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Statistics
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Business Statistics Study Set 1
Quiz 2: Organizing and Visualizing Variables
Path 4
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Question 21
Multiple Choice
You have collected data on the number of U.S.households actively using online banking and/or online bill payment over a 10-year period.Which of the following is the best for presenting the data?
Question 22
Multiple Choice
SCENARIO 2-6 A sample of 200 students at a Big-Ten university was taken after the midterm to ask them whether they went bar hopping the weekend before the midterm or spent the weekend studying, and whether they did well or poorly on the midterm.The following table contains the result.
Did Well in Midterm
Did Poorly in Midterm
Studying for Exam
80
20
Went Bar Hopping
30
70
\begin{array} { | l | l | l | } \hline & \text { Did Well in Midterm } & \text { Did Poorly in Midterm } \\\hline \text { Studying for Exam } & 80 & 20 \\\hline \text { Went Bar Hopping } & 30 & 70 \\\hline\end{array}
Studying for Exam
Went Bar Hopping
Did Well in Midterm
80
30
Did Poorly in Midterm
20
70
-Referring to Scenario 2-6, of those who went bar hopping the weekend before the midterm in the sample, percent of them did well on the midterm.
Question 23
Multiple Choice
SCENARIO 2-5 The following are the duration in minutes of a sample of long-distance phone calls made within the continental United States reported by one long-distance carrier.
Time(inMinutes)
Relative
Frequency
0
but less than
5
0.37
5
but less than
10
0.22
10
but less than
15
0.15
15
but less than
20
0.10
20
but less than
25
0.07
25
but less than
30
0.07
30
or more
0.02
\begin{array} { l c } \text { Time(inMinutes) } & \begin{array} { c } \text { Relative } \\\text { Frequency }\end{array} \\\hline 0 \text { but less than } 5 & 0.37 \\5 \text { but less than } 10 & 0.22 \\10 \text { but less than } 15 & 0.15 \\15 \text { but less than } 20 & 0.10 \\20 \text { but less than } 25 & 0.07 \\25 \text { but less than } 30 & 0.07 \\30 \text { or more } & 0.02\end{array}
Time(inMinutes)
0
but less than
5
5
but less than
10
10
but less than
15
15
but less than
20
20
but less than
25
25
but less than
30
30
or more
Relative
Frequency
0.37
0.22
0.15
0.10
0.07
0.07
0.02
-Referring to Scenario 2-5, if 100 calls were sampled, of them would have lasted less than 5 minutes or at least 30 minutes or more.
Question 24
Multiple Choice
You have collected data on the responses to two questions asked in a survey of 40 college students majoring in business-What is your gender (Male = M; Female = F) and What is your major (Accountancy = A; Computer Information Systems = C; Marketing = M) .Which of the following is the best for presenting the data?
Question 25
Multiple Choice
One of the developing countries is experiencing a baby boom, with the number of births rising for the fifth year in a row, according to a BBC News report.Which of the following is best for displaying this data?