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VERIFIED STAT301 EXAM QUESTIONS WITH CORRECT ANSWERS.

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Part 1 of 3 - 12.0/ 12.0 Points Question 1 of 20 1.0/ 1.0 Points Which of the following statements are false regarding a boxplot? • A. Boxplots can be used to either describe a single variable in a data set or to compare two (or more) variables • B. The height of the box has no significance. • C. The right and left of the box are the third and first quartiles • D. The length of the box equals the range of the data. Answer Key:D Question 2 of 20 1.0/ 1.0 Points What type of sampling is being employed if the population is divided into economic classes and a sample is chosen from each econ

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Institution
CPA - Certified Public Accountant
Course
CPA - Certified Public Accountant

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STAT301 EXAM 2026-2027 QUESTIONS WITH CORRECT ANSWERS

Part 1 of 3 - 12.0/ 12.0 Points

Question 1 of 20
1.0/ 1.0 Points
Which of the following statements are false regarding a boxplot?



A. Boxplots can be used to either describe a single variable in a data set or to compare
two (or more) variables



B. The height of the box has no significance.



C. The right and left of the box are the third and first quartiles



D. The length of the box equals the range of the data.



Answer Key:D
Question 2 of 20
1.0/ 1.0 Points
What type of sampling is being employed if the population is divided into economic classes and
a sample is chosen from each economic class to be surveyed?




A. stratified sampling



B. cluster sampling



C. random sampling



, STAT301 EXAM 2026-2027 QUESTIONS WITH CORRECT ANSWERS

D. systematic sampling




Answer Key:A
Question 3 of 20
1.0/ 1.0 Points
A scatter plot would be useful for



A. Showing the relationship between the sales of blank CDs and blank DVDs



B. Showing the trend of sales, over time, of five different brands of blank DVDs



C. Showing the top selling brands of blank DVDs



D. Showing the relative number of sales of four different brands of blank DVDs



Answer Key:A
Question 4 of 20
1.0/ 1.0 Points
Which of the following indicates how many observations fall into various categories?



A. The Likert scale



B. The frequency table

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Institution
CPA - Certified Public Accountant
Course
CPA - Certified Public Accountant

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