BUS 204 Week 2 Assignment | MiraCosta College

BUS 204 Week 2 Assignment | MiraCosta College

1.

In the example regarding bar charts, what was the number one excuse students gave for coming late to class?

 

A.I got stuck in traffic

 

B.I forgot to set my alarm

 

C.I thought it was Saturday

 

D.I had no clean clothes to wear

 

2.

Given the data below, develop a frequency

distribution.

6              5              2              6              7             

2              5              3              0              5             

3              6              7              4              6             

5              7              4              10           8             

7              8              3              7              5             

5              5              4              6              4             

Complete the frequency distribution table below.

Data Value          Frequency

0             

1             

2             

3             

4             

5             

6             

7             

8             

9             

10          

Question is complete.

 

3.

In a survey conducted by an insurance company, investors were asked to rate how knowledgeable they felt they were as investors. Both online and traditional investors were included in the survey. The survey resulted in the data below. Complete parts a through d.

Of the online investors,

8%,

58%,

and

34%

responded they were "savvy," "experienced," and "novice," respectively.

Of the traditional investors, the percentages were

9%,

56%,

and

35%,

respectively.

Of the

600

investors surveyed,

400

were traditional investors.

a. Use the information to construct a joint frequency distribution.

                                Knowledge Level Response       

                                Savvy    Experienced       Novice  Total

Investor Type    Online  

 

                Traditional          

                Total     

(Simplify your answers.)

b. Use the information to construct a joint relative frequency distribution.

                                Knowledge Level Response

                                Savvy    Experienced       Novice

Investor Type    Online  

                Traditional          

(Round to four decimal places as needed.)

c. Determine the proportion of investors who were both online investors and rated themselves experienced.

 

(Round to four decimal places as needed.)

d. Calculate the proportion of investors who were online investors.

 

4.

A busy airport collected the data below on the number of passengers by airline for a particular month. Suppose the airport manager is interested in analyzing these data. Complete parts a through c below.

180,493 91,360   27,959   92,932   390,935 6,412     158,304 74,837   367,638

                                                                                                                                               

583,298 48,377   270,565 41,599   1,113     37,481   483,194 42,357   8,890    

                                                                                                                                               

143,296 75,346   610,155 63,515   568,128 95,658   122,896 608,224 238,564

                                                                                                                                               

629,266 76,242   34,214   139,703 46,050   122,734                                                

a. Using the

2k≥n

guideline, what is the minimum number of classes that should be used to display the data in a grouped data frequency distribution?

k=

classes

b. Referring to part a, what should the minimum class width be, assuming you round the width up to the nearest 1,000 passengers?

c. Construct and interpret a frequency histogram for the data.

Choose the correct graph below.

 

A.

0315,000630,00001530Number of PassengersFrequency

•            

•            

•            

A histogram has a horizontal axis labeled Number of Passengers from 0 to 630,000 in increments of 105,000 and a vertical axis labeled Frequency from 0 to 30 in increments of 5. The histogram has vertical bars of width 105,000 starting at the horizontal axis value 0. The heights of the bars are as follows, where the left horizontal axis label is listed first and the height is listed second: 0, 17; 105,000, 6; 210,000, 2; 315,000, 2; 420,000, 1; 525,000, 5.

Your answer is correct.

 

B.

0315,000630,00001530Number of PassengersFrequency

•            

•            

•            

A histogram has a horizontal axis labeled Number of Passengers from 0 to 630,000 in increments of 1

 

5.

university has the accompanying number of students at each grade level. Complete parts a through c below.     Grade Level                Number of Students     

                Freshman (A)

3,310    

                Sophomore (B)

2,980    

                Junior (C)

2,500    

                Senior (D)

1,670    

                Graduate (E)

840        

a. Construct a bar chart that effectively displays these data. Choose the correct chart below.

A university has the accompanying number of students at each grade level. Complete parts a through c below. Grade Level                Number of Students     

                Freshman (A)

3,310    

                Sophomore (B)

2,980    

                Junior (C)

2,500    

                Senior (D)

1,670    

                Graduate (E)

840        

a. Construct a bar chart that effectively displays these data. Choose the correct chart below.

 

A.

  A B C D E 017503500Grade LevelFrequency

•            

•            

•            

A bar graph has a horizontal axis labeled Grade Level with the letters A to E and a vertical axis labeled Frequency from 0 to 3500 in increments of 250. There are vertical bars, each of which is over a horizontal axis label. The heights of the bars are as follows, where the horizontal axis label is listed first and the height is listed second: A, 840; B, 1670; C, 2500; D, 2980; E, 3310.

 

B.

  A B C D E 017503500Grade LevelFrequency

•            

•            

•            

A bar graph has a horizontal axis labeled Grade Level with the letters A to E and a vertical axis labeled Frequency from 0 to 3500 in increments of 250. There are vertical bars, each of which is over a horizontal axis label. The heights of the bars are as follows, where the horizontal axis label is listed first and the height is listed second: A, 3310; B, 840; C, 1670; D, 2500; E, 2980.

