Capital One Assessment Test Data Analysis and Interpretation 3

Question 1

A dataset has a mean of 50, a median of 45, and a mode of 40. What does this suggest about the distribution?

Accepted Answer

The data is positively skewed

Answer

The data is normally distributed

Answer

The data is negatively skewed

Answer

The data has no measurable skew

Question 2

Monthly transaction data: Jan=5,200, Feb=4,800, Mar=6,100, Apr=5,700, May=6,400, Jun=5,900. What best describes this trend?

Accepted Answer

Generally increasing with fluctuations

Answer

Consistently decreasing

Answer

Perfectly stable with no variation

Answer

Cyclically decreasing then increasing

Question 3

Customer age group breakdown: 18–25 (15%), 26–35 (30%), 36–50 (35%), 51+ (20%). A promotion targets the two largest groups. What percentage of customers are included?

Accepted Answer

65%

Answer

45%

Answer

55%

Answer

50%

Question 4

As interest rates rise by 1%, mortgage applications decrease by approximately 8%. This relationship is best described as:

Accepted Answer

Negative correlation

Answer

No correlation

Answer

Positive correlation

Answer

Random variation

Question 5

Credit scores for 10 applicants in order: 600, 650, 680, 700, 720, 740, 760, 800, 820, 850. What is the interquartile range (IQR)?

Accepted Answer

115

Answer

95

Answer

100

Answer

105

Question 6

Dataset A has a standard deviation of 5 and Dataset B has a standard deviation of 15. Which statement is correct?

Accepted Answer

Dataset B has more variability than Dataset A

Answer

Dataset A has more variability than Dataset B

Answer

Both datasets have equal variability

Answer

Standard deviation cannot be used to compare variability between datasets

Question 7

30% of credit card customers carry a balance, and 40% of those customers have a balance exceeding $5,000. What percentage of all credit card customers have a balance exceeding $5,000?

Accepted Answer

12%

Answer

10%

Answer

15%

Answer

70%