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Business Statistics Communicating with Numbers Study Set 1
Quiz 2: Tabular and Graphical Methods
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Question 81
Essay
The following table lists some of the busiest ports in the world based on the number of containers in 2010.
Question 82
Essay
Johnson and Johnson (JNJ)is a consumer staples company.Consumer staples are products people need and buy even during times of financial hardship.Do you think JNJ will have a volatile stock price? Does the accompanying graph accurately depict the volatility of JNJ stock? Explain.
Question 83
Essay
The following table shows analyst sentiment ratings for the 30 stocks listed in the Dow Jones Industrial Average.
Question 84
Essay
Each month the Bureau of Labor Statistics reports the number of people (in thousands)employed in the United States by age.The accompanying frequency distribution shows the results for August 2011 (Source: http://data.bls.gov/pdq/SurveyOutputServlet).
a.Construct a relative frequency distribution.What proportion of workers is between 20 and 24 years old? B)Construct a cumulative relative frequency distribution.What proportion of workers is younger than 35 years old? C)Construct a relative frequency histogram.
Question 85
Essay
The following table shows average wind speeds (in miles per hour)during 15 major fires in California.
Construct a stem-and-leaf diagram.Were most of these storms fueled by 45+ mile-per-hour winds? Explain.
Question 86
Essay
The dividend yields of the stocks in an investor's portfolio are shown in the following cumulative relative frequency distribution.
a.Construct an ogive. B)Approximately what percent of the stocks had a dividend yield of 3% or larger?
Question 87
Essay
The following data represent the ages of patients in the cardiac section of the local hospital.Construct a stem-and-leaf diagram.Comment on whether or not the distribution is symmetric. 48,53,60,61,62,63,70,70,72,77,78,79,80,82,87,88,90