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ECON1203-ECON2292-Business & Economic Statistics

Assessments

...

Feedback Quiz 1

Review Test Submission: Feedback Quiz 1

Review Test Submission: Feedback Quiz 1

User

Nevin SPOLJARIC

Submitted

19/03/10 22:48

Name

Feedback Quiz 1

Status

Completed

Score

10 out of 10 points

Instructions A well prepared student should take no more than 30 minutes to complete the quiz.
Students may have a second attempt should they desire. Questions have a random element so that the second
quiz will not be identical to the first. If you do have two attempts, your better mark will count towards the quiz
assessment.
1 out of 1 points

Question 1

A sample of 9 students is selected and their quiz marks out of 10 recorded as: 5, 3, 5, 9, 5, 9, 6, 7, 9. The
median mark is less than the mean mark.
Selected Answer:

True

Correct Answer:

True
1 out of 1 points

Question 2

Consider a sample of size n=10 where the sample mean is 8 and sample variance is 13. Consider a second
sample that is exactly the same as the first except that there is an additional observation that takes on the
value of 8. What is the sample variance for this larger sample with n=11 observations? (Your answer should
be correct to one decimal place.)
Selected Answer:

11.7

Correct Answer:

11.7
1 out of 1 points

Question 3

When extreme values or "outliers" are present in a set of data, which of the following descriptive summary
measures are the most appropriate to use?
Selected Answer:

interquartile range and median

Correct Answer:

interquartile range and median

Question 4

1 out of 1 points

OK

19/03/2010 10:53 PM

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Marks out of a maximum of 100 in a mid-semester test for a class of 65 students is presented in the
following histogram. The histogram is constructed with class intervals defined as 20 to less than 30, 30 to
less than 40, ... , 90 to less than 100. These classes are represented by class midpoints in the histogram.
On the basis of this histogram which of the following descriptions of the key features of the distribution of
mid-semester marks is incorrect?

Selected Answer:

The median mark is somewhere between 60 and 70.

Correct Answer:

The median mark is somewhere between 60 and 70.

1 out of 1 points

Question 5

Suppose a telemarketing firm uses a device that randomly dials residential telephone numbers in a particular
city. Of the first 200 numbers called, 43% were not listed in the telephone book. This is not surprising,
because 52% of all residential phones in this city have unlisted numbers. In this example, 43% is a
population parameter and 52% is a sample statistic.
Selected Answer:

False

Correct Answer:

False
1 out of 1 points

Question 6

A GP samples 5 of her patients and collects information on the number of visits to the GP in the last year
and the age of the patient. The 5 (visit, age) pairs of observations are given as:
(0, 20), (0, 20), (2, 40), (2, 50), ( 2, 70)
Calculate the sample covariance between visits and age. (Your answer should be correct to one decimal
place.)
Selected Answer:

20.0

Correct Answer:

20
1 out of 1 points

Question 7

What is the sample correlation between two variables if the covariance is 7 and the two sample variances are
4 and 25? (Your answer should be correct ot one decimal place.)
Selected Answer:

0.7

Correct Answer:

0.7
1 out of 1 points

Question 8

In a study of the impact of age on the number of GP visits, the covariance between age and GP visits is
found to be positive. This is not enough information to determine the sign of the slope coefficient for the line
of best fit.
Selected Answer:

False

Correct Answer:

False

Question 9

1 out of 1 points

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What is the lower quartile if the upper quartile is 15 and the

interquartile range is 3?
Selected Answer:

12

Correct Answer:

12
1 out of 1 points

Question 10

For a sample of 100 students the sample standard deviation for

their heights measured in centimeters is found to be 12. If these
heights were coverted in meters, what would be the sample
standard deviation? (Your answer should be correct to two decimal
places.)
Selected Answer:

0.12

Correct Answer:

0.12

Friday, 19 March 2010 22:48:16 o'clock EST

19/03/2010 10:53 PM