Author:
Christine Farr

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Question 1.1. A parameter refers to a sample characteristic. (Points : 1)True False Question 2.2. Which of the following is NOT a measure of variability?@Answer found in section 1.5 Descriptive Statistics, in Statistics for Managers (Points : 1)The standard deviationThe rangeThe varianceThe medianQuestion 3.3. The probability of two independent events occurring together equals the product of each of the individual event probabilities. (Points : 1)True False Question 4.4. In statistical notation, M is to μ as s is to σ. (Points : 1)True False Question 5.5. The z-score indicates where an individual data value lies within the data set. (Points : 1)True False Question 6.6. What sets the standard normal distribution apart from all others? (Points : 1)It is a normal distributionIt turns data from any source into normal dataIt is based upon ordinal scale dataIt has a fixed mean and standard deviationQuestion 7.7. Inferential statistics infer the characteristics of samples.@Answer found in section 1.4 Describing or Inferring?, in Statistics for Managers (Points : 1)True False Question 8.8. The mode is which of the following?@Answer found in section 1.5 Descriptive Statistics, in Statistics for Managers (Points : 1)The most frequently occurring value in a set.The middle-most value in a set of values.The difference between the highest and lowest values in a set.The arithmetic average of a set of values.Question 9.9. The standard deviation of normally distributed data sets is equal to about 1/6 of the data set’s range. (Points : 1)True False Question 10.10. Normal curve data is skewed to the right. (Points : 1)True False

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