a. b. c. d. e.

Contract the horizontal scale. Chop off the bottom of the graph and expand the vertical scale. Chop off the top of the graph and expand the horizontal scale. Use a thicker line to represent the fluctuations. Alter the background color of the graph. PTS: 2

ANS: B

7. Suppose that you want to buy a pair of size 9 shoes, and you are told that the average size of the shoes in Bob's Shoe Store are size 9. Under what circumstances is this information useful to you? a. The shoes reflect the latest fashions. b. The standard deviation is relatively large. c. The average is a mean. d. The average is a modal average. e. The average is a median. ANS: D PTS: 2

8. If the standard deviation of a set of data is relatively small, then: a. The sample does not accurately represent the population. b. The standard deviation diverges from the variance. c. The data tend to be spread out from the median point. d. The population from which the data are extracted tends to be large. e. Most of the data fall close to the mean point. ANS: E PTS: 2

9. Suppose that the costs of operating a certain restaurant increase by the following amounts: food: 4%, labor: 5%, electricity: 3%, taxes: 2%, repairs and maintenance: 4%. By how much have the costs of operating the restaurant increased? a. 18% b. Less than 5%. c. The modal average of the increases for these five items. d. Less than 2%. e. More than 18%. ANS: B PTS: 2

10. Suppose that for a large population, the margin of error of Poll A is 2%, and the margin of error of Poll B is 4%. Then, a. The sample used in Poll A is much larger than the sample used in Poll B. b. The sample used in Poll A is slightly larger than the sample used in Poll B. c. The sample used in Poll B is much larger than the sample used in Poll A. d. The sample used in Poll B is slightly larger than the sample used in Poll A. e. The difference in sampling error is unrelated to the size of the samples. ANS: A PTS: 2

Data Set 1B Suppose that the following table represents the age of the cars in a small used car lot: Number of Cars 2 4

Age 1 2

569