0
STRAIGHTERLINE MAT 150 Exam 1 QUESTIONS WITH CORRECT
ANSWERS
My Account
MAT150_MH_V4 | Topic 3: Descriptive Statistics: Representational
Started on Sunday, December 18, 2022, 11:52 AM
State Finished
Completed on Sunday, December 18, 2022, 12:43 PM
Time taken 51 mins 9 secs
Grade 120.00 out of 125.00 (96%)
Feedback You’re off to a good start. A course grade of 70% is required to request a transcript. You’ve met that for the first exam
already, but if you want to reattempt for a higher grade you can retake this assessment. Study hard for each exam,
and consider using tutoring anytime you get stuck. Remember that 10 hours of tutoring are provided to you through
your StraighterLine membership.
Question 1
Correct
5.00 points out
of 5.00
Data is collected and analyzed for you by computer programs, so there is no need to understand statistics.
Statistical techniques are only useful for certain professions.
Statistics is never required to make personal decisions.
No matter what your career, you need a knowledge of statistics to understand the world.
0
My Account
Question 2
Correct
What type of variable is the number of robberies reported in your city?
5.00 points out
Select one:
of 5.00
Continuous
Qualitative
Attribute
Quantitative
Question 3
Respondents were asked, "Do you now earn more than or less than you did five years ago?" What is this level of
Incorrect
measurement?
0.00 points out
of 5.00
Interval
Ratio
Ordinal
, 0
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Question 4
Correct
5.00 points out
of 5.00
Number of households watching the Home Shopping Network
Number of employees reporting in sick
Question 5
Correct
5.00 points out
of 5.00
The unemployment rate in the United States for last month
The weekly income of the typical high school graduate compared to a typical college graduate
The average profit earned last year for the 10 top companies on the Dow Jones Index
0
My Account
Question 6
The Investment Research Institute reported in its Mutual Fund Fact Book that the number of mutual funds increased
Correct
from 5,810 in 1999 to 8,001 in 2009. What is the geometric mean annual percent increase in the number of funds?
5.00 points out
of 5.00
Question 7
The number of students at a local university increased from 2,400 students to 5,800 students in 10 years. Based on a
Correct
geometric mean, the university grew at an average percentage rate of
5.00 points out
of 5.00
2,400 students per year.
240 students per year.
STRAIGHTERLINE MAT 150 Exam 1 QUESTIONS WITH CORRECT
ANSWERS
My Account
MAT150_MH_V4 | Topic 3: Descriptive Statistics: Representational
Started on Sunday, December 18, 2022, 11:52 AM
State Finished
Completed on Sunday, December 18, 2022, 12:43 PM
Time taken 51 mins 9 secs
Grade 120.00 out of 125.00 (96%)
Feedback You’re off to a good start. A course grade of 70% is required to request a transcript. You’ve met that for the first exam
already, but if you want to reattempt for a higher grade you can retake this assessment. Study hard for each exam,
and consider using tutoring anytime you get stuck. Remember that 10 hours of tutoring are provided to you through
your StraighterLine membership.
Question 1
Correct
5.00 points out
of 5.00
Data is collected and analyzed for you by computer programs, so there is no need to understand statistics.
Statistical techniques are only useful for certain professions.
Statistics is never required to make personal decisions.
No matter what your career, you need a knowledge of statistics to understand the world.
0
My Account
Question 2
Correct
What type of variable is the number of robberies reported in your city?
5.00 points out
Select one:
of 5.00
Continuous
Qualitative
Attribute
Quantitative
Question 3
Respondents were asked, "Do you now earn more than or less than you did five years ago?" What is this level of
Incorrect
measurement?
0.00 points out
of 5.00
Interval
Ratio
Ordinal
, 0
My Account
Question 4
Correct
5.00 points out
of 5.00
Number of households watching the Home Shopping Network
Number of employees reporting in sick
Question 5
Correct
5.00 points out
of 5.00
The unemployment rate in the United States for last month
The weekly income of the typical high school graduate compared to a typical college graduate
The average profit earned last year for the 10 top companies on the Dow Jones Index
0
My Account
Question 6
The Investment Research Institute reported in its Mutual Fund Fact Book that the number of mutual funds increased
Correct
from 5,810 in 1999 to 8,001 in 2009. What is the geometric mean annual percent increase in the number of funds?
5.00 points out
of 5.00
Question 7
The number of students at a local university increased from 2,400 students to 5,800 students in 10 years. Based on a
Correct
geometric mean, the university grew at an average percentage rate of
5.00 points out
of 5.00
2,400 students per year.
240 students per year.
