商务统计习题分析.docVIP

Practice Test 1 Business Statistics: Multiple Choice: Each is worth two points Identify the letter of the choice that best completes the statement or answers the question. **Skip 15-17,18,20 Ch10-12,13 Material ____ 1. The sum of the relative frequencies for all classes will always equal a. the sample size b. the number of classes c. one d. any value larger than one ____ 2. The interquartile range is a. the 50th percentile b. another name for the variance c. the difference between the largest and smallest values d. the difference between the third quartile and the first quartile ____ 3. The standard deviation of a sample of 100 observations equals 64. The variance of the sample equals a. 8 b. 10 c. 6400 d. 4,096 ____ 4. The numerical value of the standard deviation can never be a. larger than the variance b. zero c. negative d. smaller than the variance ____ 5. The set of all possible sample points (experimental outcomes) is called a. a sample b. an event c. the sample space d. a population ____ 6. A random variable that can assume only a finite number of values is referred to as a(n) a. infinite sequence b. finite sequence c. discrete random variable d. discrete probability function Exhibit 5-11 A local bottling company has determined the number of machine breakdowns per month and their respective probabilities as shown below: Number of Breakdowns Probability 0 0.12 1 0.38 2 0.25 3 0.18 4 0.07 ____ 7. Refer to Exhibit 5-11. The probability of at least 3 breakdowns in a month is a. 0.5 b. 0.10 c. 0.30 d. 0.90 ____ 8. A normal probability distribution a. is a continuous probability distribution b. is a discrete probability distribution c. can be either continuous or discrete d. must have a standard deviation of 1 Exhibit 6-6 The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation of $5,000. ____ 9. Refer to Exhibit 6-6. What percentag