Jennifer Proctor
Dr. Tucker
Management 211
June 20, 2016
1. What would be the dollar impact if the 5 percent increase planned for January 1 were
reduced to 3.5 percent and postponed until April 1?
Since July to March is 75% of the year, multiply the base
Quiz: 3
Question 1
1 out of 1 points
The mean, as a
measure of central
location would be
inappropriate for
which one of the
following?
Answer
Selected Answer:
Question 2
1 out of 1 points
A sample of single
persons receiving
social security
payments revea
Quiz: 2
Question 1
1 out of 1 points
Refer to the
following
breakdown of
responses to a
survey of "How
confident are you
that you saved
enough to retire"?
What type of chart
should be used to
show relative class
frequencies?
Answer
Selected
Answer:
Pie ch
Question 1
1 out of 1 points
Refer
to
the
following
breakdown
of
responses to a
survey of "How
confident are you
that you saved
enough to retire"?
What is the class
with the greatest
frequency?
Answer
Selected Answer:
Somewhat confident.
Correct Answer:
Question 1
1 out of 1 points
A study of 200
computer service
firms revealed these
incomes after taxes:
What is the
probability that a
particular firm
selected has $1
million or more in
income after taxes?
Answer
Selected Answer:
61/200 +
37/200
Correct An
Quiz 8
Question 1
1 out of 1 points
Suppose we select
every fifth invoice
in a file. What type
of sampling is this?
Answer
Selected Answer:
Systematic
Correct Answer:
Systematic
Response
Feedback:
Question 2
1 out of 1 points
In stratified random
sampling
Quiz:1
Question 1
1 out of 1 points
When TV
advertisements
report "2 out of 3
dentists surveyed
indicated they
would recommend
Brand X toothpaste
to their patients," an
informed consumer
may question the
conclusion because
the:
Answer
Selected Answer:
Que
Question 1
1 out of 1 points
Which measure of
central location is
used to determine
an average annual
percent increase?
Answer
Selected Answer:
Geometric mean
Correct Answer:
Geometric mean
Response
Feedback:
correct
AACSB:
Communication
Abilities
Blooms
Quiz 9
Question 1
1 out of 1 points
A sample standard
deviation is the best
point estimate of the
Answer
Selected Answer:
population standard deviation
Correct Answer:
population standard deviation
Response
Feedback:
Question 2
0 out of 1 points
If 95% an
Quiz 7
1
1 out of 1 points
What is the
percentage of the
total area under the
normal curve within
plus and minus two
standard deviations
of the mean?
Answer
Selected Answer:
95.44%
Correct Answer:
95.44%
Question 2
1 out of 1 points
A random variable
from
Question 1
1 out of 1 points
What kind of
distribution are the
binomial and
Poisson
distributions?
Answer
Selected Answer:
Discrete
Correct Answer:
Discrete
Response
Feedback:
correct
AACSB: Communication Abilities
Blooms: Knowledge
Difficulty: Easy
Learn
Quiz: 4
Question 1
1 out of 1 points
In a contingency
table, we describe
the relationship
between
Answer
Selected Answer:
Question 2
1 out of 1 points
In a scatter diagram,
we describe the
relationship between
Answer
Selected Answer:
Question 3
1 out of 1
Chapter 01 Quiz
Question 1
1 out of 1 points
The names of
the positions in
a corporation,
such as chief
operating officer
or controller, are
examples
of
what type of
variable?
Answer
Selected Answer:
Qualitati
ve
Correct Answer:
Qualitati
ve
Response
corr