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A scatter plot is a graphical display showing the relative position of the three quartiles as a box on a number line along with the minimum and maximum values in the data set and any outliers.

A) True
B) False

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The sample covariance can be equal to any value ________.


A) between -œ and +œ
B) other than zero
C) greater than or equal to zero
D) between - 1.0 and +1.0

E) B) and D)
F) B) and C)

Correct Answer

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The z-score has no units even though the original values will normally be expressed in units such as dollars, years, pounds, or calories.

A) True
B) False

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The sample correlation coefficient can be equal to any value------------- .


A) other than zero
B) between -œ and +œ
C) greater than or equal to zero
D) between - 1.0 and +1.0

E) B) and D)
F) All of the above

Correct Answer

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The ------ measures a distribution's standard deviation in terms of its percentage to the mean.


A) variance
B) z-score
C) coefficient of variation
D) median

E) B) and C)
F) A) and C)

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When outliers are present in the data set, the ---------- is the best choice to measure central tendency.


A) standard deviation
B) median
C) mean
D) mode

E) All of the above
F) A) and B)

Correct Answer

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