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Statistics
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Statistics for Management and Economics
Exam 4: Numerical Descriptive Techniques
Path 4
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Question 101
True/False
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 102
Short Answer
The ____________________ of the correlation indicates the direction of a linear relationship.
Question 103
Short Answer
Hours Worked per Week The following data represent the hours worked per week of a sample of 25 employees from a government department: 31,43,56,23,49,42,33,61,44,28,48,38,44,35,40,64,52,42,47,39,53, 27,36,35,and 20. -{Hours Worked per Week Narrative} Find the median hours.
Question 104
Essay
Ages of Jockeys The following data represent the ages in years of a sample of 25 jockeys from a local race track: 31,43,56,23,49,42,33,61,44,28,48,38,44,35,40,64,52,42,47,39,53,27,36,35,and 20. -{Ages of Jockeys Narrative} Compute the interquartile range of the data and interpret its meaning.
Question 105
True/False
Quartiles divide the observations in a data set into four parts with the same amount of data in each part.
Question 106
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} Describe the shape of the distribution of ages by comparing the quartiles.
Question 107
Short Answer
____________________ uses both the mean and the standard deviation to interpret standard deviation for histograms of any shape.
Question 108
Essay
Pets Survey A sample of 36 families were asked how many pets they owned.Their responses are summarized in the following table.
-{Pets Survey Narrative} Determine the mean,the median,and the mode of the number of pets owned per family.
Question 109
True/False
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 110
True/False
The interquartile range is an interval of numbers starting at Q
1
and ending at Q
3
.
Question 111
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 112
Multiple Choice
In a histogram,the proportion of the total area which must be to the right of the mean is:
Question 113
Short Answer
Strip Mall Rent Monthly rent data in dollars for a sample of 10 stores in a small town in South Dakota are as follows: 220,216,220,205,210,240,195,235,204,and 250. -{Strip Mall Rent Narrative} What is the mode?