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Basic Statistics for Business Economics
Exam 2: Describing Data: Frequency Tables, Frequency Distributions, and Graphic Presentation
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Question 21
Multiple Choice
Refer to the following distribution of commissions:
The first plot for a cumulative greater than frequency distribution should be:
Question 22
Multiple Choice
A group of 100 students were surveyed about their interest in a new International Studies program. The survey asked students about their interest in the program in terms of high, medium, or low. 30 students responded high interest; 50 students responded medium interest; 20 students responded low interest. What is the relative frequency of students with high interest?
Question 23
Multiple Choice
In a frequency distribution, what is the number of observations in a class called?
Question 24
Multiple Choice
What is the following table called?
Question 25
Multiple Choice
Quinn's Café serves ice cream. She asks 100 of her regular customers to take a taste test and pick the flavour they like the best. The results are shown in the following table.
Is the data quantitative or qualitative? What is the name of the table shown?
Question 26
Multiple Choice
Refer to the following distribution of ages:
For the distribution of ages above, what is the relative class frequency for the lowest class?
Question 27
Multiple Choice
Refer to the following distribution of ages:
What is the class interval?
Question 28
Multiple Choice
Refer to the following chart showing a distribution of exporting firms:
What percentage of the firms export less than $14 million in product?
Question 29
Multiple Choice
Consider the following relative frequency distribution:
If there are 2,000 numbers in the data set, how many of the values are less than 30?
Question 30
Multiple Choice
Consider the following stem and leaf plot:
Suppose that you decided to develop a frequency distribution from this plot. What would be the lower limit of the first class?
Question 31
Multiple Choice
(i. If you are constructing a stem-and-leaf display, the "20" in 20.5 would be the stem. (ii) An advantage of a stem-and-leaf chart over a histogram is that the identity of each observation is not lost, and that it presents a picture of the distribution. (iii) If you are constructing a stem-and-leaf display, the "2" in 20.5 would be the leaf.
Question 32
Multiple Choice
The monthly incomes of a small sample of computer operators are $1,950, $1,775, $2,060, $1,840, $1,795, $1,890, $1,925 and $1,810. What are these ungrouped numbers called?