<< Chapter < Page
  Introductory statistics     Page 1 / 36
Chapter >> Page >

Practice test 1

1.1: definitions of statistics, probability, and key terms

Use the following information to answer the next three exercises. A grocery store is interested in how much money, on average, their customers spend each visit in the produce department. Using their store records, they draw a sample of 1,000 visits and calculate each customer’s average spending on produce.

1 . Identify the population, sample, parameter, statistic, variable, and data for this example.

  1. population
  2. sample
  3. parameter
  4. statistic
  5. variable
  6. data

2 . What kind of data is “amount of money spent on produce per visit”?

  1. qualitative
  2. quantitative-continuous
  3. quantitative-discrete

3 . The study finds that the mean amount spent on produce per visit by the customers in the sample is $12.84. This is an example of a:

  1. population
  2. sample
  3. parameter
  4. statistic
  5. variable

1.2: data, sampling, and variation in data and sampling

Use the following information to answer the next two exercises. A health club is interested in knowing how many times a typical member uses the club in a week. They decide to ask every tenth customer on a specified day to complete a short survey including information about how many times they have visited the club in the past week.

4 . What kind of a sampling design is this?

  1. cluster
  2. stratified
  3. simple random
  4. systematic

5 . “Number of visits per week” is what kind of data?

  1. qualitative
  2. quantitative-continuous
  3. quantitative-discrete

6 . Describe a situation in which you would calculate a parameter, rather than a statistic.

7 . The U.S. federal government conducts a survey of high school seniors concerning their plans for future education and employment. One question asks whether they are planning to attend a four-year college or university in the following year. Fifty percent answer yes to this question; that fifty percent is a:

  1. parameter
  2. statistic
  3. variable
  4. data

8 . Imagine that the U.S. federal government had the means to survey all high school seniors in the U.S. concerning their plans for future education and employment, and found that 50 percent were planning to attend a 4-year college or university in the following year. This 50 percent is an example of a:

  1. parameter
  2. statistic
  3. variable
  4. data

Use the following information to answer the next three exercises. A survey of a random sample of 100 nurses working at a large hospital asked how many years they had been working in the profession. Their answers are summarized in the following (incomplete) table.

9 . Fill in the blanks in the table and round your answers to two decimal places for the Relative Frequency and Cumulative Relative Frequency cells.

# of years Frequency Relative Frequency Cumulative Relative Frequency
<5 25
5–10 30
>10 empty

10 . What proportion of nurses have five or more years of experience?

11 . What proportion of nurses have ten or fewer years of experience?

12 . Describe how you might draw a random sample of 30 students from a lecture class of 200 students.

13 . Describe how you might draw a stratified sample of students from a college, where the strata are the students’ class standing (freshman, sophomore, junior, or senior).

Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
Husseini Reply
Hi
mostafa
hi
LEMLEM
hello
Sammol
hi
Mahesh
bi
Ruqayat
hi
Ruqayat
Hi fellas
Nyawa
hey
Sammol
hi
God
hello
Jahara
Good morning
Jorge
hi
abubakar
hi
Nmesoma
hi
Mahesh
Hi
Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
Mercy Reply
Hi
Isiaka
Hi
Geli
hy
Man
👋
Bahunda
hy how are you?
Man
ys
Amisha
how are you guys
Sekou
f9 guys
Amisha
how are you guys
Sekou
ys am also fine
Amisha
fine and you guys
Geli
from Nepal
Amisha
nawalparasi district from belatari
Amisha
nd u
Amisha
I am Camara from Guinea west Africa... happy to meet you guys here
Sekou
ma management ho
Amisha
ahile becheclor ho
Amisha
hjr ktm bta ho ani k kaam grnu hunxa tw
Amisha
belatari
Amisha
1st year ho
Amisha
nd u
Amisha
ahh
Amisha
kaha biratnagar
Amisha
ys
Amisha
kina k vo
Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
Got questions? Join the online conversation and get instant answers!
Jobilize.com Reply

Get Jobilize Job Search Mobile App in your pocket Now!

Get it on Google Play Download on the App Store Now




Source:  OpenStax, Introductory statistics. OpenStax CNX. May 06, 2016 Download for free at http://legacy.cnx.org/content/col11562/1.18
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Introductory statistics' conversation and receive update notifications?

Ask