Category Statistics

BAN6933 QUIZ

a. the dependent variable only assumes two continuous values. b. there are two dependent variables. c. the dependent variable only assumes two discrete values. d. there can only be two independent variables. 2. A regression model between sales (y in $1000),…

BA6933 QUIZ SOLUTIONS

a. 8 b. 2 c. 4 d. 6 2. The number of observations will always be the same as the a. number of variables. b. number of elements. c. sample size. d. population size. 3.The scale of measurement used for…

BA6993 Statistics Week 1 to 7 Quizzes

1.The difference between the lower class limits of adjacent classes provides the a. class width. b. number of classes. c. class limits. d. class midpoint. 2. Suppose the growth chart at a pediatrician’s office is not hung correctly such that…

BA6933 Exercises

Assignment 1 – Task 1 Refer to the data set in Table 1.7 as shown below: Excel File: data01-05.xls a.  What is the average price for the cordless telephones (to 2 decimals)?A) 68.12 b.  What is the average talk time for the…

Statistics Quiz Solutions

  Five hundred residents of a city are polled to obtain information on voting intentions in an upcoming city election. The five hundred residents in this study is an example of a(n) a. population. b. observation. c. sample. d. census. The…

Chapter 6 Exercise Solutions

Question 1 Delta Airlines quotes a flight time of 2 hours, 5 minutes for its flights from Cincinnati to Tampa. Suppose we believe that actual flight times are uniformly distributed between 2 hours and 2 hours, 20 minutes. a.    Which of…

Chapter 4 Exercise Solutions

Question 1 In August 2012, tropical storm Isaac formed in the Caribbean and was headed for the Gulf of Mexico. There was an initial probability of .69 that Isaac would become a hurricane by the time it reached the Gulf…

Chapter 5 Exercise Solutions

Question 1 The 2003 Zagat Restaurant Survey provides food, decor, and service ratings for some of the top restaurants across the United States. For 15 top-ranking restaurants located in Boston, the average price of a dinner, including one drink and…

Chapter 6 Quiz

1. For a normal distribution, a negative value of z indicates a. a mistake has been made in computations, because z is always positive. b. the z is to the left of the mean. c. the z is to the right of the mean. d. the area corresponding…