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1 A store manager tracks the number of customer complaints each week.
The
following data reflect a random sample of ten weeks. The range for these data
is ?
2 The variance for these data is ?
3 The standard deviation for these data is?
4 The interquartile range contains the middle 50 percent of a data set.? T/F
5 For a given set of data, if the data are treated as a population, the calculated
standard deviation will be less than it would be had the data been treated as a
sample. T/F
6 If a population standard deviation is computed to be 345, it will almost

always be the case that a standard deviation computed from a random sample
from that population will be larger than 345. T/F
7 The advantage of using the interquartile range as a measure of variation is

that it utilizes all the data in its computation.
8 Suppose the standard deviation for a given sample is known to be 20. If the
data in the sample are doubled, the standard deviation will be 40.
9 Populations with larger means will also have larger standard deviations since
the data will be more spread out for populations with larger means.
10 In comparing two distributions with the same mean, the coefficient of

variation is the only way to assess which distribution has the greatest relative
variability.
11Consider a situation involving two populations where population 1 is known

to have a higher coefficient of variation than population 2. In this situation, we
know that population 1 has a higher standard deviation than population 2.
12Acme Taxi has two taxi cabs. The manager tracks the daily revenue for each
cab. Over the past 20 days, Cab A has averaged $76.00 per night with a
standard deviation equal to $11.00. Cab B has averaged $200.00 per night with
a standard deviation of $18.00. Based on this information, Cab B has the
greatest relative variation.
13 Acme Taxi has two taxi cabs. The manager tracks the daily revenue for each
cab. Over the past 20 days, Cab A has averaged $76.00 per night with a
standard deviation equal to $11.00. Cab B has averaged $200.00 per night with
a standard deviation of $18.00. Based on this information, the coefficient of
variation for Cab B is 9 percent.
14 Based on the empirical rule we can assume that all bell-shaped distributions
have approximately 95 percent of the values within ± 2 standard deviations of
the mean.
15 Suppose a distribution has a mean of 80 and standard deviation of 10. It is

found that 84 percent of the values in the data set lie between 70 and 90. This
implies that the distribution is not bell-shaped.
16The credit card balances for customers at State Bank and Trust has a mean
equal to $800 and a standard deviation equal to $60.00. Kevin Smith's balance
is $1,352. Based on this, his standardized value is 9.20.
17 Based on the empirical rule we can expect about 95 percent of the values in
bell-shaped distributions to be within ± one standard deviation of the mean.
18 A major automobile maker has two models of sedans. The first model has
been shown to get an average of 27 mpg on the highway with a standard
deviation equal to 5 mpg. The second model gets 33 mpg on average with a
standard deviation of 8 mpg. Based on this information the first car model is
relatively more variable than the second car model.
19 The distribution of bankcard balances for customers is highly right-skewed

with a mean of $1,100 and a standard deviation equal to $250. Based on this
information, approximately 68 percent of the customers will have bank
balances between $850 and $1,350.
20 The distribution of dollars paid for car insurance by car owners in a major
east coast city is bell-shaped with a mean equal to $750 every six months and
a standard deviation equal to $100. Based on this information we should use
Tchebysheff's theorem to determine the conservative percentage of car
owners that will pay between $550 and $950 for car insurance.
21 A population measure, such as the population mean, is called a:
22If a business manager selected a sample of customers and computed the

mean income for this sample of customers, she has computed:
23 Which of the following statements is true?
24 The most frequently used measure of central tendency is:

25Consider the following sample data: For these data the sample mean is
26 Consider the following sample data: For these data the median is:
27 A small company has 7 employees. The numbers of years these employees

have worked for this company are shown as follows: Based upon this
information, the mean number of years that employees have been with this
company is:
28 A small company has 7 employees. The numbers of years these employees
have worked for this company are shown as follows: Based upon this
information, the median number of years that employees have been with this
company is
29 Based upon this information, the mode number of years that employees
have been with this company is:
30 A sample of people who have attended a college football game at your

university has a mean = 3.2 members in their family. The mode number of
family members is 2 and the median number is 2.0. Based on this information:
31 A major retail store has studied customer behavior and found that the
distribution of time customers spend in a store per visit is symmetric with a
mean equal to 17.3 minutes. Based on this information, which of the following
is true?
32 A large retail company gives an employment screening test to all

prospective employees. Franklin Gilman recently took the test and it was
reported back to him that his score placed him at the 80th percentile.
Therefore:
33A large retail company gives an employment screening test to all

prospective employees. If a prospective employee receives a report saying that
she scored at the 40th percentile:
34 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?
35 If a data set has 1,133 sorted values, what value corresponds to the 3rd
quartile?
36 At a sawmill in Oregon, a process improvement team measured the

diameters for a sample of 1,500 logs. The following summary statistics were
computed: Given this information, the boundaries on the box in a box and
whisker plot are:
computed: Given this information, in a box and whisker plot, which of these
four values will NOT appear?

computed: Given this information, which of the following statements is
correct?

computed: Given this information, for a box and whisker plot which of the
following statements is appropriate?
40 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?
41The box and whisker plot CANNOT be used to identify:
42For ordinal data, ________ is the preferred measure of central location.

43 Which of the following is the most frequently used measure of variation?
44Which of the following measures is not affected by extreme values in the

data?
45 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?
these data, what is the variance?
these data, what is the interquartile range?
48 The advantage of using the interquartile range versus the range as a
measure of variation is:
49 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?
50 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. Assume that this same exact
pattern of data were replicated for the next ten days. How would this affect
the standard deviation for the new population with 20 items?

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1 A store manager tracks the number of customer complaints each week.

2 The variance for these data is ?

3 The standard deviation for these data is?

6 If a population standard deviation is computed to be 345, it will almost

7 The advantage of using the interquartile range as a measure of variation is

10 In comparing two distributions with the same mean, the coefficient of

11Consider a situation involving two populations where population 1 is known

15 Suppose a distribution has a mean of 80 and standard deviation of 10. It is

19 The distribution of bankcard balances for customers is highly right-skewed

22If a business manager selected a sample of customers and computed the

23 Which of the following statements is true?

24 The most frequently used measure of central tendency is:

27 A small company has 7 employees. The numbers of years these employees

30 A sample of people who have attended a college football game at your

32 A large retail company gives an employment screening test to all

33A large retail company gives an employment screening test to all

36 At a sawmill in Oregon, a process improvement team measured the

38 At a sawmill in Oregon, a process improvement team measured the

39 At a sawmill in Oregon, a process improvement team measured the

40 If a distribution for a quantitative variable is thought to be nearly symmetric

41The box and whisker plot CANNOT be used to identify:

42For ordinal data, ________ is the preferred measure of central location.

44Which of the following measures is not affected by extreme values in the

49 The following data reflect the number of customers who return

50 The following data reflect the number of customers who return

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