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Exam (elaborations)

WPC 300 EXAM 2 QUESTIONS WITH 100% CORRECT SOLUTIONS, PASSED!!

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WPC 300 EXAM 2 QUESTIONS WITH 100% CORRECT SOLUTIONS, PASSED!!

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WPC 300
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Institution
WPC 300
Course
WPC 300

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Uploaded on
November 9, 2025
Number of pages
9
Written in
2025/2026
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WPC 300 EXAM 2 QUESTIONS WITH 100% CORRECT
SOLUTIONS, PASSED!!




The ______ is the observation that occurs most frequently. Answer - mode


Which of the following is an example of a measure of dispersion? Answer -
variance


For a normal distribution mean is ____ to median. Answer - equal


Which of the following describes a positively skewed histogram? Answer - a
histogram that tails off towards the right


According to statistical notation, what does ∑ stand for? Answer - to act as a
summation operator


Standard deviation of a normal data distribution is a _____. Answer - measure
of data dispersion


When two variable are highly positively correlated, the correlation coefficient
will be _____. Answer - close to 1


Which of the following is true for a median? Answer - For an even number of
observations, the median is the mean of the two middle numbers.

, The difference between the first and third quartiles is referred to as the ____.
Answer - interquartile range


Which of the following is an example for a sample? Answer - The number of IT
employees out of all employees working in an office of Google.


You are collecting data via an online survey to improve education standard at
ASU. Which of the following methods will not result in data collection bias?
Answer - Anonymously data collection by hiding ASU brand in the survey
question.


Which of the following proposition describes an existing theory or belief?
Answer - Null hypothesis


Which of the following is a Type-I error? Answer - The null hypothesis is
actually true, but the hypothesis test incorrectly rejects it.


What is the confidence interval when the level of significance is 0.07? Answer -
0.930


The central limit theorem states that if the population is normally distributed,
then the Answer - sampling distribution of the mean will also be normal for
any sample size


The WPC Sports Company has noted that the size of individual "customer
order" is normally distributed with a mean of $100 and standard deviation of
$12. If a soccer team of 16 players were to make the next batch of orders, what
would be the standard error of the mean? Answer - 3 (12/sqrt(16)=12/4=3)

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