AMDM Final Exam Fall 2024

Front

What is the formula to estimate the size of a crowd based on area and depth?

Back

Crowd Size = (Area in square feet) x (Depth in feet) / (Space per person in square feet).

Front

How do you calculate a student's final average grade based on different components?

Back

Final Average = (Weighted Average of Tests + Weighted Average of Quizzes + Homework Average + Final Exam) / Total Weight.

Front

What are the components of monthly deductions from gross pay?

Back

Monthly deductions typically include federal income tax, social security, Medicare, health insurance, and any other applicable deductions.

Front

What is a Box and Whisker Plot and what does it represent?

Back

A Box and Whisker Plot visually represents the distribution of a dataset, showing the median, quartiles, and potential outliers.

Front

How do you determine the middle 50% of a dataset using a Box and Whisker Plot?

Back

The middle 50% is represented by the interquartile range (IQR), which is the range between the first quartile (Q1) and the third quartile (Q3).

Front

What is a margin of error in polling, and how is it calculated?

Back

Margin of error indicates the range within which the true value lies, calculated as a percentage of the sample size.

Front

How do you calculate the true population interval for a candidate's poll results?

Back

True Population Interval = Poll Percentage ± Margin of Error.

Front

What is the significance of the median in a dataset?

Back

The median is the middle value that separates the higher half from the lower half of the dataset, providing a measure of central tendency.

Front

What is the difference between gross pay and net pay?

Back

Gross pay is the total earnings before deductions, while net pay is the amount received after all deductions.

Front

How do you calculate the percentage of a number?

Back

Percentage = (Part / Whole) x 100.