Student name:__________

TRUE/FALSE - Write 'T' if the statement is true and 'F'

if the statement is false.
1) A value that is typical or representative of the data is
referred to as a measure of central location.

⊚ true ⊚ false

2) The arithmetic mean is the sum of the quantitative

observations divided by the total number of observations.

⊚ true ⊚ false

3) For a set of data arranged or sorted in numerical order,

the value of the observation in the center is called the
weighted mean.

⊚ true ⊚ false

4) A set of ordinal-, interval-, or ratio-level data may

have only one mode.

⊚ true ⊚ false

5) The mode is the value of the observation that appears

most frequently.

⊚ true ⊚ false

Version 1 1
⊚ true ⊚ false

7) The sum of the deviations from the mean for the set of
numbers 4, 9, and 5 will equal zero.

⊚ true ⊚ false

8) In a sample of 10 people, 3 persons earn $8 an hour, 6

earn $9 an hour, and 1 earns $12 an hour. The weighted mean
hourly wage is $9.

⊚ true ⊚ false

9) For any distribution, there is an equal number of

values above and below the mean.

⊚ true ⊚ false

10) Variation describes the degree of dispersion in the

data.

⊚ true ⊚ false

11) The variance is the mean of the sum of the squared

deviations between each observation and the median.

⊚ true ⊚ false

Version 1 2
⊚ true ⊚ false

13) For any data set, Chebyshev’s theorem estimates the deviations of the mean,
proportion of observations that occurs within k standard where k is greater than 1.0.

⊚ true ⊚ false

14) In a company, the standard deviation of the ages of that the dispersion of age is
female employees is 6 years and the standard deviation of the greater for females than for
ages of male employees is 10 years. These statistics indicate males.

⊚ true ⊚ false

15) According to the Empirical rule, about 95% of the

observations lie within plus and minus 2.00 standard
deviations.

⊚ true ⊚ false

16) The geometric mean is the nth root of the product of n

observations.

⊚ true ⊚ false

MULTIPLE CHOICE - Choose the one alternative that measure of central location
best completes the statement or answers the question. will always be zero.
17) The sum of the deviations of each data value from this

C) Median
A) Mode
B) Mean

Version 1 3
 D) Standard deviation

18) For any data set, which measures of central location

have only one value?

D) Mean and
A) Mode and median median
B) Mode and mean
C) Mode and standard deviation

19) Which measures of central location are not affected by

extremely small or extremely large values?

D) Standard
A) Mean and median deviation and mean
B) Mean and mode
C) Mode and median

20) What is the relationship among the mean, median, and

mode in a symmetric distribution?

D) The mode is
A) They are all equal. the largest value.
B) The mean is always the smallest value.
C) The mean is always the largest value.

21) For a data set, half of the observations are always

greater than the _______.

C) mean
A) median D) standard
B) mode deviation

Version 1 4
 C) Interval
A) Nominal D) Ratio
B) Ordinal

23) For a data set with an odd number of observations that

have been sorted from smallest to largest values, where is the
median located?

D) The number of
A) The average of the two middle observations observations multiplied by
B) The number of observations divided by two 0.5
C) The observation in the middle

24) Which one of the following is referred to as the

population mean?

C) σ
A) µ D)
B) s

25) On a finance exam, 15 accounting majors had an weighted mean for all 32
average grade of 90. On the same exam, 7 marketing majors students taking the exam?
averaged 85, and 10 finance majors averaged 93. What is the

C) 89.48
A) 89.84 D) 10.67
B) 89.33

26) A survey item asked students to indicate their class in data generated by that
college: freshman, sophomore, junior, or senior. Which questionnaire item?
measure(s) of central location would be appropriate for the

C) Mode and
A) Mean and median median
B) Mean and mode D) Mode only

Version 1 5
27) What is the median of 26, 30, 24, 32, 32, 31, 27, and 29?

C) 30
A) 32 D) 29.5
B) 29

28) The net incomes (in $millions) of a sample of steel

fabricators are $86, $67, $86, and $85. What is the modal net
income?

C) $85.5
A) $67 D) $86
B) $85

29) A stockbroker placed the following order for a $9.125 a shareWhat is the
customer.50 shares of Kaiser Aluminum at $104 a share100 weighted arithmetic mean
shares of GTE at $25.25 a share20 shares of Boston Edison at price per share?

C) $103.50
A) $25.25 D) $46.51
B) $79.75

30) During the past six months, a purchasing agent placed

the following three orders for coal.

Tons of Coal 1,50 3,30 800

0 0 What is the weighted
Price Per Ton $ 27.9 $ 87.3 $ 94.0 arithmetic mean price per
0 1 0
ton?

