MCQs > Finance & Management > Statistics & Probability MCQs > Basic Statistics & Probability MCQs

Basic Statistics & Probability MCQ

1. In one study, over half of women ages 18-25 would rather be _____ than be fat.

Answer

Correct Answer: Run over by a truck

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2.

Which of the following statements are correct with regard to the images within a webpage?

Answer

Correct Answer: Important keywords related to the image should be placed in the ALT text.

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3.

This question is based upon the figure shown below
 


 Question:
The formula given above is that of:

 

Answer

Correct Answer: Z-score

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4.

This question is based upon the figure shown below

In the above image it is stated that:

Answer

Correct Answer: the null hypothesis is that the mean value of the given data is 40.

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5.

Which important information does the correlation analysis of variables give about the relationship between the variables?

 

Answer

Correct Answer: a & c

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6.

This question is based upon the figure shown below

Describe the relationship between the two variables in the above given scatter plot.

Answer

Correct Answer: Positive

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7.

The following are data collection methods except:

Answer

Correct Answer: Sampling

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8.

The events that are not affected by other outcomes are called:

Answer

Correct Answer: Independent events

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9.

The following are the steps in the process of Cluster sampling. Put them in the right order:

1)Randomly select the needed number of clusters for the sample.

2)Assign the population to different clusters.

3)Include all the population members of the selected cluster in the sample. Alternatively, select only a certain number of population members from each cluster (through simple or systematic random sampling) for the sample.

Answer

Correct Answer: 2,1,3

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10.

The reasons for choosing a sample out of a population are:

Answer

Correct Answer: a and b

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11.

In which of the following fields is ANOVA used to make comparisons amongst groups?

Answer

Correct Answer: All of the above

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12.

The middle point of a data set arranged in an array from the smallest to the largest value is called:

Answer

Correct Answer: median

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13.

______takes into account the distance of every point in the scatter plot from the trend line.

Answer

Correct Answer: Random error term

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14.

In which chart is the data organized in a descending order and includes a trend line as well?

Answer

Correct Answer: Pareto chart

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15.

Statistics help in making inferences and drawing conclusions. These conclusions in turn help in:

Answer

Correct Answer: decision-making

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16.

Once a sample is drawn from the population, how close the sample is to the larger population is to be determined. This is known as:

Answer

Correct Answer: Sampling error

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17.

A ________ is a graphic representation of data based on paired observations.

Answer

Correct Answer: scatter plot

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18.

Which of the following is not a research ethic?

Answer

Correct Answer: Risk of harm

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19.

In marketing research, which measure of central tendency is often used in a set of ordinal data?

Answer

Correct Answer: Median

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20.

The following are the test scores in history for ten students:

61,10,88,37,61,72,55,61,46,22.

Calculate the mode of these test scores.

Answer

Correct Answer: 61

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21.

Find out the median of the following data set:

8126m; 8611m; 7817m; 8172m; 8076m; 8848m; 8598m

Answer

Correct Answer: 8172m

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22.

It is important to categorize your data and data can be categorized into the following categories:

Answer

Correct Answer: a,b and d

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23.

The idea behind reviewing existing knowledge is:

Answer

Correct Answer: All of the above

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24.

Ordinal numbers or data are primarily concerned with:

Answer

Correct Answer: rankings

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25.

In a set of 40 General Knowledge questions 5 are based on International Relations. In a computer generated test only 30 of these 40 questions will be picked up. What is the probability of at least one of these 5 questions (on International Relations) being picked up randomly out of the selected 30?

Answer

Correct Answer: 0.16

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26.

In correlation analysis, we designate one variable as an independent variable and the other as a dependent variable.

Answer

Correct Answer: False

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27.

How many types of major sampling methods are there?

Answer

Correct Answer: 2

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28.

In the Sampling Process, soon after identifying the sampling method comes the process of:

Answer

Correct Answer: determining your sample size

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29.

