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QNT 561 Final Exam
QNT 561 Final Exam 
A difference between calculating the sample mean & the population mean is 
A. Only in the symbols, we use instead of µ & n instead of N 
B. We divide the sum of the observations by n - 1 instead of n 
C. The observations are ranked & select the middle value for the population mean 
D. There are no differences 
 
2. Which of the following measures of central location is affected most by extreme values? 
A. Median 
B. Mean 
C. Mode 
D. Geometric mean 
 
3. Which leve...
- Exam (elaborations)
- • 6 pages •
QNT 561 Final Exam 
A difference between calculating the sample mean & the population mean is 
A. Only in the symbols, we use instead of µ & n instead of N 
B. We divide the sum of the observations by n - 1 instead of n 
C. The observations are ranked & select the middle value for the population mean 
D. There are no differences 
 
2. Which of the following measures of central location is affected most by extreme values? 
A. Median 
B. Mean 
C. Mode 
D. Geometric mean 
 
3. Which leve...
QNT 561 FINAL EXAM – QUESTION AND ANSWERS
QNT 561 FINAL EXAM – QUESTION AND ANSWERS
- Exam (elaborations)
- • 7 pages •
QNT 561 FINAL EXAM – QUESTION AND ANSWERS
QNT 561 FINAL EXAM 1 – QUESTION AND ANSWERS
QNT 561 FINAL EXAM 1 – QUESTION AND ANSWERS
- Exam (elaborations)
- • 4 pages •
QNT 561 FINAL EXAM 1 – QUESTION AND ANSWERS
QNT/561 Final Exam
QNT/561 Final Exam 
QNT/561 Final Exam 
1) Which of the following measures of central location is affected most by extreme values? 
A. Mean 
B. Median 
C. Mode 
D. Geometric mean 
2) Which level of measurement is required for the median? 
A. Nominal 
B. Ordinal 
C. Interval 
D. Ratio 
3) Which level of measurement is required for the mode? 
A. Nominal 
B. Ordinal 
C. Interval 
D. Ratio 
4) In a set of observations, which measure of central tendency reports the value that occurs most often?...
- Exam (elaborations)
- • 6 pages •
QNT/561 Final Exam 
QNT/561 Final Exam 
1) Which of the following measures of central location is affected most by extreme values? 
A. Mean 
B. Median 
C. Mode 
D. Geometric mean 
2) Which level of measurement is required for the median? 
A. Nominal 
B. Ordinal 
C. Interval 
D. Ratio 
3) Which level of measurement is required for the mode? 
A. Nominal 
B. Ordinal 
C. Interval 
D. Ratio 
4) In a set of observations, which measure of central tendency reports the value that occurs most often?...
QNT 561 FINAL EXAM – QUESTION AND ANSWERS
QNT 561 FINAL EXAM – QUESTION AND ANSWERS
- Exam (elaborations)
- • 13 pages •
QNT 561 FINAL EXAM – QUESTION AND ANSWERS
QNT 351 FINAL EXAM QUESTION AND ANSWERS
QNT 351 FINAL EXAM QUESTION AND ANSWERS 
. What level of measurement is the number of auto accidents reported in a given month? 
A. Interval 
B. Ratio 
C. Nominal 
D. Ordinal 
 
2. If two events A and B are mutually exclusive, what does the special rule of addition state? 
A. P(A or B)=P(A)-P(B) 
B. P(A and/or B)=P(A)+P(B) 
C. P(A or B)=P(A)+P(B) 
D. P(A and B)=P(A)+P(B) 
 
3. For any data set, which measures of central location have only one value? 
A. Mode and standard deviation 
B. Mode and ...
- Exam (elaborations)
- • 4 pages •
QNT 351 FINAL EXAM QUESTION AND ANSWERS 
. What level of measurement is the number of auto accidents reported in a given month? 
A. Interval 
B. Ratio 
C. Nominal 
D. Ordinal 
 
2. If two events A and B are mutually exclusive, what does the special rule of addition state? 
A. P(A or B)=P(A)-P(B) 
B. P(A and/or B)=P(A)+P(B) 
C. P(A or B)=P(A)+P(B) 
D. P(A and B)=P(A)+P(B) 
 
3. For any data set, which measures of central location have only one value? 
A. Mode and standard deviation 
B. Mode and ...
QNT 275 FINAL EXAM
QNT 275 FINAL EXAM
- Exam (elaborations)
- • 3 pages •
QNT 275 FINAL EXAM
QRB 501 FINAL EXAM
QRB 501 FINAL EXAM 
1.	one disadvantage of the corporate form of business ownership is the: 
double taxation of profits 
 
2.	which one of the following statements is false? 
An aging schedule includes only overdue accounts 
 
3.	A firm has a debt-equity ratio of .64, a pretax cost of debt of 8.5 percent, and a required return on assets of 12.6 percent. What is the cost of equity if you ignore taxes? 
15.22% 
 
4.	Which one of these statements is correct concerning the cash cycle? 
The longer th...
- Exam (elaborations)
- • 3 pages •
QRB 501 FINAL EXAM 
1.	one disadvantage of the corporate form of business ownership is the: 
double taxation of profits 
 
2.	which one of the following statements is false? 
An aging schedule includes only overdue accounts 
 
3.	A firm has a debt-equity ratio of .64, a pretax cost of debt of 8.5 percent, and a required return on assets of 12.6 percent. What is the cost of equity if you ignore taxes? 
15.22% 
 
4.	Which one of these statements is correct concerning the cash cycle? 
The longer th...
QRB 501 / Week 6 FINAL EXAM
QRB 501 / Week 6 FINAL EXAM 
An invoice received from Royal Exporters totaled $638.20, was dated October 10, and offered terms of 1/11 ROG. The shipment was received November 27. If the invoice was paid on December 12, find the net amount due. Round to the nearest cent. 
a.	$631.82 
2.	Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent. Cost = $4.04; Selling price = $7.12. Find the markup and the rate of markup based on cost. 
a.	Markup: $3.08 
R...
- Exam (elaborations)
- • 4 pages •
QRB 501 / Week 6 FINAL EXAM 
An invoice received from Royal Exporters totaled $638.20, was dated October 10, and offered terms of 1/11 ROG. The shipment was received November 27. If the invoice was paid on December 12, find the net amount due. Round to the nearest cent. 
a.	$631.82 
2.	Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent. Cost = $4.04; Selling price = $7.12. Find the markup and the rate of markup based on cost. 
a.	Markup: $3.08 
R...
QRB 501 Final Exam Questions and Answers
QRB 501 Final Exam Questions and Answers 
Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent. 
Markup = $16.15; Selling price = $95.00. Find the cost. 
 
 
Cost: $78.85 
 
 
2 
Find the interest paid on a loan of $2000 for 1 year at a simple interest rate of 7% per year. 
 
$2,140.00 
 
3 
A number increased from 2553 to 5955 . Find the amount of increase. 
 
3402 
 
4 
The following test scores were recorded for a student: 79, 74, 72, 68, 74, 6...
- Exam (elaborations)
- • 5 pages •
QRB 501 Final Exam Questions and Answers 
Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent. 
Markup = $16.15; Selling price = $95.00. Find the cost. 
 
 
Cost: $78.85 
 
 
2 
Find the interest paid on a loan of $2000 for 1 year at a simple interest rate of 7% per year. 
 
$2,140.00 
 
3 
A number increased from 2553 to 5955 . Find the amount of increase. 
 
3402 
 
4 
The following test scores were recorded for a student: 79, 74, 72, 68, 74, 6...
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