C) $68.53
A) $87.31 D) $89.24
B) $72.35

31) During the past six months, a purchasing agent placed the following three orders

Version 1 6
for coal.

Tons of Coal 1,20 3,00 500

0 0 What is the weighted
Price Per Ton $ 28.5 $ 87.2 $ 88.0 arithmetic mean price per
0 5 0
ton?

C) $68.47
A) $87.25 D) $89.18
B) $72.33

32) A sample of single persons receiving Social Security

payments revealed these monthly benefits: $793, $1,017,
$1,022, $840, $1,030, and $1,043. How many observations
are below the median?

C) 3
A) 1 D) 3.5
B) 2

33) A sample of single persons receiving Social Security

payments revealed these monthly benefits: $826, $699,
$1,087, $880, $839, and $965. How many observations are
below the median?

C) 3
A) 1 D) 3.5
B) 2

34) Over the last six months, the following numbers of the median number of
absences have been reported: 16, 20, 6, 10, 4, and 12. What is monthly absences?

C) 4
A) 16 D) 23
B) 11

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35) Over the last six months, the following numbers of the median number of
absences have been reported: 6, 0, 10, 14, 8, and 0. What is monthly absences?

C) 8
A) 6 D) 3
B) 7

36) Assume a student received the following grades for

the semester: History, B; Statistics, A; Spanish, C; and
English, C. History and English are 8 credit-hour courses,
Statistics a 8 credit-hour course, and Spanish is a 3 credit-
hour course. If 4 grade points are assigned for an A, 3 for a B,
and 2 for a C, what is the weighted mean grade for the
semester?

C) 2.89
A) 4.00 D) 3.14
B) 2.09

37) Assume a student received the following grades for and 2 for a C, what is the
the semester: History, B; Statistics, A; Spanish, C; and weighted mean grade for
English, C. History and English are 5 credit-hour courses, the semester?
Statistics a 4 credit-hour course, and Spanish is a 3 credit-
hour course. If 4 grade points are assigned for an A, 3 for a B,

C) 2.76
A) 4.00 D) 3.01
B) 1.96

38) A sample of the paramedical fees charged by clinics What is the median
revealed these amounts: $34, $55, $29, $53, $10, and $38. charge?

C) $10.00
A) $22.00 D) $34.00
B) $36.00

39) A sample of the

Version 1 8
paramedical fees charged by clinics revealed these amounts:
$55, $49, $50, $45, $52, and $55. What is the median charge?

C) $52.00
A) $47.50 D) $55.00
B) $51.00

40) The times (in minutes) that several underwriters took

to review applications for similar insurance coverage are 50,
90, 56, and 71. What is the median length of time required to
review an application?

C) 67.75
A) 63.50 D) 127.00
B) 73.00

41) The times (in minutes) that several underwriters took

to review applications for similar insurance coverage are 50,
230, 52, and 57. What is the median length of time required to
review an application?

C) 97.25
A) 54.5 D) 109.0
B) 141.0

42) A bottling company offers three kinds of delivery

service: instant, same day, and within five days. The profit per
delivery varies according to the kind of delivery. The profit
for an instant delivery is less than the other kinds because the
driver has to go directly to a grocery store with a small load
and return to the bottling plant. To find out what effect each
type of delivery has on the profit picture, the company
summarized the data in the following table based on
deliveries for the previous quarter.

Type Freque Profit per Delivery

of ncy
Deli per

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 very Quarte Within 6 1
r five 0 3
Instant 4 1 days 0
0 2
0
Same day 1 1
0 2 What is the weighted
0 0 mean profit per delivery?

C) $168
A) $98 D) $123
B) $136

Version 1 10
 Type Freque Profit per Delivery
of ncy What is the weighted
Deli per mean profit per delivery?
very Quarte
r
Instant 1 7
0 0
0
Same day 6 1
0 0
0
Within five days 4 1
0 6
0

Version 1 11
 C) $142
A) $72 D) $97
B) $110

44) For the most recent seven years, the U.S. Department mean number of degrees
of Education reported the following number of bachelor's awarded?
degrees awarded in computer science: 10,901; 9,436; 8,098;
10,960; 8,842; 10,469; 5,163. What is the annual arithmetic

C) About 7,014
A) About 13,037 D) About 16,759
B) About 9,124

45) For the most recent seven years, the U.S. Department mean number of degrees
of Education reported the following number of bachelor's awarded?
degrees awarded in computer science: 4,033; 5,652; 6,407;
7,201; 8,719; 11,154; 15,121. What is the annual arithmetic

C) About 6,217
A) About 12,240 D) About 15,962
B) About 8,327

46) A question in a market survey asks for a respondent’s be used to summarize this
favorite car color. Which measure of central location should question?