When the data values are tightly clustered around the mean, the bell shaped curve is:

Answer

Correct Answer: steep

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30.

How is a Type II error symbolized as?

Answer

Correct Answer: ß

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31.

Commonly employed qualitative research methods include:

Answer

Correct Answer: a and b

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32.

Which of the following is not an example of hypothesis?

Answer

Correct Answer: What percentage of people pass their driving test in the first attempt?

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33.

The process in which data about the variables is collected and then predictions are made about future outcome is called:

Answer

Correct Answer: Regression analysis

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34.

Which graphical tool is used to arrive at decisions by presenting and comparing a number of competing alternatives?

Answer

Correct Answer: Decision tree

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35.

The advantage(s) of Scientific Research Method is/are:

Answer

Correct Answer: a and b

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36.

What will be the potential sampling frame(s) for a survey whose target population is infant children?

Answer

Correct Answer: Official school directories

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37.

A good research plan should include the following except:

Answer

Correct Answer: Prior Knowledge

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38.

While accepting or rejecting a null hypothesis , ________ are the regions that help to arrive at a decision.

Answer

Correct Answer: critical regions

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39.

Examples of Measures of central tendency include:

Answer

Correct Answer: Mean

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40.

The correlation co-efficient quantifies the strength of the relationship between two variables and the value of this co-efficient falls between:

Answer

Correct Answer: -1.0 and +1.0

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41.

Cross tabulation of data is possible through the following:

Answer

Correct Answer: Contingency tables

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42.

Probability proves useful:

Answer

Correct Answer: in deducing larger implications from a given data.

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43.

Cluster sampling and Stratified sampling form part of Probability Sampling Methods.

Answer

Correct Answer: True

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44.

_________ is one of the basic methods of inferential statistics that helps a researcher determine the difference between a real and a random pattern in a data set.

Answer

Correct Answer: Hypothesis testing

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45.

Of the three Measures of central tendency, which one is the most sensitive to outliers?

Answer

Correct Answer: Mean (Arithmetic)

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46.

Trying to learn more about a larger population from a small sample, is an example of:

Answer

Correct Answer: inferential analysis

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47.

Numerical data can be presented by way of which of the following:

Answer

Correct Answer: a&c

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48.

Which data category uses numbers to indicate a classification?

Answer

Correct Answer: Nominal

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49.

In statistical analysis, central tendency points to the clustering of the data around a _____________.

Answer

Correct Answer: central value

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50.

Statistics can be divided into 2 broad sections. One is Descriptive Statistics, the other is:

Answer

Correct Answer: Inferential Statistics

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51.

The following statements regarding a Hypothesis are true except:

Answer

Correct Answer: It helps to design your research.

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52.

When you are figuring out How to collect, process and analyze data, you are:

Answer

Correct Answer: Designing your research

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53.

Stem and leaf display is an example of:

Answer

Correct Answer: Ordered array

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54.

The components of Simple Linear Regression model include the following except:

Answer

Correct Answer: The dependent variable

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55.

Standard deviation is the most common measure of __________.

Answer

Correct Answer: dispersion

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56.

The population you are interested in studying is called:

Answer

Correct Answer: Target population

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57.

What is the probability of occurrence of a Type I error referred to as?

Answer

Correct Answer: Level of significance

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58.

Statistics is a branch of ______ 

Answer

Correct Answer: mathematics

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59.

Probability can be determined by:

Answer

Correct Answer: a and b

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60.

Which of these can be used as source(s) of data collection?

Answer

Correct Answer: a & b

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61.

Which type of sampling method solicits the opinions of pre-selected experts?

Answer

Correct Answer: Judgment sampling

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62.

The relationship between two variables is of two types. One is Linear, the other is:

Answer

Correct Answer: Curvilinear

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63.

A sample of a population is:

Answer

Correct Answer: a subset of the population you are studying.

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64.

