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BUSA320 : Statistics for Decision-Making Textbook : BSTAT 2nd with Review Cards+ ApliaAuthor: KellerPublisher: Cengage Learning Exam 1 covers chapters 1 – 4 and is comprised of True/False, Multiple Choice and Essay (short answer) Questions. The True/False and Multiple Choice questions are worth 2 points each. The Essay questions are worth 5 points each. The exam is open book and will be given on a Saturday (see syllabus for exact dates). You have 120 minutes (2 hours) to complete the exam. Your answers need to have the correct units and be rounded to 2 decimal places to be considered for full credit. A non-graphing calculator is permitted to assist on the math calculations. The total exam is worth 136 points out of 125 points. This means there are 11 points available for extra credit. I will record the total points earned in Laulima Gradebook out of 125. Aplia will grade all questions except the Essay questions. Those questions will be manually graded and recorded with your final grade in Laulima Gradebook.CHAPTER 1 – What is Statistics?LO1 – KEY STATISTICAL CONCEPTSDescriptive StatisticsInferential StatisticsPopulationParameterSampleStatisticStatistical InferenceConfidence LevelSignificance LevelCHAPTER 2 – Graphical and Tabular Descriptive TechniquesLO1 – TYPES OF DATA AND INFORMATIONIntervalNominalOrdinalLO2 – BAR AND PIE CHARTSFrequenciesBar ChartsPie ChartsLO3 – HISTOGRAMS AND STEM-AND-LEAF DISPLAYSHistogramsShapes of HistogramsStem-and-Leaf LO4 – LINE CHARTSLine ChartsCross-sectional dataTime-series dataCHAPTER 3 – Numerical Descriptive TechniquesLO1 – MEASURES OF CENTRAL LOCATIONMeanMedianModeLO2 – MEASURES OF VARIABILITYRangeVarianceStandard DeviationEmpirical RuleLO3 – MEASURES OF RELATIVE STANDING AND BOX PLOTSQuartilesInterquartile RangeLO4 – MEASURES OF LINEAR RELATIONSHIPCovarianceCoefficient of CorrelationInterpretationCHAPTER 4 – Data Collection and SamplingLO1 – METHODS OF COLLECTING DATAObservationalExperimentsSurveysPersonal InterviewTelephone InterviewSelf-Administered SurveyLO2 – SAMPLINGTarget PopulationSampled PopulationSelf-Selected SamplesLO3 - SAMPLING PLANSSimple Random SamplingStratified Random SamplingCluster SamplingLO3 – SAMPLING AND NONSAMPLING ERRORSSampling ErrorNon-Sampling Error

BUSA320 Statistics: file1 study review and file2. exam review

Question # 00048216 Posted By: sookja Updated on: 02/12/2015 02:48 PM Due on: 02/13/2015
Subject Business Topic General Business Tutorials:
Question
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Hi,
I want it back until Friday night , 2-13-15.
Exam day is Saterday.
Can you please give me back as soon as possible early?

BUSA320 : Statistics for Decision-Making

Textbook : BSTAT 2nd with Review Cards+ Aplia

Author: Keller

Publisher: Cengage Learning

1) Pets Survey

Families were asked how many pets they owned. Their responses are summarized in the following table.

Number of Pets

0

1

2

3

4

5

Frequency

3

20

5

4

2

2

a) How many families are represented in this survey?

ANS:

b) Across all families, how many total pets did they own?

ANS:

c)What proportion of families owned 3 pets?

ANS:

2) Hours Worked per Week

The following data represent the hours worked per week of a sample of 25 employees from a government department: 31, 43, 56, 23, 49, 42, 33, 61, 44, 28, 48, 38, 44, 35, 40, 64, 52, 42, 47, 39, 53, 27, 36, 35, and 20.

a) Construct a stem and leaf display for the hours.

ANS:

Stem

Leaf

b) Find the median hours.

ANS:

c) Compute the sample mean hours.

d) Find the modal hours.

ANS:

e) Compare the mean and median hours for these employees and use them to discuss the shape of the distribution.

ANS:

3) A basketball player has the following points for seven games: 20, 25, 32, 18, 19, 22, and 30. Compute the following measures of variability.

a.

Standard deviation

b.

Coefficient of correlation

ANS:

a.

b.

4) The frequency distribution representing the number of frequent flier miles accumulated by employees at Brumley Statistical Consulting Company is listed below.

Lead Time (days)

Frequency

0 up to 5

6

5 up to 10

7

10 up to 15

12

15 up to 20

8

20 up to 25

7

Total

40

a) How many orders were filled in less than 10 days?

b) In less than 15 days?

c) About 60% of the orders were filled in less than how many days?


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  1. Tutorial # 00045937 Posted By: shortone Posted on: 02/12/2015 03:01 PM
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    The solution of BUSA320 Statistics...
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