Part I

Question 1
Do you believe the Government should introduce a carbon tax? Yes No

The data produced is an example of:

(a) quantitative data
(b) time series data
(c) nominal data
(d) ordinal data
(e) continuous data

Question 2
A bank identifies the current rating of a loan with regard to the likelihood of repayment.
Classifications are either:

Good standing--all payments on schedule

Problem loan--several instalments not made
Unsatisfactory--a loan written off as not collectible

This is an example of which level of measurement?

(a) Nominal
(b) Ordinal
(c) Sample
(d) Discrete
(e) Continuous
Question 3
Your height and weight are examples of which level of measurement?
(a) Nominal
(b) Ordinal
(c) Qualitative
(d) Discrete
(e) Continuous
Question 4
A summary measure calculated from population is called:
(a) a sample
(b) a statistic
(c) an inference
(d) a census
(e) a parameter

Question 5
When data is collected in a statistical study for only a portion or subset of all elements of
interest, we are using:
(a) a sample
(b) a parameter
(c) a population
(d) a census
(e) none of the above

Question 6

The relative frequency of a class is computed by:

(a) dividing the frequency of the class by the number of classes
(b) dividing the frequency of the class by the class width
(c) dividing the frequency of the class by the total number of observations in the data
set
(d) subtracting the lower limit of the class from the upper limit and multiplying the
difference by the number of classes
(e) dividing the total number of observations in the data set by the number of classes
Question 7
Descriptive statistics consists of procedures used to
(a) summarize the information and describe the characteristics of a set of data
(b) decide how large a sample should be taken
(c) make inferences about population characteristics from information contained in a
sample
(d) all of the above
(e) none of the above

Question 8
A small corporation employs 100 people, including the corporation management. Which
descriptive measure would best characterize a typical employee’s salary?
(a) Mean
(b) Median
(c) Variance
(d) Standard deviation
(e) Mode

Question 9
A disadvantage of the range as a measure of dispersion is that it:
(a) is based on only two observations
(b) can be distorted by a large mean
(c) is not in the same units as the original data
(d) all of the above
(e) none of the above: it has no disadvantage
Question 10
The measure of central tendency, which by definition separates the lower 50% of a set
of values from the upper 50% of the set, is the
(a) mode
(b) mean
(c) inter quartile range
(d) halfway between the first and third quartiles
(e) median

Question 11
Given a frequency distribution that has positive skewness,
(a) the mode will be greater than the median.
(b) the mean will be greater than the median.
(c) the mode will be greater than the mean.
(d) the distribution will have more large values than small values.
(e) none of the above are necessarily true

Use the following information for Questions 12 to 18.

The scores for a sample of 7 students are: 4, 6, 3, 1, 4, 2, 8

Question 12
The mean score is:[correct to one decimal place]
(a) 4.0
(b) 4.5
(c) 5.0
(d) 5.5
(e) none of the above.
Question 13 The
median score is:
(a) 3.5
(b) 4
(c) 4.5
(d) 5
(e) none of the above

Question 14
The mode (modal) score is:
(a) 1
(b) 3
(c) 4
(d) 6
(e) 8

Question 15
The variance of the scores is: [correct to two decimal places]
(a) 32.15
(b) 5.67
(c) 4.85
(d) 2.38
(e) 2.20
Question 16
The standard deviation of the scores is: [correct to two decimal places]
(a) 2.20
(b) 5.67
(c) 5.29
(d) 1.54
(e) 2.3

Question 17
The coefficient of variation (in percentage) of the scores is:
(a) 59.51
(b) 168.03
(c) 141.67
(d) 70.58
(e) None of the above is true.

Question 18
The score corresponding to the third quartile or 75th percentile is:
(a) 2
(b) 4
(c) 4.5
(d) 5
(e) 6

Question 19
If the mean, median and mode of a distribution are 5, 6, 7 respectively, then the
distribution is:
(a) skewed negatively
(b) not skewed
(c) skewed positively
(d) symmetrical
(e) bimodal.

Question 20
Which measures of central tendency are least affected when an extremely low or an
extremely high value is added to a given set of data?
(a) Mean and median
(b) Mean and mode
(c) Mode and median
(d) Standard deviation and mean
(e) None of the above
Question 21
If you are told a population has a mean of 40 and a variance of 0, what must you
conclude?
(a) Someone has made a mistake.
(b) There is only one element in the population.
(c) There are no elements in the population.
(d) All the elements in the population are 40.
(e) None of the above.
Use the following information for Questions 22 to 23.

Question 22
The variable X represents the number of times and a student visits Pizza Hut in a one
month. The following table provides X and the probabilities of X.

