Business Statistics - Test Bank
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Chapter 3: Displaying and Describing Quantitative Data – Quiz A Name_________________________ 
3.1.1 Find summary statistics; create displays; describe distributions; determine appropriate measures. 
1. Following is a histogram of salaries (in $) for a sample of U.S. marketing managers. Comment on the shape of the distribution. 
 12 10 8 6 4 2 0 
60000 
 
Mktg Manager Salaries 
120000 
Histogram of Mktg Manager Salaries 
 3.7.1 Find summary statistics; create displays; des...
File: ch03, Chapter 3: Descriptive Statistics 
 
 
 
True/False 
 
 
1. Statistical measures used to yield information about the center or the middle parts of a group of numbers are called the measures of central tendency. 
Ans: True 
Response: See section 3.1 Measures of Central Tendency: Ungrouped Data 
Difficulty: Easy 
Learning Objective: 3.1: Apply various measures of central tendency—including the mean, median, and mode—to a set of ungrouped data. 
 
 
2. The most appropriate measure ...
Chapter 03 Test Bank - Static KEY 
 
1. 	The median is the measure of central tendency that divides a population or sample into four equal parts. 
FALSE 
The median divides a population into two equal parts. 
AACSB: Reflective Thinking 
Blooms: Remember 
Difficulty: 1 Easy 
Learning Objective: 03-01 Compute and interpret the mean, median, and mode. 
Topic: Describing Central Tendency 
 
2. 	The population mean is the average of the population measurements. 
TRUE 
AACSB: Reflective Thinking 
B...