565 views

Uploaded by 116117Math

© All Rights Reserved

- Statistics for Research With a Guide to Spss
- QNT275 QNT 275 qnt 275 Qnt 275
- LAW531 - Business Forms Worksheets
- Chapter 01
- 08 Quantitative Methods Txt
- partA.pdf
- Test Bank for Business Statistics for Contemporary Decision Making 8th Edition by Black
- Packet 1
- Introduction to Statistics
- SMU Assignments @ *00 Rs Per Semester
- Statistics
- Lin Thein Naing - Independent Study
- Descriptive Stats
- BA_Education.pdf
- 9. Scales and Questionaire Design Oct 2018 v1
- Sat Paper 2 Math Answers
- CH 1 - Statistics and Data
- 01_INTRODUCTION.ppt
- Scoring Method Used in Sensory Analysis
- First Lecture

You are on page 1of 8

Download Link:

https://uopcourses.com/sd_product/qnt-275-week-5-final-exam2016-latest-version-score/

1

The salaries of teachers in a particular school district are normally distributed

with a mean of $50,000 and a standard deviation of $2,500. Due to budget

limitations, it has been decided that the teachers who are in the top 2.5% of

the salaries would not get a raise. What is the salary level that divides the

teachers into one group that gets a raise and one that doesn't?

45,100

54,900

-1.96

1.96

2

In the accompanying stem-and-leaf diagram, the values in the stem and leaf

portions represent 10s and 1s digits, respectively.

The stem-and-leaf diagram shows that the distribution is ___________.

negatively skewed

symmetric

positively skewed

3

Which of the following is a quantitative variable?

House age

House price

House size

4

Which of the following meets the requirements of a stratified random sample?

the age of 25. The sample will include six males chosen at random, without

regard to age.

the age of 25. The sample will include six people who volunteer for the

sample.

the age of 25. The sample will include six people chosen at random, without

regard to age.

the age of 25. The sample will include two people chosen at random under the

age of 25 and four people chosen at random over 25.

5

Which of the following can be represented by a continuous random variable?

The number of typos found on a randomly selected page of this test bank

The number of customers who visit a department store between 10:00 a.m.

and 11:00 a.m. on Mondays

randomly selected students

6

In the sample regression equation what is ?

The y-intercept

7

Mutually exclusive events ______________.

8

Which of the following can be represented by a discrete random variable?

9

A manager of a fast food restaurant wants to ensure that staff are scheduled

with the sufficient hours required to meet customer demands without

overspending on labor costs. The manager has daily guest counts, sales data,

and staff hours for the prior year. What should the manager do next in order

to reach conclusions about scheduling restaurant staff?

Provide the data sets to the restaurant owner for analysis by the owners staff.

Schedule staff based on the staffing levels used on the same date the prior

year.

Create a graph of the data and extend the graph forward in time to set the

schedule.

10

A-Plus Dry Cleaners wants to understand its customers perceptions of the

quality of the companys customer service. They plan to survey a sample of

its customer base. What will A-Plus need to do to ensure that their data is

valid and reliable?

The survey must include items that ask customers to rate the appearance of

the dry cleaning store, the survey must include all customers, and the survey

method must include setting up a table outside the local dollar store.

The survey must include items that ask customers to rate the quality of the

companys customer service, the survey sample must represent all parts of

the customer population, and the survey method must be repeatable.

The survey must include items that ask customers to rate the friendliness of

the staff, the survey must include all customers from the north side of the

city, and the survey method must appeal to all respondents.

The survey must include items that ask customers about their dry cleaning

experiences, the survey sample must include the first 15 customers off the

customer database, and the survey method must be repeatable.

11

The two branches of the study of statistics are generally referred to as

___________.

12

Serial correlation is typically observed in:

outliers

sparse data

cross-sectional data

13

The manager of a retail shoe store has applied statistics to analyze sales,

purchasing, and data and reached the conclusion that the store could reduce

costs by reducing inventory of very small and very large sizes, and

substituting an online ordering service to drop-ship rare sizes directly from

suppliers. How should the manager communicate those results to the store

owner?

data and statistics.

Schedule a conference call with the owner and suppliers to discuss online

ordering options.

Provide the complete data set and all statistical analyses to the owner in

spreadsheets.

14

Professors at a local university earn an average salary of $80,000 with a

standard deviation of $6,000. The salary distribution is approximately bellshaped. What can be said about the percentage of salaries that are at least

$74,000?

About 84 percent

About 95 percent

About 68 percent

15

16

The study of statistics can be defined as:

17

What is the name of the variable that's used to predict another variable?

Coefficient of determination

Response

Explanatory

18

Consider a population with data values of 12, 8, 28, 22, 12, 30, 14.

The median is:

12

22

14

18

19

Which scales of data measurement are associated with quantitative data?

20

What is (are) the most widely used measure(s) of dispersion?

Interquartile range

Variance and standard deviation

Range

21

Frequency distributions may be used to describe which of the following types

of data?

22

A company wants to estimate the mean price of oil over the past 10 years.

What kind of data does the company need?

Descriptive statistics

Cross-sectional data

Inferential statistics

23

What type of relationship is indicated in the scatterplot?

No relationship

24

Which of the following is most influenced by outliers?