While following the Scientific Research steps, a researcher has to construct a hypothesis soon after defining the problem

Answer

Correct Answer: False

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65.

Which of the following form(s) part of descriptive analysis?

Answer

Correct Answer: All of the above

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66.

When a person conducts analysis using data he or she has not collected, the source of such data is called:

Answer

Correct Answer: Secondary source

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67.

There are two ways to present categorical data. One is by way of graphs, the other is by way of ____ 

Answer

Correct Answer: tables

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68.

The _____ is a useful tool for assessing whether the means of two groups of variable are statistically different from each other.

Answer

Correct Answer: T-test

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69.

When a researcher doesn't know much about a certain problem and wants to gain more information about it, which research design will he use?

Answer

Correct Answer: Exploratory

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70.

 Arranging your target population in an ordered scheme from which participants or items are chosen at regular intervals is an example of:

Answer

Correct Answer: Systematic sampling

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71.

A study finds that children who spend more hours in TV viewing score lower class grades in school. This correlation is an example of:

Answer

Correct Answer: Negative correlation

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72.

______ is the most frequent value that is present in your data.

Answer

Correct Answer: Mode

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73.

______ is one way to understand the relationship between two variables that occur at the same time.

Answer

Correct Answer: Correlation

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74.

Population parameters include the following except:

Answer

Correct Answer: population hypothesis

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75.

Prior experience and situational analysis are important in making decisions when a person does not have enough information to calculate the probability of occurrence of an event.

Answer

Correct Answer: True

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76.

The Causal Research design is used when the ______ factor about some phenomenon or issue is being researched.

Answer

Correct Answer: Why

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77. Is it true that nCr = nC(n-r) ?

Answer

Correct Answer: yes

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78. Suppose E and F are events in a sample space S. Suppose further that E has probability .5, F has probability .6, and the intersection of E and F has probability .2. Find the probability of the union of E and (the complement of F).

Answer

Correct Answer: .6

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79. Suppose E and F are independent events in a sample space S. Suppose further that E has probability .3 and F has probability .4. What is the probability of the union of E and F?

Answer

Correct Answer: .58

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80. What is the cumulative probability at -1 standard deviation for a normal distribution?

Answer

Correct Answer: 15.87%

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81. Which of the following is NOT essential for multiple regression modeling?

Answer

Correct Answer: The sample population must be derived from a normally distributed population.

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82. A card is drawn randomly from a deck of ordinary playing cards. You win $10 if the card is a spade or an ace. What is the probability that you will win money from playing the game once?

Answer

Correct Answer: 4/13

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83. Suppose X and Y are independent random variables. The variance of X is equal to 16; and the variance of Y is equal to 9. Let Z = X - Y. What is the standard deviation of Z?

Answer

Correct Answer: 5

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84. Suppose E and F are events in a sample space S. Suppose further that E has probability .3, F has probability .4, and the intersection of E and F has probability .2. Find the probability of the intersection of E and (the complement of F).

Answer

Correct Answer: .1

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85. Suppose E and F are events in a sample space S. Suppose further that E has probability .8 and F has probability .9. What is the smallest possible value for the probability of the intersection of E and F?

Answer

Correct Answer: .7

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86. P(A|B)=.6 P(A)=.3 P(B)=.4 What is P(B|A)?

Answer

Correct Answer: .8

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87. What is the probability that a coin will land on the same side when flipped twice?

Answer

Correct Answer: .5

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88. Event A and Event B are independent and mutually exclusive. True or False: The probability of A must be 0 or the probability of B must be 0.

Answer

Correct Answer: True

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89. A coin is tossed three times. What is the probability that it lands on heads exactly one time?

Answer

Correct Answer: 0.375

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90. P(X|Y)=.5 P(X)=.2 P(Y)=.4 What is P(X and Y),

Answer

Correct Answer: .2

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91. What power is used in the formula for kurtosis?

