Assignment 1 Chapter 1, 2 and 3

Chapter 01- Introduction to Basic Statistics

1. In a questionnaire, respondents are asked to mark their gender as male or female. Gender is an example of
the
a. ordinal scale
b. nominal scale
c. ratio scale
d. interval scale
2. The scale of measurement that is used to rank order the observation for a variable is called the
a. ratio scale
b. ordinal scale
c. nominal scale
d. interval scale

3. Some hotels ask their guests to rate the hotel's services as excellent, very good, good, and poor. This is an
example of the
a. ordinal scale
b. ratio scale
c. nominal scale
d. interval scale

4. The ratio scale of measurement has the properties of

a. only the ordinal scale
b. only the nominal scale
c. the rank scale
d. the interval scale

5. Temperature is an example of a variable that uses

a. the ratio scale
b. the interval scale
c. the ordinal scale
d. either the ratio or the ordinal scale

6. Arithmetic operations are inappropriate for

a. the ratio scale
b. the interval scale
c. both the ratio and interval scales
d. the nominal scale

7. Quantitative data refers to data obtained with a(n)

a. ordinal scale
b. nominal scale
c. either interval or ratio scale
d. only interval scale

8. Data
a. are always be numeric
 Assignment 1 Chapter 1, 2 and 3

b. are always nonnumeric

c. are the raw material of statistics
d. None of these alternatives is correct.

9. A characteristic of interest for the elements is called a(n)

a. sample
b. data set
c. variable
d. None of these alternatives is correct.

10. In a questionnaire, respondents are asked to mark their gender as male or female. Gender is an example of
a
a. categorical variable
b. quantitative variable
c. categorical or quantitative variable, depending on how the respondents answered the
question
d. None of these alternatives is correct.

11. For ease of data entry into a university database, 1 denotes that the student is an undergraduate and 2
indicates that the student is a graduate student. In this case data are
a. categorical
b. quantitative
c. either categorical or quantitative
d. neither categorical nor quantitative

12. Data collected at the same, or approximately the same, point in time are
a. time series data
b. approximate time series data
c. crossectional data
d. approximate data

13. Data collected over several time periods are

a. time series data
b. time controlled data
c. crossectional data
d. time crossectional data

14. The summaries of data, which may be tabular, graphical, or numerical, are referred to as
a. inferential statistics
b. descriptive statistics
c. statistical inference
d. report generation

15. The Department of Transportation of a city has noted that on the average there are 17 accidents per day.
The average number of accidents is an example of
a. descriptive statistics
b. statistical inference
c. a sample
 Assignment 1 Chapter 1, 2 and 3

d. a population

16. The sample size

a. can be larger than the population size
b. is always smaller than the population size
c. can be larger or smaller than the population size
d. is always equal to the size of the population

Exhibit 1-1

Part of the data bank of a corporation is shown below.

Employee Years of Employee Rank Yearly

Number Gender Department Experience (1 - 10) Salary
23450 Male Accounting 15 10 $    52,443.00
34568 Female IT 24 7 $111,239.00
23123 Female Personnel 20 4 $    84,473.00
23007 Male Finance 9 1 $    47,519.00

17. Refer to Exhibit 1-1.    Employee Number is an example of ________ data.

a. nominal
b. ordinal
c. interval
d. ratio

18. Refer to Exhibit 1-1.    Gender is an example of ________ data.

a. nominal
b. ordinal
c. interval
d. ratio

19. Refer to Exhibit 1-1.    Years of Experience is an example of ________ data.

a. nominal
b. ordinal
c. interval
d. ratio

20. Refer to Exhibit 1-1.    Employee Rank is an example of ________ data.

a. nominal
b. ordinal
c. interval
d. ratio
 Assignment 1 Chapter 1, 2 and 3

21. Refer to Exhibit 1-1.    Yearly Salary is an example of ________ data.

a. nominal
b. ordinal
c. interval
d. ratio

22. After graduation ceremonies at a university, six graduates were asked whether they were in favor of
(identified by 1) or against (identified by 0) abortion. Some information about these graduates is
shown below.

Graduate Sex Age Abortion Issue Class Rank

Marissa F 24 1 1
Jason M 22 1 2
Wendy F 41 0 3
Edward M 38 0 20
Jennifer F 25 1 4
Tim M 19 0 8

a. How many elements are in the data set?

b. How many variables are in the data set?
c. How many observations are in the data set?
d. Which of the above variables (Sex, Age, Abortion Issue, Class rank) are categorical and
which are quantitative variables?
e. Are arithmetic operations appropriate for the variable "abortion issue"?

