Unlock Deck
Sign up to unlock the cards in this deck!
Unlock Deck
Unlock Deck
1/274
auto play flashcards
Play
simple tutorial
Full screen (f)
exit full mode
Deck 4: Numerical Descriptive Techniques
1
We can frequently make several inferences about the nature of the data from the ____________________ of its histogram.
shape
2
Box plots and medians work well to describe ____________________ data, while histograms and means work well to describe ____________________ data.
skewed; symmetric
3
If the covariance of x and y is 26.16 and the standard deviation of x is 32.7, then the slope of the least squares line is b1 =.80.
False
4
The precision provided by the numerical techniques (mean, median, and standard deviation) provides more useful information than graphical techniques (histograms and box plots) alone.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
5
What statistics and graphs can you use to answer the following question: Is the distribution symmetric? If not, is it skewed? If symmetric, is it bell shaped?
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
6
A scatter diagram reveals a strong positive linear relationship between oil and gasoline prices.Which of the following numerical techniques will not give us more detailed information about this relationship?

A) Coefficient of determination
B) Coefficient of correlation
C) Coefficient of variation.
D) All of these choices help us describe this relationship.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
7
Graphical and numerical techniques, such as histograms and least squares lines provide identical information.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
8
If If   ,   , n = 12, and the slope equals 0.5, then the y-intercept of the least squares line is b<sub>0</sub> = 276.08. , If   ,   , n = 12, and the slope equals 0.5, then the y-intercept of the least squares line is b<sub>0</sub> = 276.08. , n = 12, and the slope equals 0.5, then the y-intercept of the least squares line is b0 = 276.08.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
9
Statisticians usually apply graphical techniques as a first step in analyzing data because we first need to know the ____________________ of the distribution.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
10
Which of the following is correct about the shape of a distribution?

A) The shape can show you how many modes there are.
B) The shape can help you determine the approximate center of the distribution.
C) The shape can help you determine whether the data are close or spread out.
D) All of these choices are true.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
11
Statisticians typically apply graphical techniques as a first step in a data analysis because we first need to know the shape of the distribution.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
12
Scatter diagrams, covariance, and the coefficient of correlation are useful techniques for detecting relationships between two ____________________ variables.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
13
The coefficient of correlation and the least squares line both describe the relationship between two interval variables.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
14
What statistics and graphs can you use to answer the following question: Are the observations close to one another, or are they widely dispersed?
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
15
What statistics and graphs can you use to answer the following questions: Is the distribution unimodal, bimodal, or multimodal? If there is more than one mode, where are the peaks, and where are the valleys?
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
16
What statistics and graphs can you use to look for a relationship between two interval variables?
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
17
The shape of a distribution helps answer which question about the data?

A) Where is the approximate center of the distribution?
B) Are the observations close to one another, or are they widely dispersed?
C) Is the distribution symmetric?
D) All of these choices are true.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
18
____________________ techniques give you the big picture of a distribution and ____________________ techniques give you more precise details.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
19
Which of the following characteristics does a histogram help you identify?

A) The shape of distribution.
B) The approximate center of a distribution.
C) The amount of spread in a distribution.
D) All of these choices are true.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
20
What statistics and graphs can you use to answer the following question: Where is the approximate center of the distribution?
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
21
The variance is a measure of the linear relationship between two variables.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
22
The slope b1 of the least squares line <strong>The slope b<sub>1</sub> of the least squares line   represents the:</strong> A) predicted value of Y when X = 0. B) estimated average change in Y per unit change in X. C) predicted value of Y. D) variation around the regression line. represents the:

A) predicted value of Y when X = 0.
B) estimated average change in Y per unit change in X.
C) predicted value of Y.
D) variation around the regression line.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
23
If the standard deviations of x and y are 12.5 and 10.8, respectively, and the covariance is 118.8, then the coefficient of correlation r is 0.88.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
24
If the coefficient of correlation r = 0, then there can be no linear relationship between the dependent variable y and the independent variable x.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
25
The coefficient of correlation r is a number that indicates the direction and the strength of the linear relationship between the dependent variable y and the independent variable x.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
26
If the coefficient of correlation r = -.81, the standard deviations of x and y are 20 and 25, respectively, then cov(x, y) must be -405.0.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
27
If the correlation coefficient r = 1.00, then all the observations must fall exactly on:

