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Sample/practice exam 28 February 2015, questions and

answers
Introduction to Business Data Analysis using Spreadsheets (University of Windsor)

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Question
The following lists various ways of describing types of data or variables:
A.
B.
C.
D.
E.
F.
G.
H.
I.
J.

nominal
ordinal
interval, discrete, cross-sectional
interval, continuous, cross-sectional
interval, discrete, time-series
interval, continuous, time-series
ratio, discrete, cross-sectional
ratio, continuous, cross-sectional
ratio, discrete, time-series
ratio, continuous, time-series

Place one of the letters, A thru J, in each of the spaces provided which best describes each of the
following data or variables.
_____ the reported weight of a diet plan participant every Friday over the past 6 months

_____ the exact time that it took each of 50 students to complete a midterm exam
_____ the school colours of each of 100 North American universities
_____ highest level of education completed by each of 100 senior citizens in South America
(elementary, high school, community college, university)
_____ the recorded high temperature in each of 100 North American cities in May, 2014
_____ the number of years of education completed by a random sample of 50 senior citizens in Canada

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Question
The following lists various types of basic sampling schemes:
A.
B.
C.
D.
E.
F.
G.

simple random sampling

systematic sampling
stratified random sampling
cluster sampling
judgment sampling
convenience sampling
focus groups

Place one of the letters, A thru G, in the spaces provided which describes which sampling scheme is being
used in each of the following scenarios:
_____ to estimate how many Windsor households use Windsor buses as their main source of
transportation in the city, you randomly selected four neighbourhoods to survey and selected
random samples of households within each of the selected neighbourhoods
_____ to estimate what percentage of the votes each Provincial party would get in a particular riding, a
local radio station sent reporters to each voting location in that riding and randomly selected
individuals coming out of each of those locations and asked them for whom did they vote
_____ to determine which political party has the best economic plan for the Province of Ontario, you
selected well known economists and asked their opinions
_____ to estimate what percentage of the votes each Provincial party would get at one voting location,
you stood outside that location, randomly selected the first person to ask for whom they voted,
and, then asked every 10th person thereafter
_____ to estimate how much money, on average, first year business students at the University of
Windsor spent on textbooks in their first semester, a staff member in the business school
randomly selected 50 of these students from a list of first year business students and ask them
how much they spent
_____ as a first year business student, to estimate how many hours on average, first year business
students spend studying per week, you asked that question of 10 first year business students
sitting around you in a large accounting class

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Question
The following lists basic types of graphs:
A.
B.
C.
D.
E.
F.
G.

bar chart
pie chart
stacked or composite bar chart (actual numbers)
stacked or composite bar chart (percentages)
line chart
histogram
scatter plot

Place one of the letters, A thru G, in the spaces provided to indicate the most appropriate graph for you to
use in each of the following situations.
_____ you want to examine the trend in the average weekly price of regular gasoline in Windsor over
the last two years
_____ you want to look at the distribution in hours spent studying per week by first year business
students
_____ you want to examine the relationship between the number of hours spent studying per week by
first year business students in their accounting course and their final grades in that course

D or _____
B or _____

you want to examine the percentages of exchange students, at the University of Windsor, coming
from various countries around the world in the year 2012
you want to be able to compare the average number of hours business, engineering, science, arts
and human kinetics students spend studying per week

_____ you want to be able to make a comparison, between the years 2010 and 2012, of the numbers of
exchange students at the University of Windsor coming from various countries

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Question
The left hand column lists formulas or measures (where no formula is used) that are used to calculate
various statistics based on data obtained from a sample. The right hand column lists various
descriptions of various statistics or parameters. Match the formulas or measures in the left hand
column with the descriptions in the right hand column by inserting the appropriate letters in the spaces
provided. (Obviously there are two more descriptions than formulas or measures. Therefore two
descriptions will not be used.)

1. _____

2. _____ xmax

3. _____

4. _____

)2

( xi

xmin
x )2

( xi
n 1
xi
n

5. _____ mode

6. _____

( xi
n 1

7. _____ median

8. _____

xi wi
wi

x )2

A.

The sample standard deviation

B.

The population standard deviation

C.

The range of the sample data

D.

The sample weighted average

E.

The middle value when data are ordered

F.

The sample variance

G.

The sample mean

H.

The sample coefficient of variation

I.

The population variance

J.

The value or category which occurs most often.

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Question
On the next sheet of paper there are several graphs. Match the following statements with these graphs
by filling in the blanks with the correct letter. Some statements may not be assigned to a graph and
some statements may be assigned to more than one graph. (Proper labelling has not been used to save
space.)
A

the graph which shows that the distribution of variable X is symmetrical and bimodal

the graph which shows that the distribution of X is left skewed

the graph which shows that the distribution of X is right skewed

the graph which shows that the distribution of X is symmetrical and unimodal

the graph which best indicates the relative importance of the categories of a single variable

the graph which best compares the relative importance of the categories of two variables

the graph which best shows the importance of the categories of a single variable

the graph which best shows the importance of the categories of two variables

the graph which shows that variable X is increasing slowly over time

the graph which shows that variable X is increasing rapidly over time

the graph which shows a strong positive linear relationship between two quantitative variables

the graph which shows a fairly weak negative linear relationship between two quantitative
variables

the graph which shows a strong non-linear relationship between two quantitative variables

