38 OMIS1000 Midterm F07 Solution

# 38 OMIS1000 Midterm F07 Solution - SCHULICH SCHOOL OF...

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OMIS1000 MIDTERM EXAMINATION Page 1 PART I – MULTIPLE CHOICE QUESTIONS (20 MARKS, 1 marks each) Answer each question below on the Scantron Sheet provided. There is only one correct answer. There is no penalty for guessing. 1. Which of the following is incorrect? a) The range of a data set is never equal to the variance of the set b) Standard deviation is the average of the squared deviations from the mean c) The variance of a data set is never equal to the standard deviation d) Range and standard deviation are both useful pieces of information e) None of the above 2. The standard deviation of a normal distribution is always equal to:
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