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Statistics for Business and Economics Study Set 4
Quiz 2: Methods for Describing Sets of Data
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Question 121
Multiple Choice
When Scholastic Achievement Test scores (SATs) are sent to test-takers, the percentiles associated with scores are also given. Suppose a test-taker scored at the 87th percentile on the verbal part of the test and at the 14th percentile on the quantitative part. Interpret these results.
Question 122
Multiple Choice
Fill in the blank. __________ gives us a method of interpreting the standard deviation of any data set, regardless of the shape of the distribution.
Question 123
Multiple Choice
The distribution of salaries of professional basketball players is skewed to the right. Which measure of central tendency would be the best measure to determine the location of the center of the distribution?