Unit Test — Cumulative exam Answers

2 verified answers
21
Free Preview

Car insurance companies want to keep track of the average cost per claim. The current data in use for Auto Insurance R Us is an average of $2,200 for each claim with a standard deviation of $500. With this average, the company can stay competitive with rates but not lose money. However, the statistician for the company believes that the cost of the average claim has increased. He pulled 40 recent claims and found the average to be $2,350. Which most restrictive level of significance would suggest that the company should raise rates? Upper-Tail Valuesa5%2.5%1%Critical z-values1.651.962.58

A
1%
B
2.5%
C
5%
D
10%
22
Free Preview

The conditional relative frequency table below was generated by column using data comparing gender and a person's favorite meal to cook.Which would most likely indicate an association between the categorical variables?

Question illustration
A
The value of A is similar to the value of B.
B
The value of A is similar to the value of E.
C
The value of B is not similar to the value of C.
D
The value of B is not similar to the value of F.
23

Which describes a correct way to construct a scatterplot?

A
When analyzing the number of home runs that a baseball player hit over several seasons, the season is the independent variable.
B
When analyzing the number of umbrellas that are sold during days with varying amounts of rain, the number of umbrellas that are sold is the independent variable.
C
When analyzing the number of registered voters by age, age is the dependent variable.
D
When analyzing the number of students that ride the school bus each day of the week, the day is the dependent variable.
24

Donell compared the hours students spent each day on social networks to the hours they spent on homework. His data is shown below. Which statements are true? Check all that apply.

Question illustration
A
The mean number of hours spent on each activity are equal.
B
There is a greater variability in the hours spent on social networks.
C
The average student spends more time on homework than on social networks.
D
The range for the number of hours spent on homework is greater.
E
Students are more consistent in the time spent on homework than the time spent on social networks.
25

A reporter compared the scores of two basketball teams over the past year. When she listed the scores, she found the lists had the same measure of center but different measures of spread. Which statement could describe the two teams’ lists of scores?

A
They have the same means but different medians.
B
They have the same medians but different interquartile ranges.
C
They have the same interquartile ranges but different ranges.
D
They have the same ranges but different means.

Did you find these answers helpful?