chap02-TIF-BSAFC5.docVIP

CHAPTER 2: PRESENTING DATA IN TABLES AND CHARTS TABLE 2-1 An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance. A representative from a local insurance agency selected a random sample of insured drivers and recorded, X, the number of claims each made in the last 3 years, with the following results. X f 1 14 2 18 3 12 4 5 5 1 Referring to Table 2-1, how many drivers are represented in the sample? 5 15 18 50 ANSWER: d TYPE: MC DIFFICULTY: Easy KEYWORDS: frequency distribution Referring to Table 2-1, how many total claims are represented in the sample? 15 50 111 250 ANSWER: c TYPE: MC DIFFICULTY: Moderate KEYWORDS: interpretation, frequency distribution A type of vertical bar chart in which the categories are plotted in the descending rank order of the magnitude of their frequencies is called a contingency table. Pareto diagram. dot plot. pie chart. ANSWER: b TYPE: MC DIFFICULTY: Easy KEYWORDS: Pareto diagram TABLE 2-2 At a meeting of information systems officers for regional offices of a national company, a survey was taken to determine the number of employees the officers supervise in the operation of their departments, where X is the number of employees overseen by each information systems officer. X f_ 7 5 11 8 9 Referring to Table 2-2, how many regional offices are represented in the survey results? 5 11 15 40 ANSWER: d TYPE: MC DIFFICULTY: Easy KEYWORDS: interpretation, frequency distribution Referring to Table 2-2, across all of the regional offices, how many total employees were supervised by those surveyed? 15 40 127 200 ANSWER: c TYPE: MC DIFFICULTY: Moderate KEYWORDS: interpretation, frequency distribution The width of each bar in a histogram corresponds to the differences between the boundaries of the class. number of observations in each class. midpoint of each class. percentage of observations in each class. ANSWER: a TYPE: MC DIFFICULTY: Easy KEYW