23. The following table shows the starting salaries of a sample of recent business graduates.

Income (In $1,000s) Number of Graduates

15 - 19 40
20 - 24 60
25 - 29 80
30 - 34 18
35 - 39 2

a. What percentage of graduates in the sample had starting salaries of at least $30,000?
b. Of the graduates in the sample, what percentage had starting salaries of less than $25,000?
c. Based on this sample, what percentage of all business graduates do you estimate to have
starting salaries of at least $20,000?

24. The highway patrol is interested in determining the average speed of automobiles traveling on I-75
between Chattanooga and Atlanta.    To accomplish this task, the speed of every tenth car passing a
particular point on I-75 is recorded.
 Assignment 1 Chapter 1, 2 and 3

a. What is the population for this study?

b. What constitutes the sample?
c. Is speed a categorical or a quantitative variable?
d. What type of measurement scale is used?

25. The following information regarding the ten richest Americans was reported in a recent issue of Forbes.

Name Ranking Worth Age Marital Source

($Billions) Status
Gates, William 1 59.0 51 married Microsoft
Buffett, Warren 2 52.0 77 married Berkshire Hathaway
Adelson, Sheldon 3 28.0 74 married casinos, hotels
Ellison, L. J. 4 26.0 63 married Oracle
Brin, Sergey 5 18.5 34 married Google
Page, Larry 5 18.5 34 single Google
Kerkorian, Kirk 7 18.0 90 divorced investments, casinos
Dell, Michael 8 17.2 42 married Dell
Koch, Charles 9 17.0 71 married oil, commodities
Koch, David 9 17.0 67 married oil, commodities

a. How many elements are in the above data set?

b. How many variables are in this data set?
c. How many observations are in this data set?
d. Which variables are categorical and which are quantitative?
e. What measurement scale is used for each variable?

CHAPTER 2—DESCRIPTIVE STATISTICS: TABULAR AND GRAPHICAL

DISPLAYS

PROBLEMS
 Assignment 1 Chapter 1, 2 and 3

1. Thirty students in the School of Business were asked what their majors were. The following represents
their responses (M = Management; A = Accounting; E = Economics; O = Others).

A M M A M M E M O A
E E M A O E M A M A
M A O A M E E M A M

a. Construct a frequency distribution and a bar chart.

b. Construct a relative frequency distribution and a pie chart.

2. Forty shoppers were asked if they preferred the weight of a can of soup to be 6 ounces, 8 ounces, or 10
ounces. Below you are given their responses.

  6   6 6 10   8   8 8 10 6 6

10 10 8   8   6   6 6   8 6 6
  8   8 8 10   8   8 6 10 8 6
  6   8 8   8 10 10 8 10 8 6

a. Construct a frequency distribution and graphically represent the frequency distribution.

b. Construct a relative frequency distribution and graphically represent the relative frequency
distribution.

3.Below you are given the examination scores of 20 students.

52 99 92 86 84
63 72 76 95 88
92 58 65 79 80
90 75 74 56 99

a. Construct a frequency distribution for this data. Let the first class be 50 - 59.
b. Construct a cumulative frequency distribution.
c. Construct a relative frequency distribution.
d. Construct a cumulative relative frequency distribution.

4. The ACT scores of a sample of business school students and their genders are shown below.

ACT Scores
Gender Less than 20 20 up to 25 25 and more Total
Female 24 168 48 240
Male 40   96 24 160
Total 64 264 72 400
 Assignment 1 Chapter 1, 2 and 3

a. How many students scored less than 20?

b. How many students were female?
c. Of the male students, how many scored 25 or more?
d. Compute row percentages and comment on any relationship that may exist between ACT
scores and gender of the individuals.
e. Compute column percentages.

5. A survey of 400 college seniors resulted in the following cross tabulation regarding their
undergraduate major and whether or not they plan to go to graduate school.

Undergraduate Major
Graduate School Business Engineering Others Total
Yes 35 42 63 140
No 91 104 65 260
Total 126 146 128 400

a. Are a majority of the seniors in the survey planning to attend graduate school?
b. Which discipline constitutes the majority of the individuals in the survey?
c. Compute row percentages and comment on the relationship between the students'
undergraduate major and their intention of attending graduate school.
d. Compute the column percentages and comment on the relationship between the
students' intention of going to graduate school and their undergraduate major.

Chapter 3

PRACTICE WORKSHEET 2

Q1. The following table gives the monthly income of 10 employees in an office:

INCOME $
14780
15760
26690
27750
24840
24920
16100
17810
27050
26950
Assignment 1 Chapter 1, 2 and 3

                             

Compute: Mean, Median, Range

Q2. From the following data of the marks obtained by 60 students of a class, calculate the arithmetic
mean and range:

MARKS NO. OF STUDENTS

20 8
30 12
40 20
50 10
60 6
70 4

Q3. The frequency distribution below represents the weight in pounds of a sample of packages car-
ried last month by a small airfreight company.

