ECON1005 Mid Semester # 1 Review Packet

The following concepts can be tested on Mid Semester #1. Use the following check list and the review problems to
help you in your studying.

This packet is not meant to be a comprehensive review packet, but it is to be used along with your class notes, problem
sets and chapter readings. This packet is created to assist you in your review. It only illustrates the types of questions
that may come on the exam. The answer key is provided in a separate file. It is for review only and is no reflection
of the number of questions that will be on the exam. Irrespectively of the number of questions, the mid semester exam
can be completed in an hour or less.

Note that although the test is limited to the topics listed in the table below and being MCQs, there are a myriad of
ways to present such questions. Again, you are strongly encouraged to practice the questions completed in lectures
and all the questions on the tutorial sheets (tutorial questions + extra questions).

Concept Reviewed
Population vs. sample

Parameter vs. statistic

Types of sampling methods (including identifying sampling methods used in given scenarios)

Experiments vs. observations vs. anecdotal evidence

Types of data/variables:
 Quantitative vs. categorical
 Primary vs. secondary
 Discrete vs. continuous

Levels of Measurement

Types of graphs (including identifying the best graph to use in given scenarios)
 Bar graph
 Pie chart
 Stem & leaf (including back-to-back stem & leaf)
 Histogram
 Cumulative Ogive (less than and more than; including using the graphs to obtain
estimates)
 Boxplots (including side-by-side boxplot; identifying shape)

Numerical methods for describing data (including calculations for raw data, frequency
distributions - ungrouped and grouped data; selecting the best method given a scenario)
 Measures of shape (skewness and number of peaks)
 Measures of central tendency (mode, median, mean, weighted mean)
 Measures of variability (range, variance, standard deviation, IQR)
 5-number summary (minimum, Q1, median, Q3, maximum)
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 1 - 5: Approximately 300 million

persons live in the U.S. To determine what the average U.S. adult spends on a vacation, a researcher randomly
selects 100 U.S. adult passengers on vacation on a luxury cruise ship to answer his survey.

1. The population for this study is

a) All adults
b) All luxury cruise ship passengers
c) All U.S. adults
d) All 100 adults interviewed

2. The sample for this study is

a) All U.S. adults
b) All 100 passengers who were interviewed
c) All passengers on the luxury cruise ship
d) All 300 million persons who live in the U.S.

3. The U.S. Census Bureau reports that on average persons living in the U.S. spend $1500 per year on vacations.
This $1500 represents
a) A parameter
b) A discrete variable
c) A cluster sample
d) A statistic
e) An experiment variable

4. The amount spent on vacations per year is

a) An ordinal variable
b) A nominal variable
c) An interval variable
d) A ratio variable

5. The data source for this study is

a) Anecdotal data
b) Primary data
c) Secondary data
d) Continuous data

USE THE FOLLOWING TO ANSWER QUESTIONS 6 - 9: Select the letter corresponding to the
type of graph that would be best for the following situations. Each answer choice may be used once,
more than once, or not at all.

A. Histogram B. Side-by-Side Boxplot C. Bar Graph D. Pie Chart

6. Compare the housing costs for undergraduate, masters and doctoral students at UWI.

7. We want to display the IQ scores for a simple random sample of 1000 managers.

8. The percentage of employees with degrees – Associates, Bachelors, Masters and PhDs (note an employee may
have more than one degree).

9. Examine the 5-number summary for the results of males and females in the Digicel 5k Night Run.
2
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

USE THE FOLLOWING TO ANSWER QUESTIONS 10 – 13: Match each of the following with the SINGLE
choice that best describes the given situation. Each answer choice may be used once, more than once, or not at all.

A. Simple random sample B. Stratified random sample C. Multistage random sample

D. Voluntary response E. Cluster sample

10. A study is aimed at estimating the average number of bilingual students per secondary school in Puerto Rico.
Out of ten (10) major towns in Puerto Rico five (5) were selected randomly, from that 20 secondary schools
were randomly selected, and 35 randomly selected classrooms.

11. An Economics lecturer wants to know how his students like OurVLE as compared to another learning platform.
He asks students to send him their opinions by e-mail. Forty percent of his students respond.

12. In a study of work preferences, 40 workers in a large company were randomly selected and asked whether they
preferred to work 4 ten-hour days or 5 eight-hour days per week.

