PART A (42%): Select the one response that best answers the question or completes the statement. 1. (3 pts) The following table summarized the 3. (3 pts) The following data represent the recent descriptive statistics on the Salary data of 30 sales price (in $1,000s) of 24 houses in a selected NBA players. Midwestern city. Salary 187 125 165 170 Mean $ 16,893,554 239 135 188 210 Standard Error 526,575 122 181 196 237 Median S 16,173,500 230 139 195 229 Standard Deviation S 2,884,169 228 172 127 139 Sample Variance 8.31843E+12 Suppose the data on house prices will be Kurtosis 1.05557747 grouped into five classes. The width of the Skewness ? classes for a frequency distribution or 0125 Range S 12,136,162 histogram is the closest to A. 15 Min = 122 1 25 Minimum 13,107,838 B. 20 May = 239 Maximum 25,244,000 C. 25 5 Sum $ 506,806,627 D. 30 Median = 5 Count 30 E. More than 30. Q3 = Based on what was shown in the above table, which of the following, among the four options, 4. (3pts) Calculate the interquartile range from the would be the most possible value of the following data: 1, 2 4, 5, 10 12, 18.? 715 missing "skewness"? A. 17 Mean > Median 1QR = Q3- Q1: 2 8 x 120 265 A. 1.0000 B. 10 Positive 25 C. 6 17 + 1 ) * 700 4 B. 1.0811 5 8x = 6 C. - 1.0563 D. All of the above would be possible 5. (3 pts) An analyst gathered the following 2. (3 pts) The accompanying chart shows the information about the net profit margins of companies in two industries: survey results of the nicest fruit among 145 Net Profit Margin Industry X Industry Y people. What type of chart is this? Mean 15.0% 5.0% Standard deviation 2.0% 0.8% The nicest fruit Range 10% 15% Compared with the other industry, the relative dispersion of net profit margins is smaller for Industry_ A. Y, because it has a smaller standard deviation. Apple Orange Banana Kiwitrua Blueberry Grapes B, Y, because it has a smaller mean and standard deviation. A. Bar chart for qualitative data X, because it has a smaller range. B. Bar chart for quantitative data X, because it has a smaller coefficient of C.)Frequency histogram for qualitative data variation. D. Frequency histogram for quantitative data range level Page 2 of 6 MBA 5634 Statistics Midterm Exam