QNT275 QNT 275 QNT 275 QNT 275

QNT/275
STATISTICS FOR DECISION

MAKING
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QNT 275 Week 1 Statistics in Business

Develop a 875-word response that addresses each of the following prompts:
Define statistics with citation and reference.
Contrast quantitative data and qualitative data. Use two Peer Reviewed
references.
Evaluate tables and charts used to represent quantitative and qualitative data.
Describe the levels of data measurement.
Describe the role of statistics in business decision-making.
Provide at least two business research questions, or problem situations, in which

statistics was used or could be used.
Use two peer reviewed references.
Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
QNT 275 Week 1 Practice Set

Chapter 01, Section 1.3, Problem 008a
Correct.
Indicate if the following variable is quantitative or qualitative.
The amount of time a student spent studying for an exam is a
variable.
Chapter 01, Supplementary Exercises, Problem 043a
Correct.
State whether the following is an example of sampling with

replacement or without replacement.
Selecting 60 patients out of 100 to test a new drug is sampling
replacement.
8th-ed Chapter 01, Section 1.2, Problem 006a
Correct.
Explain whether the following constitutes a population or a sample.
Opinions on a certain issue obtained from all adults living in a city

constitute a
8th-ed Chapter 01, Section 1.3, Problem 009

The following table gives the number of dog bites reported to the
police last year in six cities.
City Number of Bites

Center City 19
Elm Grove38
Franklin 36
Bay City 33
Oakdale 38
Sand Point 53
With reference to this table, what is 38?

a measurement
a data set
a member
a variable
Correct.
The following table gives the number of dog bites reported to the
police last year in six cities.
City Number of Bites
Center City 46
Elm Grove30
Franklin 51
Bay City 41
Oakdale 11
Sand Point 5
a. What is the variable for this data set?
The variable for this data set is the
.
b. How many observations are in this data set?
There is/are observation(s) in this data set.

c. How many elements does this data set contain?
There is/are element(s) in this data set.
Correct.
Classify the following quantitative variable as discrete or continuous.
The amount of gasoline put into a car at a gas station is a
variable.
Correct.
Classify the following as cross-section or time-series data.
The average prices of houses in 500 cities is
data.
Correct.
The following table lists six pairs of m and f values.

m 5 4 23 11 11 19
f 15 10 16 7 3 13
Calculate the value of the following: f=
exact number, no tolerance
Correct.
Nine randomly selected customers at a local fast-food restaurant

ordered meals having the following calorie counts: 975, 520, 1560,
872, 1025, 431, 361, 502, and 1118. Let y denote the calorie
content of a meal ordered at this restaurant. Find the following sum.
y=
QNT 275 Week 1 Quiz

Chapter 01, Testbank, Question 002
Your answer is correct.

Under inferential statistics, we study
how a sample is taken from a population
the methods to make decisions about one or more populations

based on sample results
tables composed of summary measures
how to make decisions about a mean, median, or mode
Classify the variable as discrete or continuous.
Duration of your last 30 cell phone calls.
An independent group wants to determine if the consumption of

gasoline has increased due to changes in price. The group randomly
selects 320 gas stations from 12 different states and collects data
from the month of the year when gas is the cheapest and from the
month of the year when gas is the most expensive. The data shows
no significant difference in gas consumption between the two
months.
In this example, what is the variable being studied?
The 320 gas stations chosen.
The price of gasoline.
The consumption of gasoline.

The 12 different states.
Chapter 02, Testbank, Question 046-051

The following table gives the frequency distribution of the number of
telephones owned by a sample of 50 households selected from a
city.
Number of Telephones Owned f
0 2
1 19
2 14
3 3
4 12
The relative frequency of the second class, rounded to two decimal

places, is:
The number of households which own more than one telephone is:
The percentage of households which own three or more telephones

is:
%
The number of households which own one or two telephones is:
The percentage of households which do not own a telephone is:
The number of classes for this frequency distribution table is:

A data set on money spent on lottery tickets during the past year by
200 households has a lowest value of $1 and a highest value of
$1640. Suppose we want to group these data into 6classes of equal
widths.
Assuming we take the lower limit of the first class as $1 and the
width of each class equal to $300, write the class limits for all six
classes.
Number of Class Lower Limit Upper Limit

