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    7 views1 page

    Relation of Price of Cars With Other Factors

    Uploaded by

    Imran Hossain

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    BUS511SampleQuestionCT1

    February16,2014

    Marksareshowninbrackets[].
    Youmayusecalculators(forbasiccalculationsONLY)unlessstatedotherwise
    OnallquestionsyouareexpectedtoEXPLAINYOURWORKINGandSHOWALLCALCULATIONSunlessexplicitly
    statedotherwise.

    Name:_________________________________StudentID:___________________Time:30minutes

    1.

    [4]Distinguishbetweendescriptiveandinferentialstatisticswithexamples.

    2.

    [8]WachesawManufacturing,Inc.producedthefollowingnumberofunitsthelast16days.
    27,27,27,28,27,25,25,28,26,28,26,28,31,30,26,26.

    Theinformationistobeorganizedintoafrequencydistribution.

    (a)Howmanyclasseswouldyourecommend?
    (b)Whatclassintervalwouldyousuggest?
    (c)Whatlowerlimitwouldyourecommendforthefirstclass?
    (d)Organizetheinformationintoahistogram.
    (e)Commentontheshapeofthehistogram.

    3.

    [3]SupposethattheprobabilityofyouwillgetagradeofAinthisclassis0.25andtheprobabilityyouwillget
    aBis0.5.WhatistheprobabilitythatyourgradewillbeaboveaC?

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