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SG4011 2425 (T2) Business Statistics and Data Analysis (OC)

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Weekly sales for a company are $10,000 with a standard deviation of $450.  Sales for the past week were $9050.  This is

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A sample of candies have weights that vary from 2.35 grams to 4.75

grams. Use this information to find the upper and lower limits of the first

class if you wish to construct a frequency distribution with 12 classes.

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At a local community college, five statistics classes are randomly

selected out of 20 and all of the students from each class are interviewed.

This is ………

sampling.

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In terms of probability, two events of the same experiment are said to be mutually exclusive if:

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Given the supply of a commodity, x, and the price of a commodity, y, would you expect a positive correlation, a negative correlation, or no correlation? 

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The

________ is the variable customarily termed

y

in the regression

straight-line equation.

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Use the given frequency distribution to find the (a) class width. (b)

class midpoints of the first class. (c) class boundaries of the first class.

Phone Calls (per day)

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A sample value that lies very far away from the majority of the other sample values is

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Given the equation of a regression line is y = -2.5x+ 5.3, what is the best predicted value for y given x = 4.9? Assume that the variables x and y have a significant correlation. 

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Determine whether the approximate shape of the distribution in the

histogram is symmetric, uniform, skewed left, skewed right, or none of these.

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