1 1 300
2 301 600
3 601 900
4 901 1200
5 1201 1500
6 1501 1640
1 1 299
2 300 599
3 600 899
4 900 1199
5 1200 1499
6 1500 1640

1 1 299
2 300 599
3 600 899
4 900 1199
5 1200 1499
6 1500 1799

1 1 300
2 300 600
3 600 900
4 900 1200
5 1200 1500
6 1500 1800

1 1 300
2 301 600
3 601 900
4 901 1200
5 1201 1500
6 1501 1800

The following table shows the countries whose teams have won the
UEFA Champions League.
Country Frequency
Spain 12
England 11
Italy 11
Germany 6
Portugal 4
Other 10
a) Calculate the relative frequency of each country. Round your

answers to three decimal places.
Spain:
England:
Italy:
Germany:
Netherlands:
Other:
b) Select the pie chart that better describes the data.
I II III
QNT 275 Week 2 Learning Team Charter Assignment

Develop a 150- to 200-word individual response to the following:
Consider the multiple definitions of collaboration.
Define collaboration and how you will apply it in this course based upon the discussion
with your Learning Team. Be sure to reference and cite your sources.
Answer the question individually.
QNT 275 Week 2 Mini-Project 3-2

You are employed as a statistician for a company that makes household products, which
are sold by part-time salespersons who work during their spare time. The company has
four salespersons employed in a small town. Let us denote these salespersons by A, B,
C, and D.
The sales records (in dollars) for the past 6 weeks for these four salespersons are shown
in the table below.
Week A B C D
1 1774 2205 1330 1402
2 1808 1507 1295 1665
3 1890 2352 1502 1530
4 1932 1939 1104 1826
5 1855 2052 1189 1703
6 1726 1630 1441 1498
Your supervisor has asked you to prepare a brief report comparing the sales volumes
and the consistency of sales of these four salespersons.
Use the mean sales for each salesperson to compare the sales volumes.
Choose an appropriate statistical measure to compare the consistency of sales.

Make the calculations and write a 700-word report comparing the sales volumes and the
consistency of sales of these four salespersons.

Chapter 03, Section 3.1, Problem 009
Correct.
The following data set belongs to a population:

42201015127
Calculate the mean, median, and mode.
Round your answers to two decimal places if it is necessary.
Mean =
Median =
Mode =
Correct.
The following data give the prices of seven textbooks randomly

selected from a university bookstore.
$85 $173 $105 $122 $51 $156 $141
a. Find the mean for these data. Calculate the deviations of the data
values from the mean. Is the sum of these deviations zero?
Mean = $
Deviation from the mean for $173 = $
Sum of these deviations = $
b. Calculate the range, variance, and standard deviation. [Round
your answers to 2 decimal places.]
Range = $
Variance =
Standard deviation = $
The one-way commuting times from home to work for all employees
working at a large company have a bell-shaped curve with a mean
of 32 minutes and a standard deviation of 9 minutes. Using the
empirical rule, find the approximate percentages of the employees
at this company who have one-way commuting times in the
following intervals.
a. 5 to 59 minutes
%
b. 23 to 41 minutes
%
c. 14 to 50 minutes
Correct.
The following data give the speeds of 13 cars, measured by radar,

traveling on I-84.
73 75 69 68 78 69 74
77 72 83 63 77 71
Find the values of the three quartiles and the interquartile range.
Q1=
Q2=
Q3=
IQR= 8

The following data give the 2015 bonuses (in thousands of dollars)
of 15 randomly selected Wall Street managers.
107 122 163 95 48 347 75 273
60 786 127 203 402 239 71
Prepare a box-and-whisker plot.
QNT 275 Week 2 Quiz

The following data show the method of payment by 16 customers in
a supermarket checkout line. Here, C refers to cash, C K to check, CC
to credit card, and D to debit card, and O stands for other.
C O CK D CC D D CK
CC CC D CC CC O O O
Correct.
a. Prepare a frequency distribution table.

