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● Question 1

5 out of 5 points

The chancellor of a major university was concerned about alcohol abuse on her campus and
wanted to find out the proportion of students at her university who visited campus bars on
the weekend before the final exam week. Her assistant took a random sample of 250
students. The answer on "How many times you visited campus bars during the week before
the final exam week" from students in the sample is an example of

● Question 2
5 out of 5 points

The manager of the customer service division of a major consumer electronics company is
interested in determining whether the customers who have purchased a Blu-ray player made
by the company over the past 12 months are satisfied with their products. The possible
responses to the question "Have you ever used any Blu-ray players made by other
manufacturers?" are values from a

● Question 3
0 out of 5 points

Question 2 continues. The possible responses to the question "How many days do you use
the Blu-ray player every week on the average?" are values from a

● Question 4
5 out of 5 points

Question 2 continues. The possible responses to the question "How much did you pay
for Blu-ray players made by other manufacturers?" result in

● Question 5
5 out of 5 points

The Human Resources Director of a large corporation wishes to develop an


employee benefits package and decides to select 500 employees from a list of all
(N = 40,000) workers in order to study their preferences for the various
components of a potential package. The 500 employees who will participate in this
study constitute the ________.

● Question 6
5 out of 5 points

Which of the following is a discrete quantitative variable?

● Question 7
0 out of 5 points

To monitor campus security, the campus police office is taking a survey of the number of
students in a parking lot each 30 minutes of a 24-hour period with the goal of determining
when patrols of the lot would serve the most students. If X is the arrival time observed from a
student in the lot each period of time, then X is an example of

● Question 8
5 out of 5 points

In a left-skewed distribution

● Question 9
5 out of 5 points

For a dataset with a perfectly bell-shaped histogram

● Question 10
5 out of 5 points

According to the empirical rule, if the data form a "bell-shaped" normal


distribution, ( ) percent of the observations will be contained within one standard
deviations around the arithmetic mean.

● Question 11
5 out of 5 points

Given below is the scatter plot of the price/earnings ratio versus earnings per share of 20 U.S.
companies.

Which of the following statements is the most possibly true?

● Question 12
5 out of 5 points
The histogram for the 5-year return data of a retirement fund is given as follows:

Which of the following statements is the most likely true?

● Question 13
5 out of 5 points

Suppose that the following two distributions have the same mean value.
Which of the following statements is the most likely true?

● Question 14
5 out of 5 points

Question 13 continues. Which of the following statements is the most possibly true?

● Question 15
5 out of 5 points
According to the Chebyshev rule, at least what percentage of the observations in any data set
are contained within a distance of 2 standard deviations around the mean?

● Question 16
5 out of 5 points

The following graph gives the Boxplots for some Four-star hotel prices and Three-star
hotel prices.

Which of the following statements is the most possibly true?

● Question 17
5 out of 5 points

If two events A and B satisfy P(A or B)=P(A)+P(B), it can be concluded that


● Question 18
5 out of 5 points

Define the following events:


A={Randomly select a police officer, the selected police officer is promoted}
B={Randomly select a police officer, the selected police officer is not promoted}
C={ Randomly select a police officer, the selected police officer is female}
Which of the following is the correct computation for the probability P(B)?

● Question 19
5 out of 5 points

Question 18 continues. Which of the following is the correct computation for the
probability P(A and C)?

● Question 20
5 out of 5 points

Question 18 continues. Which of the following is the correct computation for the conditional
probability P(C|A)?

● Question 21
4 out of 4 points

The 3-year return data from mutual funds provide the following descriptive statistics (each
number is a percentage):
3-Year Return

Mean 3.8
Median 4.2
Mode 6.3
Standard Deviation 2.8
Sample Variance 8
Range 14.9
Minimum -5.2
Maximum 9.7
3-yyr Sum 679.7
Count 180

Which of the following statements is the most likely true?

● Question 22
4 out of 4 points

Question 21 continues.
Based on the normal empirical rule, which of the following statements is true?

● Question 23
0 out of 4 points

The five-number summary of the data is given as follows.


Boxplot

Five-Number Summary
Minimum -5.2
First Quartile 2.4
Median 4.2
Third Quartile 5.8
Maximum 9.7
Which of the following statements is the most likely true?

● Question 24
4 out of 4 points

A random trial is done as follows: toss a die on the same floor twice independently. Define
the following two events:
A={get an even number in the first toss}
B={get an odd number in the second toss}
The probability P(A and B) should be computed by

● Question 25
4 out of 4 points

Question 24 continues.
The probability P(A or B) should be computed by

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