Answer

Correct Answer: 4

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92. Which of the following numbers (measures of kurtosis of a distribution) would represent a leptokurtic distribution?

Answer

Correct Answer: 4

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93. Which of the following would be appropriate for a t-test?

Answer

Correct Answer: Determining if a group of people who slept 4 hours before a test will score lower than a group of people who slept 8 hours before a test.

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94. A survey was conducted to find the average weight of students living in the dorms or a university. To help improve the accuracy of the study, an equal number of students were randomly selected from each dorm for the sample. This sample is an example of what?

Answer

Correct Answer: Simple Random Sample

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95. The variance of X is 5 and the variance of Y is 8. What is the variance of X+Y?

Answer

Correct Answer: Not enough information.

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96. Which of the assumptions is not one of the assumptions for creating a linear regression model (ie. Gauss-Markov Assumptions)?

Answer

Correct Answer: The residuals must have a variance that depends on the values in the explanatory variable.

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97. Which of the following numbers (measures of kurtosis of a distribution) would represent a platykurtic distribution?

Answer

Correct Answer: 2

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98. What is another form of expressing beta1 in a simple linear regression? y=dependent variable x=independent variable

Answer

Correct Answer: cov(xy)/var(x)

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99. Which statistic is not a measure of effect size?

Answer

Correct Answer: F-statistic

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100. What formula is used to determine the probability of a series of outcomes WITH replacement?

Answer

Correct Answer: Hypergeometric

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101. What is the probability of drawing an Ace from a deck of cards that includes the two Jokers?

Answer

Correct Answer: 2/27

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102. Which of these linear regression models is quadratic?

Answer

Correct Answer: Y = B0 + B1X1 + B2(X1)^2

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103. What is a Type II error?

Answer

Correct Answer: Failure to reject the null hypothesis when it is false

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104. What does R^2 (R-Squared) calculate?

Answer

Correct Answer: The closeness of a regression to the underlying data

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105. What is the formula for the Pearsonian Coefficient of Skewness?

Answer

Correct Answer: 3*(population mean - population mode) / Standard deviation

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106. What is the coefficient of variation?

Answer

Correct Answer: Normalized measure of dispersion of a probability distribution

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107. Let X follow a Poisson distribution with a rate parameter of 7. What is Var(X)?

Answer

Correct Answer: 7

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108. The variance of X is 3. Y=3X. What is the variance of Y?

Answer

Correct Answer: 9

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109. Which should you use to analyze a continuous dependent variable against a categorical independent variable?

Answer

Correct Answer: ANOVA

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110. M=L+[d1/(d1+d2)], The M in the above equation represent?

Answer

Correct Answer: The modal item in a grouped distribution

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111. If I tossed a fair coin 3 times, what is the probability of it landing on tails only once?

Answer

Correct Answer: 3/8

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112. For an airline, many times small cities have limited flights that go into their airports. To get a flight to Columbia, SC you must go through one of three cities: Raleigh, NC, Atlanta, GA, or Charlotte, NC. Two customers from Orlando, FL are trying to get to Columbia, SC with only one stop (one of the three above mentioned cities). Assume that they are equally likely to go through any of the above cities. What is the probability one of the customers fly through Charlotte, NC, while the other does not fly through Charlotte, NC?

Answer

Correct Answer: 4/9

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113. What is the probability of rolling a seven on two six-sided dice?

Answer

Correct Answer: 1/6

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114. What is the probability that two six-sided dice will roll the same number?

Answer

Correct Answer: 1/6

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115. Suppose E and F are independent events in a sample space S. Suppose further that E has probability .3 and F has probability .4. What is the probability of the intersection of E and F?

Answer

Correct Answer: .12

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116. Chi-square is used predominantly in _______ statistics.

Answer

Correct Answer: non-parametric

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117. How do you calculate the standard error of the mean? (obs. = observations, sqrt = Square Root)

Answer

Correct Answer: Standard deviation/ sqrt(number of obs.)