A) a straight line with a slope that equals 1.00.
B) a straight line with a negative slope.
C) a straight line with a positive slope.
D) a horizontal straight line with a zero slope.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
28
If the standard deviation of x is 18, the covariance of x and y is 120, the coefficient r = 0.90, then the standard deviation of y is 54.87.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
29
When the standard deviation is expressed as a percentage of the mean, the result is the coefficient of correlation.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
30
The Y-intercept, b0, of the least squares line <strong>The Y-intercept, b<sub>0</sub>, of the least squares line   represents the:</strong> A) estimated average value of Y when X = 0. B) estimated average change in Y per unit change in X. C) predicted value of Y. D) variation around the sample regression line. represents the:

A) estimated average value of Y when X = 0.
B) estimated average change in Y per unit change in X.
C) predicted value of Y.
D) variation around the sample regression line.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
31
Three measures of the linear relationship between x and y are the coefficient of correlation, the coefficient of determination, and the coefficient of variation.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
32
Assuming a linear relationship between X and Y, if the coefficient of correlation (r) equals -0.75, this means that:

A) there is very weak correlation.
B) the slope b1 is = -0.75.
C) the value of X is always greater than the value of Y.
D) None of these choices are true.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
33
If the coefficient of correlation r = If the coefficient of correlation r =   1, then the best-fit linear equation will actually include all of the observations. 1, then the best-fit linear equation will actually include all of the observations.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
34
The advantage that the coefficient of correlation has over the covariance is that the former has a set lower and upper limit.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
35
Which of the following is a property of r, the coefficient of correlation?

A) r always lies between 0 and 1.
B) r has no units.
C) If you switch the values of X and Y, the sign of r changes.
D) All of these choices are true.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
36
Generally speaking, if two variables are unrelated, the covariance will be a number close to zero.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
37
If the coefficient of correlation r = 0, then there can be no relationship whatsoever between the dependent variable y and the independent variable x.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
38
A perfect straight line sloping downward would produce a correlation coefficient equal to:

A) +1.0
B) -1.0
C) 0.0
D) Cannot tell from the information given.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
39
Generally speaking, if two variables are unrelated (as one increases, the other shows no pattern), the covariance will be:

A) a large positive number.
B) a large negative number.
C) a positive or negative number close to zero.
D) None of these choices.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
40
A perfect straight line sloping upward would produce a correlation coefficient value of 1.0.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
41
In the equation of the least squares line, In the equation of the least squares line,   , b<sub>0</sub> is the ____________________ and b<sub>1</sub> is the ____________________. , b0 is the ____________________ and b1 is the ____________________.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
42
The ____________________ measures the margin of relative change in the dependent variable.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
43
How is the value of the correlation coefficient r affected in each of the following cases?
a.
Each x value and y is multiplied by 4.
b.
Each x value is switched with the corresponding y value.
c.
Each x value is increased by 2.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
44
Longevity and Salary
A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:
Longevity and Salary A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:   {Longevity and Salary Narrative} Draw the scatter diagram and plot the least squares line.
{Longevity and Salary Narrative} Draw the scatter diagram and plot the least squares line.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
45
The denominator in the calculation of the sample covariance, cov (x,y), is:

A) n-2
B) n - 1
C) n
D) 2n- 1
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
46
The ____________________ of a linear relationship is hard to interpret from the covariance, but it is easy to interpret from the correlation.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
47
The strength of the linear relationship between two interval variables can be measured by the:

A) coefficient of variation.
B) coefficient of correlation.
C) slope of the regression line.
D) Y-intercept.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
48
Longevity and Salary
A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:
Longevity and Salary A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:   {Longevity and Salary Narrative} a. Calculate the coefficient of correlation, and comment on the relationship between x and y. b. Give a possible reason that the correlation is negative.
{Longevity and Salary Narrative}
a.
Calculate the coefficient of correlation, and comment on the relationship between x and y.
b.
Give a possible reason that the correlation is negative.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
49
Which of the following are measures of the linear relationship between two variables?

A) The covariance
B) The coefficient of correlation
C) The variance
D) Both a and b
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
50
Given the following sample data:
Given the following sample data:   a. Calculate the covariance and the correlation coefficient. b. Comment on the relationship between x and y. c. Determine the least squares line. d. Draw the scatter diagram and plot the least squares line.
a.
Calculate the covariance and the correlation coefficient.
b.
Comment on the relationship between x and y.
c.
Determine the least squares line.
d.
Draw the scatter diagram and plot the least squares line.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
51
The magnitude of the correlation measures the ____________________ of a linear relationship.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
52
When two variables x and y are linearly related, it does not necessarily mean that x ____________________ y.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
53
Longevity and Salary
A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:
Longevity and Salary A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:   {Longevity and Salary Narrative} a. Calculate and interpret the covariance between x and y. b. Give a possible reason that the covariance is negative.
{Longevity and Salary Narrative}
a.
Calculate and interpret the covariance between x and y.
b.
Give a possible reason that the covariance is negative.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
54
The y-intercept of the least squares line is the point on the line when ________________ = 0.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
55
The ____________________ of the correlation indicates the direction of a linear relationship.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
56
Which of the following is a property of the slope, b1?

