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Exam 5: Business Statistics

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Question 21

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Alice's Hardware's sales for the first two weeks were as follows: What would be the mode?

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2 modes: 1...

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Question 22

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The mean of the following is: 14, 8, 3, 8, 5

A) 7.2
B) 7.1
C) 7.4
D) 7.5
E) None of these

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Question 23

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Today, a new Ford costs $24,000. In 1970, the car cost $6,000. What is the price relative?

Abby McDonald took five three-credit courses at Glenn Community College. She received a C in Accounting and 4 B's (Management, Logic, Algebra, and Business Law). What is her grade point average? (Assume A = 4, B = 3, C = 2.)

This semester Alice Front took four three-credit courses at North Shore Community College. She received an A in Business Math and C's in History, Computers, and Accounting. What is her cumulative grade point average (assume A = 4, B = 3, C = 2) to the nearest hundredth?

Paula's Printing Company produced the following number of bound books during the first five weeks of last year: Prepare a bar graph.

360 $\degree$ represents 100% of a circle graph.

The range of 105, 108, 117, 122, 129, and 129 is:

Calculate the grade point average: A = 4, B = 3, C = 2, D = 1, F = 0.

Find the (A) mean, (B) median, and (C) mode: 18 25 16 29 38 18

The height of a bar chart represents the frequency.

Which is incorrect?

To avoid distortion of extreme values, a good indicator would be the:

A frequency distribution tries to avoid organizing numbers to show what patterns exist.

Given the following sales of Roe Co., prepare a line graph (run sales to $50,000 in increments of $10,000):

The median is a better indicator than the mean.

At the college bookstore, the following sales were rung up. Based on this, prepare a bar graph. Use intervals of 0-$5.99, $6.00-$11.99, $12.00-$17.99, and $18.00-$23.99.

If all values are different, there is no mode.

Bar charts are nonvisual presentations of data.

9.1% of a circle graph represents