3b-Assignment of Numerical Measures
3b-Assignment of Numerical Measures
1
A key difference between calculating the sample mean and the population mean is
The sample observations are ranked and the middle value is selected as the population
C)mean.
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 bell shaped frequency distribution, approximately 75% of the observations are in
C)the range of plus or minus one standard deviation.
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
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.
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.
11
The numerator of the mean deviation is
B)The variance.
12
The standard deviation is
13
The geometric mean is
14
In a negatively skewed distribution,
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
B)Calculated the same of the mean and standard deviation of ungrouped data.
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:
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.
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.