Filters
Question type

Study Flashcards

If a distribution is highly skewed, the measure of central location called the ________ should be avoided.

Correct Answer

verifed

verified

A value that is typical or representative of the data is referred to as a measure of central location.

A) True
B) False

Correct Answer

verifed

verified

When reporting descriptive statistics for a variable, why should the report include measures of location and dispersion?

Correct Answer

verifed

verified

The key is to know that every variable h...

View Answer

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?


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

E) B) and D)
F) A) and B)

Correct Answer

verifed

verified

What is a unique characteristic of the mean deviation?


A) It is based on only two observations.
B) It is based on deviations from the mean.
C) It uses absolute values.
D) It is only applied to skewed distributions.

E) None of the above
F) B) and C)

Correct Answer

verifed

verified

Variation describes the degree of dispersion in the data.

A) True
B) False

Correct Answer

verifed

verified

What is the lowest level of measurement that a median can be computed?


A) Nominal
B) Ordinal
C) Interval
D) Ratio

E) C) and D)
F) A) and C)

Correct Answer

verifed

verified

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

A) True
B) False

Correct Answer

verifed

verified

During the past six months, a purchasing agent placed the following three orders for coal: During the past six months, a purchasing agent placed the following three orders for coal:   What is the weighted arithmetic mean price per ton? A) $87.25 B) $72.33 C) $68.47 D) $89.18 What is the weighted arithmetic mean price per ton?


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

E) C) and D)
F) A) and B)

Correct Answer

verifed

verified

A company studied the commissions paid to furniture salespersons. If the variance is computed, the unit of measure is _________.

Correct Answer

verifed

verified

In a departmental review of employee performance, three employees were scored a 4 (excellent performance), five employees were scored a 3 (average performance), and one employee was scored a 1 (below average performance). To compute a weighted mean, the weights would be ___________________.

Correct Answer

verifed

verified

3, 5, and ...

View Answer

The mean, as a measure of central location, would be inappropriate for which one of the following?


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

E) A) and B)
F) C) and D)

Correct Answer

verifed

verified

A company's human resources department was interested in the average number of years that a person works before retiring. The sample of size 11 follows: A company's human resources department was interested in the average number of years that a person works before retiring. The sample of size 11 follows:   What is the arithmetic mean? What is the arithmetic mean?

Correct Answer

verifed

verified

A sample of five full-service gasoline stations, each carrying three grades of gasoline, was taken, and the price per liter (to the nearest cent) was recorded for each grade of gasoline, as shown in the following table. A sample of five full-service gasoline stations, each carrying three grades of gasoline, was taken, and the price per liter (to the nearest cent) was recorded for each grade of gasoline, as shown in the following table.   What is the median price of unleaded plus gas? What is the median price of unleaded plus gas?

Correct Answer

verifed

verified

The mean deviation is the sum of the absolute differences between each value and the median.

A) True
B) False

Correct Answer

verifed

verified

The distribution of annual salaries for 52 employees in a small manufacturing company has the following averages: the mean is $25,459, the median is $24,798 and the mode is $24,000. What is the total amount paid for employee salaries?

Correct Answer

verifed

verified

A sample of assistant professors on the business faculty at state-supported institutions in Ohio revealed the mean income to be $72,000 for nine months, with a standard deviation of $3,000. Using Chebyshev's Theorem, what proportion of the faculty earns more than $66,000, but less than $78,000?


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

E) A) and B)
F) A) and C)

Correct Answer

verifed

verified

Showing 101 - 117 of 117

Related Exams

Show Answer