Category Frequency
C
CK
CC

The following data give the number of turnovers (fumbles and
interceptions) made by both teams in each of the football games
played by North Carolina State University during the 2014 and 2015
seasons.
2 3 1 1 6 5 3 5 5 1 5 2 1
5 3 4 4 5 8 4 5 2 2 2 6
Correct.
a. Construct a frequency distribution table for these data using

single-valued classes.
b. Calculate the relative frequency and percentage for each class.
Round your answers for relative frequencies to three decimal places

and your answers for percentages to one decimal place.
Turnovers FrequencyRelative Frequency Percentage

1
The following data give the times (in minutes) taken by 50 students
to complete a statistics examination that was given a maximum
time of 75 minutes to finish.
41 28 45 60 53 69 70 50 63 68
37 44 42 38 74 53 66 65 52 64
26 45 66 35 43 44 39 55 64 54
38 52 59 72 67 65 43 65 68 27
64 48 71 75 46 69 57 73 53 72
a. Prepare a stem-and-leaf display for these data. Arrange the
leaves for each stem in increasing order. Type only digits (without
spaces, commas, etc).
2
b. Prepare a split stem-and-leaf display for the data. Split each stem
into two parts. The first part should contain the leaves 0, 1, 2, 3, and
4, and the second part should contains the leaves 5, 6, 7, 8, and 9.
Type only digits (without spaces, commas, etc).
2
3
3
c. Which display (the one in part a or the one in part b) provides a

better representation of the features of the distribution?
The following data give the times (in minutes) taken by 50 students
to complete a statistics examination that was given a maximum
time of 75 minutes to finish.
41 28 45 59 53 69 70 51 63 68
37 44 42 38 74 53 66 65 52 64
26 45 66 34 43 44 39 55 64 54
38 52 58 72 67 65 43 65 68 27
64 50 71 75 45 69 56 73 53 72
Create a dotplot for these data.
Chapter 02, Section 2.2, Intelligent Tutoring Question 011

The following table gives the frequency distribution of the gallons of
gasoline purchased by all customers on one day at a certain gas
station.
Find a cumulative frequency distribution, the cumulative relative

frequency and cumulative percentage for each class.
What is the cumulative frequency for "0 to less than 16" ?
Click if you would like to Show Work for this question: Open Show
Work
LINK TO TEXT
Attempts: 1 of 3 used
Find the cumulative relative frequency for "0 to less than 12".
Round answer to three decimal places.

Work
LINK TO TEXT
What is the cumulative percentage for "0 to less than 20"?
%
Round answer to one decimal place.
Work
LINK TO TEXT
Using similar calculations to the steps above, find the percentage of

customers who purchased less than 8 gallons.
%
Round answer to one decimal place.
Work
Chapter 02, Section 2.1, Additional Question 005
Correct.
Use the following data to construct a frequency table, using classes

of [60, 65), [65, 70), etc.
86 90 79 82 86 95 91 90
88 92 93 80 92 95 64 90
Frequency table:
Class Interval Frequency
[60, 65)
[65, 70)
[70, 75)
[75, 80)
[80, 85)
[85, 90)
[90, 95)
[95, 100)
Correct.
Find the histogram that better describes the data.

Value x FrequencyRelative Frequency
1 5 0.28
2 2 0.11
3 4 0.22
4 4 0.22
5 3 0.17
Total 18 1.000
I II III
Correct.
The following data set belongs to a population:

5430914129
Calculate the mean, median, and mode.
Round your answers to two decimal places if it is necessary.
Mean =
Median =
Mode =
Correct.
The mean age of six persons is 48 years. The ages of five of these
six persons are 62, 40, 36, 46, and 44 years.
Find the age of the sixth person.
years

Your answer is partially correct.
Using the sample formulas, find the mean, variance, and standard
deviation for the grouped data displayed in the following table.
x f
0 to less than 4 19
4 to less than 8 21
8 to less than 12 16
Carry out all calculations exactly, round to 2 decimal places the final
answers only.
Mean =
Variance =
Standard deviation =
QNT 275 Week 3 Business Decision Making Project

Part 1
Identify a business problem or opportunity at a company where you work or with which
you're familiar. This will be a business problem that you use for the individual
assignments in Weeks 3 to 5. It should be a problem/opportunity for which gathering and
analyzing some type of data would help you understand the problem/opportunity better.
Identify a research variable within the problem/opportunity that could be measured with
some type of data collection.
Consider methods for collecting a suitable sample of either qualitative or quantitative

data for the variable.
Consider how you will know if the data collection method would be valid and reliable.
Develop a 1,050-word analysis to describe a company, problem, and variable.
Include in your submission:
Identify the name and description of the selected company.
Describe the problem at that company.
Identify one research variable from that problem.
Describe the methods you would use for collecting a suitable sample of either
qualitative or quantitative data for the variable (Note: do not actually collect any
data).
Analyze how you will know if the data collection method would generate valid and
reliable data (Note: do not actually collect any data).

Correct.
In a group of adults, some own iPads, and others do not. Indicate

whether the following is a simple or a compound event. Assume two
persons are selected randomly.
One person has an iPad and the other does not.
Chapter 04, Section 4.1, Problem 009b
Correct.

At least one person has an iPad.
Chapter 04, Section 4.1, Problem 009c
Correct.

Not more than one person has an iPad.

Chapter 04, Section 4.1, Problem 009d
Correct.

The first person has an iPad and the second does not.
Correct.
A random sample of 1605 adults showed that 632 of them have

shopped at least once on the Internet. What is the (approximate)
probability that a randomly selected adult has shopped on the
Internet?
Round your answer to three decimal places.
the tolerance is +/-2%
Six hundred adults were asked whether or not they watch for
calories and fat content when they buy groceries. The following
table gives the two-way classification of their responses, where yes
means that an adult watches for calories and fat content and no
means he/she does not watch.
Yes No No Opinion
Men 75 169 56
Women 104 126 70
Give exact answers in fraction form.
a. If one adult is randomly selected from these 600 adults, find the
probability that this adult
i. is a man
Probability =
ii. does not watch for calories and fat content

Probability =
iii. watches for calories and fat content given that this adult is a
woman
Probability =
iv. is a man given that this adult has no opinion

Probability =
b. Are events men and yes mutually exclusive?
What about yes and no opinion?
c. Are events men and no independent?
Chapter 05, Section 5.2, Problem 07d
Correct.
The following table gives the probability distribution of a discrete

random variable x.
x 0 1 2 3 4 5 6
P(x) 0.12 0.18 0.28 0.15 0.12 0.07 0.08
Find P(1x4).
P(1x4)=
Correct.
The H2 Hummer limousine has eight tires on it. A fleet of 1214 H2

limos was fit with a batch of tires that mistakenly passed quality
testing. The following table lists the frequency distribution of the
number of defective tires on the 1214 H2 limos.
Number of defective tires 0 1 2 3 4 5 6 7 8

Number of H2 limos 55 209 347 301 203 75 17 4 3
Construct a probability distribution table for the numbers of

defective tires on these limos.
Round your answers to three decimal places.
x P(x)
0
Calculate the mean and standard deviation for the probability

distribution you developed for the number of defective tires on all
1214 H2 Hummer limousines.
Round your answers to three decimal places.
There is an average of defective tires per limo, with a standard

deviation of tires.
QNT 275 Week 3 Quiz

Which of the following values cannot be probabilities of events?
15 0.94 -0.55 1.57 53 0.0 -27 1.0
Select all that apply.
-27
53
0.0
1.0
15
0.94
-0.55
1.57

The president of a company has a hunch that there is a 0.30
probability that the company will be successful in marketing a new
brand of ice cream. Is this a case of classical, relative frequency, or
subjective probability?
Relative frequency probability
Subjective probability
Classical probability
Correct.
A regular, six-sided die is rolled once.
Round your answers to four decimal places.
a. What is the probability that a number less than 3 is obtained?
P(a number less than 3 is obtained)=

b. What is the probability that a number 2 to 5 is obtained?
P(a number 2 to 5 is obtained)=

Correct.
A random sample of 1115 adults showed that 539 of them have

shopped at least once on the Internet. What is the (approximate)
probability that a randomly selected adult has shopped on the
Internet?
Correct.
Classify the following random variable as discrete or continuous.

The time left on a parking meter.
Correct.
Classify the following random variable as discrete or continuous.

The number of bats broken by a major league baseball team in a
season.
Correct.
The following table gives the probability distribution of a discrete

random variable x.
x 0 1 2 3 4 5 6
P(x) 0.12 0.19 0.30 0.15 0.11 0.09 0.04
Find P(x2).
P(x2)=
Select each of the following experiments that are binomial
experiments.
Drawing 3 balls with replacement from a box that contains 13 balls,

6 of which are red and7 are blue, and observing the colors of the
drawn balls.
Selecting a few households from New York City and observing

whether or not they own stocks when it is known that 30% of all
households in New York City own stocks.
Drawing 3 balls without replacement from a box that contains 13

balls, 6 of which are red and 7 are blue, and observing the colors of
the drawn balls.
Correct.
A hat contains 30 marbles. Of them, 17 are red and 13 are green. If

one marble is randomly selected out of this hat, what is the
probability that this marble is green?
Round your answer to two decimal places.
P(A)=
Correct.
A statistical experiment has eight equally likely outcomes that are

denoted by 1,2,3,4,5,6,7, and 8. Let event A={2,5,7} and event
B={2,4,8}.
The events A and B
mutually exclusive events.

Part 2
Use the same business problem/opportunity and research variable you wrote about in
Week 3.
Remember: Do not actually collect any data; think hypothetically.
Develop a 1,050-word report in which you:
Identify the types of descriptive statistics that might be best for summarizing the
data, if you were to collect a sample.
Analyze the types of inferential statistics that might be best for analyzing the data,
if you were to collect a sample.
Analyze the role probability or trend analysis might play in helping address the
business problem.
Analyze the role that linear regression for trend analysis might play in helping
address the business problem.
Analyze the role that a time series might play in helping address the business
problem.

Correct.
Find the area under the standard normal curve between z=-1.53 and
z=2.37.
Round your answer to four decimal places.
A=
Correct.
Obtain the area under the standard normal curve to the right of
z=1.37.

A=
Correct.
Find the z value for x=33 for a normal distribution with =30 and
=5.
Enter the exact answer.
z=
Chapter 06, Section 6.2, Intelligent Tutoring Problem 023

Compute probabilities.
Recall the following definitions from section 6.4 of the text.

The area under the normal curve from x = a to x = b with given
mean and standard deviation is the probability that x assumes a
value between x = a and x = b. If we are using Table IV in Appendix
C, we need to standardize the random variable x using the formula z
= (x )/, before using the table.
Alternatively, you may use a graphing calculator to obtain more
accurate calculations without standardizing the random variable x.
For example, using a TI83 plus we calculate the area under the
normal curve from x = a to x = b by using the
normalcdf(a,b,,)
where is the mean and is the standard deviation of the normal
distribution. We use 1E99 for and 1E99 for , if needed.
Let x be a continuous random variable that is normally distributed

with a mean of 24 and a standard deviation of 5.
Round your answers to two decimal places.
(a) Standardize the variable value x = 26.9.
z=
(b) Standardize the variable value x = 49.0.
z=
SHOW ANSWER
LINK TO TEXT
Let x be a continuous random variable that is normally distributed

with a mean of 24 and a standard deviation of 5.
(a) Write a cumulative probability statement for the area under the
normal curve to find the probability that x assumes a value between
26.9 and 49.0:
(b) Write an equivalent standardized probability statement for (a)

above using the results obtained in the previous step:
SHOW ANSWER
LINK TO TEXT
Compute the following probability. Round your answer to four

decimal places.
Area under normal curve between x = 26.9 and x = 49.0 is given by
P(26.9 < x < 49.0) = P( 0.58 < z < 5) =
SHOW ANSWER
LINK TO TEXT
Now, if the mean is 26 and the standard deviation is 6, find the

probability that x assumes a value between 29.5 and 56.0.
The probability =
Chapter 07, Section 7.1, Video Quiz 1
Please view the following video before answering this question.

Distribution of the Sample Mean
The 5 ages of the population have one mean. However, when
looking at the 10 samples of 3 of those means, there are 10 means
one for each sample. State the symbols for the one mean and then
the 10 means.
, x.
x, x.
x, .
, .
QNT 275 Week 4 Quiz

A continuous random variable is a random variable that can:
assume no continuous random frequency
assume any value in one or more intervals
have no random sample
assume only a countable set of values
Which of the following is not a characteristic of the normal

distribution?
The value of the mean is always greater than the value of the
standard deviation
The curve is symmetric about the mean
The two tails of the curve extend indefinitely

The total area under the curve is 1.0
The total area under a normal distribution curve to the left of the
mean is always:
greater than .5
equal to zero
equal to 1
equal to 0.5
For the standard normal distribution, the mean is:
1 and the standard deviation is 1
0.5 and the standard deviation is 0.5
1 and the standard deviation is zero
zero and the standard deviation is 1
For the standard normal distribution, the area between z = 0 and z

= 2.94, rounded to four decimal places, is:

For the standard normal distribution, the area to the right of z =

-2.12, rounded to four decimal places, is:
For the standard normal distribution, the area between z = 0.24 and
z = 1.03, rounded to four decimal places, is:

The GMAT scores of all examinees who took that test this year
produce a distribution that is approximately normal with a mean of
420 and a standard deviation of 34.
The probability that the score of a randomly selected examinee is
between 400 and 480, rounded to four decimal places, is:
less than 370, rounded to four decimal places, is:
more than 530, rounded to four decimal places, is:

Part 3
Prepare an 11- to 15-slide Microsoft PowerPoint presentation for the senior
management team based on the business problem or opportunity you described in
Weeks 3 and 4.
Include on the slides what you would want the audience to see (include appropriate
visual aids/layout). In the Speaker Notes section, include what you would say as you
present each slide. If any source material is quoted or paraphrased in the presentation,
use APA citations and references.
Draw on material you developed in the Week 3 and 4 assignments.
Include the following in your presentation:
Introduction slide
Agenda slide
Describe the organization, with a brief description
Explain the business problem or opportunity
Analyze why the business problem is important
Identify what variable would be best to measure for this problem and explain why
Apply data analysis techniques to this problem (tell which techniques should be
used: descriptive stats, inferential stats, probability, time series) and explain why
Apply a possible solution to the problem/opportunity, with rationale
Evaluate how data could be used to measure the implementation of such a

solution
Conclusion
References slide (if any source material is quoted or paraphrased throughout the
presentation)
QNT 275 Week 5 Quiz

Correct.
Find z for a 90% confidence level.
Round your answer to two decimal places.
z=
For a data set obtained from a sample, n=80 and x=46.55. It is

known that =3.9.
a. What is the point estimate of ?
The point estimate is .
b. Make a 97% confidence interval for .
( , )
c. What is the margin of error of estimate for part b?
E=
Correct.
Determine the sample size for the estimate of for the following.
E=2.4, =12.35, confidence level=99%.
Round your answer to the nearest integer.

n=
Correct.
For the following, find the area in the appropriate tail of the t
distribution.
t=1.711 and n=25.
Round your answer to 3 decimal places.
Area in the
tail is
Correct.
Which of the following is a left-tailed test?
H0: =101, H1: <101
H0: =48, H1: 48
H0: =73, H1: >73
Correct.
Write the null and alternative hypotheses for the following example.
Determine if the example is a case of a two-tailed, a left-tailed, or a
right-tailed test.
To test if the mean length of experience of airport security guards is
different from 3 years.
H0: 3 years, H1: =3 years, right-tailed test
H0: =3 years, H1: 3 years, two-tailed test
H0: =3 years, H1: <3 years, left-tailed test
H0: =3 years, H1: >3 years, right-tailed test
H0: 3 years, H1: >3 years, two-tailed test
Chapter 09, Section 9.2, Problem 014c
Correct.
Consider H0: =38 versus H1: >38. A random sample of 35

observations taken from this population produced a sample mean of
40.26. The population is normally distributed with =7.2.
Calculate the p-value. Round your answer to four decimal places.
p=
Correct.
A random sample of 125 observations produced a sample mean of

31. Find the critical and observed values of z for the following test of
hypothesis using =0.01. The population standard deviation is
known to be 5 and the population distribution is normal.
H0: =28 versus H1: 28.
zcritical left =
zcritical right =
zobserved =
Correct.
The manufacturer of a certain brand of auto batteries claims that

the mean life of these batteries is 45 months. A consumer
protection agency that wants to check this claim took a random
sample of 24 such batteries and found that the mean life for this
sample is 43.05 months. The lives of all such batteries have a
normal distribution with the population standard deviation of 4.5
months.
Test the hypothesis H0: =45 months versus H1: <45 months
using the critical-value approach and =0.1.
H0 is
Chapter 01, Section 1.3, Video Quiz 2
Please view the following video before answering this question.

Soda with Callouts
The number of sodas is what type of data?
Discrete.
Continuous.
QNT 275 Week 5 Final Exam

A quantitative variable is the only type of variable that can:
have no intermediate values
assume numeric values for which arithmetic operations make sense
be graphed
be used to prepare tables
A qualitative variable is the only type of variable that:
can assume numerical values
cannot be graphed
can assume an uncountable set of values
cannot be measured numerically
Correct.
The following table gives the cumulative frequency distribution of

the commuting time (in minutes) from home to work for a sample of
400 persons selected from a city.
Time (minutes) f
The sample size is:
The percentage of persons who commute for less than 30 minutes,

rounded to two decimal places, is:
%
The cumulative relative frequency of the fourth class, rounded to
four decimal places, is:
The percentage of persons who commute for 40 or more minutes,

%
The percentage of persons who commute for less than 50 minutes,
%
The number of persons who commute for 20 or more minutes is:
The temperatures (in degrees Fahrenheit) observed during seven

days of summer in Los Angeles are:
78,99,68,91,97,75,85
The range of these temperatures is:
The variance of these temperatures, rounded to three decimals, is:
The standard deviation, rounded to three decimals, of these

temperatures is:

The following table gives the two-way classification of 500 students

based on sex and whether or not they suffer from math anxiety.
Suffer From Math Anxiety
Sex Yes No
Male 151 89
Female 184 76
If you randomly select one student from these 500 students, the
probability that this selected student is a female is: (round your
answer to three decimal places, so 0.0857 would be 0.086)
probability that this selected student suffers from math anxiety is:
(round your answer to three decimal places, so 0.0857 would be
0.086)
probability that this selected student suffers from math anxiety,
given that he is a male is: (round your answer to three decimal
places, so 0.0857 would be 0.086)
probability that this selected student is a female, given that she
does not suffer from math anxiety is: (round your answer to three
decimal places, so 0.0857 would be 0.086)
Which of the following pairs of events are mutually exclusive?
Male and no
No and yes
Male and yes
Female and yes
Female and male
Female and no
Are the events "Has math anxiety" and "Person is female"
independent or dependent? Detail the calculations you performed to
determine this.
dependent
For the probability distribution of a discrete random variable x, the

sum of the probabilities of all values of x must be:
equal to 1
equal to zero
in the range zero to 1
equal to 0.5
The following table lists the probability distribution of a discrete

random variable x:
x 2 3 4 5 6 7 8
P(x) 0.15 0.3 0.24 0.13 0.1 0.06 0.02
The mean of the random variable x is:
The standard deviation of the random variable x, rounded to three

decimal places, is:
Your answer is incorrect. Try again.
The daily sales at a convenience store produce a distribution that is

approximately normal with a mean of 1270 and a standard deviation
of 136.
The probability that the sales on a given day at this store are more
than
1,405, rounded to four decimal places, is:
The probability that the sales on a given day at this store are less
than
1,305, rounded to four decimal places, is:
The probability that the sales on a given day at this store are
between
1,200 and 1,300, rounded to four decimal places, is:
The width of a confidence interval depends on the size of the:
population mean
margin of error
sample mean
none of these
A sample of size 67 from a population having standard deviation

= 41 produced a mean of 248.00. The 95% confidence interval for
the population mean (rounded to two decimal places) is:
The lower limit is
The upper limit is
Your answer is incorrect.
The null hypothesis is a claim about a:
population parameter, where the claim is assumed to be true until it

is declared false
population parameter, where the claim is assumed to be false until

it is declared true
statistic, where the claim is assumed to be false until it is declared

true
statistic, where the claim is assumed to be true until it is declared

false
The alternative hypothesis is a claim about a:
statistic, where the claim is assumed to be true if the null

hypothesis is declared false
population parameter, where the claim is assumed to be true if the

null hypothesis is declared false
statistic, where the claim is assumed to be false until it is declared

true
population parameter, where the claim is assumed to be true until it

is declared false
In a one-tailed hypothesis test, a critical point is a point that divides

the area under the sampling distribution of a:
statistic into one rejection region and one nonrejection region
population parameter into one rejection region and one nonrejection

region
statistic into one rejection region and two nonrejection regions
population parameter into two rejection regions and one

nonrejection region
In a two-tailed hypothesis test, the two critical points are the points
that divide the area under the sampling distribution of a:
statistic into two rejection regions and one nonrejection region
statistic into one rejection region and two nonrejection regions
population parameter into two rejection regions and one

nonrejection region
population parameter into one rejection region and one nonrejection

region
In a hypothesis test, a Type I error occurs when:
a true null hypothesis is rejected
a false null hypothesis is rejected
a false null hypothesis is not rejected
a true null hypothesis is not rejected

Correct answer. Your answer is correct.
In a hypothesis test, a Type II error occurs when:
Entry field with correct answer

a false null hypothesis is not rejected
a true null hypothesis is rejected
a true null hypothesis is not rejected
a false null hypothesis is rejected

Correct answer. Your answer is correct.
In a hypothesis test, the probability of committing a Type I error is

called the:
Entry field with correct answer
confidence interval
significance level
beta error
confidence level

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STATISTICS FOR DECISION

The Latest Version A+ Study Guide

QNT 275 Week 1 Statistics in Business

Define statistics with citation and reference.

Describe the levels of data measurement.

Describe the role of statistics in business decision-making.

Provide at least two business research questions, or problem situations, in which

Use two peer reviewed references.

Format your assignment consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

QNT 275 Week 1 Practice Set

The amount of time a student spent studying for an exam is a

Chapter 01, Supplementary Exercises, Problem 043a

State whether the following is an example of sampling with

Selecting 60 patients out of 100 to test a new drug is sampling

8th-ed Chapter 01, Section 1.2, Problem 006a

Explain whether the following constitutes a population or a sample.

Opinions on a certain issue obtained from all adults living in a city

8th-ed Chapter 01, Section 1.3, Problem 009

City Number of Bites

With reference to this table, what is 38?

8th-ed Chapter 01, Section 1.3, Problem 011

The variable for this data set is the

There is/are observation(s) in this data set.

There is/are element(s) in this data set.

8th-ed Chapter 01, Section 1.4, Problem 017

Classify the following quantitative variable as discrete or continuous.

The amount of gasoline put into a car at a gas station is a

Classify the following as cross-section or time-series data.

The average prices of houses in 500 cities is

8th-ed Chapter 01, Section 1.7, Problem 023a

The following table lists six pairs of m and f values.

8th-ed Chapter 01, Section 1.7, Problem 028a

Nine randomly selected customers at a local fast-food restaurant

QNT 275 Week 1 Quiz

Your answer is correct.

how a sample is taken from a population

the methods to make decisions about one or more populations

tables composed of summary measures

how to make decisions about a mean, median, or mode

Chapter 01, Testbank, Question 046

Your answer is correct.

Classify the variable as discrete or continuous.

Duration of your last 30 cell phone calls.

Chapter 01, Testbank, Question 048

Your answer is correct.

An independent group wants to determine if the consumption of

In this example, what is the variable being studied?

The 320 gas stations chosen.

The price of gasoline.

The consumption of gasoline.

Chapter 02, Testbank, Question 046-051

The relative frequency of the second class, rounded to two decimal

The percentage of households which own three or more telephones

The percentage of households which do not own a telephone is:

The number of classes for this frequency distribution table is:

Chapter 02, Section 2.2, Problem 012a

Number of Class Lower Limit Upper Limit

Number of Class Lower Limit Upper Limit

Number of Class Lower Limit Upper Limit

Number of Class Lower Limit Upper Limit

Chapter 02, Testbank, Question 090