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L15.2082 - Statistics for Business and Economics (2024/2025)

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For what type of data makes sense to compute the mode?

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Which of the following is not a characteristic of the mode?

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Consider the speed of a car measured in km/h (K) and the same speed measured in miles per hour (M), with .

If the variance of the car's speed when measured in km/h is 12.1, what is the variance when the car's speed is measured in miles per hour? Present your result with two decimal values. 

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Consider the summary statistics table presented below:

j

What is the variance of the variable Temp? Present your result with one decimal value. 

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Consider the box plots for the distribution of variables A, B an C below

Which of the following best describes the shape of the distribution of each of these variables?

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Compute the mean absolute deviation of the number of cigarettes smoked per day, considering the following data set: [ 2 , 6 , 8 , 3 , 7 ]

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Consider the frequency table for the variable monthly income (in hundreds of dollars) for a sample of 400 individuals,

In this sample, for 25% of the individuals monthly income is at most 15 hundreds of dollars and for 75% of the individuals monthly income is at most 30 hundreds of dollars. Choose the correct option below.

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In a Positive-skewed distribution what is the usual relation between the three central tendency measures?

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Which of the following is not a characteristic of the mean?

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Which central tendency measure is the same as the second quartile?

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