13. A researcher is planning a survey to estimate the proportion of employers who do not offer health insurance.
Knowing that this may differ by company size, she takes random samples of 100 companies from each of these
types: individually/privately owned company with < 50 employees, individually/privately owned company
with ≥ 50 employees, public company.

14. At the U.S. Open Tennis Championship a statistician keeps track of every serve that a player hits during the
tournament. The statistician reported that the mean serve speed of a particular player was 96 miles per hour
(mph) and the standard deviation of the serve speeds was 10 mph. The lower quartile of serve speeds was
reported to be 90 mph. Which of the following interpretations of this information is correct?

a) 75% of the player’s serves were hit at speeds greater than 90 mph.
b) 25% of the player’s serves were hit at 90 mph.
c) 75% of the player’s serves were hit at speeds less than 90 mph.
d) 90 serves travelled faster than the lower quartile in the distribution of serve speeds.

15. The five-number summary for scores on a statistics exam is 35, 68, 77, 83, 97. In all, 196 students took the
test. About how many had scores between 77 and 83?

a) 6
b) 39
c) 49
d) 98
e) It cannot be determined from the information given.

16. If the largest value of a data set is doubled, which of the following is false?
a) The mean increases.
b) The standard deviation increases.
c) The interquartile range increases.
d) The range increases.
e) The median remains unchanged.

3
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

USE THE FOLLOWING TO ANSWER QUESTIONS 17 AND 18: In an accounting class with 136 students,
the professor recorded how much money each student had in his/her possession during the first class of the
semester. The histogram below shows the data collected.

17. If the outlier on the right is removed, the value of the mean

a) will increase.
b) will decrease.
c) will remain the same.
d) cannot be determined from the information given.

18. The mean for this distribution would be

a) to the right of the median.

b) to the left of the median.
c) equal to the median
d) greater than $100.

19. Consider the following cumulative relative frequency distribution:

Lower Boundaries Cumulative Relative Frequencies

0 0.00
5 0.23
10 0.34
15 0.41
20 1.00

If this distribution is based on 800 observations, then the frequency for the second class interval is:

a) 80
b) 88
c) 184
d) 272
e) 456

4
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

20. Last year a small statistical consulting company paid each of its five statistical clerks $22,000, two statistical
analysts $50,000 each and the senior statistician/owner $270,000. The number of employees earning less than
the mean salary is:

a) 0
b) 4
c) 5
d) 6
e) 7

21. The range, median and interquartile range of a given dataset is 9, -11 and 6 respectively. Which of the
following boxplots may represent the distribution of this set of data.

A. B.

C. D.

22. The term test scores of 15 students enrolled in a first-year university course were recorded as follows:

4 7 7 9 10 11 13 15 15 15 17 17 19 20

After calculating the mean, median and mode, an error was discovered. One of the 15’s should be 17. The
measures of central tendency that will change are

a) The mean only

b) The mode only
c) The median only
d) The mean and the mode
e) The mean, median and the mode

5
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

23. The following is a side-by-side boxplot of the annual incomes for nuclear engineers, police officers and
musicians.

Which of the following is true?

a) The median income for nuclear engineers is greater than the income for all musicians.
b) The median income for police officers and musicians is the same.
c) All nuclear engineers earn more than all police officers.
d) A musician will eventually earn more than a police officer.

USE THE FOLLOWING TO ANSWER QUESTIONS 24 - 26: The frequency distribution of the amount of
rainfall in December in a certain region for a period of 30 years is presented below.

Rainfall (in inches) Number of Years

2 - <4 3
4 - <6 6
6 - <8 8
8 - <10 8
10 - <12 5

24. The mean amount of rainfall in inches is:

a) 6.50
b) 7.25
c) 7.30
d) 7.40
e) 8.40

25. The median amount of rainfall in inches is:

a) 5.5
b) 6.0
c) 7.0
d) 7.5
e) 8.5

6
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

26. The variance in the amount of rainfall:

a) 5.97 inches
b) 5.97 inches2
c) 6.18 inches
d) 6.18 inches2
e) 4.72 inches2

USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 27 AND 28: The following is the
ages in years for 130 teenagers in service organisations.

27. Approximately 50% of the teenagers are older than

a) 12.5 years old

b) 14 years old
c) 15 years old
d) We cannot tell from the ogive

28. How many teenagers are more than 16 years old?

a) 20
b) 15
c) 10
d) 5

29. The average salary in Company A is $8000. The average salary in Company B is $7000. If an employee
having a $7000 in Company B, leaves the company and joint Company A with a new salary of $8000, what are
the effects on the mean and the standard deviation of the employees at Company A?

