Statistics I Exam
Statistics I Exam
PART 1 - THEORY
1. Mark the true statement.
a) A parameter is a specific characteristic of a sample.
b) The specific characteristic of a population is called a parameter.
c) The specific characteristic of a population is called a statistic.
d) A statictic is the result of randomly sampling a population.
3. Suppose you are told that over the past four years, sales have increase at rates of
10%, 8%, 6%, and 4%. What has been the average annal increase in sales over the
past four years?
a) 6,55%
b) 6,98%
c) 7,00%
d) 7,08%
8. The distribution that has been found to be particularly useful for waiting-line
queuing problems is referred to as the:
a) Hypergeometric distribution.
b) Marginal distribution.
c) Exponential distribution.
d) Standard normal distribution.
Answers: 1B, 2C, 3B, 4D, 5C, 6A, 7C, 8D.
PART 2 - EXERCISES