Exam 3: Descriptive Statistics

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The sample standard deviation is calculated by taking the square root of the population standard deviation.

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The ages of ten seniors are 71, 68, 75, 68, 62, 80, 73, 68, 67, 70. The 90th percentile is

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Liz Chapa manages a portfolio of 250 common stocks. Her staff compiled the following performance statistics for two new stocks: Liz Chapa manages a portfolio of 250 common stocks. Her staff compiled the following performance statistics for two new stocks:   The coefficient of variation for Salas Products, Inc. is ___. The coefficient of variation for Salas Products, Inc. is ___.

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Statistical measures used to yield information about the centre or the middle parts of a group of numbers are called the measures of central tendency.

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___ are used to describe the data set.

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Quantiles can be used with ___ data only.

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Skewness and kurtosis of a data set are measures of the shape of the distribution.

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One of the main uses of a box and whisker plot is to identify outliers.

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Data values outside the fences in a distribution using a box and whisker plot are ___.

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Consider the following data: 0, 2, 4, 6, 11, 12, 13. The first (Q1) and third (Q3) quartiles are

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A statistics student made the following grades on five tests: 84, 78, 88, 78, and 82. What is the mode?

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A statistics student made the following grades on five tests: 84, 78, 88, 78, and 72. What is the mean grade?

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You do  not \textbf{ not } need to highlight the data in Excel to use it for your analysis.

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The following box and whisker plot was constructed for the age of accounts receivable: The following box and whisker plot was constructed for the age of accounts receivable:   The box and whisker plot reveals that the accounts receivable ages are ___. The box and whisker plot reveals that the accounts receivable ages are ___.

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A box and whisker plot is determined from the mean, the smallest and the largest values, and the lower and upper quartile.

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A commuter travels many kilometres to work each morning. She has timed this trip 5 times during the last month. The time (in minutes) required to make this trip was 34, 39, 41, 35, and 41. The modal time required for this trip was ___.

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A nonzero value of the skewness indicates asymmetry of the distribution of the data.

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The sum of the squared deviations from the arithmetic mean, divided by the sample size minus one is called the sample variance.

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Box and whisker plots  cannot \textbf{ cannot } be generated in Excel.

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The spread or dispersion of a set of data is called

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