Exam 5: Business Statistics

Sales at Regan Real Estate totaled 10 homes for the month. They were as follows: $115,000, $119,000, $150,000, $175,000, $160,000, $104,000, $118,000, $148,000, $165,000, $195,000. Calculate the mean and the median.

(Short Answer)

4.7/5

(82)

Question 41

The median is the middle value for an even number of values.

(True/False)

4.9/5

(81)

Question 42

Kathleen sold chemicals for DuPont with the following sales results. Calculate the weighted mean. Value Frequency Product $177.16 7 $1,240.12 $37.25 2 $74.50 $78.00 3 $234.00 $150.00 2 $300.00

(Short Answer)

4.9/5

(76)

Question 43

To draw a circle graph, each part should be converted.

(True/False)

4.9/5

(94)

Question 44

The sum of products divided by the sum of frequencies equals the weighted means.

(True/False)

4.8/5

(74)

Question 45

How many degrees on a pie chart would each be given from the following?

(Short Answer)

4.9/5

(74)

Question 46

Angie Corporation reported profits of 18%. It stated in the report that cost of sales was 42% with expenses of 40%. Prepare a circle graph for Angie.

(Short Answer)

4.8/5

(88)

Question 47

Indicate the number of degrees on a pie chart each would be given: A. 42.5% of Jones's investments are in stocks B. 23% of Jones's investments are in bonds C. 34.5% of Jones's investments are in money market funds

(Short Answer)

4.8/5

(79)

Question 48

Joyce Rath predicted that over the Memorial Day weekend the following will visit the Children's Museum: How many degrees would each represent if a circle graph were made (to the nearest tenth of a percent)?

(Short Answer)

4.9/5

(80)

Question 49

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

(Multiple Choice)

5.0/5

(84)

Question 50

What is the range of 22, 22, 27, 29, 30, 34, and 38?

(Multiple Choice)

4.8/5

(85)

Question 51

Calculate the standard deviation (to the nearest hundredth) for the following sample set of data (round mean to nearest hundredth): 82.5, 91.3, 57.4, 41.7, 76.9, 68.5

(Short Answer)

5.0/5

(69)

Question 52

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

(Multiple Choice)

4.9/5

(73)

Question 53

Calculate the standard deviation (to the nearest hundredth) for the following sample set of data: 66, 101, 71, 48, 78, 71

(Short Answer)

4.9/5

(72)

Question 54

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

(Short Answer)

4.8/5

(89)

Question 55

Ed Sullivan manufactures bean bags. From the following daily production for the first 20 days of July, find the weighted mean (to the nearest whole number).

(Short Answer)

4.8/5

(78)

Question 56

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

(Short Answer)

4.9/5

(84)

Question 57

Jim's Donut Shop reported the following sales for the first 20 days: Complete a frequency distribution.

(Short Answer)

4.8/5

(85)

Question 58

A line graph may be used to discover trends.

(True/False)

4.8/5

(79)

Question 59

Value times frequency equals product.

(True/False)

4.9/5

(76)

Question 60

Showing 41 - 60 of 76

Exam 5: Business Statistics

Sales at Regan Real Estate totaled 10 homes for the month. They were as follows: $115,000, $119,000, $150,000, $175,000, $160,000, $104,000, $118,000, $148,000, $165,000, $195,000. Calculate the mean and the median.

The median is the middle value for an even number of values.

Kathleen sold chemicals for DuPont with the following sales results. Calculate the weighted mean. Value Frequency Product $177.16 7 $1,240.12 $37.25 2 $74.50 $78.00 3 $234.00 $150.00 2 $300.00

To draw a circle graph, each part should be converted.

The sum of products divided by the sum of frequencies equals the weighted means.

How many degrees on a pie chart would each be given from the following?

Angie Corporation reported profits of 18%. It stated in the report that cost of sales was 42% with expenses of 40%. Prepare a circle graph for Angie.

Indicate the number of degrees on a pie chart each would be given: A. 42.5% of Jones's investments are in stocks B. 23% of Jones's investments are in bonds C. 34.5% of Jones's investments are in money market funds

Joyce Rath predicted that over the Memorial Day weekend the following will visit the Children's Museum: How many degrees would each represent if a circle graph were made (to the nearest tenth of a percent)?

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

What is the range of 22, 22, 27, 29, 30, 34, and 38?

Calculate the standard deviation (to the nearest hundredth) for the following sample set of data (round mean to nearest hundredth): 82.5, 91.3, 57.4, 41.7, 76.9, 68.5

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

Calculate the standard deviation (to the nearest hundredth) for the following sample set of data: 66, 101, 71, 48, 78, 71

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

Ed Sullivan manufactures bean bags. From the following daily production for the first 20 days of July, find the weighted mean (to the nearest whole number).

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

Jim's Donut Shop reported the following sales for the first 20 days: Complete a frequency distribution.

A line graph may be used to discover trends.

Value times frequency equals product.

Problem Solving With Math

Fractions

Decimals

Solving for the Unknown

Banking and Budgeting

Payroll and Income Tax

Sales, Excise, and Property Taxes

Risk Management

Installment Buying and Revolving Charge Credit Cards

Discounts: Trade and Cash

Markups and Markdowns: Perishables and Breakeven Analysis

How to Read, Analyze, and Interpret Financial Reports

Depreciation

Inventory and Overhead

Simple Interest

Promissory Notes, Simple Discount Notes, and the Discount Process

The Cost of Home Ownership

Compound Interest and Present Value

Annuities and Sinking Funds

Stocks, Bonds, and Mutual Funds

Filters