Question 1

In a normal distribution, data is spread asymmetrically about the median.

Accepted Answer

A) True 
 B)False

Question 2

Frequency of occurrence is used in finding the weighted mean.

Accepted Answer

A) True 
 B)False

Question 3

Hector Rameriz received three A's and one B in his college courses. What is his grade point average? Assume each course is three credits. A = 4, B = 3, C = 2, D = 1.

Accepted Answer

A) 3.0 
B) 3.25 
C) 3.75 
D) 3.80 
E) None of these 
A) 3.0 
B) 3.25 
C) 3.75 
D) 3.80 
E) None of these

Question 4

Art's Hardware reported the following sales for the first 20 days of October:   Prepare a frequency distribution for Art.

Accepted Answer

The answer of Art's Hardware reported the following sales for...

Question 5

All means should be rounded to the nearest tenth.

Accepted Answer

A) True 
 B)False

Question 6

The range of 35, 22, 43, 18, 22, 27, 48, 39, 31, and 16 is:

Accepted Answer

A) 32 
B) 30 
C) 29 
D) 22 
A) 32 
B) 30 
C) 29 
D) 22

Question 7

Which is incorrect?

Accepted Answer

A) The mode is a measurement that records value 
B) A bar graph is the same as a line graph 
C) A mean may cause distortions 
D) A circle graph is based on 360° 
E) None of these 
A) The mode is a measurement that records value 
B) A bar graph is the same as a line graph 
C) A mean may cause distortions 
D) A circle graph is based on 360° 
E) None of these

Question 8

Phil's Barbeque sold the following dinners in one hour:   What was the average dollar mean?

Accepted Answer

A) $10.70 
B) 12.97 
C) $6.35 
D) $10.00 
A) $10.70 
B) 12.97 
C) $6.35 
D) $10.00

Question 9

Find the mode: 6, 6, 8, 9, 3, 9, 6, 3

Accepted Answer

A) 4 
B) 3 
C) 9 
D) 6 
E) None of these 
A) 4 
B) 3 
C) 9 
D) 6 
E) None of these

Question 10

A line graph may be used to discover trends.

Accepted Answer

A) True 
 B)False

Question 11

At the college bookstore, the following sales were rung up. Based on this, prepare a frequency distribution. Use intervals of 0-$5.99, $6.00-$11.99, $12.00-$17.99, and $18.00-$23.99.

Accepted Answer

The answer of At the college bookstore, the following sales...

Question 12

The range of 17, 24, 24, 27, 29, 31, and 36 is:

Accepted Answer

A) 17 
B) 26 
C) 24 
D) 19 
A) 17 
B) 26 
C) 24 
D) 19

Question 13

From the following numbers, the median is: 16, 9, 10, 5, 4

Accepted Answer

A) 9 
B) 4 
C) 5 
D) 10 
A) 9 
B) 4 
C) 5 
D) 10

Question 14

The range of 55, 93, 48, 53, 55, 93, 63, 80, 75, and 55 is:

Accepted Answer

A) 45 
B) 67 
C) 59 
D) 55 
A) 45 
B) 67 
C) 59 
D) 55

Question 15

Intervals should be of unequal size.

Accepted Answer

A) True 
 B)False

Question 16

In finding the mode, you must arrange values from smallest to largest.

Accepted Answer

A) True 
 B)False

Question 17

Value times frequency equals product.

Accepted Answer

A) True 
 B)False

Question 18

The range is the difference between the highest and lowest values in a series or group of values.

Accepted Answer

A) True 
 B)False

Question 19

The range of 105, 100, 79, 86, 101, 94, 98, 87, and 83 is:

Accepted Answer

A) 26 
B) 92 
C) 96 
D) 94 
A) 26 
B) 92 
C) 96 
D) 94

Question 20

Find the median from the following numbers: 15, 8, 7, 5, 4, 1, 9, 16

Accepted Answer

A) 7.5 
B) 7.0 
C) 8.0 
D) 8.5 
E) None of these 
A) 7.5 
B) 7.0 
C) 8.0 
D) 8.5 
E) None of these

Exam 22: Business Statistics

In a normal distribution, data is spread asymmetrically about the median.

Frequency of occurrence is used in finding the weighted mean.

Hector Rameriz received three A's and one B in his college courses. What is his grade point average? Assume each course is three credits. A = 4, B = 3, C = 2, D = 1.

Art's Hardware reported the following sales for the first 20 days of October: Prepare a frequency distribution for Art.

All means should be rounded to the nearest tenth.

The range of 35, 22, 43, 18, 22, 27, 48, 39, 31, and 16 is:

Which is incorrect?

Phil's Barbeque sold the following dinners in one hour: What was the average dollar mean?

Find the mode: 6, 6, 8, 9, 3, 9, 6, 3

A line graph may be used to discover trends.

At the college bookstore, the following sales were rung up. Based on this, prepare a frequency distribution. Use intervals of 0-$5.99, $6.00-$11.99, $12.00-$17.99, and $18.00-$23.99.

The range of 17, 24, 24, 27, 29, 31, and 36 is:

From the following numbers, the median is: 16, 9, 10, 5, 4

The range of 55, 93, 48, 53, 55, 93, 63, 80, 75, and 55 is:

Intervals should be of unequal size.

In finding the mode, you must arrange values from smallest to largest.

Value times frequency equals product.

The range is the difference between the highest and lowest values in a series or group of values.

The range of 105, 100, 79, 86, 101, 94, 98, 87, and 83 is:

Find the median from the following numbers: 15, 8, 7, 5, 4, 1, 9, 16

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