75th percentile

Mean

Mode

Median

25

Bias can occur in sampling. Bias refers to _____________________.

population parameter

26

The owner of a company has recently decided to raise the salary of one

employee, who was already making the highest salary, by 20%. Which of the

following is(are) expected to be affected by this raise?

Median only

Mean only

27

The estimation of which of the following requires sampling?

28

Horizontal bar charts are constructed by placing:

each interval of values on the vertical axis and the appropriate range of

values on the horizontal axis.

each category on the horizontal axis and the appropriate range of values on

the vertical axis.

each category on the vertical axis and the appropriate range of values on the

horizontal axis.

29

A hedge fund returns on average 26% per year with a standard deviation of

12%. Using the empirical rule, approximate the probability the fund returns

over 50% next year.

0.5%

1%

5%

2.5%

- Statistics for Research With a Guide to SpssUploaded byEr. Rajendra Acharaya
- QNT275 QNT 275 qnt 275 Qnt 275Uploaded byaamto
- LAW531 - Business Forms WorksheetsUploaded byJohn Pfaff
- Chapter 01Uploaded byHannah Watson
- 08 Quantitative Methods TxtUploaded byIsaiah Oino
- partA.pdfUploaded byCindy Wang
- Test Bank for Business Statistics for Contemporary Decision Making 8th Edition by BlackUploaded bya243011001
- Packet 1Uploaded byLauri Miller Lewis
- Introduction to StatisticsUploaded byHaziqah Husna
- SMU Assignments @ *00 Rs Per SemesterUploaded byArvind K
- StatisticsUploaded bysgxrgsys
- Lin Thein Naing - Independent StudyUploaded byLin Thein Naing
- Descriptive StatsUploaded byanshul shandil
- BA_Education.pdfUploaded byPranveer Singh Parihar
- 9. Scales and Questionaire Design Oct 2018 v1Uploaded byAiman Omer
- Sat Paper 2 Math AnswersUploaded byAshutosh Kataria
- CH 1 - Statistics and DataUploaded byFarid Alias
- 01_INTRODUCTION.pptUploaded byI-Thingk Pratama
- Scoring Method Used in Sensory AnalysisUploaded byRizka
- First LectureUploaded byFahad Mushtaq
- ch3.2Uploaded byjuntujuntu
- Quiz 12018Uploaded byedniel maratas
- Assignment 2Uploaded byMohammad Ammad Ahmed Butt
- lecture 7 (slide) AbnormalityUploaded byJustDen09
- 23. Agri Sci - Ijasr - A Scale to MeasureUploaded byTJPRC Publications
- ExamPaper-U54616 (3)Uploaded byWisdom Phangan
- Statistics 21March2018Uploaded byParth Jatakia
- 21 chapter21 397-426Uploaded byapi-258749062
- math project reportUploaded byapi-224466708
- RM NOTESUploaded byHarish Srinivas

- 1314lab - stoichiometry and measurements labUploaded byapi-239387222
- 18.Details of Dharmatala Panchuria Kulberia MouzaUploaded byAbhijit Basak
- EavesdroppingUploaded byCristian Rodrigo
- Modulation-Developed Electromagnetic SpinningUploaded bymkrinker1296
- Global Information Technology Report 2009-2010Uploaded byWorld Economic Forum
- An epistemological evaluation of research into projects and their management: Methodological issuesUploaded byAlex Diaz Guevara
- Nasa 1977 TBC FT50 ProgramUploaded byatfrost4638
- DELL Latitude 7450 Owner's manualUploaded byTrevor
- HW2Uploaded byShootingStarPhotons
- Comparison of Permeability and Groutability of Ostur Dam Site Rock Mass for Grout Curtain Design (SADEGHIYEH, HASHEMI e AJALLOEIAN, 2010)Uploaded bymdanieeeel
- Asset Integrity ManagementUploaded byjoesuhre
- 13_hacking.pdfUploaded byengkuamirul
- Canon IP110 Mobile Printer User ManualUploaded bybonalaw
- 1.pdfUploaded bydiablero999
- Dunant's pyramid- Thoughts on the “humanitarian space”.pdfUploaded byalvaromellado
- umi-umd-1500Uploaded bySoiJikan
- DocUploaded byabhishek_r_jha
- DS Designer GuideUploaded byprinceanilb
- Existential PhenomenologyUploaded byJoel Redecio
- The Uniform Force MothodUploaded byJoaquin Ignacio Concha Núñez
- Rick Brant 07 Smugglers ReefUploaded byPastPresentFuture
- Lead ManpowerUploaded byHaziqhariri
- Born in Africa Newsletter May 2015Uploaded byJaak Leenknegt
- MicroSCADA Pro References 757407 ENbUploaded bycheuqueleiva
- Cyber Cafe Business Plan.docxUploaded byRavikumar Palanisamy
- Final Essay-Case Study Questions Week 8Uploaded byDalila Melendez
- PRESENTACION IRD RLA 9 055Uploaded byOmar Suarez Oquendo
- Aligning the Sustainable Supply Chain to Green Marketing NeedsUploaded byzlee111
- Man and FellowmanUploaded byMarcelino Rapayla
- 1979 -Simplified Design of Building StructuresUploaded byDjordje Ladjinovic