Business Analytics Exam test quiz
and answers graded A+
The example in chapter 2 about Colgate-Palmolive company focuses on what? - ANS✅✅product
density
The sum of frequencies for all classes will always equal - ANS✅✅the number of elements in a data
set
A frequency distribution is a tabular summary of data showing the - ANS✅✅number of items in
several classes
The relative frequency of a class is computed by - ANS✅✅dividing the frequency of the class by
the sample size
the sums of the relative frequencies for all classes will always equal - ANS✅✅one
the percent frequencies of class is computed by - ANS✅✅multiplying the relative frequency by 100
the sum of the percent frequencies for all classes will always equal - ANS✅✅100
15% of the studenst in a school of business administration are majoring in economics 20% in finance,
35% in management, and 30% in accounting. The graphical device(s) which can be used to present
these data is (are) - ANS✅✅pie chart and bar graph
if several frequency distributions are constructed from the same data set the distribution with the
widest class width will have the - ANS✅✅fewest classes (the wider the classes the less classes you
will have)
the most common graphical presentation of quantitative data is the - ANS✅✅histogram
a histogram is said to be skewed to the left if it has a - ANS✅✅longer tail to the left than to the
right
and answers graded A+
The example in chapter 2 about Colgate-Palmolive company focuses on what? - ANS✅✅product
density
The sum of frequencies for all classes will always equal - ANS✅✅the number of elements in a data
set
A frequency distribution is a tabular summary of data showing the - ANS✅✅number of items in
several classes
The relative frequency of a class is computed by - ANS✅✅dividing the frequency of the class by
the sample size
the sums of the relative frequencies for all classes will always equal - ANS✅✅one
the percent frequencies of class is computed by - ANS✅✅multiplying the relative frequency by 100
the sum of the percent frequencies for all classes will always equal - ANS✅✅100
15% of the studenst in a school of business administration are majoring in economics 20% in finance,
35% in management, and 30% in accounting. The graphical device(s) which can be used to present
these data is (are) - ANS✅✅pie chart and bar graph
if several frequency distributions are constructed from the same data set the distribution with the
widest class width will have the - ANS✅✅fewest classes (the wider the classes the less classes you
will have)
the most common graphical presentation of quantitative data is the - ANS✅✅histogram
a histogram is said to be skewed to the left if it has a - ANS✅✅longer tail to the left than to the
right
