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Business Statistics Study Set 1
Quiz 3: Describing Data Using Numerical Measures
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Question 81
Multiple Choice
The following data reflect the number of customers who test drove new cars each day for a sample of 20 days at the Redfield Ford Dealership.
Given these data, what is the range?
Question 82
Multiple Choice
If a data set has 740 values that have been sorted from low to high, which value in the data set will be the 20th percentile?
Question 83
Multiple Choice
The following data reflect the number of customers who return merchandise for a refund on Monday. Note these data reflect the population of all 10 Mondays for which data are available.
Based on these data, what is the standard deviation?
Question 84
Multiple Choice
Which of the following measures is not affected by extreme values in the data?
Question 85
Multiple Choice
If a distribution for a quantitative variable is thought to be nearly symmetric with very little variation, and a box and whisker plot is created for this distribution, which of the following is true?