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Quantitative Methods

Quiz I

Tick the most appropriate option in the Answer Code Sheet, given below:

Answer Code Sheet

Question

10

Option

1. (i) (ii) a. b. c. d.

Read the following statements carefully: Age is a ratio scale data. A measure of temperature in degrees Fahrenheit is an ordinal scale data. Both the statements are correct. Both the statements are incorrect. Statement (i) is correct, statement (ii) is incorrect. Statement (i) is incorrect, statement (ii) is correct.

Answer: d 2. Please observe the data given below, carefully: Production (in bn) 8.77 7.92 7.88 9.7 5.1 4.63 3.41 2.77 2.12 1.25 1.18

Manufacturer Maruti-Suzuki Tata General Motors Ford Toyota Renault Nissan Volkswagen Fiat Honda Hyundai

Category small car small car medium car small car medium car medium car luxury car medium car medium car luxury car luxury car

comfort medium medium high medium high low medium low high high low

a. b. c. d.

The first variable (Manufacturer) and third variable (Category) must be nominal scale. The third variable (Category) and last variable (Comfort) must be nominal scale. The second variable (Production) and last variable (Comfort) cannot be nominal scale. The first variable (Manufacturer) and the second variable (Production) are nominal and ratio scale variables, respectively. e. Both (c) and (d) are correct. Answer: e 3. Please observe the following Box and Whisker Plot carefully:

28.2

28.8

29.4

30.0

30.6

31.2

31.8

32.4

a. b. c. d. e.

The data is having several outliers on the left some are mild others are strong. The data is having just one strong outlier. The data is positively skewed. We cannot comment anything about the distance between mean and median of the data. Both (a) and (c) above.

Answer: b 4. Please observe the diagram carefully:


32.0 31.8 3850 3650 3450 3250 3050 2850 2650 2450 2250 Year

Ann_temp

31.4 31.2 31.0 30.8

#REF! a. b. c. d. e.

#REF!

Annual temperature (denoted by Ann_temp) is witnessing a rising trend. Annual rainfall (denoted by Ann-rain) is witnessing a rising trend. Ann_temp is measured from left to right, while Ann_rain is measured from right to left. To generate such a chart, it is not mandatory to have a time variable. All of the above statements are correct, excluding (b) and/or d

Answer. a 5. a. b. c. d. e.

Which of the following statements are incorrect: For a skewed distribution, the mean is not equal to the median or mode. A skewness of 0.000249, implies a mild positive skewness. A high mean absolute deviation would generally mean a high standard deviation. Range is calculated after removing the outliers. None of the above.

Answer: d 6. Please go through the below data carefully:


Summary measures for selected variables Bakhra Count 25.000 Mean 1222.784 Median 1191.100 Standard deviation 164.200 First quartile 1086.500 Second quartile 1230.850 Third quartile 1375.200 Interquartile range 288.700 Mean absolute deviation 144.174 Skewness 0.433

What is clearly wrong? a. The mean absolute deviation does not match with the standard deviation. b. The mean is very different from the median. c. The gap between the first quartile and third quartile is very high.

Ann_rain

31.6

d. The difference between mean and median is not depicted in the skewness. e. None of the above. Answer: e 7. Mr. Trilochan Shastri has decided to construct a frequency distribution for a set of data containing 60 numbers. The lowest number is 23 and the highest number is 68. If 5 classes are used, the class width should be approximately _______. a. 4 b. 12 c. 9 d. 5 e. 10 Answer: 9 8. a. b. c. d. e. In a histogram, the highest bar represents the class with _______. The highest frequency The lowest frequency Highest cumulative frequency Lowest cumulative frequency Very difficult cannot be said

Answer: a

9. Rabri Khanewala, Director of Human Resources, is exploring employee absenteeism at the Mithai Plant during the last operating year. A review of all personnel records indicated that absences ranged from zero to twenty-nine days per employee. The following class intervals were proposed for a frequency distribution of absences. Absences Number of Employees (days) 0-under 5 4 5-under 10 6 10-under 15 14 15-under 20 8 20-under 25 2 25-under 30 1 Which of the following represents a problem with this set of intervals?
a. b. c. d. Answer: d there are too few intervals some numbers between 0 and 29 would not fall into any interval the first and second interval overlap All is well (i.e., everything is perfectly fine)

10. Ullu Bananewala, Director of Bakwas Industrial Sales, is concerned by a deteriorating sales trend. Specifically, the number of customers is stable at 1,500, but they are purchasing less each year. He orders her staff to search for causes of the downward trend by surveying all 1,500 industrial customers. One question on the survey asked the customers, Which of the following best describes your primary business: a. manufacturing, b. wholesaler, c. retail, d. service. The measurement level for this question is _________________.
a. Nominal level b. Ordinal level

c. Interval level d. Ratio level Answer: a

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