CLASS FREQUENCY
10-11 1
11-12 4
12-13 6
 Assignment 1 Chapter 1, 2 and 3

13-14 8
14-15 12
15-16 11
16-17 8
17-18 7
18-19 6
19-20 2

Compute: Sample mean

Q4. Calculate Mean, Median, Mode

MARKS No. Of Students

0-10 5
10-30 12
30-60 25
60-100 8
                     

          

Q5. The closing stock price of Ahmadi, Inc. for a sample of 10 trading days is shown below.

Day Stock Price

1 84
2 87
3 84
4 88
5 85
6 90
7 91
8 83
9 82
10 86

a. The mean
b. The median
c. The mode
d. The variance
e. The standard deviation
f. The range
 Assignment 1 Chapter 1, 2 and 3

Q6. Consider the data in the following frequency distribution. Assume the data represent a population.

Class Frequency
    2 -      6 2
    7 - 11 3
12 - 16 4
17 - 21 1

For the above data, compute the following.

a. The mean
b. The variance
c. The standard deviation
d.          The Range

Q7. The following frequency distribution shows the ACT scores of a sample of students:

Score Frequency
14 - 18   2
19 - 23   5
24 - 28 12
29 - 33   1

For the above data, compute the following.                                                             

a The mean
b The standard deviation

Q8. The following is a frequency distribution for the ages of a sample of employees at a local company.

Age Frequency
30 - 39 2
40 - 49 3
50 - 59 7
60 - 69 5
70 - 79 1

a Determine the average age for the sample.

b Compute the variance.
c Compute the standard deviation.
d Compute the coefficient of variation.
e.    Compute Range
f. Compute Quartiles
 Assignment 1 Chapter 1, 2 and 3

Q9. The following is a frequency distribution of grades of a sample of statistics examinations.

Grade Frequency
50 - 59   7
60 - 69 10
70 - 79 22
80 - 89 15
90 - 99   6

Compute the following measures:

a. The mean
b. The variance
c. The standard deviation
d. The coefficient of variation
e. Range

Q10. The yearly incomes of the top highest paying professions in the United States are shown below.

Yearly Income
Profession (in $1,000)
Surgeons 136
Obstetricians 132
Anesthesiologists 130
Internists 126
Pediatricians 116
Psychiatrists 114
Dentists 110
General Practitioners 110
Chief Executives 107
Airline Pilots 99

For the above sample, determine the following measures (Give your answer in dollars).

a. The mean yearly salary

b. The standard deviation
c. The median
d. The mode
e.          The Q1 & Q3
 Assignment 1 Chapter 1, 2 and 3

Q11. Descriptive statistics for the closing stock prices of two companies for several trading periods are shown
below.

Baba, Inc     Maman, Inc.  

Mean 4.00 Mean 15.91
Standard Error 0.11 Standard Error 0.29
Median 3.92 Median 16.59
Mode 4.19 Mode 15.58
Standard Deviation 1.12 Standard Deviation 3.21
Sample Variance 1.25 Sample Variance 10.31
Kurtosis -1.15 Kurtosis 3.52
Skewness 0.08 Skewness -2.09
Range 3.95 Range 13.45
Minimum 2.03 Minimum 5.55
Maximum 5.98 Maximum 18.99
Sum 436.32 Sum 1972.61
Count 109   Count 124

a. Which company’s stock price has a more dispersed distribution?    Explain.    Show your
complete work and support your answer.
b. Compare the Skewness' of the two and explain what is indicated.

Q12. For the following data, compute the inter-quartile range.

99                          75                    84            61              33          45                66                    97                69                55         
72          91                74            93        54                76          52                    91                      77                68

Compute:

a. Range
b. Inter-Quartile Range.

Q13. The following is a set of data from a sample of n= 7

Assignment 1 Chapter 1, 2 and 3

12            7                4                  9              0                    7                      3

a. Compute the Q1 and Q3

b. Compute IQR
c. List the five number summary
d. Construct a boxplot and describe the shape.

Q14. Themeparks contain data on the starting admission price (in $) for one day data tickets to 10
themeparks in the United States:

58                63                      41                  42            29                50              62                43                40                  40

a. Compute first quartile Q1, the third quartile Q3, and the interquartile range.
b. List the five number summary.
c. Copnstruct a boxplot and describe the shape.