Mean Standard Deviation

a) Increased Increased
b) Unchanged Increased
c) Unchanged Decreased
d) Decreased Unchanged

7
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

30. The scores of male (M) and female (F) students on an exam are displayed in the following boxplots.

Which of the following statements is true?

a) Approximately 75% of the males scored above 82.

b) The median of the male students is about 66.
c) The scores of the males have a higher variability than the scores of the females.
d) About 25% of the females scored above 72.
e) The maximum score for the females is more than the maximum score for the males.

USE THE FOLLOWING TO ANSWER QUESTIONS 31 – 36: Match each of the following with the SINGLE
choice that best describes the given situation. Each answer choice may be used once, more than once, or not at all.

A. Simple random sample B. Stratified random sample C. Multistage random sample

D. Voluntary response E. Cluster sample

31. An opinion poll is given to a sample of 90 members of a local gym. The members are first divided into men
and women, and then a simple random sample of 45 men and a separate simple random sample of 45 women
are taken.

32. You plan to sample residents of registered nursing homes in your state. You randomly select 5 counties from
your state. From the 5 counties you obtain a list of all nursing homes in those counties and randomly select 5
from each county. You then obtain a list of all residents in the 25 selected nursing homes and randomly select
5 individuals from each nursing home to sample.

33. A television station is interested in predicting whether voters in its broadcast area are in favour of government
funding for abortions. It asks its viewers to phone in and indicate whether they support or are opposed to
federal funding for abortions.

34. You plan to sample residents of registered nursing homes. You randomly select 15 nursing home residents in
your country.

35. An opinion poll is given to a sample of 90 members of a local gym. You leave the survey at the front desk of
the gym with a notice asking members to complete the survey.

36. You plan to sample residents of registered nursing homes. You randomly select 5 nursing homes in your
country and survey all the residents in those selected homes.
8
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

USE THE FOLLOWING TO ANSWER QUESTIONS 37 - 41: The manager of a customer service
division of a consumer electronics company is interested in determining whether customers who had
purchased their smart TVs were satisfied with their products. The company sold smart TVs to 3,000
customers over the last 24 months. To collect this information the manager administered a survey to 10
customers randomly selected from each of the last 24 months. In addition to collecting demographic
information, the survey asks customers to rate their satisfaction on a scale of 1 (not satisfied) to 5 (very
satisfied).

37. The population for this study is

a) The 24 months in which the TVs were sold.

b) The 3,000 TVs that were sold.
c) The 3,000 customers that bought TVs.
d) The 10 customers interviewed.

38. The sample for this study is

a) The 3,000 TVs.

b) The 10 customers surveyed.
c) The 240 customers surveyed.
d) The 3,000 customers that bought TVs.

39. The sampling method used to select respondents in this study is a

a) voluntary sample.
b) simple random sample.
c) cluster sample.
d) multistage sample.
e) stratified sample.

40. The data source for this study is

a) anecdotal data.
b) primary data.
c) secondary data.
d) continuous data.

41. The question asking respondents to rate their satisfaction on a scale of 1 (not satisfied) to 5 (very satisfied) is an
example of

a) a nominal variable.
b) an ordinal variable.
c) an interval variable.
d) a ratio variable.

9
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

USE THE FOLLOWING TO ANSWER QUESTIONS 42 – 46: Match each of the following with the SINGLE
choice that best describes the given situation. Each answer choice may be used once, more than once, or not at all.

A. Nominal B. Ordinal C. Interval D. Ratio

42. There are 6 orange juice brands on the market. You’ve been asked to rank them in order of preference.

43. At 985m Nevis Peak is the highest point on the island of Nevis.

44. The Kingston & St Andrew Football Association (KSAFA) League has 12 teams. The jersey number for each
player is collected and plotted on a graph. Jersey numbers can range from 1 to 45.

45. The results of temperature checks for 50 customers entering a supermarket.

46. The elevation of the Blue Mountains, at its highest point is 2,256m above sea-level.

USE THE FOLLOWING TO ANSWER QUESTIONS 47 - 51: Match each of the following with the
SINGLE choice that best describes the given situation. Each answer choice may be used once, more than
once, or not at all.

