Question 1

Match the following terms with their definitions.
-Odd number of values

Accepted Answer

A) Value that occurs most often 
B) Used in a frequency distribution 
C) Middle number is median 
D) Line graph 
E) Sum of all values / Number of values
F)Does not distort an average that has one or more extreme values
G)Height represents frequency
H)Current price x 100 base year price
I)360
J)Sum of products + sum of frequencies 
A) Value that occurs most often 
B) Used in a frequency distribution 
C) Middle number is median 
D) Line graph 
E) Sum of all values / Number of values
F)Does not distort an average that has one or more extreme values
G)Height represents frequency
H)Current price x 100 base year price
I)360
J)Sum of products + sum of frequencies

Question 2

Given the following, find the
A)Mean and
B)Mode:
 $$\begin{array} { | l | l | } 
\hline \text { Employee } & \text { Sales } \
\hline \text { Jan C. } & \$ 18,900 \
\hline \text { John D. } & \$ 24,800 \
\hline \text { Jose F. } & \$ 16,900 \
\hline \text { Shiram T. } & \$ 29,100 \
\hline
\end{array}$$

Accepted Answer

A. $22,425

Question 3

Today the price of a Jeep is $25,000. In 1970 the price was $5,000. What is the price relative?

Accepted Answer

A) $600 
B) $166 
C) $300 
D) $400 
E) None of these 
A) $600 
B) $166 
C) $300 
D) $400 
E) None of these

Question 4

Value times frequency equals product.

Accepted Answer

A) True 
 B)False

Question 5

Match the following terms with their definitions.
-Median

Accepted Answer

A) Value that occurs most often 
B) Used in a frequency distribution 
C) Middle number is median 
D) Line graph 
E) Sum of all values / Number of values
F)Does not distort an average that has one or more extreme values
G)Height represents frequency
H)Current price x 100 base year price
I)360
J)Sum of products + sum of frequencies 
A) Value that occurs most often 
B) Used in a frequency distribution 
C) Middle number is median 
D) Line graph 
E) Sum of all values / Number of values
F)Does not distort an average that has one or more extreme values
G)Height represents frequency
H)Current price x 100 base year price
I)360
J)Sum of products + sum of frequencies

Question 6

Prepare a bar chart of this data
 $$\begin{array} { | l | l | l | l | l | } 
\hline 1,000 & 8,000 & 4,000 & 6,000 & 5,000 \
\hline 6,000 & 2,000 & 7,000 & 6,000 & 6,000 \
\hline 9,000 & 3,000 & 9,000 & 5,000 & 2,000 \
\hline 10,000 & 7,000 & 10,000 & 7,000 & 6,000 \
\hline
\end{array}$$

Accepted Answer

@#IMG-DLM& 1,000 = 1, 2,000 = 2, 3,000 =

Question 7

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

Accepted Answer

A) 9 
B) 4 
C) 5 
D) 10 
E) None of these 
A) 9 
B) 4 
C) 5 
D) 10 
E) None of these

Question 8

Professor Bowdidge taught four Business Statistics classes during the fall semester with the following grade averages for each class. Calculate the mean (round to the nearest hundredth): 82%, 86%, 91%, and 74%

Accepted Answer

A) 83.25% 
B) 83.12% 
C) 83.00% 
D) 85.00% 
E) None of these 
A) 83.25% 
B) 83.12% 
C) 83.00% 
D) 85.00% 
E) None of these

Question 9

Match the following terms with their definitions.
-Mode

Accepted Answer

A) Value that occurs most often 
B) Used in a frequency distribution 
C) Middle number is median 
D) Line graph 
E) Sum of all values / Number of values
F)Does not distort an average that has one or more extreme values
G)Height represents frequency
H)Current price x 100 base year price
I)360
J)Sum of products + sum of frequencies 
A) Value that occurs most often 
B) Used in a frequency distribution 
C) Middle number is median 
D) Line graph 
E) Sum of all values / Number of values
F)Does not distort an average that has one or more extreme values
G)Height represents frequency
H)Current price x 100 base year price
I)360
J)Sum of products + sum of frequencies

Question 10

Prepare a frequency table for the books produced for the first 20 days in January.
 $$\begin{array} { | l | l | l | l | l | } 
\hline 600 & 800 & 900 & 100 & 300 \
\hline 900 & 200 & 800 & 900 & 600 \
\hline 1,000 & 400 & 600 & 800 & 700 \
\hline 300 & 500 & 500 & 600 & 900 \
\hline
\end{array}$$

