Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(31452) Final Exam Question 13 of 15 This test: 41 point(s) possible This question: 4 point(s) possible Submit test Suppose the following information is collected

image text in transcribedimage text in transcribedimage text in transcribed
image text in transcribedimage text in transcribedimage text in transcribed
(31452) Final Exam Question 13 of 15 This test: 41 point(s) possible This question: 4 point(s) possible Submit test Suppose the following information is collected on an application for a loan. a. Previous loan payments of $576 is what type of variable? a. Previous loan payments: $576 b. Number of jobs in the past 10 years: 2 O Categorical c. Own a second vehicle: No d. Own a second home: Yes O Numerical, discrete O Numerical, continuous Classify each of the responses by type of data. b. The number of jobs in the past 10 years is what type of variable? O Categorical O Numerical, continuous O Numerical, discrete c. Own a second vehicle is what type of variable? O Numerical, continuous O Categorical O Numerical, discrete d. They own a second home is what type of variable? Numerical, discrete O Categorical O Numerical, continuous Time Remaining: 02:53:17 Next2000 (31452) Final Exam Question 14 of 15 This test: 41 point(s) possible This question: 4 point(s) possible Submit test K The following is a set of data from a sample of n = 5. 11 -2 -7 11 12 2 a. Compute the first quartile (Q,), the third quartile (Q3), and the interquartile range. b. List the five-number summary. c. Construct a boxplot and describe the shape. a. The first quartile is ]. The third quartile is]. The interquartile range is b. The five-number summary is. . . . . (Use ascending order.) c. Which of the following is the correct boxplot? O A. O B. O c. H o 10 What is the shape of the data? Left-skewed O Symmetric O Right-skewed Time Remaining: 02:53:04 Next(31452) Final Exam Question 15 of 15 This test: 41 point(s) possible This question: 1 point(s) possible Submit test Why is only one normal distribution table needed to find any probability under the normal curve? Choose the correct answer below. O A. Normal distribution tables record every single possible normal probability. O B. The normal distribution is discrete. O C. The normal distribution is rectangular. O D. Any variable value can be transformed to a Z value. Time Remaining: 02:52:51 Submit test

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Algebra (subscription)

Authors: Elayn Martin Gay

6th Edition

0135176301, 9780135176306

More Books

Students also viewed these Mathematics questions

Question

=+5. For the cost matrix of Exercise 3,

Answered: 1 week ago

Question

Mortality rate

Answered: 1 week ago

Question

Armed conflicts.

Answered: 1 week ago