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Test Bank for Business Statistics: Communicating with Numbers 2nd Edition by Jaggia & Kelly | A+ Grades

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Prepare for your business statistics exams with this Test Bank for Business Statistics: Communicating with Numbers, 2nd Edition by Sanjiv Jaggia & Alison Kelly. This resource helps students review key concepts in data analysis, descriptive statistics, probability, probability distributions, sampling, hypothesis testing, regression analysis, and business decision-making for quizzes, midterms, and final exams. The 2nd edition is by Jaggia and Kelly and emphasizes practical business applications of statistical methods. Get your test bank today and strengthen your business statistics exam preparation!

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Test Bank for Business Statistics Communicating
with Numbers 2nd Edition Jaggia
Chapter 02

1. Ayfrequencyydistributionyforyqualitativeydataygroupsytheseydatayintoyclasse

sycalledyintervalsyandyrecordsytheytotalynumberyofyobservationsyinyeachycla

ss.



True False


2. Theyrelativeyfrequencyyofyaycategoryyisycalculatedybyydividingytheycategory'syfr

equencyybyytheytotalynumberyofyobservations.



True False


3. Theypercentyfrequencyyofyaycategoryyequalsytheyfrequencyyofytheycategoryymulti
pliedybyy100%.



True False


4. Aypieychartyisyaysegmentedycircleythatyportraysytheycategoriesyandyr

elativeysizesyofysomeyquantitativeyvariable.



True False


5. Aybarychartydepictsytheyfrequencyyoryrelativeyfrequencyyofyeachycategoryyofyqu

alitativeydatayasyaybaryrisingyverticallyyfromytheyhorizontalyaxis.yItyisyalsoyaccep

tableyforytheybarytoyextendyhorizontallyyfromytheyverticalyaxis.



True False

,6. Aybarychartymayybeydisplayedyhorizontally.



True False


7. Toyapproximateytheywidthyofyayclassyinytheycreationyofyaybarychart,yweymayyuseythisyformula:




True False


8. Foryquantitativeydata,yayrelativeyfrequencyydistributionyidentifiesytheyproportionyofyobservationsythatyfally

intoyeachyclass.



True False


9. Foryquantitativeydata,yaycumulativeyrelativeyfrequencyydistributionyrecordsytheyproportiony(fraction)yofy

valuesythatyfallybelowytheyupperylimityofyeachyclass.



True False


10. Ayhistogramyisyayseriesyofyrectanglesywhereytheywidthyandyheightyofyeachyrectangleyrepresentytheyfreq

uencyy(oryrelativeyfrequency)yandytheywidthyofytheyclass,yrespectively.



True False

,11. Aypolygonyconnectsyayseriesyofyneighboringypointsywhereyeachypointyrepresentsytheymidpointyofyaypart

icularyclassyandyitsyassociatedyfrequencyyoryrelativeyfrequency.



True False


12. Anyogiveyisyaygraphythatyplotsytheycumulativeyfrequencyy(orytheycumulativeyrelativeyfrequency)yofyeac

hyclassyaboveytheylowerylimityofytheycorrespondingyclass.



True False


13. Aystem-and-

leafydiagramyisyusefulyinythatyitygivesyanyoverallypictureyofywhereyquantitativeydatayareycenteredyandyho

wytheydatayareydispersedyfromytheycenter.



True False


14. Ayscatterplotyisyaygraphicalytoolythatyhelpsydetermineywhetheryorynotytwoyquantitativeyvariablesyareyrela

ted.



True False


15. Whenyconstructingyayscatterplotyforytwoyquantitativeyvariables,yweyusuallyyreferytoyoneyvariableyas

x and another one as y. Typically, we graph x on the vertical axis and y on the horizontal axis.
y y y y y y y y y y y y y y y y y y y




True False


16. Whenyconstructingyaypieychart,yonlyyayfew,ytheymostyfrequent,ycategoriesymustybeyincludedyinytheypie.



True False

, 17. Whenysummarizingyquantitativeydatayityisyalwaysybetterytoyhaveyupytoy30yclassesyinyayfrequencyydistr

ibution.



True False


18. Scatterplotyisyaygraphicalytoolythatyisyfocusedyonydescribingyoneyvariable.



True False


19. Frequencyydistributionsymayybeyusedytoydescribeywhichyofytheyfollowingytypesyofydata?




A. Nominalyandyordinalydatayonly

B. Nominalyandyintervalydatayonly

C. Nominal,yordinal,yandyintervalydatayonly

D. Nominal,yordinal,yinterval,yandyratioydata


20. Inyorderytoysummarizeyqualitativeydata,yayusefulytoolyisyay .




A. histogram

B. frequencyydistribution

C. stem-and-leafydiagram

D. Allyofytheyabove

Connected book
 image
Sanjiv Jaggia, Professor, Alison Kelly, Professor Business Statistics: Communicating with Numbers
Publisher: 2015 ISBN: 9780078020551 Edition: Unknown

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