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MGT 512 Quiz 2 | Questions and Answers

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MGT 512 Quiz 2 | Questions and Answers The data on the time taken by 10 students in a class to complete an exam is an example of what type of data? Quantitative data _____ are collected from several entities at the same point in time. Cross-sectional data When working with large spreadsheets with many rows of data, it can be helpful to _____ the data to better find, view, or manage subsets of data. Sort and Filter Data collected from several entities over a period of time (minutes, hours, days, etc.) are called... time series data The letter grades of business analysis students is recorded by the professor (4=A, 3=B, 2=C, 1=D). This variable's classification is categorical data The data collected from the customers in restaurants about the quality of food is an exampled of a(n) observational study A summary of data that show the number of observations in each of several non-overlapping bins is called a(n) frequency distribution Which of the following gives the proportion of items in each bin? Relative frequency Which of the following are necessary to be determined to define the classes for a frequency distribution with quantitative data? Number of nonoverlappping bins, width of each bin, and bin limits A ___ is a graphical summary of data previously summarized in a frequency distribution. Histogram A sample of 13 adult males' eights are listed below. 70, 27, 71, 70, 69, 73, 69, 68, 70, 71, 67, 71, 74 Find the range of the data. 7 Find the relative frequency of group 4, given that group 1 = 0.15, group 2 = 0.32, and group 3 = 0.29. 0.24 To total samples size is 40. If the relative frequency group 4 is .24, but is the frequency of group 4. 96 Compute the geometric mean of the following data on growth factors of an invest for 10 years. 1.10, 0.50, 0.70, 1.21, 1.12, 1.16, 1.11, 1.13, 1.22 1.0148 Consider a sample of the waiting times (in minutes at the billing counter in a grocery store to be 15, 24, 18, 15, 21, 20, 15, 22, 19, 16, 15, 22, 20, 15 and 21. Compute the median. 19 What is the mode of the data set given below. 35, 47, 65, 47, 22 47 The ----- is a point estimate of the population mean for the variable of interest. Sample mean Use technology to compute the standard deviation for the following sample data. 32, 41, 36, 24, 29, 30, 40, 22, 25, 37 6.75 The variance is based on the deviation about the mean. The simplest measure of variability is the Range Compute the coefficient of variation for the following sample data. 32, 41, 36, 24, 29, 30, 40, 22, 25, 37 21.36% The variance is based on the deviation about the mean The simplest measure of variability is the Range The difference between the largest and the smallest data values is the Range The difference in a variable measure over observations (time, customers, items, etc) is known as Variation In a(n) ___, one or more variables are identified and controlled or manipulated so that the data can be obtained about how they influence the variable of interest identified first. experimental study Consider the data below. What percentage of students scored grade C? A = 16 B = 28 C = 33 D = 13 Total = 90 37% Compute the relative frequencies for students who earned an A shown in the table of grades below. A = 10 B = 31 C = 36 D = 6 Total = 83 0.12 Compute the relative frequencies for the data given in the table below: A = 16 B = 28 C = 33 D = 13 Total = 90 0.18, 0.31, 0.37, 0.14 Compute the median of the following data. 32, 41, 36, 24, 29, 30, 40, 22, 25, 37

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MGT 512 Quiz 2



The data on the time taken by 10 students in a class to complete an exam is an
example of what type of data?
Quantitative data

_____ are collected from several entities at the same point in time.
Cross-sectional data

When working with large spreadsheets with many rows of data, it can be helpful to
_____ the data to better find, view, or manage subsets of data.
Sort and Filter

Data collected from several entities over a period of time (minutes, hours, days, etc.)
are called...
time series data

The letter grades of business analysis students is recorded by the professor (4=A, 3=B,
2=C, 1=D). This variable's classification
is categorical data

The data collected from the customers in restaurants about the quality of food is an
exampled of a(n)
observational study

A summary of data that show the number of observations in each of several non-
overlapping bins is called a(n)
frequency distribution

Which of the following gives the proportion of items in each bin?
Relative frequency

Which of the following are necessary to be determined to define the classes for a
frequency distribution with quantitative data?
Number of nonoverlappping bins, width of each bin, and bin limits

A ___ is a graphical summary of data previously summarized in a frequency distribution.
Histogram

A sample of 13 adult males' eights are listed below.

70, 27, 71, 70, 69, 73, 69, 68, 70, 71, 67, 71, 74

, Find the range of the data.
7

Find the relative frequency of group 4, given that group 1 = 0.15, group 2 = 0.32, and
group 3 = 0.29.
0.24

To total samples size is 40. If the relative frequency group 4 is .24, but is the frequency
of group 4.
96

Compute the geometric mean of the following data on growth factors of an invest for 10
years.

1.10, 0.50, 0.70, 1.21, 1.12, 1.16, 1.11, 1.13, 1.22
1.0148

Consider a sample of the waiting times (in minutes at the billing counter in a grocery
store to be 15, 24, 18, 15, 21, 20, 15, 22, 19, 16, 15, 22, 20, 15 and 21. Compute the
median.
19

What is the mode of the data set given below.

35, 47, 65, 47, 22
47

The ----- is a point estimate of the population mean for the variable of interest.
Sample mean

Use technology to compute the standard deviation for the following sample data.

32, 41, 36, 24, 29, 30, 40, 22, 25, 37
6.75

The variance is based on the
deviation about the mean.

The simplest measure of variability is the
Range

Compute the coefficient of variation for the following sample data.

32, 41, 36, 24, 29, 30, 40, 22, 25, 37
21.36%

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