UCF QMB 3200 Final Exam Completed Updated Version with All Questions and 100% Correct Answers

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QMB3200 UCF Fall18 Exam4 Check Progress


Quantitative Business Tools II (University of Central Florida)




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QMB3200 – “Check Your Progress”


Answers to “Check Your Progress” Questions

Below are the answers to the Check Your Progress questions that can be found in
the StudyCube study guide. We recommend answering these questions on your own
and then checking them.

Exam 1 Exam 2 Exam 3
Review Review Review
1. C 1. E 1. C
2. E 2. C 2. A
3. A 3. E 3. D
4. B 4. A 4. D
5. D 5. D 5. C
6. D 6. A 6. B
7. C 7. C
8. C 8. A
9. A

Exam 1 Review

1. (c) TIME is not an example of discrete data because there are infinite possible
measurable outcomes within a certain interval. An example of this is a short sprint
could take one runner 10.31 seconds, but another runner 10.47 seconds. All of the
other answer choices have finite, specific integer values.

2. (e) To calculate the z-score, use the formula

x
z ,


where x is the data value you are interested in, µ is the population mean, and σ is the
population standard deviation. Using the information provided,

70, 000  65, 000
z  1.41,
3,550

meaning the employee’s salary is 1.41 standard deviations above the mean.




Fall ‘18 QMB3200 Final Exam Check Your Progress Questions © 2018 StudyCube, LLC 1

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