Assume the sample data was published in a business magazine. (please see attached chart)

 

1)     Which of the following is true about the data?

A.   Class is qualitative and ordinal

B.    Class is qualitative and nominal

C.    3 Month Return is quantitative and ordinal

D.   3 Month Return is quantitative and interval

 

2)     Study the graphic panels shown below and decide which one of them is a true reflection of the Excel dataset. Then pick the correct answer option listed below.

A.   Only panel A

B.    Only panel B

C.    Both A and B

D.   None of the panels is correct

 

3)     The data in the worksheet is best described as:

A.   Time series data

B.    Survey

C.    Primary data

D.   Secondary data

E.    Direct observation

 

4)     Create a frequency distribution with four classes for 3 Month Return. Set the upper limit of the classes to be: -10, 0, 10, 20.

What is the cumulative percent frequency for third class (which has upper limit of 10)?

A.   89%

B.    100%

C.    45%

D.   73%

 

5)     Assume you have collected monthly net profit data for a particular company over a 3 year period. The best graphical tool to display the data is:

A.   Bar chart

B.    Pie chart

C.    Line chart

D.   Stem and Leaf Display

E.    Scatter Diagram

 

6)     You have collected data about 20 different houses. For each house, you know the square footage of the house and annual cost of utilities. The best graphical tool to display the data is:

A.   Bar chart

B.    Pie chart

C.    Line chart

D.   Stem and Leaf Display

E.    Scatter Diagram

• 1496725179-Charts Q1-4.docx

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Status NEW Posted 06 Jun 2017 04:06 AM My Price 9.00

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