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Statistics
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Business Statistics
Quiz 4: Graphical Descriptive Techniques Numerical Data
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Question 21
True/False
The difference between a histogram and a bar chart is that the histogram represents numerical (quantitative) data while the bar chart represents nominal (categorical) data.
Question 22
True/False
The graphical format used to display the relationship between two numerical (quantitative) variables is the scatter diagram.
Question 23
True/False
A scatter diagram which has points widely dispersed, where no clear line is visible, indicates no linear relationship between the variables.
Question 24
True/False
A skewed histogram is one with a long tail extending either to the right or left. The former is called negatively skewed, and the latter is called positively skewed.
Question 25
True/False
In any relative frequency distribution, the sum of all the relative frequencies is always equal to 1.
Question 26
True/False
The lowest value in a set of data is 140, and the largest value is 270. If the resulting frequency distribution is to have ten classes of equal width, the common class width will be 27.
Question 27
True/False
The modal class (classes) of a frequency distribution is the class (are the classes) with the highest frequency.
Question 28
True/False
A list of share prices of 20 Australian companies at the end of a trading day would be an example of time-series data.
Question 29
True/False
Time-series data may be graphically depicted on a line chart or a bar chart.
Question 30
True/False
A cumulative frequency distribution presented in graphical form is called an ogive.
Question 31
True/False
A stem-and-leaf display describes two-digit integers between 20 and 70. For one of the classes displayed, the row appears as 4 | 2 5 6. The numerical values being described are 42, 45 and 46.
Question 32
True/False
If we draw a straight line through the points in a scatter diagram and most of the points fall relatively close to the line, we say that there is a linear relationship between the two variables.
Question 33
True/False
A frequency distribution shows the number of data values falling within each class.
Question 34
True/False
When choosing between a line chart and a bar chart to display a time-series of data, if the main objective is to display the overall general movement, or trend, in the time-series, a line chart is best.