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Statistics
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Statistics for Management and Economics
Quiz 4: Numerical Descriptive Techniques
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Question 81
Multiple Choice
The smaller the spread of scores around the mean:
Question 82
True/False
A population with 200 elements has a variance of 20.From this information,it can be shown that the population standard deviation is 10.
Question 83
True/False
If two data sets have the same standard deviation,they must have the same coefficient of variation.
Question 84
True/False
The Empirical Rule states that the percentage of observations in a data set (providing that the data set is bell shaped)that fall within one standard deviation of their mean is approximately 75%.
Question 85
Multiple Choice
Which of the following is a measure of variability?
Question 86
True/False
If two data sets have the same range,the distances from the smallest to largest observations in both sets will be the same.
Question 87
True/False
The coefficient of variation allows us to compare two sets of data based on different measurement units.
Question 88
True/False
The units for the variance are the same as the units for the original data (for example,feet,inches,etc.).
Question 89
Multiple Choice
Chebysheff's Theorem states that the percentage of measurements in a data set that fall within three standard deviations of their mean is:
Question 90
True/False
The variance is more meaningful and easier to interpret compared to the standard deviation.
Question 91
True/False
The range is considered the weakest measure of variability.
Question 92
True/False
The coefficient of variation is a measure of variability.
Question 93
True/False
If the observations are in the millions,a standard deviation of 10 would be considered small.If the observations are all less than 50,a standard deviation of 10 would be considered large.
Question 94
True/False
The units for the standard deviation are the same as the units for the original data (for example,feet,inches,etc.).
Question 95
Multiple Choice
The Empirical Rule states that the approximate percentage of measurements in a data set (providing that the data set has a bell shaped distribution) that fall within two standard deviations of their mean is approximately: