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QT Primer Sessions
QT Primer Sessions
QTPrimerSessionsKartikeya
Problem
1. After graduation ceremonies at a university, six graduates were asked whether they were in favor of
(identified by 1) or against (identified by 0) abortion. Some information about these graduates is shown
below.
1
Name: ________________________ ID: A
3. The following shows the temperatures (high, low) and weather conditions in a given Sunday for some
selected world cities. For the weather conditions, the following notations are used: c = clear; cl = cloudy;
sh = showers; pc = partly cloudy.
City Hi Lo Condition
Acapulco 99 77 pc
Bangkok 92 78 pc
Mexico City 77 57 sh
Montreal 72 56 pc
Paris 77 58 c
Rome 88 68 cl
Toronto 78 61 c
2
Name: ________________________ ID: A
6. The following table shows the starting salaries of a sample of recent business graduates.
a. What percentage of graduates in the sample had starting salaries of at least $30,000?
b. Of the graduates in the sample, what percentage had starting salaries of less than $25,000?
c. Based on this sample, what percentage of all business graduates do you estimate to have
starting salaries of at least $20,000?
7. Michael, Inc., a manufacturer of electric guitars, is a small firm with 50 employees. The table below
shows the hourly wage distribution of the employees.
3
Name: ________________________ ID: A
4
Name: ________________________ ID: A
11. The following national weather report gives the temperatures and weather conditions on the previous day
in cities across the nation.
City Hi Lo Condition
AGE DISTRIBUTION OF
180 STUDENTS AT A LOCAL COLLEGE
Age of Students Number of Students
15-19 36
20-24 44
25-29 60
30-34 38
35-39 2
Total 180
a. Of the students in the sample, what percentage is younger than 20 years of age?
b. What percentage is at least 30 years of age?
c. Based on this sample, what percentage of the students at the college do you estimate to be
younger than 25 years of age?
13. The highway patrol is interested in determining the average speed of automobiles traveling on I-75
between Chattanooga and Atlanta. To accomplish this task, the speed of every tenth car passing a
particular point on I-75 is recorded.
5
Name: ________________________ ID: A
14. Thirty students in the School of Business were asked what their majors were. The following represents
their responses (M = Management; A = Accounting; E = Economics; O = Others).
A M M A M M E M O A
E E M A O E M A M A
M A O A M E E M A M
L L D L D
D D L L D
D L D D L
D D L D L
6 6 6 10 8 8 8 10 6 6
10 10 8 8 6 6 6 8 6 6
8 8 8 10 8 8 6 10 8 6
6 8 8 8 10 10 8 10 8 6
A B A B C
C C B B B
B A B B B
C B C B A
6
Name: ________________________ ID: A
18. A sample of 50 TV viewers were asked, "Should TV sponsors pull their sponsorship from programs that
draw numerous viewer complaints?" Below are the results of the survey. (Y = Yes; N = No; W = Without
Opinion)
N W N N Y N N N Y N
N Y N N N N N Y N N
Y N Y W N Y W W N Y
W W N W Y W N W Y W
N Y N Y N W Y Y N Y
52 99 92 86 84
63 72 76 95 88
92 58 65 79 80
90 75 74 56 99
a. Construct a frequency distribution for this data. Let the first class be 50 - 59 and draw a
histogram.
b. Construct a cumulative frequency distribution.
c. Construct a relative frequency distribution.
d. Construct a cumulative relative frequency distribution.
20. The frequency distribution below was constructed from data collected from a group of 25 students.
Height
(in Inches) Frequency
58 - 63 3
64 - 69 5
70 - 75 2
76 - 81 6
82 - 87 4
88 - 93 3
94 - 99 2
7
Name: ________________________ ID: A
21. The frequency distribution below was constructed from data collected on the quarts of soft drinks
consumed per week by 20 students.
Quarts of
Soft Drink Frequency
0- 3 4
4- 7 5
8 - 11 6
12 - 15 3
16 - 19 2
94 61 96 66 92
68 75 85 84 78
Develop a percent frequency distribution and construct a bar chart and a pie chart.
24. You are given the following data on the ages of employees at a company. Construct a stem-and-leaf
display.
26 32 28 45 58
52 44 36 42 27
41 53 55 48 32
42 44 40 36 37
25. Construct a stem-and-leaf display for the following data.
12 52 51 37 47 40 38 26 57 31
49 43 45 19 36 32 44 48 22 18
8
Name: ________________________ ID: A
26. The SAT scores of a sample of business school students and their genders are shown below.
SAT Scores
Gender Less than 20 20 up to 25 25 and more Total
Female 24 168 48 240
Male 40 96 24 160
Total 64 264 72 400
x y
2 7
6 19
3 9
5 17
4 11
28. For the following observations, plot a scatter diagram and indicate what kind of relationship (if any) exist
between x and y.
x y
8 4
5 5
3 9
2 12
1 14
29. Five hundred recent graduates indicated their majors as follows.
Major Frequency
Accounting 60
Finance 100
Economics 40
Management 120
Marketing 80
Engineering 60
Computer Science 40
Total 500
9
Name: ________________________ ID: A
20 30 40 30 50
30 20 30 20 40
19 22 27 24 28 12
23 47 11 55 25 42
36 25 34 16 45 49
12 20 28 29 21 10
59 39 48 32 40 31
a. Develop a frequency distribution for the above data. (Let the width of your classes be 10
units and start your first class as 10 - 19.)
b. Develop a relative frequency distribution and a percent frequency distribution for the data.
c. Develop a cumulative frequency distribution.
d. How many employees have taken less than 40 hours of sick leave?
32. The sales record of a real estate company for the month of May shows the following house prices
(rounded to the nearest $1,000). Values are in thousands of dollars.
105 55 45 85 75
30 60 75 79 95
a. Develop a frequency distribution and a percent frequency distribution for the house prices.
(Use 5 classes and have your first class be 20 - 39.)
b. Develop a cumulative frequency and a cumulative percent frequency distribution for the
above data.
c. What percentage of the houses sold at a price below $80,000?
33. The test scores of 14 individuals on their first statistics examination are shown below.
95 87 52 43 77 84 78
75 63 92 81 83 91 88
10
Name: ________________________ ID: A
34. A survey of 400 college seniors resulted in the following crosstabulation regarding their undergraduate
major and whether or not they plan to go to graduate school.
Undergraduate Major
Graduate School Business Engineering Others Total
Yes 35 42 63 140
No 91 104 65 260
Total 126 146 128 400
a. Are a majority of the seniors in the survey planning to attend graduate school?
b. Which discipline constitutes the majority of the individuals in the survey?
c. Compute row percentages and comment on the relationship between the students'
undergraduate major and their intention of attending graduate school.
d. Compute the column percentages and comment on the relationship between the students'
intention of going to graduate school and their undergraduate major.
35. The hourly wages of a sample of eight individuals is given below.
Hourly Wage
Individual (dollars)
A 27
B 25
C 20
D 10
E 12
F 14
G 17
H 19
Class Frequency
2- 6 2
7 - 11 3
12 - 16 4
17 - 21 1
11
Name: ________________________ ID: A
38. A private research organization studying families in various countries reported the following data for the
amount of time 4-year-old children spent alone with their fathers each day.
Score Frequency
14 - 18 2
19 - 23 5
24 - 28 12
29 - 33 1
12
Name: ________________________ ID: A
41. The following data show the yearly salaries of football coaches at some state supported universities.
Salary
University (in $1,000)
A 53
B 44
C 68
D 47
E 62
F 59
G 53
H 94
Faculty Age
1 42
2 30
3 73
4 50
5 51
6 37
7 42
8 59
13
Name: ________________________ ID: A
44. The following is a frequency distribution for the ages of a sample of employees at a local company.
Age Frequency
30 - 39 2
40 - 49 3
50 - 59 7
60 - 69 5
70 - 79 1
Grade
93
65
80
97
85
87
97
60
Student Hours
1 20
2 0
3 18
4 16
5 22
6 40
7 8
8 6
9 30
10 40
14
Name: ________________________ ID: A
47. The frequency distribution below shows the monthly expenditure on gasoline for a sample of 14
individuals.
Expenditure Frequency
55 - 59 2
60 - 64 3
65 - 69 4
70 - 74 3
75 - 79 2
40 25 35 30 20 40 30 20 40 10 30 20 10 5 20
2 1 0 2 0 2 1 2 0 2 1 2
15
Name: ________________________ ID: A
Grade Frequency
50 - 59 7
60 - 69 10
70 - 79 22
80 - 89 15
90 - 99 6
Job Change
City (in thousands)
Memphis -11
Nashville -7
Atlanta -6
Chattanooga -5
Birmingham -5
Huntsville 0
Knoxville 6
Class Frequency
45 - 47 3
48 - 50 6
51 - 53 8
54 - 56 2
57 - 59 1
16
Name: ________________________ ID: A
54. Below you are given the ages of a sample of 10 college students who are enrolled in statistics.
20 18 20 22 18 20 22 17 19 24
3 12 4 7 14 6 2 9 11
Class Frequency
70 - 79 5
80 - 89 9
90 - 99 11
100 - 109 9
110 - 119 6
Starting Salary
(In $1,000) Frequency
20-24 1
25-29 3
30-34 7
35-39 6
40-44 2
45-49 1
17
Name: ________________________ ID: A
58. The following frequency distribution shows the time (in minutes) that a sample of students uses the
computer terminals per day.
Time Frequency
20 - 39 2
40 - 59 4
60 - 79 6
80 - 99 4
100 - 119 2
Time
Student (In Minutes)
1 40
2 28
3 71
4 48
5 49
6 35
7 40
8 57
18
Name: ________________________ ID: A
62. The following data represent the daily demand (y in thousands of units) and the unit price (x in dollars)
for a product.
a. Compute and interpret the sample covariance for the above data.
b. Compute and interpret the sample correlation coefficient.
63. The following observations are given for two variables.
y x
5 2
8 12
18 3
20 6
22 11
30 19
10 18
7 9
a. Compute and interpret the sample covariance for the above data.
b. Compute the standard deviation for x.
c. Compute the standard deviation for y.
d. Compute and interpret the sample correlation coefficient.
64. Compute the weighted mean for the following data.
xi Weight (wi)
9 10
8 12
5 4
3 5
2 3
65. Compute the weighted mean for the following data.
xi Weight (wi)
19 12
17 30
14 28
13 10
18 10
19
Name: ________________________ ID: A
66. Jason, a freshman at a local college, just completed 15 credit hours. His grade report is presented below.
Credit
Course Hours Grades
Calculus 5 C
Biology 4 A
English 3 D
Music 2 B
P.E. 1 A
Salary
Resident (In $1,000)
A 97
B 48
C 69
D 85
E 92
F 48
G 79
H 74
For the above sample, determine the following measures (Give your answer in dollars):
Yearly
Tuition Frequency
12 - 16 5
17 - 21 4
22 - 26 3
27 - 31 2
For the above data, compute the mean yearly tuition. (Give your answer in dollars.)
20
Name: ________________________ ID: A
69. The following data represent the daily supply (y in thousands of units) and the unit price (x in dollars) for
a product.
a. Compute and interpret the sample covariance for the above data.
b. Compute the standard deviation for the daily supply.
c. Compute the standard deviation for the unit price.
d. Compute and interpret the sample correlation coefficient.
70. The yearly incomes of the top highest paying professions in the United States are shown below.
Yearly Income
Profession (in $1,000)
Surgeons 136
Obstetricians 132
Anesthesiologists 130
Internists 126
Pediatricians 116
Psychiatrists 114
Dentists 110
General Practitioners 110
Chief Executives 107
Airline Pilots 99
For the above sample, determine the following measures (Give your answer in dollars).
21
Name: ________________________ ID: A
71. The population change between 1995 and 2005 for several small cities are shown below.
Population Change
City (number of residents)
Chattanooga 3083
Collegedale 1466
East Ridge -461
Lakeside 1113
Ridgeside -11
Signal Mountain 395
Soddy-Daisy 3290
Walden 437
a. The mean
b. The standard deviation
c. The median
72. The Michael Painting Company has purchased paint from several suppliers. The purchase price per
gallon and the number of gallons purchased are shown below.
For the above data, compute the mean starting salary: (Give your answer in dollars.)
22
Name: ________________________ ID: A
75. Marissa, a freshman at a local college, just completed 18 credit hours. Her grade report is presented
below.
Using the above data, compute the mean, the median, and the mode.
77. Global Engineers hired the following number of Class 1 engineers during the first six months of the past
year. (Assume the data represent a sample.)
No. of Class 1
Month Engineers Hired
January 3
February 2
March 4
April 2
May 6
June 0
a. Determine the mean, the median, the mode, and the range for the above data.
b. Compute the variance and the standard deviation.
c. Compute the first and the third quartiles.
d. Compute the z-scores for the months of May and June.
78. In a statistics class, the average grade on the final examination was 75 with a standard deviation of 5.
a. At least what percentage of the students received grades between 50 and 100?
b. Determine an interval for the grades that will be true for at least 70% of the students.
2
79. The standard deviation of a sample was reported to be 7. The report indicated that x x = 980.
What has been the sample size?
2
80. The variance of a sample was reported to be 81. The report indicated that x x = 972. What has
been the sample size?
23
ID: A
QTPrimerSessionsKartikeya
Answer Section
PROBLEM
1. ANS:
a. 6
b. 4
c. 6
d. Sex: qualitative
Age: quantitative
Abortion Issue: qualitative
Class Rank: qualitative
e. No
PTS: 1
2. ANS:
a. 5
b. 2
c. 5
d. Sales per employee: quantitative; Sales rank: qualitative
PTS: 1
3. ANS:
a. 7
b. 3
c. 7
d. Hi: quantitative, Lo: quantitative, Condition: qualitative
e. Hi: appropriate, Lo: appropriate, Condition: not appropriate
PTS: 1
4. ANS:
a. 45%
b. No, it is descriptive statistics.
c. statistical inference
d. No, this is simply an inference and approximation based on the sample information.
e. 25%
f. 2
g. 200
PTS: 1
5. ANS:
a. The 2000 individuals who were approached
b. 56%
c. 4%
PTS: 1
1
ID: A
6. ANS:
a. 10%
b. 50%
c. 80%
PTS: 1
7. ANS:
a. 30
b. 60%
c. 16%
PTS: 1
8. ANS:
a. 10
b. 4
c. 10
d. Sales and Profits are quantitative
Sales Rank, and Profits Rank are qualitative
e. Sales: ratio
Sales Rank: ordinal
Profits: ratio
Profits Rank: ordinal
PTS: 1
9. ANS:
a. 7
b. 5
c. 7
d. Grade point average is quantitative. All others are qualitative.
e. Identification Number: nominal
Grade Point Average: ratio
Classification: ordinal
Gender: nominal
Rank in Class: ordinal
PTS: 1
10. ANS:
a. 10
b. 5
c. 10
d. Worth and Age are quantitative
Ranking, Marital Status, and Source are qualitative
e. Ranking: ordinal
Worth: ratio
Age: ratio
Marital Status: nominal
Source: nominal
PTS: 1
2
ID: A
11. ANS:
a. 11
b. 3
c. 11
d. Temperature is quantitative
Weather Condition is qualitative
e. Temperature (Hi and Lo): interval
Weather Condition: nominal
PTS: 1
12. ANS:
a. 20%
b. 22.22%
c. 44.44%
PTS: 1
13. ANS:
a. All the automobiles on I-75
b. All the tenth cars
c. quantitative
d. ratio
PTS: 1
3
ID: A
14. ANS:
(a) (b)
Relative
Major Frequency Frequency
M 12 0.4
A 9 0.3
E 6 0.2
O 3 0.1
Total 30 1.0
PTS: 1
4
ID: A
15. ANS:
a and b
Relative
Preferences Frequency Frequency
L 9 0.45
D 11 0.55
Total 20 1.00
PTS: 1
5
ID: A
16. ANS:
a and b
Relative
Preferences Frequency Frequency
6 ounces 14 0.350
8 ounces 17 0.425
10 ounces 9 0.225
Total 40 1.000
PTS: 1
6
ID: A
17. ANS:
a and b
Relative
Grade Frequency Frequency
A 4 0.20
B 11 0.55
C 5 0.25
Total 20 1.00
PTS: 1
7
ID: A
18. ANS:
a and b
Relative
Frequency Frequency
No 24 0.48
Yes 15 0.30
Without Opinion 11 0.22
Total 50 1.00
PTS: 1
19. ANS:
a. b. c. d.
Cumulative
Cumulative Relative Relative
Score Frequency Frequency Frequency Frequency
50 - 59 3 3 0.15 0.15
60 - 69 2 5 0.10 0.25
70 - 79 5 10 0.25 0.50
80 - 89 4 14 0.20 0.70
90 - 99 6 20 0.30 1.00
Total 20 1.00
PTS: 1
8
ID: A
20. ANS:
a. b. c.
Cumulative
Height Relative Cumulative Relative
(In Inches) Frequency Frequency Frequency Frequency
58 - 63 3 0.12 3 0.12
64 - 69 5 0.20 8 0.32
70 - 75 2 0.08 10 0.40
76 - 81 6 0.24 16 0.64
82 - 87 4 0.16 20 0.80
88 - 93 3 0.12 23 0.92
94 - 99 2 0.08 25 1.00
1.00
PTS: 1
21. ANS:
a. b. c.
Cumulative
Quarts of Relative Cumulative Relative
Soft Drinks Frequency Frequency Frequency Frequency
0- 4 4 0.20 4 0.20
4- 8 5 0.25 9 0.45
8 - 12 6 0.30 15 0.75
12 - 16 3 0.15 18 0.90
16 - 20 2 0.10 20 1.00
Total 20 1.00
PTS: 1
22. ANS:
a. b. c.
Cumulative Relative
Class Frequency Frequency Frequency
60 - 69 3 3 0.3
70 - 79 2 5 0.2
80 - 89 2 7 0.2
90 - 99 3 10 0.3
Total 10 1.0
PTS: 1
9
ID: A
23. ANS:
Major Percent Frequency
Accounting 30%
Finance 20%
Management 40%
Marketing 10%
PTS: 1
24. ANS:
2|6 7 8
3|2 2 6 6 7
4|0 1 2 2 4 4 5 8
5|2 3 5 8
PTS: 1
25. ANS:
1|2 8 9
2|2 6
3|1 2 6 7 8
4|0 3 4 5 7 8 9
5|1 2 7
PTS: 1
10
ID: A
26. ANS:
a. 64
b. 240
c. 24
d. SAT Scores
Gender Less than 20 20 up to 25 25 and more Total
Female 10% 70% 20% 100%
Male 25% 60% 15% 100%
From the above percentages it can be noted that the largest percentages of both genders'
SAT scores are in the 20 to 25 range. However, 70% of females and only 60% of males
have SAT scores in this range. Also it can be noted that 10% of females' SAT scores are
under 20, whereas, 25% of males' SAT scores fall in this category.
e. SAT Scores
Gender Less than 20 20 up to 25 25 and more
Female 37.5% 63.6% 66.7%
Male 62.5% 36.4% 33.3%
Total 100% 100% 100%
PTS: 1
27. ANS:
A positive relationship between x and y appears to exist.
PTS: 1
11
ID: A
28. ANS:
A negative relationship between x and y appears to exist.
PTS: 1
29. ANS:
a. b.
Relative Percent
Major Frequency Frequency Frequency
Accounting 60 0.12 12
Finance 100 0.20 20
Economics 40 0.08 8
Management 120 0.24 24
Marketing 80 0.16 16
Engineering 60 0.12 12
Computer Science 40 0.08 8
Total 500 1.00 100
PTS: 1
30. ANS:
10 20 30 40 50 60
PTS: 1
12
ID: A
31. ANS:
a. b. b. c.
Hours of Relative Percent Cum.
Sick Leave Taken Freq. Freq. Freq. Freq.
10 - 19 6 0.20 20 6
20 - 29 11 0.37 37 17
30 - 39 5 0.16 16 22
40 - 49 6 0.20 20 28
50 - 59 2 0.07 7 30
d. 22
PTS: 1
32. ANS:
a. a. b. b.
Cum.
Sales Price Percent Cum. Percent
(In Thousands of Dollars) Freq. Freq. Freq. Freq.
20 - 39 1 10 1 10
40 - 59 2 20 3 30
60 - 79 4 40 7 70
80 - 99 2 20 9 90
100 - 119 1 10 10 100
c. 70%
PTS: 1
33. ANS:
4 3
5 2
6 3
7 5 7 8
8 1 3 4 7 8
9 1 2 5
PTS: 1
13
ID: A
34. ANS:
a. No, majority (260) will not attend graduate school
b. Majority (146) are engineering majors
c.
Undergraduate Major
Graduate School Business Engineering Others Total
Yes 25% 30% 45% 100%
No 35% 40% 25% 100%
Majority who plan to go to graduate school are from "Other" majors. Majority of those who
will not go to graduate school are engineering majors.
d.
Undergraduate Major
Graduate School Business Engineering Others
Yes 27.8% 28.8% 49.2%
No 72.2% 71.2% 50.8%
Total 100% 100% 100%
Approximately the same percentages of Business and engineering majors plan to attend
graduate school (27.8% and 28.8% respectively). Of the "Other" majors approximately half
(49.2%) plan to go to graduate school.
PTS: 1
35. ANS:
a. 18
b. 6
c. 13
PTS: 1
36. ANS:
C.V. for 2005 = 18%, C.V. for 2006 = 17%
Therefore 2005 shows a more dispersed distribution.
PTS: 1
37. ANS:
a. 11
b. 21
c. 4.58
PTS: 1
38. ANS:
a. 43
b. 7.56
c. 42
d. 48
PTS: 1
14
ID: A
39. ANS:
The coefficient of variation in 2005 was 20% (more dispersed).
The coefficient of variation in 2006 was 15%.
PTS: 1
40. ANS:
a. 24
b. 3.77
PTS: 1
41. ANS:
a. 60
b. 15.8
c. 53
d. 56
e. 62
PTS: 1
42. ANS:
a. 48
b. 42
c. 46
d. 13.5
PTS: 1
43. ANS:
UTK's coefficient of variation = 35%. UTC's coefficient of variation = 30%.
Therefore, UTK has a more dispersed grade distribution.
PTS: 1
44. ANS:
a. 54.5
b. 117.65
c. 10.85
d. 19.91%
PTS: 1
45. ANS:
a. 83
b. 86
c. 97
d. 14.01
e. 16.88%
PTS: 1
46. ANS:
a. 19; approximately 50% of the students work at least 19 hours
b. 26; at least 70% of the students work less than or equal to 26 hours per week
c. 40; the most frequent data element
PTS: 1
15
ID: A
47. ANS:
a. 67
b. 6.5
PTS: 1
48. ANS:
The coefficient of variation in Tennessee = 30%. The coefficient of variation in Georgia = 27.5%.
