Sample Midterm MSCI
Sample Midterm MSCI
A Business school wishes to give a scholarship to the year's 'outstanding' undergraduate student
based on grades. But it would be unfair to give it simply based on actual grades. It was decided to
give the scholarship to the student who performed the best relative to his/her peers. The following
table gives us information concerning: the best student in each of the four years of the program
based on grades; the average grade of the students in each of the four years; and the standard
deviation of grades in each of the four years of the program.
Based on standardized grades, which student should get the scholarship?
Nicole
Peter
Jonathon
Chris
Question 2
To enter the US via the Ambassador Bridge, a Homeland Security officer will first check the
documents of the passengers at the border. Some passengers are subsequently sent to the office for
secondary checking. Historical records reveal that initial document checking at the border takes a
mean time of 4 minutes and a standard deviation of 3 minutes while the secondary checking in the
office takes a mean time of 9 minutes and a standard deviation of 6 minutes. Assume that the time
of the initial checking is independent of the time of the secondary checking. For those passengers
who went through both initial border document checking and secondary checking in the office, what
is the mean time (in minutes) of completing both checking processes?
13
18
Right-skewed
Symmetric
Insufficient information
Left-skewed
Question 4
For a unimodal data set, the five-number summary is as follows: min = 81, Q1 = 167, Median = 191,
Q3 = 225, max = 300. Choose the correct answer:
At least one large number and at least one small number are outliers.
Question 5
To enter the US via the Ambassador Bridge, a Homeland Security officer will first check the
documents of the passengers at the border. Some passengers are subsequently sent to the office for
secondary checking. Historical records reveal that initial document checking at the border takes a
mean time of 8 minutes and a standard deviation of 4 minutes while the secondary checking in the
office takes a mean time of 12 minutes and a standard deviation of 8 minutes. Assume that the time
of the initial checking is independent of the time of the secondary checking. For those passengers
who went through both initial border document checking and secondary checking in the office, what
is the standard deviation (in minutes) of the time of completing both checking processes?
8.9 minutes
6 minutes
12 minutes
insufficient data
Question 6
The data given are weight (lb) of 9 randomly selected high school students:
140, 136, 123, 106, 130, 140, 100, 136, and 139.
139
100
140
136
Question 7
A large fast-food chain is observing sales (in thousands of dollars) at four of their corner stores. Their
sales are represented by these four box plots in the picture below. BoxPlot 1 refers to sales in store
no. 1, and so on. The store with the most symmetric distribution of the middle 50% sales is:
BoxPlot 4
BoxPlot 1
BoxPlot 2
BoxPlot 3
Question 8
A survey asked people in five countries "How important is having control over people and resources to
you?" There were about 1500 respondents per country. The percent who responded that it was of more
than average importance are shown in the table below.
Chart 1
Chart 3
Chart 4
Question 9
For the nine numbers 23, 50, 22, 14, 19, 43, 3, 42, 28, the first quartile is:
23
42
19
50
Question 10
A large fast-food chain is observing sales (in thousands of dollars) at four of their corner stores. Their
sales are represented by these four box plots in the picture below. BoxPlot 1 refers to sales in store
no. 1, and so on. The store with the maximum sales is:
BoxPlot 3
BoxPlot 1
BoxPlot 2
BoxPlot 4
Question 11
Based on the following frequency distribution, the approximate average wait time is:
2.59 minutes
8.25 minutes
7.41 minutes
8.80 minutes
Question 12
A fashion cloth manufacturing company provides special offers such as discounted pricing and free
delivery if ordered online for its members. It wants to study customer preferences and it asks
members to choose a preference from different style clothes on online poll. The sampling frame is:
list of customers
cluster sampling
convenience sampling
systematic sampling
Question 14
In the following contingency table, out of the customers in age category Over 50, what percentage is
from shopping frequency category High?
15.1%
36.9%
49.0%
33.7%
Question 15
For these seven numbers: 13, 13, 12, 10, 4, 16, and 18, the median value is:
Question 16
Consider the following two statements:
Statement 1: The standardized values of a data set containing temperatures in Celsius ( OC) will be
different when we convert these temperatures to Fahrenheit ( OF).
Statement 2: The standardized values of any data set will always have a mean of 0 and standard
deviation of 1.
Question 17
Consider the following two statements:
Statement 1: Adding the value 2 to each of the values in an existing data set will increase the existing
mean by 2.
Statement 2: Adding the value 2 to each of the values in an existing data set will increase the existing
standard deviation by 2.
Statement 1: Adding another value to a data set can result in a range which is lower than the range
calculated without this new value.
Statement 2: Adding an outlier to a data set will modify significantly both the Range and the IQR.
Question 19
As research for an ecology class, students at a college in Alberta collect data on rivers each year to
study the impact on the environment. They record a number of biological, chemical, and physical
variables, including the river location, the substrate of the river (limestone, shale, or mixed), the
depth of the water (m), the temperature (F), and the BCI (a numerical measure of biological
diversity).
The environment
Rivers
4.6%
22.7%
15.0%
85.0%
Question 21
What percentage of the customers in the following contingency table are in the shopping frequency
category Low?
27.3%
40.4%
32.3%
20.7%
Question 22
A large fast-food chain is observing sales (in thousands of dollars) at four of their corner stores. Their
sales are represented by these four box plots in the picture below. BoxPlot 1 refers to sales in store
no. 1, and so on. The store with the largest median sales is:
BoxPlot 4
BoxPlot 3
BoxPlot 1
BoxPlot 2
Question 23
What percentage of the customers in the following contingency table are in shopping frequency
category High and in age category 30-49?
28.5%
11.1%
88.9%
36.1%
Question 24
A Canadian school is concerned with the recent drop in female students in its nursing program. It
decides to collect data from the admissions office on applicants this semester, including sex of each
applicant, age of each applicant, whether or not they were accepted, whether or not they attended,
and the reason for not attending (if they did not attend). The school hopes to find commonalities
among the female students accepted who have decided not to attend the nursing program.
80%
9%
89%
20%
Question 26
Based on the following frequency distribution table, the estimated median time that they should expect
to wait is:
4 minutes
7 minutes
5 minutes
9 minutes
Question 27
A food retailer that specializes in selling organic food has decided to open a new store. To help
determine the best location for the new store, researchers decide to examine data from competing
stores, including monthly sales ($), town area (square kilometres), median age of town, median
income of town ($), and whether or not the store is near a highway.
Type of food
Monthly sales
City
Town area
Question 28
For the nine numbers 15, 1, 37, 19, 25, 42, 10, 7, 35, the third quartile is:
19
15
25
35
Question 29
Question 30
A College wants to do a survey to learn how often its students go to
gym. There are three categories of students (international students, full
time domestic students, part time domestic students). Each student is
assigned a student number. For the survey, if it plans to select 100
student numbers randomly, the sampling strategy is
simple random sampling.
cluster sampling.
stratified sampling.
systematic sampling.