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3b-Assignment of Numerical Measures

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Chandra Dwitara
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0% found this document useful (0 votes)
10 views

3b-Assignment of Numerical Measures

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Chandra Dwitara
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© © All Rights Reserved
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Download as PDF, TXT or read online on Scribd
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NUMERICAL MEASURES

1
A key difference between calculating the sample mean and the population mean is

A)We use and n instead of μ and N.

B)We divide the sum of the observations by n - 1 instead of n.

The sample observations are ranked and the middle value is selected as the population
C)mean.

D)There are no differences.

2
Which of the following measures of central location is affected most by extreme values?

A)Median

B)Mean

C)Mode

D)Variance

3
The Empirical Rule states that
For a bell shaped frequency distribution, approximately 68% of the observations are in
A)the range of plus or minus one standard deviation.

For a positively skewed frequency distribution, approximately 68% of the observations


B)are in the range of plus or minus one standard deviation.

For a bell shaped frequency distribution, approximately 75% of the observations are in
C)the range of plus or minus one standard deviation.

For a positively skewed frequency distribution, approximately 75% of the observations


D)are in the range of plus or minus one standard deviation.
4
In a set of observations, which measure of central tendency reports the value that occurs
most often?

A)Mean

B)Median

C)Mode

D)Standard deviation

5
Chebyshev's Theorem can be applied to state that:

For a bell shaped frequency distribution, at least 95% of the observations are in the
A)range of plus or minus two standard deviations.

For a positively skewed frequency distribution, at least 95% of the observations are in
B)the range of plus or minus two standard deviations.

For a bell shaped frequency distribution, at least 75% of the observations are in the
C)range of plus or minus two standard deviations.

For a positively skewed frequency distribution, at least 68% of the observations are in
D)the range of plus or minus two standard deviations.

6
In comparing two different samples of 100 observations, sample "A" has a mean of 10 and
a standard deviation of 10. The sample "B" has a mean of 10 and a standard deviation of
50. The two samples are

A)Exactly the same.

Are centered at 10, but the first sample "A"s data is more concentrated near the
B)mean.

Are centered at 10, but the second sample "B"s data is more concentrated near the
C)mean.

D)Are positively skewed.


7
For a distribution, the mean is 5, the median is 15, and the mode is 20. Based on this
information, the distribution is:

A)Positively skewed

B)Negatively skewed

C)Symmetric

D)Bell-shaped

8
Which measure of central tendency is the largest in a positively skewed distribution?

A)Mean

B)Median

C)Mode

D)Variance

9
Which of the following statistics is a measure of dispersion?

A)Mean

B)Median

C)Mode

D)Standard deviation

10
What is true about the range?
A)Only two values are used in its calculation.

B)It is in different units than the mean.

C)It can be used for nominal data.

D)All values are used in its calculation.

11
The numerator of the mean deviation is

A)The sum of squared deviations from the mean.

B)The variance.

C)The sum of the absolute values of deviations from the mean.

D)Always reported in units squared.

12
The standard deviation is

A)Based on squared deviations from the mean.

B)Expressed in the same units as the mean.

C)Calculated by using all observations.

D)All of the above.

13
The geometric mean is

A)Useful when calculating average percentage change over time.


B)Equal to the arithmetic mean.

C)The nth root of n values added together.

D)Equal to the median.

14
In a negatively skewed distribution,

A)The mean, median, and mode are all equal.

B)The mean is larger than the median.

C)The median is larger than the mean.

D)The standard deviation must be larger than the mean or the median.

15
The mean and standard deviation of data grouped in a frequency distribution are

A)Estimates of the sample mean and standard deviation.

B)Calculated the same of the mean and standard deviation of ungrouped data.

C)Calculated using relative frequencies as weights for each class.

D)Calculated using the individual observed values.


16 The accounting firm of Rowatti and Koppel specializes in income tax returns for self-employed
professionals, such as physicians, dentists, architects, and lawyers. The firm employs 11
accountants who prepare the returns. For last year, the number of returns prepared by each
accountant was:

Find the mean, median, and mode for the number of returns prepared by each accountant. If
you could report only one, which measure of location would you recommend reporting?

17 The unemployment rate in the state of Alaska by month is given in the table below:

a. What is the arithmetic mean of the Alaska unemployment rates?


b. Find the median and the mode for the unemployment rates.
c. Compute the arithmetic mean and median for just the winter (Dec–Mar) months. Is it much
different?

18 The Houston, Texas, Motel Owner Association conducted a survey regarding weekday motel
rates in the area. Listed below is the room rate for business-class guests for a sample of 10
motels.

a. Compute the sample variance.


b. Determine the sample standard deviation.

19 The IRS was interested in the number of individual tax forms prepared by small accounting
firms. The IRS randomly sampled 50 public accounting firms with 10 or fewer employees in the
Dallas–Fort Worth area. The following frequency table reports the results of the study. Estimate
the mean and the standard deviation.

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