Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 2 out of 11 pages
Exam (elaborations)

QMB 3200 Final (Latest 2026 / 2027) Complete Questions and 100% Correct Answers (Verified Pass)

Document preview thumbnail
Preview 2 out of 11 pages

QMB 3200 Final (Latest 2026 / 2027) Complete Questions and 100% Correct Answers (Verified Pass)

Content preview

QMB 3200 Final (Latest )
Complete Questions and 100% Correct
Answers (Verified Pass)
• Suppose we have the following data: 12, 17, 13, 25, 16, 21, 30, 14, 16, and 18. To find
the 10% trimmed mean, what numbers should be deleted from the calculation? -✓✓12
and 30

• Which of the following is not resistant to the outliers in a data set?
a. Median
b. Mean
c. Variance
d. Interquartile range -✓✓b. mean

• The pth percentile is a value such that at least p percent of the observations are: -
✓✓less than or equal to this value.

• Which of the following provides a measure of central location for the data?
a. Mean
b. Variance
c. Mode
d. Standard deviation -✓✓a. mean

• When testing water for chemical impurities, results are often reported as BDL, that is,
below detection limit. The following data set gives the measurements of the amount of
lead in a series of water samples taken from inner-city households (ppm):

5, 7, 12, BDL, 10, 8, BDL, 20, 6
Which of the following is correct?
a. The mean lead level in the water is about 10 ppm.
b. The median lead level in the water is 8 ppm.
c. The mean lead level in the water is about 8 ppm.
d. The median lead level in the water is 7 ppm. -✓✓d. The median lead level in the
water is 7 ppm.

• A student made scores of 85, 56, and 91 on her first three statistics tests. What score
does she need to make on her next test to have an 80 test average? -✓✓88

• Growth factors for the population of Dallas in the past five years have been 1, 2, 3, 4,
and 5, respectively. The geometric mean is: -✓✓^5square root 120

• A sample of 99 distances has a mean of 24 feet and a median of 21.5 feet.
Unfortunately, it has just been discovered that an observation that was erroneously

, recorded as "30" actually had a value of "35." If we make this correction to the data,
then: -✓✓the median remains the same, but the mean is increased.

• A numerical value used as a summary measure for a sample, such as sample mean,
is known as a: -✓✓sample statistic.

• The measure of location that is most likely to be influenced by extreme values in a
data set is the: -✓✓mean

• A student was performing an experiment that compared a new high protein food to the
old food for pigs. He found the mean weight gain for subjects consuming the new food
to be 12.8 pounds with a standard deviation of 3.5 pounds. Later, he realized that the
scale was out of calibration by 1.5 pounds (meaning that the scale weighed items 1.5
pounds more). What should be the summary measures, mean and standard deviation,
for the subjects consuming the new food? -✓✓The mean should be 11.3 and the
standard deviation should remain unchanged.

• When a set of data has suspect outliers, which of the following is the referred measure
of central tendency? -✓✓median

• In a sample of 500 students whose mean height is 67.8 inches, 150 were women. If
the mean height of the women was 63.0 inches, what is the mean height of the men in
the sample? -✓✓69.9

• The coefficient of variation formula -✓✓the standard deviation divided by the mean
and multiplied by 100.

• The summary statistics for the hourly wages of a sample of 130 system analysts are
given below:

Mean = 60
Range = 20
Mode = 73
Variance = 324
Median = 74

The coefficient of variation is equal to: -✓✓(square root 324/ 60 x100)= 30%

• If the variance of a data set is correctly computed with the formula using in the
denominator, which of the following is true?
a. The data set is a population.
b. The data set is adjusted for skewness.
c. The data set is too small.
d. The data set is a sample. -✓✓d. The data set is a sample.

Document information

Uploaded on
April 9, 2026
Number of pages
11
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$12.49

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
PACKPASS
3.7
(7)
Sold
54
Followers
1
Items
7847
Last sold
5 days ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions