QNT 275 Week 2 Practice Set

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QNT 275 Week 2 Practice Set
QNT 275 Week 2 Practice Set
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QNT 275 Week 2 Practice Set

Chapter 03, Section 3.1, Problem 009

 

Correct.

 

The following data set belongs to a population:

4−220−1015127

 

Calculate the mean, median, and mode.

 

Round your answers to two decimal places if it is necessary.

 

Mean =

 

Median =

 

Mode =

 

 

 

 

 

 

 

Chapter 03, Section 3.2, Problem 033

 

Correct.

 

The following data give the prices of seven textbooks randomly selected from a university bookstore.

$85 $173      $105      $122      $51 $156      $141

  1. 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 = $

  1. Calculate the range, variance, and standard deviation. [Round your answers to 2 decimal places.]

Range = $

Variance =

Standard deviation = $

 

 

 

 

 

 

Chapter 03, Section 3.4, Problem 063

 

Your answer is correct.

 

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.

  1. 5 to 59 minutes

 

%

  1. 23 to 41 minutes

 

%

  1. 14 to 50 minutes

 

%

 

 

 

 

 

 

Chapter 03, Section 3.5, Problem 069a

 

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

 

 

 

 

Chapter 03, Section 3.6, Problem 077

 

Your answer is correct.

 

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.