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Statistics
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Statistics for Management
Exam 4: Numerical Descriptive Techniques
Path 4
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Question 121
Multiple Choice
Which of the following types of data has no measure of variability?
Question 122
Short Answer
We can frequently make several inferences about the nature of the data from the ____________________ of its histogram.
Question 123
Essay
Weights of Police Officers The following data represent the weights in pounds of a sample of 25 police officers: 164, 148, 137, 157, 173, 156, 177, 172, 169, 165, 145, 168, 163, 162, 174, 152, 156, 168, 154, 151, 174, 146, 134, 140, and 171. -{Weights of Police Officers Narrative} Describe the shape of the distribution of weights based on the quartiles' values.
Question 124
True/False
Generally speaking, if two variables are unrelated, the covariance will be a number close to zero.
Question 125
Essay
Ages of Retirees A sociologist recently conducted a survey of retirees over 65 years of age whose net worth is too high to qualify for Medicaid and who have no private health insurance.The ages of 20 uninsured retirees were as follows: 65, 66, 67, 68, 69, 70, 71, 73, 74, 75, 78, 79, 80, 81, 86, 87, 91, 92, 94, and 97. -{Ages of Retirees Narrative} Calculate the first quartile of the ages of the uninsured retirees.
Question 126
True/False
Ļ
\sigma
Ļ
is a population parameter and s is a sample statistic.
Question 127
Short Answer
The ____________________ mean of n returns (or growth rates) is the appropriate mean to calculate if you wish to estimate the mean rate of return (or growth rate) for any single period in the future.
Question 128
Multiple Choice
The length of the box in the box plot portrays the:
Question 129
True/False
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 130
Short Answer
When two variables x and y are linearly related, it does not necessarily mean that x ____________________ y.
Question 131
Essay
A basketball player has the following points for seven games: 20, 25, 32, 18, 19, 22, and 30.Compute the following measures of variability. a. Standard deviation b. Coefficient of variation c. Compare the standard deviation and coefficient of variation and use them to discuss the variability in the data.
Question 132
Multiple Choice
In a positively skewed distribution:
Question 133
True/False
If the mean, median, and mode are all equal, the histogram must be symmetric and bell shaped.
Question 134
Short Answer
The number of hours a college student spent studying during the final exam week was recorded as follows: 7, 6, 4, 9, 8, 5, and 10.Compute s
2
and s for the data and express the numbers in the appropriate unit.