MBA 624 Exam 2/(40 Questions and Answers)/100% Correct/Latest update with complete solution
MBA 624 Exam 2/(40 Questions and Answers)/100% Correct/Latest update with complete solution.
Use the following data to answer Questions 1 to 6 and 13-15 (assume it is a sample).
Store Identifi...
2) The variable Review (#stars) is
A. Interval and Qualitative
B. Ordinal and Quantitative
C. Ordinal and Qualitative
D. Interval and Quantitative
3) What is mean number of employees (rounded)?
A. 4
B. 5
C. 6
D. 7
4) The standard deviation for Dozens sold each day is
A. 4.51
B. 3.44
C. 6.25
D. 1.89
5) The median value (using excel) for complaints is
A. 11.1
B. 12.0
C. 8.5
D. 3.4
6) The 37th percentile (using excel) for total profit is
A. $574
B. $625
C. $485
D. $532
Use the following for questions 7-9. Assume the number of complaints for Crusty’s donut
stores is normally distributed with a mean of 8 and a standard deviation of 1.5.
7) What is the probability that a randomly selected store will have exactly 7 complaints?
A. 0.00
B. 0.48
C. 0.69
D. 0.34
8) What is the probability that a randomly selected store will have at most 9 complaints?
A. 0.25
B. 0.75
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