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118. What is synonymous with the correlation coefficient?

Answer

Correct Answer: R

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119. Which of the following would be appropriate for ANOVA?

Answer

Correct Answer: Determining which of several training programs yields the highest mean performance score on the exit exam

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120. For an airline, many times small cities have limited flights that go into their airports. To get a flight to Columbia, SC you must go through one of three cities: Raleigh, NC, Atlanta, GA, or Charlotte, NC. Two customers from Orlando, FL are trying to get to Columbia, SC with only one stop (one of the three above mentioned cities). Assume that they are equally likely to go through any of the above cities. What is the probability neither of the customers fly through Charlotte, NC?

Answer

Correct Answer: 4/9

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121. What is the expected value of rolling an unbiased die (6 sided)?

Answer

Correct Answer: 3.5

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122. What is homoskedastic?

Answer

Correct Answer: The adjustment factor doesn't change (e.g. epsilon)

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123. Suppose E and F are events in a sample space S. Suppose further that E has probability .8 and F has probability .9. What is the largest possible value for the probability of the intersection of E and F?

Answer

Correct Answer: .8

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124. Suppose E and F are mutually exclusive events in a sample space S. Suppose further that E has probability .3 and F has probability .4. What is the probability of the intersection of E and F?

Answer

Correct Answer: 0

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125. Which of the following is NOT a commonly used estimator in determining the parameters of an unknown probability density function?

Answer

Correct Answer: Fourier transform

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126. What is synonymous with the coefficient of determination?

Answer

Correct Answer: R-Squared

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127. For a random variable X, E[X]=3 and E[X^2]=14. Var[X]=?

Answer

Correct Answer: 5

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128. The preseason odds that the Hartford Whalers will win The Stanley Cup Championship are 1/4, and the odds are the same for the California Golden Seals. What is the probability that BOTH will win the championship?

Answer

Correct Answer: 0

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129. What is the kurtosis of a normal distribution?

Answer

Correct Answer: 3

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130. What is the cumulative probability at +1 standard deviation, for a random variable with normal distribution?

Answer

Correct Answer: 84.13%

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131. A card is drawn randomly from an ordinary deck of playing cards. You win a prize if the card is a heart or the card is an ace. What is the probability that you will win the prize?

Answer

Correct Answer: 16/52

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132. The variance of X is 15. Y=X+5. What is the Variance of Y?

Answer

Correct Answer: 15

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133. Find the z-score: mean = 6, standard dev. = 2, observation = 7

Answer

Correct Answer: .5

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134. What are the characteristics of the f-distribution.

Answer

Correct Answer: It is skewed to the right, and we can only use it to perform one-tailed tests.

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135. What power is used in the formula for skewness?

Answer

Correct Answer: 3

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136. Suppose E and F are events in a sample space S. Suppose further that E has probability .2, F has probability .6, and the intersection of E and F has probability .1. What is the probability of the union of E and F?

Answer

Correct Answer: .7

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137. In hypothesis testing, which of the following statements is always true?

Answer

Correct Answer: The P-value is a probability.

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138. Suppose A is always 3. Var(B)=4. What is Var(A+B)?

Answer

Correct Answer: 4

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139. What is derived from the third moment of distribution?

Answer

Correct Answer: Skewness

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140. Where would the outliers be if a distribution had a skewness of -1?

Answer

Correct Answer: Left

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141. Say 2 events satisfy the following equation: P(A intersect B) = P(A) x P(B). We say that events A and B are __.

Answer

Correct Answer: Independent

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142. P(A)*P(B)=P(A and B) What can you conclude about A and B?

Answer

Correct Answer: They are independent.

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143. The median grade on a midterm exam in a math class of 60 students is 85. The teacher gives an additional 5 bonus points to the 3 students who scored the highest on the exam. What is the new median grade for the class?

