Author: Anonymous

Write the symbols for the following: 1. population mean 2. sample standard deviation 3. population variance 4. estimated population variance 5. sample mean 6. population standard deviation 7. estimated population standard deviation 8. sample variance        

Given the scores: 4,           7,           0,           2,           7,           3,           6,           7, Compute: Mean Median Mode Range Standard Deviation Variance

Which central tendency measurement would you use for: skewed data___________________________________________________________ interval data____________________________________________________________ nominal data___________________________________________________________  4.  ordinal data________________________________

               Cond 1                                  Cond 2                                    Cond 3      Classical Music                    Country Music                    Heavy Metal               5                                                 10                                            20               7                                                 13                                            15                        7                                                  8                                              12               8                                                 12                                            17               3                                                 11                                            19               5                                                  7                                              17   What is the independent variable? What is the dependent variable? Calculate Graph the results Conclude in words what the graph indicated.

Of all the categories of unemployment, most unemployed persons fall into the category of

Exhibit 4-3Refer to Exhibit 4-3. If price P1 is a price ceiling, then

Exhibit 2-6Refer to Exhibit 2-6.  Which graph depicts the result of an increase in the unemployment rate?

Which of the following would NOT be considered a macroeconomic topic?

What is the most prominent rationing device you will likely find at your campus bookstore?

Exhibit 5-3Refer to Exhibit 5-3 which shows the demand and supply of a college athlete.  Suppose that NCAA rules limit the amount that the college can pay this athlete, such that their payment can not exceed the cost of attending the college (currently, $8,000).  What is the consumers’ surplus for the college (with respect to this one athlete)?