 

C.

  A B C D E 017503500Grade LevelFrequency

•            

•            

•            

A bar graph has a horizontal axis labeled Grade Level with the letters A to E and a vertical axis labeled Frequency from 0 to 3500 in increments of 250. There are vertical bars, each of which is over a horizontal axis label. The heights of the bars are as follows, where the horizontal axis label is listed first and the height is listed second: A, 3310; B, 2980; C, 2500; D, 1670; E, 840.

 

D.

  A B C D E 017503500Grade LevelFrequency

•            

•            

•            

6.

A real estate investment trust (REIT) owns first-class office properties in selected markets. According to its website, the occupancy rates last year for its holdings in four major cities are available below. Complete parts a through c below.

LOADING...

 

Click the icon to view the occupancy rate data for the four regions.

 

a. Explain why a pie chart would not be appropriate to display these occupancy rate data.

Why would a pie chart not be appropriate?

 

A.

The four percents do not comprise all occupancy rates, so their sum is a meaningless number.

 

B.

The given percents are not part of a single whole, so their sum is a meaningless number.

 

C.

The regions are categories, not quantitative values.

 

D.

The four cities do not comprise all real estate markets.

b. Construct a bar chart to display the occupancy rate by city.

Which bar chart below displays the data?

 

A.

Occupancy Rate

ABCD050100Percent

•            

•            

•            

A bar chart titled Occupancy Rate has a horizontal axis labeled with cities A, B, C, and D and a vertical axis labeled Percent from 0 to 100 in increments of 10. There are vertical bars, each of which is over a horizontal axis label. The heights of the bars are as follows, where the horizontal axis label is listed first and the height is listed second: A, 93; B, 92; C, 88; D, 92. All heights are approximate.

 

B.

Occupancy Rate

ABCD050100Percent

•            

•            

•            

A bar chart titled Occupancy Rate has a horizontal axis labeled with cities A, B, C, and D and a vertical axis labeled Percent from 0 to 100 in increments of 10. There are vertical bars, each of which is over a horizontal axis label. The heights of the bars are as follows, where the horizontal axis label is listed first and the height is listed second: A, 88; B, 93; C, 92; D, 92. All heights are approximate.

 

C.

Occupancy Rate

ABCD050100Percent

•            

•            

•            

A bar chart titled Occupancy Rate has a horizontal axis labeled with cities A, B, C, and D and a vertical axis labeled Percent from 0 to 100 in increments of 10. There are vertical bars, each of which is over a horizontal axis label. The heights of the bars are as follows, where the horizontal axis label is listed first and the height is listed second: A, 92; B, 92; C, 93; D, 88. All heights are approximate.

 

D.

Occupancy Rate

ABCD050100Percent

•            

•            

•            

A bar chart titled Occupancy Rate has a horizontal axis labeled with cities A, B, C, and D and a vertical axis labeled Percent from 0 to 100 in increments of 10. There are vertical bars, each of which is over a horizontal axis label. The heights of the bars are as follows, where the horizontal axis label is listed first and the height is listed second: A, 88; B, 92; C, 93; D, 92. All heights are approximate.

c. Briefly comment on why a bar chart would be preferred over a pie chart for these data.

Why would a bar chart be preferred over a pie chart?

 

A.

A bar chart shows the percent difference between the occupancy rates.

 

B.

It is easier to compare the occupancy rates between cities.

 

C.

The spaces between the bars make a bar chart easier to read.

 

D.

The use of a single color for the bars makes a bar chart easier to read.

 

7.

managers put the data shown to the right on the overhead projector to illustrate the ratio of the number of units manufactured to the number of employees at each of the five manufacturing plants. Complete parts a and b below.                Plant Location    Units Manufactured/Employees              

                A             10.5       

                B             16.2       

                C             12.9       

                D             8.8         

                E              13.9       

a. Discuss whether a pie chart or a bar chart would be most appropriate to present these data graphically. Choose the correct answer below.

 

A.

While both charts clearly display the ratio of the units manufactured to employees, it is easier to compare the ratios across plant locations with the bar chart.

 

B.

While both charts clearly display the ratio of the units manufactured to employees, it is easier to compare the ratios across plant locations with the pie chart.

 

C.

Only the pie chart clearly displays the ratio of the units manufactured to employees by plant location.

 

D.

Only the bar chart clearly displays the ratio of the units manufactured to employees by plant location.

Your answer is correct.

b. Construct the chart you recommended in part a. Choose the correct graph below.

 

A.

A pie graph titled Units per Employee consists of a circle divided into five sect

 

 

8.

Shown below is a series of annual sales (in millions of dollars) over an 11-year period (1996 to 2006). Construct a line chart showing these sales data. Write a short statement describing the graph.

Year       1996       1997       1998       1999       2000       2001       2002       2003       2004       2005       2006          

Sales      15.5        14.5        10.0        5.0          5.0          5.0          5.0          5.0          10.0        14.5        15.5       

Construct a line chart. Choose the correct graph below.