A) The slope equals one if X and Y have the same variance.
B) The slope has the same sign as r, the coefficient of correlation.
C) The slope equals one if r equals one.
D) All of these choices are true.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
57
The coefficient of determination is the percentage of variation in the ____________________ variable that is explained by the variation in the ____________________ variable.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
58
If cov(x, y) = 20, <strong>If cov(x, y) = 20,   and   then the sample coefficient of correlation r is:</strong> A) 1.400 B) 0.026 C) 0.714 D) None of these choices. and <strong>If cov(x, y) = 20,   and   then the sample coefficient of correlation r is:</strong> A) 1.400 B) 0.026 C) 0.714 D) None of these choices. then the sample coefficient of correlation r is:

A) 1.400
B) 0.026
C) 0.714
D) None of these choices.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
59
The method used to find the best fitting line through the observations is called the ____________________ method.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
60
Longevity and Salary
A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:
Longevity and Salary A sample of eight observations of variables x (years of experience) and y (salary in $1,000s) is shown below:   {Longevity and Salary Narrative} Determine the least squares line, and use it to estimate the value of y for x = 6.
{Longevity and Salary Narrative} Determine the least squares line, and use it to estimate the value of y for x = 6.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
61
In a histogram, the proportion of the total area which must be to the right of the mean is exactly 0.50 if the distribution is symmetric and unimodal.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
62
μ\mu is a population parameter and \mu  is a population parameter and   is a sample statistic. is a sample statistic.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
63
Which of the following statements is true for the following observations: 9, 8, 7, 9, 6, 11, and 13?

A) The mean, median, and mode are all equal.
B) Only the mean and median are equal.
C) Only the mean and mode are equal
D) Only the median and mode are equal.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
64
Consider the following data:
Consider the following data:   a. Calculate the covariance and the coefficient of correlation for the sample. b. What do these statistics tell you about the relationship between x and y?
a.
Calculate the covariance and the coefficient of correlation for the sample.
b.
What do these statistics tell you about the relationship between x and y?
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
65
In a histogram, the proportion of the total area which must be to the left of the median is more than 0.50 if the distribution is positively skewed.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
66
Lily has been keeping track of what she spends to eat out.The last week's expenditures for meals eaten out were $5.69, $5.95, $6.19, $10.91, $7.49, $14.53, and $7.66.The mean amount Lily spends on meals is $8.35.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
67
The median of a set of data is more representative than the mean when the mean is larger than most of the observations.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
68
The median of an ordered data set with 30 items would be the average of the 15th and the 16th observations.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
69
In a negatively skewed distribution, the mean is smaller than the median and the median is smaller than the mode.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
70
Which of the following statistics is a measure of central location?

A) The mean
B) The median
C) The mode
D) All of these choices are true.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
71
If the mean, median, and mode are all equal, the histogram must be symmetric and bell shaped.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
72
Which measure(s) of central location is/are meaningful when the data are ordinal?

A) The mean and median
B) The mean and mode
C) The median and mode
D) Only mean
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
73
The value of the mean times the number of observations equals the sum of the observations.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
74
Suppose a sample of size 50 has a sample mean of 20.In this case, the sum of all observations in the sample is 1,000.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
75
In a histogram, the proportion of the total area which must be to the left of the median is less than 0.50 if the distribution is negatively skewed.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
76
A data sample has a mean of 107, a median of 122, and a mode of 134.The distribution of the data is positively skewed.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
77
The mean is a measure of variability.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
78
Which of the following statements about the mean is not always correct?

A) The sum of the deviations from the mean is zero.
B) Half of the observations are on either side of the mean.
C) The mean is a measure of the central location.
D) The value of the mean times the number of observations equals the sum of all observations.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
79
The mean is affected by extreme values but the median is not.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
80
In a bell shaped distribution, there is no difference in the values of the mean, median, and mode.
Unlock Deck
Unlock for access to all 274 flashcards in this deck.
Unlock Deck
k this deck
locked card icon
Unlock Deck
Unlock for access to all 274 flashcards in this deck.