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A CFO is looking at the percentage of a company's resources are spent on computing.The CFO samples companies in the pharmaceutical industry and developed the following stem-and-leaf display. 526962555689997112245577898001222458902455679101556111371213255\begin{array} { l l } 5 & 269 \\6 & 255568999 \\7 & 11224557789 \\8 & 001222458 \\9 & 02455679 \\10 & 1556 \\11 & 137 \\12 & \\13 & 255\end{array} -What is the approximate shape of the distribution of the data?

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Quality control is an important issue at ACME Company which manufacturers light bulbs. In order to conduct testing of the life hours of their light bulbs, they randomly sampled nine light bulbs and measured how many hours they lasted. 378, 361, 350, 375, 200, 391, 375, 368, 321 -What is the mean?


A) 375
B) 368
C) 389.9
D) 200
E) 346.6

F) A) and E)
G) All of the above

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In a rating of the satisfaction with their instructor, 13 students gave the following scores from a scale of 1 to 5: 3, 2, 1, 1, 5, 5, 4, 3, 3, 2, 4, 3, 3 -What is the median?


A) 3
B) 5
C) 2
D) 4
E) 3.25

F) A) and D)
G) A) and E)

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The local amusement park was interested in the average wait time at their most popular roller coaster at the peak park time (2 p.m.) . They selected 13 patrons and had them get in line between 2 and 3 p.m. Each was given a stop watch to record the time they spent in line. The times recorded were as follows (in minutes) 118, 124, 108, 116, 99, 120, 148, 118, 119, 121, 45, 130, 118 -What is the third quartile?


A) 100.8
B) 119.8
C) 128.8
D) 112
E) 121

F) C) and D)
G) C) and E)

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The reaction time in seconds to a stop light of a group of adult men were found to be 0.74, 0.71, 0.41, 0.82, 0.74, 0.85, 0.99, 0.71, 0.57, 0.85, 0.57, 0.55 -What is the mean?


A) 0.709
B) 0.710
C) 0.920
D) 0.725
E) 0.550

F) A) and B)
G) C) and D)

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Twenty students were randomly selected from a business statistics course and were asked to report the number of times that they had eaten a meal at the university's cafeteria within the past month. Below are the values reported: 7, 8, 10, 11, 8, 6, 10, 9, 9, 8, 13, 12, 8, 11, 11, 14, 8, 7, 10, 12 -What are the inner fences?


A) 17,20
B) 3.5,15.5
C) 12.5,15.5
D) -1,20
E) 4.5,9.0

F) B) and D)
G) A) and B)

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The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. A random sample of the price of 10 computers was taken with the following results: $3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000 -What is the mode?


A) 3447
B) 3213
C) 3250
D) 6120
E) 3445

F) C) and D)
G) D) and E)

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All of the following can be used to describe quantitative data with the exception of a _____.


A) histogram
B) stem-and-leaf display
C) dot plot
D) pie chart
E) scatter plot

F) A) and E)
G) A) and B)

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A normal population has 99.73 percent of the population measurements within _____ standard deviations of the mean.


A) one
B) two
C) three
D) four
E) five

F) All of the above
G) A) and D)

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In a rating of the satisfaction with their instructor, 13 students gave the following scores from a scale of 1 to 5; 3, 2, 1, 1, 5, 5, 4, 3, 3, 2, 4, 3, 3 -What are the outer fences?


A) -1,7
B) -4,10
C) 5,7
D) 8,10
E) 3,6

F) A) and D)
G) B) and C)

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The sample mean for the above frequency table is calculated as 36.25.Calculate the (approximate)sample variance and standard deviation for this data set.

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184.1493 a...

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Twenty students were randomly selected from the most recent graduating class at a Canadian university. The number of semesters they were enrolled was calculated (mean = 9.6) 7, 8, 10, 11, 8, 6, 10, 9, 9, 8, 13, 12, 8, 11, 11, 14, 8, 7, 10, 12 -What is the standard deviation?


A) 8
B) 2.162
C) 9.5
D) 4.674
E) 21.846

F) D) and E)
G) C) and E)

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For a bell-shaped distribution,score x would be considered an outlier if:


A) x = 15,mean = 20,standard deviation = 3
B) x = 15,mean = 50,standard deviation = 30
C) x = 15,mean = 25,standard deviation = 5
D) x = 15,mean = 10,standard deviation = 100
E) x = 15,mean = 50,standard deviation = 10

F) C) and D)
G) B) and C)

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A histogram that tails out towards smaller values is skewed _____.

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negatively...

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The reaction time (in seconds) to a stop at a red light for a group of adult men was found to be 0.74, 0.71, 0.41, 0.82, 0.74, 0.85, 0.99, 0.71, 0.57, 0.85, 0.57, 0.55 -What is the third quartile?


A) 0.752
B) 0.552
C) 0.85
D) 0.835
E) 0.57

F) All of the above
G) B) and C)

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If there are 30 values in a data set,how many classes should be created for a frequency histogram?


A) 4
B) 5
C) 6
D) 7
E) 8

F) C) and D)
G) A) and B)

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When developing a frequency distribution,the class intervals should be ___________.


A) large.
B) small.
C) different lengths.
D) mutually exclusive.
E) of equal length.

F) B) and C)
G) A) and B)

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In a statistic class, 10 scores were randomly selected with the following results were obtained (mean = 71.5) : 74, 73, 77, 77, 71, 68, 65, 77, 67, 66 -What is the range?


A) 22.72
B) 12.00
C) 4.77
D) 516.20
E) 144.00

F) None of the above
G) C) and D)

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If a frequency histogram were to be created using these data,how many classes would you create?

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The following table shows the annual percentage growth rate for a Stereo equipment manufacturing company between 1998 and 2002.The of the P/E ratios are also calculated and given below:

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blured image
Calculat...

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