1.Which measure would help us evaluate what happens in the highest and lowest 10 percent of the data?

• Quintiles
• Deciles
• Average
• Quartiles

2.Descriptive analytic measures of variability include all except which of the following?

• Medians
• Standard Deviation
• Maximums
• Minimums

3.Descriptive analytics of a return on market equity performed by researchers, __________ , provide examples of a possible anomaly right around zero that requires further analysis.

• Burgstahler and Dichev
• Davis and Castro
• Deutch and Sensenbrenner
• Buck and Jordan

4.Descriptive statistics are analytics that characterize, summarize, and organize features and properties of the data to facilitate understanding. (true or false)

5.The best way to analyze the extreme values in the sample would be to consider the _______.

• mean
• standard deviation
• maximum or minimum
• mode