BUS 80678

subject Type Homework Help
subject Pages 7
subject Words 1029
subject Authors Douglas Lind, Samuel Wathen, William Marchal

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page-pf1
The major advantage of ordinal data over nominal data is that it allows for
_________________.
What are the two population parameters that specify the location and dispersion for the
sampling distribution of the mean?
The American Auto Association reports the mean price per gallon of regular gasoline is
$3.10, with a population standard deviation of $0.20. Assume a random sample of 16
gasoline stations is selected and their mean cost for regular gasoline is computed. What
is the standard error of the mean in this experiment?
page-pf2
High school students were interested in a teacher's claim that the longer the length of
time (hours) that a student studies for a test, the higher the test score. The students
collected the data and the teacher did the regression analysis with the following results.
What is the coefficient of determination?
If a distribution is highly skewed, the measure of central location called the ________
should be avoided.
page-pf3
A population has a standard deviation of 25. We want to estimate the population mean
within 2, with a 95% level of confidence. How large a sample is required?
The difference between the population mean and a sample mean is called ________.
To calculate the sample size required to estimate a population mean, we must know or
estimate the ______________ of the population distribution.
page-pf4
In constructing a frequency polygon, class frequencies are scaled on the ______ axis.
What is the difference between a bar chart and a pie chart?
A ___________ is the best way to display the relationship between two variables
measured on an interval or ratio level.
page-pf5
The number of observations in each class of a frequency distribution is called a
________________________.
A manufacturer claims that less than 1% of all its products do not meet the minimum
government standards. A survey of 500 products revealed that 10 did not meet the
standard. If the level of significance is 2%, the critical value is _____.
page-pf6
What are the similarities and differences between the application of Chebyshev's
Theorem and the Empirical Rule?
A company's human resources department was interested in the average number of
years that a person works before retiring. The sample of size 11 follows:
What is the mode?
The test statistic used to compare two variances is the ___________ statistic.
page-pf7
The measure of central location with the smallest value in a positively skewed
distribution is the _________.

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