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Statistics
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Business Statistics
Quiz 5: Numerical Descriptive Measures
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Question 41
True/False
Chebyshev's theorem states that the percentage of observations in a data set that should fall within 3 standard deviations of their mean is at least 88.9%.
Question 42
True/False
While Chebyshev's theorem applies to any distribution, regardless of shape, the empirical rule applies only to distributions that are bell-shaped and symmetrical.
Question 43
True/False
Chebyshev's theorem relates to only to symmetric histograms.
Question 44
True/False
The width of the box in a boxplot is the mean of the data set.
Question 45
True/False
A courier company is reviewing their delivery times. The following descriptive statistics relates to this courier company. The mean time for package delivery is 5 hours, the first quartile is 4 hours, the third quartile is 17 hours. This means that the median must lie between 4 hours and 17 hours.
Question 46
True/False
The boxplot may be used for ordinal data or numerical data.
Question 47
True/False
When the distribution is skewed, the interquartile range is a better measure of variability than the standard deviation.
Question 48
True/False
The empirical rule states that the percentage of observations in a data set (provided that the data set has a bell-shaped and symmetric distribution) that fall within one standard deviation of their mean is approximately 75%.