Answer

Correct Answer: 85

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144. If you have a hypothesis test with a significance level of 0.05 and a p-value of 0.01, what is the result of your hypothesis test?

Answer

Correct Answer: You reject the null hypothesis

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145. P(n,r) is equal to...

Answer

Correct Answer: n!/(n-r)!

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146. When do you fail to reject the null hypothesis?

Answer

Correct Answer: P-Value is > alpha (level of significance)

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147. Which of the following is A test of normality?

Answer

Correct Answer: Kolmogrov-Smirnov Test of Normality

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148. Which of the following statements are true about confidence intervals for means? 1. The center of the confidence interval is always 0. 2. The bigger the confidence interval, the smaller the margin of error. 3. The bigger your sample, the smaller the margin of error.

Answer

Correct Answer: 3 only

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149. Symbolism: What does the Greek letter mu represent (without any other symbols) in statistics?

Answer

Correct Answer: Population mean

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150. C(n,r) is equal to...

Answer

Correct Answer: n!/(r!(n-r)!)

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151. Which of the following is a characteristic of an F-distribution?

Answer

Correct Answer: Right Skewed

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152. A manager of a large bank wants to compute the average interest rates across all bonds that the bank invests in. The manager randomly sampled 127 bonds that the bank invests in and calculated the average interest rate over the past year of the sample was 2.47%. What is the parameter of interest in this study?

Answer

Correct Answer: The average interest rate of all bonds that the bank invests in.

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153. A bag contains 4 balls (2 red and 2 blue). You pull out one ball at a time without replacement. What is the probability that the fourth ball chosen is a red ball?

Answer

Correct Answer: 1/2

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154. The center line inside a box plot typically represents the _____ in any instance.

Answer

Correct Answer: Median of the distribution

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155. Suppose you have generated this model to predict income: Income = 10 + .5(Years of Education), units are in thousands, ie 10.5 = $10,500. Interpret Beta1.

Answer

Correct Answer: For every additional year of education, income is expected to increase by $500.

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156. What is the formula for the variance of a population?

Answer

Correct Answer: SUM(((observation - sample mean)^2) / Number of observations)

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157. Which one of these variables is a binomial random variable?

Answer

Correct Answer: number of women taller than 68 inches in a random sample of 5 women

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158. Which of the following would be appropriate for a z-test?

Answer

Correct Answer: Determining whether the life expectancy of women in a population is statistically different from that of men

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159. Which of the following statements are true? 1. Categorical variables are the same as qualitative variables. 2. Categorical variables are the same as quantitative variables. 3. Quantitative variables can be continuous variables.

Answer

Correct Answer: 1 and 3 only

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160. _____ data is an example of nonmetric data.

Answer

Correct Answer: Ordinal

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161. What is the first moment of distribution?

Answer

Correct Answer: Mean

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162. Suppose c is a constant number. Calculate var(c).

Answer

Correct Answer: 0

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163. The probability of a discrete value in a continuous distribution is equal to __?

Answer

Correct Answer: 0

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164. Suppose E and F are mutually exclusive events in a sample space S with probabilities .4 and .3 respectively. What is the probability of their union?

Answer

Correct Answer: .7

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165. What is the median of the following 5 numbers? 10, 2, 4, 3, 1

Answer

Correct Answer: 3

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166. Which one of these variables is a continuous random variable?

Answer

Correct Answer: The time it takes a randomly selected student to complete an exam.

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167. Experts rank athletic teams 1 through 10. This is an example of ______ data.

Answer

Correct Answer: ordinal

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168. What is derived from the second moment of distribution?

Answer

Correct Answer: Variance

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169. In a probability distribution, the second central moment can be another term for which of the following?

Answer

Correct Answer: Variance

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170. When does a Type I error occur?

Answer

Correct Answer: You reject the null hypothesis when it is true

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171. What is the most commonly used statistical measure of spread in a normally-distributed population?