 

A.

   2006      1996030YearSales (in millions)

•            

•            

•            

A line chart has a horizontal axis labeled Year from 1996 to 2006 in increments of 1 and a vertical axis labeled Sales in millions from 0 to 30 in increments of 5. The graph consists of a series of plotted points connected by line segments from left to right. The points loosely form the pattern of a curve that starts at (1996, 14.5), rises passing through (1998, 20.0) to a maximum at (2001, 25.0), and then falls passing through (2004, 20.0) to (2006, 14.5).

 

B.

   2006      1996030YearSales (in millions)

•            

•            

•            

A line chart has a horizontal axis labeled Year from 1996 to 2006 in increments of 1 and a vertical axis labeled Sales in millions from 0 to 30 in increments of 5. The graph consists of a series of plotted points connected by line segments from left to right. The points loosely form the pattern of a curve that starts at (1996, 15.5), falls passing through (1998, 10.0) to a minimum at (2001, 5.0), and then rises passing through (2004, 10.0) to (2006, 15.5).

Your answer is correct.

 

C.

   2006      1996030YearSales (in millions)

•            

•            

•            

A line chart has a horizontal axis labeled Year from 1996 to 2006 in increments of 1 and a vertical axis labeled Sales in millions from 0 to 30 in increments of 5. The graph consists of a series of plotted points connected by line segments from left to right. The points form the pattern of a curve that starts at (1996, 21.5), generally rises to (1999, 25.0), levels out, and then generally falls to (2006, 21.5).

 

D.

   2006      1996030YearSales (in millions)

•            

•            

•            

A line chart has a horizontal axis labeled Year from 1996 to 2006 in increments of 1 and a vertical axis labeled Sales in millions from 0 to 30 in increments of 5. The graph consists of a series of plotted points connected by line segments from left to right. The points form the pattern of a curve that starts at the point (1996, 5.0), repeatedly rises and falls passing through (1997, 15.5), (1999, 14.5) and (2002, 25.0), and ends at (2006, 15.5).

Write a short statement describing the graph. Choose the correct answer below.

 

A.

Sales started

increasing

until they leveled out at the year 2000, and then started

decreasing

after 2002.

 

B.

Sales were both

increasing

and

decreasing

seemingly at random throughout the time period.

 

C.

There are no significant changes in sales over time.

 

D.

Although sales both started and ended this time period at the same amount, they were

decreasing

until the year 2000 and then started

 

9.

As a result of increased fuel costs, the airline industry has been hit hard financially. Some airlines are substituting smaller planes on certain routes in an attempt to reduce fuel costs. As an analyst for one of the major airlines, you have been asked to analyze the relationship between passenger capacity and fuel consumption per hour. Data for 17 different planes is provided. Develop the appropriate graph to illustrate the relationship between fuel consumption per hour and passenger capacity.

LOADING...

 

Click the icon to view the plane data.

What is the correct type of graph to illustrate the relationship between fuel consumption per hour and passenger capacity?

 

A.

A frequency distribution would best illustrate the relationship.

 

B.

A scatter diagram would best illustrate the relationship.

 

C.

A pie chart would best illustrate the relationship.

 

D.

A histogram would best illustrate the relationship.

Choose the correct graph below.

 

A.

Passenger Capacity         Number of Planes

0–99      1

100–199               10

200–299               5

300–399               0

400–499               1

 

B.

A pie graph consists of a circle divided into seventeen sectors with approximate sizes as a percentage of the circle as follows: 14 percent, 10 percent, 10 percent, 7 percent, 7 percent, 7 percent, 6 percent, 6 percent, 5 percent, 4 percent, 3 percent, 4 percent, 5 percent, 4 percent, 3 percent, 4 percent, 4 percent.

 

C.

0      3500xy

•            

•            

•            

A coordinate system has an unlabeled horizontal x-axis and a vertical y-axis labeled from 0 to 3500 in increments of 500. Vertical bars extend upwards from the x-axis with no space between them. The bars have approximate heights as follows from left to right: 3050, 2200, 2200, 1450, 1550, 1500, 1350, 1300, 1200, 800, 750, 850, 1100, 800, 650, 800, 800.

 

D.

045004000CapacityFuel Consumption (gal/hr)

•            

•            

•            

A coordinate system has a horizontal axis labeled Capacity from 0 to 450 in increments of

 

Discuss the relationship between the variables. Choose the correct answer below.

 

A.

There appears to be a curvilinear relationship between passenger capacity and fuel consumption. As passenger capacity increases, fuel consumption increases.

 

B.

There appears to be a linear relationship between passenger capacity and fuel consumption. As passenger capacity increases, fuel consumption increases.

 

C.

There appears to be a curvilinear relationship between the type of plane and fuel consumption. Fuel consumption increases with the type of plane.

 

D.

There does not appear to be a significant relationship between passenger capacity and fuel consumption.

 

E.

There appears to be a linear relationship between passenger capacity and fuel consumption. As passenger capacity increases, fuel consumption decreases.

 


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