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Business Statistics Study Set 1
Quiz 3: Descriptive Statistics
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Question 21
True/False
A box and whisker plot is determined from the mean,the smallest and the largest values,and the lower and upper quartile.
Question 22
Multiple Choice
According to Chebyshev's Theorem how many values in a data set will be within 3 standard deviations of the mean?
Question 23
Multiple Choice
A sample was taken of the salaries of four employees from a large company.The following are their salaries (in thousands of dollars) for this year: 33,36,41,and 47.The variance of their salaries is approximately
Question 24
Multiple Choice
A commuter travels many miles 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 mean time (in minutes) required for this trip was _______.
Question 25
Multiple Choice
The number of standard deviations that a value (x) is above or below the mean is the _________________.
Question 26
Multiple Choice
A statistics student made the following grades on 7 tests: 76,82,92,95,79,86,and 92. What is the median grade?
Question 27
Multiple Choice
A commuter travels many miles 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 38,33,36,47,and 41. What is the variance for this sample data?