Answer

Correct Answer: standard deviation

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172. Interpret an R-squared coefficient of .6 for a simple linear regression.

Answer

Correct Answer: 60% of the variability in our dependent variable can be explained by our independent variable.

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173. Which of the following is an example of mutually exclusive events?

Answer

Correct Answer: Being late to a meeting and being early to the same meeting

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174. What is the probability of rolling a fair dice and getting an even number and flipping a fair coin getting a head?

Answer

Correct Answer: 0.25

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175. The average price of a car in a used car lot is $18,000. These prices are Normally distributed with a standard deviation of $3,000. What is the probability that any random car is below $18,000?

Answer

Correct Answer: 50%

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176. The variable X is the value of an uneven dice after one roll. It produced the following probability distribution P(X): P(1) = 0.05 P(2) = 0.28 P(3) = 0.12 P(4) = 0.23 P(5) = ? P(6) = ? What is the probability that X = 2 or X = 3?

Answer

Correct Answer: 0.4

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177. The variable X is the value of an uneven dice after one roll. It produced the following probability distribution P(X): P(1) = 0.05 P(2) = 0.28 P(3) = 0.12 P(4) = 0.23 P(5) = ? P(6) = ? What is the probability that X = 5 or X = 6?

Answer

Correct Answer: 0.32

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178. How can you convert a standard deviation to a variance?

Answer

Correct Answer: Square the standard deviation

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179. Which plot is best use to display the relationship between a continuous dependent variable against a continuous independent variable

Answer

Correct Answer: Scatter plot

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180. Symbolism: What does the x-bar represent (without any other symbols) in statistics?

Answer

Correct Answer: Sample mean

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181. How do you calculate the Z-Score?

Answer

Correct Answer: = (observation - sample mean) / standard deviation

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182. Suppose a fair die is tossed twice. What is the probability of rolling two fours?

Answer

Correct Answer: 1/36

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183. What is the probability of rolling a fair dice and getting a 1 and flipping a fair coin getting a head?

Answer

Correct Answer: 1/12

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184. A ______ is a numerical characteristic of a population

Answer

Correct Answer: parameter

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185. Where would the outliers be if a distribution had a skewness of +50?

Answer

Correct Answer: Far right

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186. What is the difference between the mean and the median?

Answer

Correct Answer: Median is not affected by skewness of the distribution

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187. _____ are collections of observations.

Answer

Correct Answer: Data

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188. Symbolism: What does the small sigma represent (without any other symbols) in statistics?

Answer

Correct Answer: Standard Deviation

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189. How is P(A|B) interpreted?

Answer

Correct Answer: The probability event A happens given that event B has happened

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190. Suppose E is an event in a sample space S with probability .3. What is the probability of the complement of E?

Answer

Correct Answer: .7

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191. Where would the outliers be if a distribution had a skewness of +1?

Answer

Correct Answer: Right

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192. You calculate the standard deviation of a data set and find that it is -1.23. From this you can determine which of the following is true?

Answer

Correct Answer: You made an arithmetic mistake because standard deviation cannot be negative.

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193. What is the probability of rolling a fair dice and getting an even number?

Answer

Correct Answer: 1/2

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194. Which of the following is not a measure of spread?

Answer

Correct Answer: Upper Quartile

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195. Over the last 360 days of winter in Raleigh, NC (5 winters) we have had snow on 36 days. What is the probability that we will have snow on any random winter day this year?

Answer

Correct Answer: 0.1

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196. Where would the outliers be if a distribution had a skewness of -50?

Answer

Correct Answer: Far left

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197. Bob is a high school basketball player, who is a 72% free throw shooter. Bob has missed his first four free throws of the game. What is the probability that Bob makes his fifth free throw?

Answer

Correct Answer: 72%

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198. Using previous games to predict the score of a game is an example of ________ statistics.

