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WPC 300 Exam Questions Complete Solutions Current Update (Verified A+ Pass)

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WPC 300 Exam Questions Complete Solutions Current Update (Verified A+ Pass) For a normal distribution mean is ___ to median - Answers - equal Standard deviation of a normal distribution is a ___? - Answers - Measure of data dispersion Which of the following is an example of a measure of di...

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WPC 300 Exam Questions
Complete Solutions
Current Update (Verified
A+ Pass)
For a normal distribution mean is ___ to median - Answers -✔✔ equal

Standard deviation of a normal distribution is a ___? - Answers -✔✔ Measure of data
dispersion

Which of the following is an example of a measure of dispersion? - Answers -✔✔
Variance

Which of the following is an example of a sample? - Answers -✔✔ The number of IT
employees out of all employees working in an office of Google

Which of the following describes the standard deviation? - Answers -✔✔ it is the
square root of the variance

The difference between the first and third quartiles is referred to as the ____ - Answers -
✔✔ Interquartile range

According to statistical notation, what does E stand for? - Answers -✔✔ To act as a
summation operator

when two variables are highly positively correlated, the correlation coefficient will be
_____ - Answers -✔✔ close to 1

which of the following is true for a median - Answers -✔✔ for an even number of
observations, the median is the mean of the two iddle numbers

the ____ is the observation that occurs most frequently - Answers -✔✔ mode

which of the following describes a positively skewed histogram? - Answers -✔✔ a
histogram that tails off towards the right

, in order to reject the null hypothesis, the p value must be less than the - Answers -✔✔
alpha

the central limit theorem states that if the population is normally distributed, then the -
Answers -✔✔ sampling distribution of the mean will also be normalized for any sample
size

which of the following is a difference between the t-distribution and the standard normal
(z) distribution? - Answers -✔✔ the t-distribution has a larger variance than the
standard normal distribution

which of the following proposition describes an existing theory or belief? - Answers -
✔✔ null hypothesis

when sample size increases - Answers -✔✔ confidence interval decreases

The WPC Sports Company has noted that the size of individual "customer order" is
normally distributed with a mean of $100 and standard deviation of $12. If a soccer
team of 16 players were to make the next batch of orders, what would be the standard
error of the mean? - Answers -✔✔ 3. 12/sqrt16= 12/4=3

Which of the following is a Type-I error? - Answers -✔✔ the null hypothesis is actually
true, but the hypothesis test incorrectly rejects it

You are collecting data via an online survey to improve education standard at ASU.
Which of the following methods will not result in data collection bias? - Answers -✔✔
Anonymously data collection by hiding ASU brand in the survey question

which of the following is a continuous random variable? - Answers -✔✔ the time to
complete a specific task

what is the confidence interval when the level of significance is 0.07? - Answers -✔✔
0.930

the unexplained variance in the regression analysis is also known as? - Answers -✔✔
residual variance

which of the following is true about multi-collinearity? - Answers -✔✔ it is measured
using a measure called variance inflation factor (VIF)

Which of the following statement is true based on the following regression equation? IQ
= 4.0 + Reading Label * 5.6 - Answers -✔✔ A unit point change in reading label will
increase IQ by 5.6 point

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