Answer the following statement(s) true (T) or false (F)
1. A dataset where the tail leads to the right would have a positive skew.
2. If you want to find the middle of a dataset, you are calculating variability.
3. Conditions that must be true for a statistic to be meaningful are considered assumptions.
4. For this survey dataset, the mode is equal to 4: 4, 5, 1, 4, 1, 2, 2, 3
5. The median is more precise than the mode and less robust than the mean.
1.true
2.false
3.true
4.false
5.false
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Pocono Co purchased a patent at the beginning of 2016 for $490,000 Economic benefits were expected for 7 years, but the patent's legal life was 20 years. Also during 2016, the company incurred research and development costs of $150,000 . Patent amortization expense for 2016 is
a. $24,500 b. $150,000 c. $72,143 d. $70,000
Popular output devices include the keyboard, mouse, trackball, microphone, and various types of scanners.
Answer the following statement true (T) or false (F)
A total of 1,000 students responded to a survey about using student fees to build a new health care center on campus. Of those responding, 700 students said they "strongly agree" with this proposal. What percentage of students strongly agree?
A) 14.28 percent B) 30 percent C) 70 percent D) Impossible to determine with data provided
Expanded assortment, reduced margins, and more information are characteristics of
A. the Internet. B. mail order. C. club stores. D. specialty shops. E. department stores.