Answer

Correct Answer: inferential

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199. How can you convert a variance to a standard deviation?

Answer

Correct Answer: Take the square root of the variance

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200. A forestry researcher recorded many variables on the trees of a large forest. These variables include the height (in meters), the diameter (in centimeters), the species (pine, oak, etc.), and if the tree had Dutch Elm disease. In this study which variables that were recorded were quantitative?

Answer

Correct Answer: Only height and diameter.

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201. Let A be a normal distribution with a mean of 3 and B be a normal distribution with a mean of 17. What is the mean of A+B?

Answer

Correct Answer: 20

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202. Which of the following is NOT a characteristic of a Normal distribution?

Answer

Correct Answer: Right Skewed

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203. Which of the following is a measure of spread?

Answer

Correct Answer: Range

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204. The median grade on a midterm exam in a math class is 72. The teacher feels this is too low, so they award 10 extra points to every student in the class. What is the new median grade for the class?

Answer

Correct Answer: 82

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205. Your college professor standardizes everyone's test scores. Your standardized score is -1.35. Which of the following statements is true?

Answer

Correct Answer: Your test score was below the average.

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206. The, "null hypothesis," refers to

Answer

Correct Answer: that there is no relationship between two phenomena

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207. Two coins are tossed, what is the probability that two heads are obtained?

Answer

Correct Answer: .25

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208. The average grade on a midterm exam in a math class is 72. The teacher feels this is too low, so they award 10 extra points to every student in the class. What is the new average grade for the class?

Answer

Correct Answer: 82

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209. What is the skewness of a normal distribution?

Answer

Correct Answer: 0

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210. What power is used in the formula for variance?

Answer

Correct Answer: 2

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211. True or false? Qualitative data is strictly numerical.

Answer

Correct Answer: False

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212. What is the median of the following 5 numbers? 1, 2, 3, 4, 10

Answer

Correct Answer: 3

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213. A normal distribution generally takes the form of _______.

Answer

Correct Answer: bell curve

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214. What is the mean of: 5, 10, 15?

Answer

Correct Answer: 10

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215. The Square of the standard deviation is called

Answer

Correct Answer: Variance

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216. The difference between the highest and lowest scores is called the ______.

Answer

Correct Answer: range

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217. You flip an unbiased coin one time - what is the probability of getting tails?

Answer

Correct Answer: 50%

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218. Where would the outliers be if a distribution had a skewness of 0?

Answer

Correct Answer: No outliers

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219. A mean calculation is a part of _______ statistics.

Answer

Correct Answer: parametric

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220. Which of the following is quantitative data:

Answer

Correct Answer: Test scores for English class

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221. The ______ describes the dispersion of a data set.

Answer

Correct Answer: standard deviation

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222. What is the value of the middle observation in a ordered set of numbers

Answer

Correct Answer: Median

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223. What is the mode of: 5, 10, 10, 15, 17?

Answer

Correct Answer: 10

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224. What is the average of the following 5 numbers? 1, 2, 3, 4, 10

Answer

Correct Answer: 4

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225. Discrete and continuous data are both forms of _______ data.

Answer

Correct Answer: quantitative

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226. You flip an unbiased coin 2 times - what is the probability of getting 2 heads?

Answer

Correct Answer: 25%

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227. The number of cars that went through a car wash during the noon hour over each of the past 8 days are the following: 5, 9, 2, 3, 3, 9, 8, 6 What is the range of this data?

Answer

Correct Answer: 7

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228. If a data set follows a normal distribution, approximately ___% of data falls within 1 standard deviation of the mean.

Answer

Correct Answer: 68%

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229. What is true about these 5 numbers? -2, -1, 0, 5, 10

Answer

Correct Answer: The mean is larger than the median.

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230. What is the mean of a standard normal distribution?

Answer

Correct Answer: 0

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231. What is the median of: 5, 10, 15?

Answer

Correct Answer: 10

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