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Statistics
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Business Statistics
Exam 2: Graphs,Charts and Tablesdescribing Your Data
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Question 121
True/False
After developing a frequency distribution for a quantitative variable,a histogram can be developed with the horizontal axis representing the values of the variable and the vertical axis representing the frequency of occurrence in each class or group.
Question 122
True/False
There is no hard-and-fast rule regarding the number of classes that must be used when establishing a frequency distribution for a continuous variable.
Question 123
True/False
Consider a situation in which both a frequency distribution and a relative frequency distribution have been developed for the same quantitative variable.If histograms are constructed from each distribution,the graphs will appear to have the same shape.
Question 124
True/False
In constructing a stem and leaf diagram,there is a hard-and-fast rule for defining the stem and the leaves.
Question 125
True/False
Once you have determined the class width using the formula,high-low divided by the number of classes,it is appropriate to round to the nearest integer to make the analysis easier.
Question 126
True/False
An ogive is a graph of a joint frequency distribution.
Question 127
Multiple Choice
Which of the following CANNOT be shown effectively with a histogram?
Question 128
True/False
The difference between bar charts and histograms is that bar charts always show percentage while histograms always show frequency.
Question 129
Multiple Choice
One of the advantages that a stem and leaf diagram has over a histogram is:
Question 130
True/False
On a scatter diagram,the independent variable should be placed on the horizontal axis and the dependent variable should be placed on the vertical axis.
Question 131
True/False
Sawyer & Company is a law firm in Dallas,Texas.Recently,the administrative manager prepared a report for the managing partners that showed the number of court cases handled by the firm monthly over the past three years.One of the objectives of graphing these data might have been to identify a trend in the number of court cases.
Question 132
Multiple Choice
When using Excel's Histogram option under the Data Analysis tool,the term bins refers to:
Question 133
Multiple Choice
A stem and leaf diagram is used to:
Question 134
True/False
A histogram can be constructed for data that are either quantitative or qualitative.
Question 135
True/False
A study of 4000 Dell PC customers listed the age of the customer among other variables.The youngest customer was 14 years old and the oldest customer was 84 years old.If analysts for the company wish to develop a frequency distribution with 7 classes,the smallest value that the class width can be is 10 years.
Question 136
Short Answer
A company has 400 employees.The manager of human resources has recorded the annual salary and wages for each employee.These value range from $17,500 to $67,800.Provide an example of a stem and a leaf that could be developed to describe the distribution of the salary and wage data.
Question 137
True/False
When choosing class boundaries for a frequency distribution,classes such as 60-70,70-80,80-90 would be acceptable.
Question 138
True/False
A recent study of students at the university contained data on year in school and student age.An appropriate tool for analyzing the relationship between these two variables would be a joint frequency distribution.