What is the probability that a programmer who takes aspirin on a daily basis has wrist pain?
A) 0.09
B) 0.19
C) 0.24
D) 0.40
Q. 2The mode is used infrequently in business applications because it:
A) is difficult to compute.
B) does not represent the true center of numerical data.
C) is too labor intensive.
D) is an accurate measure of central tendency.
Q. 3To obtain the probability that a continuous random variable falls in a specified range, we find the difference between the cumulative probabilities at the lower and upper end of the:
A) range.
B) median.
C) mode.
D) mean.
Q. 4Ratio data indicate both rank and distance from a natural zero, with ratios of two measures having meaning.
Indicate whether the statement is true or false
Q. 5What is the probability that a programmer who has wrist pain takes aspirin on a daily basis?
A) 0.40
B) 0.24
C) 0.57
D) 0.66
Q. 6A measure of central tendency that is important in business and economics used in compound interest, population growth, and total sales growth over time is the:
A) arithmetic mean.
B) median.
C) mode.
D) geometric mean.
Q. 7A sample is the complete set of elements in which an investigator is interested.
Indicate whether the statement is true or false