C) Mean
A) Mode D) Standard
B) Median deviation

47) Sometimes, a data set has two values that have the the data can best be
highest and equal frequencies. In this case, the distribution of described as _______.

D) negatively
A) symmetric skewed
B) bimodal (having two modes)
C) positively skewed

Version 1 12
48) A disadvantage of using an arithmetic mean to
summarize a set of data is that _______.

D) it can be
A) the arithmetic mean sometimes has two values biased by one or two
B) it can be used for interval and ratio data extremely small or large
C) it is always different from the median values

49) The mean, as a measure of central location, would be

inappropriate for which one of the following?

D) Marital status
A) Ages of adults at a senior citizen center of college students at a
B) Incomes of lawyers particular university
C) Number of pages in textbooks on statistics

50) What is a disadvantage of the range as a measure of

dispersion?

D) It has no
A) It is based on only two observations. disadvantage.
B) It can be distorted by a large mean.
C) It is not in the same units as the original data.

51) A purchasing agent for a trucking company is 2,000 miles.

shopping for replacement tires for their trucks from two
suppliers. The suppliers’ prices are the same. However, Which of the following
Supplier A’s tires have an average life of 60,000 miles with a statements is true?
standard deviation of 10,000 miles. Supplier B’s tires have an
average life of 60,000 miles with a standard deviation of

than the life of Supplier

A) The two distributions of tire life are the same.
B) On average, Supplier A’s tires have a longer life
than Supplier B’s tires.
C) The life of Supplier B’s tire is more predictable

Version 1 13
A’s tires.
D) The dispersion of Supplier A’s tire life is less
than the dispersion of Supplier B’s tire life.

Version 1 14
52) The sum of the differences between sample
observations and the sample mean is equal to _______.

C) the range
A) zero D) the standard
B) the mean deviation deviation

53) If the variance of the “number of daily parking

tickets” issued is 100, the standard deviation is defined as the
_______.

D) square root of
A) "number of daily parking tickets" the variance of the
B) "number of daily parking tickets" squared "number of daily parking
C) absolute value of the variance of the "number of tickets"
daily parking tickets"

54) What is the relationship between the variance and the

standard deviation?

D) There is no
A) Variance is the square root of the standard constant relationship
deviation. between the variance and
B) Variance is the square of the standard deviation. the standard deviation.
C) Variance is twice the standard deviation.

55) According to Chebyshev’s theorem, at least what standard deviations of the

percent of the observations lie within plus and minus 1.75 mean?

C) 67%
A) 56% D) 100%
B) 95%

56) For a sample of

similar-sized all-electric

Version 1 15
homes, the March electric bills were (to the nearest dollar): $175, and $194. What is
$212, $191, $176, $129, $106, $92, $108, $109, $103, $121, the range?

C) $120
A) $100 D) $112
B) $130

57) The following are the weekly amounts of welfare

payments made by the federal government to a sample of six
families: $139, $136, $130, $136, $147, and $136. What is the
range?

C) $52
A) $0 D) $17
B) $14

58) For the past week, a company’s common stock closed $61.5. What was the price
with the following prices: $61.5, $62, $61.25, $60.875, and range?

C) $1.125
A) $1.250 D) $1.875
B) $1.750

59) The monthly amounts spent for food by families of

four receiving food stamps approximates a symmetrical,
normal distribution. The sample mean is $150 and the
standard deviation is $20. Using the Empirical rule, about
95% of the monthly food expenditures are between what two
amounts?

C) $205 and $220

A) $100 and $200 D) $110 and $190
B) $85 and $105

60) The ages of all the

Version 1 16
patients in the isolation ward of the hospital are 38, 26, 13, 41,
and 22. What is the population variance?

C) 240.3
A) 106.8 D) 42.4
B) 91.4

61) A sample of assistant professors on the business proportion of the faculty

faculty at state-supported institutions in Ohio revealed the earns more than $66,000,
mean income to be $72,000 for nine months, with a standard but less than $78,000?
deviation of $3,000. Using Chebyshev’s theorem, what

C) At least 75%
A) At least 50% D) At least 100%
B) At least 25%

62) A population consists of all the weights of all

defensive tackles on a university’s football team. They are
Johnson, 204 pounds; Patrick, 215 pounds; Junior, 207
pounds; Kendron, 212 pounds; Nicko, 214 pounds; and
Cochran, 208 pounds. What is the population standard
deviation (in pounds)?

