QMB 3200 FINAL EXAM QUESTIONS WITH ACCURATE
ANSWERS 2025 - 2026
Excel's,______,function,can,be,used,to,compute,the,sample,standard,deviation,,ANS,-STDEV.S
The,mean,of,the,sample,is,,ANS,-
computed,by,summing,all,the,data,values,and,dividing,the,sum,by,the,number,of,items
symbol,that,represents,the,size,of,population,,ANS,-N
The,variance,of,a,sample,or,population,cannot,be,,ANS,-Negative
Symbol,representing,the,size,of,sample,,ANS,-n
symbol,representing,standard,deviation,of,a,population,,ANS,-σ
symbol,representing,variance,of,a,population,,ANS,-σ,2
symbol,representing,mean,of,a,population,,ANS,-μ
symbol,representing,mean,of,a,sample,,ANS,-x̄
The,measure,of,central,location,most,often,reported,for,annual,income,and,property,value,data,is,the,,AN
S,-median
correlation,coefficient,ranges,from?,,ANS,--1,to,+1
Excel's,_____,function,can,be,used,to,compute,the,sample,variance.,,ANS,-VAR.S
variance,is,equal,to,,ANS,-squared,value,of,the,standard,deviation
, Excel's,_____,function,can,be,used,to,compute,the,mean.,,ANS,-AVERAGE
If,the,variance,of,a,data,set,is,correctly,computed,with,the,formula,using,n,−,1,in,the,denominator,,which,
of,the,following,is,true?
a.,The,data,set,is,a,population.
b.,The,data,set,is,a,sample.
c.,The,data,set,could,be,either,a,sample,or,a,population.
d.,The,data,set,is,from,a,census.,,ANS,-b.,The,data,set,is,a,sample.
Standard,error,of,the,mean,decreases,,ANS,-as,sample,size,increases
standard,error,of,the,mean,value,is,influenced,by,the,,ANS,-standard,deviation,of,the,population
Standard,error,of,the,mean...,,ANS,-measures,the,variability,in,the,sample,means
the,probability,distribution,of,all,possible,values,of,the,sample,means,called,the,,ANS,-
sampling,distribution,of,the,sample,mean
The,value,of,the,sample,statistic,is,used,to,estimate,,ANS,-the,value,of,the,population,parameter
The,standard,deviation,of,a,point,estimate,is,,ANS,-the,standard,error
The,standard,deviation,of,x̄,is,referred,to,as,,ANS,-the,standard,error,of,the,mean
The,finite,correction,factor,should,be,used,in,the,computation,σx̄,and,σȳ,when,n/N,is,,ANS,-
greater,than,.05
The,standard,deviation,of,p̄,is,referred,to,as,,ANS,-the,standard,error,of,the,population
ANSWERS 2025 - 2026
Excel's,______,function,can,be,used,to,compute,the,sample,standard,deviation,,ANS,-STDEV.S
The,mean,of,the,sample,is,,ANS,-
computed,by,summing,all,the,data,values,and,dividing,the,sum,by,the,number,of,items
symbol,that,represents,the,size,of,population,,ANS,-N
The,variance,of,a,sample,or,population,cannot,be,,ANS,-Negative
Symbol,representing,the,size,of,sample,,ANS,-n
symbol,representing,standard,deviation,of,a,population,,ANS,-σ
symbol,representing,variance,of,a,population,,ANS,-σ,2
symbol,representing,mean,of,a,population,,ANS,-μ
symbol,representing,mean,of,a,sample,,ANS,-x̄
The,measure,of,central,location,most,often,reported,for,annual,income,and,property,value,data,is,the,,AN
S,-median
correlation,coefficient,ranges,from?,,ANS,--1,to,+1
Excel's,_____,function,can,be,used,to,compute,the,sample,variance.,,ANS,-VAR.S
variance,is,equal,to,,ANS,-squared,value,of,the,standard,deviation
, Excel's,_____,function,can,be,used,to,compute,the,mean.,,ANS,-AVERAGE
If,the,variance,of,a,data,set,is,correctly,computed,with,the,formula,using,n,−,1,in,the,denominator,,which,
of,the,following,is,true?
a.,The,data,set,is,a,population.
b.,The,data,set,is,a,sample.
c.,The,data,set,could,be,either,a,sample,or,a,population.
d.,The,data,set,is,from,a,census.,,ANS,-b.,The,data,set,is,a,sample.
Standard,error,of,the,mean,decreases,,ANS,-as,sample,size,increases
standard,error,of,the,mean,value,is,influenced,by,the,,ANS,-standard,deviation,of,the,population
Standard,error,of,the,mean...,,ANS,-measures,the,variability,in,the,sample,means
the,probability,distribution,of,all,possible,values,of,the,sample,means,called,the,,ANS,-
sampling,distribution,of,the,sample,mean
The,value,of,the,sample,statistic,is,used,to,estimate,,ANS,-the,value,of,the,population,parameter
The,standard,deviation,of,a,point,estimate,is,,ANS,-the,standard,error
The,standard,deviation,of,x̄,is,referred,to,as,,ANS,-the,standard,error,of,the,mean
The,finite,correction,factor,should,be,used,in,the,computation,σx̄,and,σȳ,when,n/N,is,,ANS,-
greater,than,.05
The,standard,deviation,of,p̄,is,referred,to,as,,ANS,-the,standard,error,of,the,population
