Test

In: Business and Management

Submitted By ejustvig01
Words 2962
Pages 12
1.
1.
The median is often a better representative of the central value of a data set when the data set:
-------------------------------------------------
Top of Form * Is bimodal. * Has a high standard deviation. * Is highly skewed. * Has no outliers.
Bottom of Form
2. The data in the Excel spreadsheet linked below provide information on the nutritional content (in grams per serving) of some leading breakfast cereals.

For which nutrients is the mean nutrient content per serving greater than the median nutrient content per serving?
Breakfast Cereals

-------------------------------------------------
Top of Form * Proteins only. * Complex carbohydrates only. * Both nutrients. * Neither nutrient
Bottom of Form

The mean amount of car mon em is greater than the meadian amout of first one

6.
The data in the Excel spreadsheet linked below give the ages and salaries of the chief executive officers of 59 companies with sales between $5 million and $350 million.

The correlation between age and salary can be characterized as:
CEO Salaries
Source
-------------------------------------------------
Top of Form * Strong and positive. * Strong and negative. * Weak and positive. * Weak and negative
Bottom of Form
7.
7. For a given set of data, the standard deviation measures:
Source
-------------------------------------------------
Top of Form * The difference between the mean and the data point farthest from the mean. * The difference between the mean and the data point nearest to the mean. * The difference between the mean and the median. * None of the above.
Bottom of Form
8.
The data in the Excel spreadsheet linked below give the average exchange rates of four currencies to the US dollar during October 2002.

Over this period, which currency was most…...

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