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_____

40
35
30
25
20
15
10
5
0

_____
100%

%ofRespondentsbyCategory

90%

D
10%

A
20%

%ofRespondentsbyCity

No.ofRespondents

____

C
30%

80%
70%
60%

50%

40%

30%
20%

10%

0%

Windsor

B
40%

Category

_____

London
City

_____

160

_____

Salesovertime($M)

DistributionofSickDays

12

100

10

80

60
40

20

8
6
4
2

0
Windsor

No.ofEmployees

120

Sales($M)

No.ofRespondents

140

London

2005 2006 2007 2008 2009 2010

0to5 5to10 10to1515to2020to2525to30

Year

No.ofSickDays

City

_____

_____

_____

10

DistributionofX

16

15

14

13

No.ofRespondents

12

12

10

No.ofEmployees

0
15to
20

20to
25

12

Max

Q1 Q2
Min

9
7
5
3
1

16

_____

0to5 5to10 10to 15to 20to 25to 30to

15
20
25
30
35

11

1
0

25to
30

No.ofSickDays

_____

RelationshipbetweenXandY

DistributionofSickDays

0to5 5to10 10to

15

16
14
12
10
8
6
4
2
0

_____

Q3

Box and whisker plot

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Question
Match each of the following measures (or combinations of measures) with the following descriptions
of the characteristics of the measure. There are more measures or combination of measures than
descriptions and, thus, not all measures or combination of measures will be matched with a
description. A measure or combination of measures may be assigned to more than one description.
A.
B.
C.
D.
E.
F.
G.
H.
I.
J.
K.
L.

Mean, median, mode

Mean, median
Mean
Mode
Range, standard deviation, variance
Range
Variance
Mean, variance, standard deviation, coefficient of variation
Mean, variance, standard deviation
Range, coefficient of variation
Coefficient of variation
Variance, standard deviation

____ when calculating its value, all values in the data set are included
____ if the distribution is unimodal and symmetrical, the values of these measures are the same
____ if the distribution is bimodal and symmetrical, the values of these measures are the same
____ if we increase each value in the data set by 2, these measures will not change
____ if we increase each value in the data set by 2, these measures will increase by 2
____ if we add more data to an existing data set, the values of these measures will not decrease
____ these measures cannot be used with interval data
____ these are the only measures listed above that can be used with nominal data
____ these measures are not measured in the same units of measurement as the original data
____ these measures have no units of measurement
____ given a data set, the values of these measures depend upon whether it is a sample or population data
set

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Question
Suppose, for a sample data set containing 4 values, the mean was calculated to be 10, the standard
deviation was calculate to be 3, the range was calculated to be 7, the median was determined to be 9, and
the mode was determined to be 9. (Hint: To answer the questions below, you dont need to know the
original values, you just need to understand the various measures and their formulas.)
If 2 was added to each of the 4 original values:
the new mean would be calculated to be _____

the new standard deviation would be calculated to be _____

the new range would be calculated to be _____

the new median would be determined to be _____

the new mode would be determined to be _____

If each of the original values was multiplied by 2:

the new mean would be calculated to be _____

the new standard deviation would be calculated to be _____

the new range would be calculated to be _____

the new median would be determined to be _____

the new mode would be determined to be _____

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Question
Given the following set of sample data:
4 9 6 4 8 5
the mean is:
the mode is:
the median is:
the range is:
the variance is:

the standard deviation is:

the coefficient of variation is:

Question
A chain of electronic stores classifies its stores as either being in a small market, a medium market or a
large market. It recently sampled 10 stores from its small markets, 15 stores from its medium markets,
and 5 stores from its large markets and averaged the number of customers in each market coming into its
stores on one particular Saturday. Using the results in the following data, calculate the average number of
customers visiting all 30 stores on this particular Saturday.
Market No. of Stores Avg. No. of Customers
Small
10
110
Medium
15
150
Large
5
180

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Question
Several sports in the Olympics have separate competitions based on gender and/or the athletes weights
(e.g. boxing, weight lifting). One such sport had three categories female, male and under 70kg, male
and 70kg or heavier. Olga competed as a female, Fred competed as a male and under 70kg, and Fritz
competed as a male and 70kg or heavier. The following table includes information concerning the
average score and standard deviation of scores for all the contestants within each group and the individual
scores obtained by Olga, Fred and Fritz.
Category
Female
Male & < 70kg
Male & 70kg

avg. score
85
110
135

std. dev.
8
15
25

Individuals score
112
122
145

Calculate each individuals standardized scores. Which athlete performed the best relative to others in
their respective competitions.

Question
Complete the following table by inserting Y for yes and N for no in each of the blank cells.

affected by extreme
values in data set?

uses all values in

the data set?

mean
median
mode
range
variance
standard deviation

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Question
When setting exams such as this, professors always worry about the time it takes for students to complete
them. One such professor randomly selected 50 students in a large accounting class and recorded into
which of various time periods their exam completion times fell. The following table and ogive
summarizes the professors findings.
Completion Time (min.)
30 to 40

No. of Students
4

40 to 50

50 to 60

60 to 70

19

70 to 80

80 to 90

cumulative%ofstudents

Cumulative%ofExamCompletionTime
100%
95%
90%
85%
80%
75%
70%
65%
60%
55%
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%

30

40

50

60

70

80

90

completiontime(min)
Using this table, estimate the samples mean time to complete this 1.5 hour exam and the standard
deviation in completion times.
Using this ogive, estimate Q1, Q2 and Q3.

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