Midterm V2.pdf - OPMT 1130 Midterm v2 FMGT MKTG RMGT BMGT...

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OPMT 1130 Midterm v2Pg. 1 of 11 FMGT, MKTG, RMGT, BMGTand HRMGStudents ONLYBRITISH COLUMBIA INSTITUTE OF TECHNOLOGY OPMT 1130 Business Statistics Midterm March 3, 2020 Last Name First Program Set CIRCLE your LAB Instructor’s Name Myra Andrews Daniel Anvari Ron Correll Ken Eng Amy Goldlist Judy Li Neilu Rishi Germain Tanoh INSTRUCTIONS: Time available: 2 hours. There are 11 questions and 11 pages. Show all work in the space provided.Anyone who does not stop writing will be penalized 20 marks. You mayNOT leave during the last 10 minutes. **Include all units, dollar signs, and percent signs in your final answer. MARKS: (For instructor’s use only) Question Marks Obtained Question Marks Obtained 1 4 7 11 2 5 8 8 3 9 9 6 4 11 10 10 5 10 11 19 6 7 Total 100
OPMT 1130 Midterm v2Pg. 2 of 11 1.The following box-and-whisker plot shows the distribution for three-star hotel rates per night in Vancouver. (a)Identify the outliers (if any) [1 mark] ANSWER: (b)What is the median room rate? [1 mark] ANSWER: (c)What percentage of rooms have a price less than $130 per night? [2 marks] ANSWER (Percentage): 2.The following table shows a frequency distribution of the number of MacBook Air laptops sold per day at a particular Best Buy. Number of Laptops Frequency Percent Frequency Cumulative Percent Frequency 0 1 2 3 4 5 Total 30 (a)Complete the above table. 4 5 6 7 6 2 [3 marks] (b)What percentage of days does the Best Buy store sell four or morelaptops? [2 marks] ANSWER (Percentage, 2 decimal places):
OPMT 1130 Midterm v2Pg. 3 of 11 3.John is a real estate investor who owns two apartment buildings located in Burnaby and Vancouver. The rent he collects from these suites are shown below:Location Number of suites Rent per suite Burnaby 4 $1,400 Vancouver 8 $2,000 (a)Calculate the average rent per suite. [3 marks] ANSWER (2 decimal places):

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