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Research Methods and Methodology in Finance and Accounting
Quiz 5: Data Organization and Descriptive Statistics
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Question 21
Multiple Choice
If Joe scored 25 on a test with a mean of 20 and a standard deviation of 5 what is his z-score?
Question 22
Multiple Choice
Faculty in the psychology department at State University consume an average of 5 cups of coffee per day with a standard deviation of 1.5. The distribution is normal. What proportion of faculty consumes an amount between 4 and 6 cups?
Question 23
Essay
Draw the frequency polygon for the following distribution (there are 30 scores in the distribution). In addition, calculate the mean, median, and mode for the distribution. 48, 50, 53, 59, 59, 63, 63, 67, 67, 67, 72, 72, 72, 78, 78, 78, 78, 85, 85, 85, 85, 85, 90, 90, 90, 90, 95, 95, 98, 100
Question 24
Essay
Explain the difference in proper use between a bar graph and a histogram.
Question 25
Multiple Choice
A z-score is most affected by the
Question 26
Multiple Choice
The calculation of the average deviation differs from the calculation of the standard deviation in that when calculating the average deviation the difference scores are
Question 27
Essay
Explain the difference between qualitative and quantitative variables noting the relationship of nominal, ordinal, interval, and ratio data to these terms.
Question 28
Multiple Choice
Which of the following is FALSE?
Question 29
Multiple Choice
Imagine that distribution A contains the following scores: 3, 4, 5, 6, 7. Imagine that distribution B contains the following scores: 1, 3, 5, 8, 10. Distribution A has a _____ standard deviation and a _____ average deviation in comparison to distribution B.
Question 30
Multiple Choice
Faculty in the psychology department at State University consume an average of 5 cups of coffee per day with a standard deviation of 1.5. The distribution is normal. What is the percentile rank for an individual who consumed 8 cups of coffee per day?
Question 31
Multiple Choice
Approximately what percentage of scores are between z=1 and z=2?
Question 32
Multiple Choice
Karen's first psychology exam score is ‑1 standard deviation from the mean in a normal distribution. The test has a mean of 75 and a standard deviation of 5. Karen's percentile rank would be
Question 33
Multiple Choice
Which of the following is a disadvantage of using the range as a measure of variation?
Question 34
Multiple Choice
If the average height for women is normally distributed with a mean of 65 inches and a standard deviation of 2.5 inches, then approximately 95% of all women should be between _____ and _____ inches in height.
Question 35
Multiple Choice
If the shape of a frequency distribution is lopsided, with a long tail projecting longer to the right than to the left, how would the distribution be skewed?
Question 36
Multiple Choice
Sue took a test in both biology and math last week. The biology test had a mean of 70 and a standard deviation of 7 whereas the math test had a mean of 75 and a standard deviation of 10. Sue scored a 76 on the biology test and a 76 on the math test. On which test did she do better in comparison to the rest of the class?
Question 37
Multiple Choice
Rich's first psychology exam score is +1 standard deviation from the mean in a normal distribution. The test has a mean of 60 and a standard deviation of 6. Rich's percentile rank would be approximately