1: Write Down Your Name and Section Number. (6Pts)

Name: ______Section: ______Quiz 3 Ch8, Ch 10 and Ch 16 1: Write down your name and section number. (6pts) 2. You might try to measure how rich a person is by looking at the cat they drive. In fact, driving a fancy car has little to do with income (most luxury cars are leased). In statistical terms, measuring income by car model is ______(2pts) A) not reliable B) not valid C) biased 3. An example of a categorical variable is ______(2pts) A) the number of songs on my MP3 player. B) the title of a song on my MP3 player. C) the duration of a song (in seconds) on my MP3 player. D) the composer of a song on my MP3 player. E) Both (B) and (D) 4. You have data on returns on common stocks for all years since 1945. To show clearly how returns have changed over time, your best choice of graph is ______(2pts) A) a bar graph B) a line graph C) a pie chart D) a histogram 5. To illustrate a talk you are giving, you want to make a graph to compare the consumption (in gallons) of alcohol per person for several countries. For example, this is 2.87 gallons per person in France and 1.74 gallons per person in the United States. You should make a ______(2pts) A) bar graph B) pictogram C) line graph D) pie chart 6. A pair of soccer shoes cost $50.00 in 1998; a pair of the same type of shoes costs $120.00 in 2008. Using 1998 as the base year, what is the soccer shoe index number for 2008? ______(2pts) A) $120.00 B) $50.00 C) 240 D) 2.4 7. The Consumer Price Index (CPI) was about 207 in 2007. In 1989 the CPI was 124. Tuition for in-state students at one Big Ten university was $2,032 in 1989. In 2007 dollars, this tuition is equivalent to ______(2pts) A) 2,032 * {2007/1989} = $2,050 C) 2,032 * {124/207} = $1,217 C) 2,032 * {207/100} = $4,206 D) 2,032 * {207/124} = $3,392 8. A university student named Jimmie had the data below for his fast food consumption in 1995 Quantity Price Hamburgers 400 $2 each Cokes 200 $1 each For the year 2000 Jimmie had the data below for his fast food consumption Quantity Price Hamburgers 350 $2.5 each Fish Sandwich 200 $2 each Cokes 250 $1.25 each The fixed market basket Fast Food Index for Jimmie for the year 2000 when compared to the base year 1995 is (1pt) A) $1000.00 B) $ 1587.50 C) 158.75 D) 125 9. Turn in your 3 inch x 5 inch cheat sheet with your name on it. (1pt)