Therefore, Tennessee shows a more dispersed distribution.
PTS: 1
49. ANS:
a. 25
b. 25
c. 20
d. 20
e. 35
f. 128.571
g. 11.339
PTS: 1
50. ANS:
a. 2
b. 1.5
c. 1.25
d. 2
e. 1.5
f. 0.75
g. 0.866
h. 69.28%
PTS: 1
51. ANS:
a. 75
b. 130.25
c. 11.41
d. 15.22%
PTS: 1
52. ANS:
a. -4000
b. -5000
c. -5000
d. 5,477 (rounded)
PTS: 1
53. ANS:
a. 50.8
b. 3.06
PTS: 1
16
ID: A
54. ANS:
a. 20
b. 4.667
c. 2.16
d. 10.8%
e. 18
f. 20
g. 22
h. 7
PTS: 1
55. ANS:
a. 7.56
b. 17.78
c. 4.22
d. 55.8
e. 4.0
f. 7.0
g. 11
h. 12
PTS: 1
56. ANS:
a. 95
b. 12.44 (rounded)
PTS: 1
57. ANS:
a. 34
b. 35.26
c. 5.94
d. 17.46%
PTS: 1
58. ANS:
a. 69.5
b. 564.54
c. 23.76
d. 34.19%
PTS: 1
59. ANS:
a. 74
b. 533.08 (rounded)
c. 23.09
d. 31.20%
PTS: 1
17
ID: A
60. ANS:
a. 46
b. 44
c. 13.5
d. 53
PTS: 1
61. ANS:
The coefficient of variation in 2005 was 20% (more dispersed). The coefficient of variation in 2006 was
15%.
PTS: 1
62. ANS:
a. -47. Since the covariance is negative, it indicates a negative relationship between x and y.
b. -0.922. There is a strong negative relationship between x and y.
PTS: 1
63. ANS:
a. 19.286 (rounded). Since the covariance is positive, it indicates a positive relationship
between x and y.
b. 6.32
c. 8.83
d. 0.345. There is a positive relationship between x and y. The relationship is not very strong.
PTS: 1
64. ANS:
6.676
PTS: 1
65. ANS:
16
PTS: 1
66. ANS:
2.6
PTS: 1
67. ANS:
a. $74,000
b. $18,423.59
c. $48,000
d. $76,500
e. $85,000
PTS: 1
68. ANS:
$19,714.29
PTS: 1
18
ID: A
69. ANS:
a. 11.43 (rounded). The covariance is positive. Therefore, there is a positive relationship
between x and y.
b. 4
c. 4.175
d. 0.6844. There is a fairly strong positive relationship between x and y.
PTS: 1
70. ANS:
a. $118,000
b. $12,283.68
c. $115,000
d. $110,000
PTS: 1
71. ANS:
a. 1,164
b. 1,385.51
c. 775
PTS: 1
72. ANS:
$24.50
PTS: 1
73. ANS:
The coefficient of variation in 2005 = 16%.
The coefficient of variation in 2006 = 15%.
Therefore, 2005 had a more dispersed distribution.
PTS: 1
74. ANS:
$32,250
PTS: 1
75. ANS:
2.33
PTS: 1
76. ANS:
Mean = 14.8
Median = 16
Mode = 17
PTS: 1
19
ID: A
77. ANS:
a. Mean = 2.833 Median = 2.5 Mode = 2.0 Range = 6
b. S2 = 4.166
S = 2.041
c. First quartile = 2
Third quartile = 4
d. Z-score for May = 1.55 (rounded)
Z-score for June = -1.39 (rounded)
PTS: 1
78. ANS:
a. 96%
b. 75 (1.826)(5) = 65.87 to 84.13
PTS: 1
79. ANS:
19
PTS: 1
80. ANS:
11
PTS: 1
20