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Statistics
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Understanding Business Statistics
Quiz 2: Descriptive Statistics I: Elementary Data Presentation and Description
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Question 1
True/False
A descriptive measure that is NOT measured in the same units as the original data is the variance.
Question 2
True/False
Since the population size is always larger than the sample size, a sample statistic can never be larger than the population parameter.
Question 3
True/False
If a distribution has a shape that is positively skewed, this means that it has an elongated tail that extends in the right-hand direction.
Question 4
True/False
The descriptive measures (mean, variance, and standard deviation) will yield different values for a relative frequency distribution versus a frequency distribution, for the same data set.
Question 5
True/False
In a cumulative frequency distribution, we can show directly the number of data set members at or below any specified value.
Question 6
True/False
In a bar chart, the height of the vertical bar represents the x value.
Question 7
True/False
On the horizontal axis of a bar chart, one places the frequency or the relative frequency (but only one).
Question 8
True/False
The range is the difference between the smallest and largest values in the data set.
Question 9
True/False
The median identifies the data set center by establishing a value such that at least half the numbers in the data set are at or above that value and at least half the numbers are at or below.