C) About 100
A) About 4 D) About 40
B) About 16

63) A sample of small bottles and their contents has the the sample variance of
following weights (in grams): 4, 2, 5, 4, 5, 2, and 6. What is bottle weight?

C) 1.96
A) 6.92 D) 2.33
B) 4.80

Version 1 17
64) The distribution of a sample of the outside diameters diameters lie between what
of PVC pipes approximates a symmetrical, bell-shaped two amounts?
distribution. The arithmetic mean is 14.0 inches, and the
standard deviation is 0.1 inches. About 68% of the outside

D) 13.8 and 14.2

A) 13.5 and 14.5 inches inches
B) 13.0 and 15.0 inches
C) 13.9 and 14.1 inches

65) The sample variance of hourly wages was 10. What is

the sample standard deviation?

C) $3.16
A) $1.96 D) $10.00
B) $4.67

66) Based on the Empirical rule, what percent of the

observations will lie between plus or minus two standard
deviations from the mean?

C) 68%
A) 95% D) 2.5%
B) 5%

67) A sample of wires coming off the production line was

tested for tensile strength. The statistical results (in psi) were
the following:

Arithmetic mean 50 Median 50 Quarti 2 Mean 3

0 0 le 5 deviati 2
Mode 50 Standard 40 deviat on
0 deviation ion
Range 2 Sample 1

Version 1 18
 40 size 00

According to the Empirical rule, the middle 95% of the wires

tested had a tensile strength between approximately what two
values?

C) 420 and 580

A) 450 and 550 D) 380 and 620
B) 460 and 540

68) In the calculation of the arithmetic mean for grouped

data, which value is used to represent all the values in a
particular class?

E) The class
A) The upper limit of the class midpoint
B) The lower limit of the class
C) The frequency of the class
D) The cumulative frequency preceding the class

69) The net annual sales of a sample of small retail

clothing stores were organized into the following relative
frequency distribution.

Net Sales (in $ millions) Percent of Total 13 or more 10

1 up to 4 13
4 up to 7 14 What is the mean net sales
7 up to 10 40 (in $ millions)?
10 up to 13 23

C) $8.59
A) $7.09 D) Mean cannot
B) $10.09 be computed.

70) Each person who applies for an assembly job at part of the test involves
Robert’s Electronics is given a mechanical aptitude test. One assembling a plug-in unit

Version 1 19
based on numbered instructions. A sample of the length of into the following
time it took 42 persons to assemble the unit was organized frequency distribution.

Length of Time (in minutes) Number 13 up to 16 5

1 up to 4 4 16 up to 19 2
4 up to 7 8
7 up to 10 14 What is the standard
10 up to 13 9 deviation (in minutes)?

C) 8.78
A) 3.89 D) 17.00
B) 6.01

71) Consider two populations with the same mean. Since

they have the same mean, then

C) their modes
A) their standard deviations must also be the same. must also be the same.
D) none of these
B) their medians must also be the same. are correct.

72) The sample mean

them by (n − 1).
A) is always equal to the population mean. D) is found by
B) is always smaller than the population mean. adding all data values and
C) is found by adding the data values and dividing dividing them by n.

73) Which measure of central location is used to

determine an average annual percent increase?

C) Mode
A) Arithmetic mean D) Geometric
B) Weighted mean mean

Version 1 20
74) The U.S. Federal Aviation Administration reported
that passenger revenues on international flights increased
from $528 million in 1986 to $5,100 million in 2009. What is
the geometric mean annual percent increase in international
passenger revenues?

C) 103.6
A) 10.4 D) 9.96
B) 27.9

75) The Investment Research Institute reported in its geometric mean annual
Mutual Fund Fact Book that the number of mutual funds percent increase in the
increased from 5,800 in 1999 to 8,071 in 2009. What is the number of funds?

C) 39.23
A) 1.034 D) 70.89
B) 3.36 E) 631.5

76) The Investment Research Institute reported in its

Mutual Fund Fact Book that the number of mutual funds
increased from 5,725 in 1999 to 7,977 in 2009. What is the
geometric mean annual percent increase in the number of
funds?

C) 39.34
A) 1.034 D) 71.11
B) 3.37 E) 633.5

77) Production of
passenger cars in Japan

Version 1 21
increased from 3.94 million in 1999 to 6.54 million in 2009.
What is the geometric mean annual percent increase?

C) 5.2
A) 3.7 D) 15.7
B) 1.6 E) 44.6

78) Production of passenger cars in Japan increased from geometric mean annual
3.94 million in 1999 to 6.74 million in 2009. What is the percent increase?