X 0 1 2 3
P(X) 0.1 0.3 0.4 0.2

The average or mean number of times a student visits Pizza Hut in a month is:
(a) 1.50
(b) 0.25
(c) 0.35
(d) 1.70
(e) 1.00

Question 23

The variance of times a student visits Pizza Hut in a month is:

(a) 1.67
(b) 0.81
(c) 0.85
(d) 1.25
(e) 2.91

Question 24
The ages of all patients in the isolation ward of the hospital are 38, 26, 13, 41 and 22.
What
is the population variance?
(a) 106.8
(b) 91.4
(c) 240.3
(d) 42.4
(e) None of the above

Question 25
The value of Z
0
such that P[ Z < Z
0
] = 0.8531 is:
(a) 0.8023
(b) 0.8051
(c) 0.1977
(d) -1.0500
(e) 1.0500

Question 26
If Z is a standard normal variable then P(Z>0) is
(a) 0
(b) 0.5
(c) 1.0
(d) .4579
(e) none of the above

Question 27
The life of cats is normally distributed with a mean of 15 years and a standard deviation
of
2 years. Find the probability of a cat living at least 10 years.
(a) 0.9938
(b) 0.4938
(c) 0.3413
(d) 0.0062
(e) None of the above

Use the following information for Questions 29 to 31.

The scores on a statistics test are normally distributed with a mean of 50 and a standard
deviation of 15. A sample of 25 students selected from the student population produced
a mean score of 55.

Question 29
If a student is selected at random, the probability he /she will obtain a score of 55 or
more
is:
(a) 0.4525
(b) 0.1293
(c) 0.0475
(d) 0.3707
(e) 0.6293
Question 30
From the sample of 25 students, the standard error of the sample mean score is:
(a) 3.00
(b) 0.60
(c) 9.00
(d) 15.00
(e) 225.00

Question 31
From the sample of 25 students, the probability of obtaining a sample means score of
55 or
more is:
(a) 0.4525
(b) 0.4515
(c) 0.0475
(d) 0.0485
(e) 0.9525

PART II

1. Which of the following pairs of events are mutually exclusive?

a. A: the odd numbers; B: the number 5

b. A: the even numbers; B: the numbers greater than 10
c. A: the numbers less than 5; B: all negative numbers
d. A: the numbers above 100; B: the numbers less than -200
e. A: negative numbers; B: odd numbers

2. One card is drawn from a standard 52 card deck. In describing the occurrence of two
possible events, an Ace and a King, these two events are said to be:
(a) independent (b) mutually exclusive
(c) random variable (d) randomly independent.
3. Which of the following is NOT a possible probability?
a. 25/100 b. 1.25 c. 1 d. 0 4.
4. Among twenty-five articles, nine are defective, six having only minor defects and
three having major defects. Determine the probability that an article selected at
random has major defects given that it has defects.
a. 1/3 b. .25 c. .24 d. .08
5. 45-yard line. Based on previous performances by the Packers, the next
play will see one of the following occurrences, with probabilities as indicated:

P (pass incomplete) = .25

P (pass complete for first down) = .15
P (pass complete, no first down) = .05
P (interception) = .03
P (run for first down) = .20
P (busted play, quarterback sacked) = .25
P (whistle is blown before play) = .05

Find the following probabilities for the next play:

a) P (Packers score a first down)

b) P (pass play is tried)
c) P (Packers score a first down pass play is tried)
A dormitory on campus houses 200 students. 120 are male, 50 are
upper division students, and 40 are upper division male students. A student is selected
at random. The probability of selecting a lower division student, given the student is a
female, is:
 (a) 7/8 (d) 7/20
(b) 7/15 (e) 1/4 (c) 2/5

7. Suppose a certain ophthalmic trait is associated with eye colors. 300 randomly
selected individuals are studied with results as follows:

EYE COLOR
TRAIT | Blue | Brown | Other | Total
____________________________________
Yes | 70 | 30 | 20 | 120
____________________________________
No | 20 | 110 | 50 | 180
____________________________________
Total | 90 | 140 | 70 | 300

A. What is the probability that a person has blue eyes?

B. What would you expect to be the value P(having the trait and
blue eyes) if eye color and trait status were independent?

C. Which of the following expressions describes the relationship between the events A
= a person has brown eyes and B = a person has blue eyes? (circle the correct answer

Part II
The intelligence quotients of 100 freshmen students admitted at the College of Business
Administration of a certain University were taken and shown below.
95 115 110 119 98 93 112 91 94 111
99 111 110 115 107 96 107 105 108 108
83 85 109 89 107 100 103 100 94 116
106 101 108 105 101 120 90 100 112 107
107 102 90 105 87 118 94 117 108 100
91 88 120 106 107 106 107 106 100 97
98 103 106 106 106 106 110 107 94 97
114 99 96 100 106 103 110 109 101 107
107 95 99 97 92 100 113 101 106 106
119 114 96 107 108 112 97 106 105 112
FIND THE FOLLOWING
1. Skewness
A. Fisher pearson coefficient of skewness
B. Adjusted formula
C. Galton skewness or bowley’s skewness
D. Pearson of skewness coefficient
2. Kurtosis
A. Standard formula
B. Excess kurtosis formula