Accepted Answer

\[\begin{array} { | l | l | l | } 
\hlin

Question 11

Janet's Bake Shop produced the following number of oat bran muffins each week for the first 10 weeks. Prepare a bar graph.
$\begin{array} { l c } 
\text { Week } & \text { \# Muffins } \
1 & 450 \
2 & 300 \
3 & 600 \
4 & 800 \
5 & 850 \
6 & 300 \
7 & 100 \
8 & 900 \
9 & 1,000 \
10 & 700
\end{array}$

Accepted Answer

@#IMG-DLM& Chart in

Question 12

To avoid distortion of extreme values, a good indicator would be the:

Accepted Answer

A) Mean 
B) Median 
C) Weighted-mean 
D) Mode 
E) None of these 
A) Mean 
B) Median 
C) Weighted-mean 
D) Mode 
E) None of these

Question 13

Calculating one's grade point average is an example of using the median.

Accepted Answer

A) True 
 B)False

Question 14

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 15

Prepare a frequency distribution of the following data, showing the number of popsicles produced:
 $$\begin{array} { | l | l | l | l | l | } 
\hline 1,000 & 8,000 & 4,000 & 6,000 & 5,000 \
\hline 6,000 & 2,000 & 7,000 & 6,000 & 6,000 \
\hline 9,000 & 3,000 & 9,000 & 5,000 & 2,000 \
\hline 10,000 & 7,000 & 10,000 & 7,000 & 6,000 \
\hline
\end{array}$$

Accepted Answer

\[\begin{array} { | l | l | l | } 
\hlin

Question 16

Kathleen sold chemicals for DuPont with the following sales results. Calculate the weighted mean.
 $$\begin{array} { | l | l | } 
\hline \text { Value } & \text { Frequency } \
\hline\$ 177.16 & 7 \
\hline \$ 37.25 & 2 \
\hline \$ 78.00 & 3 \
\hline \$ 150.00 & 2 \
\hline
\end{array}$$

Accepted Answer

The answer of Kathleen sold chemicals for DuPont with the...

Question 17

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

Accepted Answer

A) True 
 B)False

Question 18

Calculate the mode from the following: 71, 3, 13, 33, 3, 71, 14, 33, 13, 33

Accepted Answer

A) 3 
B) 13 
C) 33 
D) 71 
E) None of these 
A) 3 
B) 13 
C) 33 
D) 71 
E) None of these

Question 19

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 20

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

Accepted Answer

The number

Exam 22: Business Statistics

Match the following terms with their definitions. -Odd number of values

Given the following, find the A)Mean and B)Mode: Employee Sales Jan C. \ 18,900 John D. \ 24,800 Jose F. \ 16,900 Shiram T. \ 29,100

Today the price of a Jeep is $25,000. In 1970 the price was $5,000. What is the price relative?

Value times frequency equals product.

Match the following terms with their definitions. -Median

Prepare a bar chart of this data 1,000 8,000 4,000 6,000 5,000 6,000 2,000 7,000 6,000 6,000 9,000 3,000 9,000 5,000 2,000 10,000 7,000 10,000 7,000 6,000

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

Professor Bowdidge taught four Business Statistics classes during the fall semester with the following grade averages for each class. Calculate the mean (round to the nearest hundredth): 82%, 86%, 91%, and 74%

Match the following terms with their definitions. -Mode

Prepare a frequency table for the books produced for the first 20 days in January. 600 800 900 100 300 900 200 800 900 600 1,000 400 600 800 700 300 500 500 600 900

Janet's Bake Shop produced the following number of oat bran muffins each week for the first 10 weeks. Prepare a bar graph. Week \# Muffins 1 450 2 300 3 600 4 800 5 850 6 300 7 100 8 900 9 1,000 10 700

To avoid distortion of extreme values, a good indicator would be the:

Calculating one's grade point average is an example of using the median.

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

Prepare a frequency distribution of the following data, showing the number of popsicles produced: 1,000 8,000 4,000 6,000 5,000 6,000 2,000 7,000 6,000 6,000 9,000 3,000 9,000 5,000 2,000 10,000 7,000 10,000 7,000 6,000

Kathleen sold chemicals for DuPont with the following sales results. Calculate the weighted mean. Value Frequency \ 177.16 7 \ 37.25 2 \ 78.00 3 \ 150.00 2

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

Calculate the mode from the following: 71, 3, 13, 33, 3, 71, 14, 33, 13, 33

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

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

Whole Numbers: How to Dissect and Solve Word Problems

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