47. Which graph shows you data in which the mean is less than the median?

48. Which graph clearly shows the 25th percentile?

49. Which graph should be used only for categorical data?

10
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

50. Which graph has a distribution that is similar to the distribution in graph D? (Do not choose D as your answer!)

51. Which graph shows a distribution that is skewed right?

USE THE FOLLOWING TO ANSWER QUESTIONS 52 AND 53: The table below shows the lifetimes
(in minutes) of a sample of 30 AA batteries.

Battery Life (in minutes) Number of Batteries

360-369 2
370-379 3
380-389 5
390-399 7
400-409 5
410-419 4
420-429 3
430-439 1

52. The mode of this dataset is:

a) 394.5 minutes.
b) 396.6 minutes.
c) 399.0 minutes.
d) 399.5 minutes.

53. The median of this dataset is:

a) 389.5 minutes.
b) 394.5 minutes.
c) 396.6 minutes.
d) 399.5 minutes.

11
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

54. Twenty-five students were registered for a 2-year diploma programme at the UWI. At the end of the
programme, the principal conducted a survey to find out how many of the students took vacations within
particular time periods (in months) after they started the programme. The results are displayed in the table
below.

Time (months) 1-4 5-8 9 - 12 13 – 16 17 - 20 21 - 24

Frequency 4 9 6 3 2 1

The mean length of time (in months) of vacations is

a) 5.10.
b) 8.00.
c) 8.75.
d) 9.38.
e) 12.00.

USE THE FOLLOWING TO ANSWER QUESTIONS 55 - 57: Match each of the following with the SINGLE
choice that best describes the given situation. Each answer choice may be used once, more than once, or not at all.

A B

C D

Assuming that all the scales are the same, determine:

55. Which graph shows the dataset with the smallest IQR?

56. Which graph shows the dataset with the largest range?

57. Which graph shows the dataset with the highest median?

12
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

58. Which dataset has the smallest standard deviation?

a) 0 9 b) 0
1 5 8 1 5 8 9
2 3 3 7 7 2 3 3 7 7
3 2 5 3 2 5 6
4 1 4

c) 10 9 d) 20 9
11 5 8 21 5 8
12 3 3 7 7 22 3 3 7 7
13 2 5 23 2 5
14 1 24 1

59. The table below shows the number of books read by five children in a year.

Name Number of Books

David 25

Keesha 12

Megan X

Nicki 27

Giselle 29

If the average number of books read by the children was 25, then how many books did Megan read over the
year?

a) 15
b) 19
c) 26
d) 32
e) 36

13
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

USE THE FOLLOWING TO ANSWER QUESTIONS 60 - 62: The following is the ages of randomly selected
persons who entered a store during the lunch hour on a specific day.

0 9
1 5 8
2 3 3 7 7
3 2 5
4 1

60. The 5-number summary for this dataset is

a) 9 16.5 25 33.5 41

b) 9 18 25 32 41

c) 9 15 25 35 41

d) 9 18 24 32 41

e) 9 20.5 24 29.5 41

61. The term which best describes this distribution is

a) Left skewed
b) Right skewed
c) Multimodal
d) Symmetric

62. The interquartile range is

a) 9
b) 14
c) 20
d) 24

14
ECON1005: Introductory Statistics Mid Semester #1 Review Packet – Version 2

USE THE FOLLOWING TO ANSWER QUESTIONS 63 AND 64: The travel time (in minutes) of 116 high
school students is given in the table below.

Time (minutes) Number of Students

0 – less than 10 12
10 – less than 15 18
15 – less than 20 34
20 – less than 30 33
30 – less than 45 19

63. The mean of this dataset is

a) 19.31
b) 20.21
c) 20.84
d) 448.00

64. The mode of this dataset is

a) 20.21
b) 19.70
c) 19.47
d) 19.20
e) 17.50

65. Your grade for math is determined by the following components with their corresponding weights in brackets:
Quizzes (15%), Homework (10%), Final Project (30%) and 3 Exams (15% each). You scored the following
during the semester: Quizzes = 85%, Homework = 85%, Final Project = 89%, Exam 1 = 78%, Exam 2 = 81%,
Exam 3 = 92%. Based on these scores, what grade did you get for the course (rounded to the nearest whole
number)?

a) A: 90 and above
b) B: 86 - 89
c) C: 80 - 85
d) D: less than 80

15