C) 5.5
A) 4.0 D) 16.6
B) 1.9 E) 47.3

79) The number of students at a local university increased

from 1,900 students to 4,500 students in 10 years. Based on a
geometric mean, the university grew at an average percentage
rate of

D) 190 students
A) 1,900 students per year. per year.
B) 1.090 percent per year.
C) 9.0 percent per year.

80) The number of students at a local university increased

from 2,500 students to 5,000 students in 10 years. Based on a
geometric mean, the university grew at an average percentage
rate of

D) 250 students
A) 2,500 students per year. per year.
B) 1.072 percent per year.
C) 7.2 percent per year.

Version 1 22
81) The variance of a sample of 121 observations equals
441. The standard deviation of the sample equals

C) 1.91.
A) 11. D) 231.
B) 21.

82) When computing the arithmetic mean, the smallest

value in the data set

D) can be any
A) can never be negative. value.
B) can never be zero.
C) can never be less than the mean.

83) What is the sample standard deviation of the following

numbers? 2, 6, 8, 7, 9

C) 7.30
A) 2.70 D) 5.50
B) 2.43

84) What is the sample standard deviation of the following

numbers? 6, 4, 2, 7, 1

C) 6.50
A) 2.55 D) 5.20
B) 2.28

85) What is the sample variance of the following

numbers? 5, 3, 8, 2, 4

C) 5.30
A) 2.30 D) 4.70
B) 2.03

Version 1 23
86) What is the sample variance of the following numbers? 6, 4, 2, 7, 1

C) 6.50
A) 2.55 D) 5.20
B) 2.28

87) The ages of all employees at a small convenience store

are 26, 34, 40, and 26. What is variance of ages for this
population?

C) 34.75
A) 5.89 D) 64.71
B) 7.16

88) The ages of all employees at a small convenience store

are 38, 26, 42, and 22. What is variance of ages for this
population?

C) 68.00
A) 8.25 D) 90.67
B) 9.52

89) The ages of all employees at a small convenience store

are 34, 40, 36, and 32. What is standard deviation of ages for
this population?

C) 32.48
A) 2.96 D) 8.75
B) 4.23

90) The ages of all employees at a small convenience store

are 38, 26, 42, and 22. What is standard deviation of ages for
this population?

C) 68.00
A) 8.25 D) 90.67
B) 9.52

Version 1 24
91) Students in a statistics class answered a quiz question
and the time it took each student to complete it was recorded.
The results are summarized in the following frequency
distribution.

Length of Time (in minutes) Number 6 up to 10 8

0 up to 2 3
2 up to 4 6 What is the standard
4 up to 6 20 deviation (in minutes)?

C) 4
A) 2 D) 5
B) 3

92) Students in a statistics class answered a quiz question

and the time it took each to complete it was recorded. The
results are summarized in the following frequency
distribution.

Length of Time (in minutes) Number 6 up to 10 8

0 up to 2 3
2 up to 4 6 What is the mean (in
4 up to 6 20 minutes)?

C) 5.0
A) 4.0 D) 5.5
B) 4.5 E) 6.5

Version 1 25
 Length of Time (in minutes) Number 13 up to 16 5
1 up to 4 4 16 up to 19 2
4 up to 7 8
7 up to 10 14 What is the mean (in
10 up to 13 9 minutes)?

C) 8.53
A) 3.89 D) 9.14
B) 11.50

Version 1 26
Answer Key

Test name: Chapter 03 Test Bank

1) TRUE
2) TRUE
3) FALSE
4) FALSE
5) TRUE
6) FALSE
7) TRUE
8) TRUE
9) FALSE
10) TRUE
11) FALSE
12) TRUE
13) TRUE
14) FALSE
15) TRUE
16) TRUE
17) B
18) D
19) C

Version 1 27
20) A
21) A
22) B
23) C
24) A
25) A
26) C
27) D
28) D
29) D
30) B
31) B
32) C
33) C
34) B
35) B
36) C
37) C
38) B
39) B
40) A

Version 1 28
41) A
42) D
43) D
44) B
45) B
46) A
47) B
48) D
49) D
50) A
51) C
52) A
53) D
54) B
55) C
56) C
57) D
58) C
59) D
60) A
61) C

Version 1 29
62) A
63) D
64) C
65) C
66) A
67) C
68) E
69) D
70) A
71) D
72) D
73) D
74) A
75) B
76) B
77) C
78) C
79) C
80) C
81) B
82) D

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83) A
84) A
85) C
86) C
87) C
88) C
89) A
90) A
91) A
92) C
93) D

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