A random sample of 900 middle managers is selected for study. The sample mean is computed to be $38420 and the sample standard deviation is $3140. The average time that adult spends reading the daily newspaper is 9 minutes with a standard deviation of 1. Minutes.
A random sample of 900 middle managers is selected for study. The sample mean is computed to be $38420 and the sample standard deviation is $3140. The average time that adult spends reading the daily newspaper is 9 minutes with a standard deviation of 1. Minutes.
A random sample of 900 middle managers is selected for study. The sample mean is computed to be $38420 and the sample standard deviation is $3140. The average time that adult spends reading the daily newspaper is 9 minutes with a standard deviation of 1. Minutes.
A random sample of 900 middle managers is selected for study. The sample mean is computed to be $38420 and the sample standard deviation is $3140. The average time that adult spends reading the daily newspaper is 9 minutes with a standard deviation of 1. Minutes.
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Fall,2010
MA1670 - Assignment 3 Chapters 8, 9, 10, 13
Name: ID Section:
Sampling (Chapter 8)
1. To obtain a sample of 100 vehicles, you count every 10th vehicle that enters the parking lot at the college. What type of sampling is this?
A) Random sampling
B) Cluster sampling ~~Stratified sampling ~Systematic sampling
2. All possible samples of size n are selected from a population and the mean of each sample is determined. According to the Central Limit Theorem, what is the standard deviation of the sample means?
A) Exactly the same as the population standard deviation. ~ Larger than the population standard deviation (g)Smaller than the population standard deviation
D) Exactly the same as the population mean
3.
An experiment involves selecting a random sample of 900 middle managers at random for study. One item of interest is their mean annual income. The sample mean is computed to be $38420 and the sample standard deviation is $3140. What is the standard error of the mean?
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Use the following to answer questions 4 and 5.
Suppose that the body mass of an insect species is normally distributed with a mean of 9.5 mg and a standard deviation of 1. 7 mg.
4. What is the probability that a single insect from this population 4 .• S:PD would have a body mass of 9.8 mg or less?
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s. What is the probability that the mean mass for a sample of 40
insects would be 9.8 mg or less?
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Use the following to answer questions 6-9:
The average time that adult spends reading the daily newspaper is 9 minutes with a standard deviation of 1.5 minutes.
6. If you choose one person at random, what is the probability s/he will spend between 8.7 and 9.5 minutes reading the newspa per today?
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7. If you choose a sample of 50. What is the standard error of the 7.·;t1 .:z./ mean?
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8. If you choose a sample of 50, what is the probability that the sample mean is between 8.7 and 9.5 minutes?
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9.
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If you ChoosJ a sample of 501 what is the probability that the sample mean is greater than 9.3 minutes? 't'-7
10. For a distribution of sample means constructed by sampling 8 items from a population of 15, how many possible sample means are there?
10.6 f35
Fall, 2010
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Confidence Intervals (Chapter 9)
11. A confidence interval for a population mean is constructed from sample data.
A) We can conclude that the population mean is in the interval ~ We can conclude that the population mean is not in the interval
CJ;)J We can conclude, with a stated level of confidence, that the population mean is in the interval
D) We cannot make any inferences.
12. A recent survey of the salaries of Business school graduates had 300 returns.
The average salary was $22000 with a standard deviation of $2300. What is the best point estimate of the population mean?
A) $300
B) $2000
C) $2300 ~$22000
13.
Suppose 1,850 of 2,350 registered voters sampled said they planned to vote for the Republican candidate for president. Using the 0.95 degree of confidence, what is the interval estimate for the population proportion (to the nearest tenth of a percent)?
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13. _
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14. The American Restaurant Association collected information on 14. _
the number of meals eaten outside the home per week by
young married couples. A survey of 60 couples showed the
sample mean number of meals eaten outside the home was
2.76 meals per week with a standard deviation of 0.75 meals
per week. Construct a 95% confidence interval for the
population mean. (:_. 51) ;;Z,q~
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15. An important factor in selling a residential property is the 15. _
number of people who look through the home. A survey of 15
recently sold homes revealed the mean number looking through
each home was 24 and the standard deviation was 5 people.
Develop a 99% confidence interval for the population mean.
16.
The First National Bank has 650 checking account customers.
A recent sample of 50 of these customers showed 26 to have a visa card with the bank. Construct the 95% confidence interval for the proportion of checking account customers who have a visa card with the bank.
16. _
ression Analysis (Chapter 13)
17.U¥at he variable used to predict the value of another called?
A Indepen t
Dependent
C) Correlation
D) Determination
18. Which of the following statements r rding the coefficient of correlation is
true?
A) It ranges from -1.0 to + 1.0 inclusive
B) It measures the strength of the relationship bet n two variables
C) A value of 0.00 indicates two variables are not relate
D) All of the above
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What does a coefficient of correlation of 0.70 infer?
A) Almost no correlation because 0.70 is close to 1.0
B) 70% of the variation in one variable is explained by the other
C) Coefficient of determination is 0049
) Coefficient of nondetermination is 0.30
20. WH t is the range of values for a coefficient of correlation?
A) 0 0 +1.0
B) -3 0 +3 inclusive
C) -1.0 0 +1.0 inclusive
D) Unlimi d range
21 . If the correl ion between two variables is close to one, the association is
A) strong.
B) moderate.
C) weak.
D) none.
22. If the correlation coeffi tent between two variables equals zero, what can be said of the variables X an Y?
A) Not related
B) Dependent on each other
C) Highly related
D) All of the above are correct
23. Which value of r indicates a stronge orrelation than OAO?
A) -0.30
B) -0.50
C) +0.38
D) 0
24. Based on the regression equation, we can
A) predict the value of the dependent variable given independent variable.
B) predict the value of the independent variable given a dependent variable.
C) measure the association between two variables.
D) all of the above.
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~ The ages (in years) of 7 men and their systolic blood pressure are given in the
e below.
Age~ 16 25 39 45 49 64 70
Blood\>ressure, y 109 122 143 132 199 185 199
A. com~ the scatter plot.
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B. What is the correlation coefficient. 8
C. Use the Table to test for a significant correlation at the 0.02 level.
D. Find the re ression equation and plot the regression equation through the scatter plot.
E. Estimate the blood pressure r someone who is 47 years old.
F. Find the coefficient of determination. Explain hat the number means.
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Hypothesis Testing. (Chapter 10.)
Use the following to answer questions 26 -30:
The average price of a 4 year old Toyota Corolla is reported to be $8500.You believe the price is higher. A sample of 150 used, 4 year old Corollas showed that the average price $8745 with a standard deviation of $1200. Let ex = 0.05.
26.
What are the null and alternative hypotheses for this study? A) Null: J1 ~ $9,000; alternative: J1 > $9,000
Based on the computed test statistic or p-value, what is our decision about the average price?
A) Equal to $8,500 @ Greater than $8,500
C) Less than $8,500
D) Not equal to $8,500
Fall,2010
10
Use the following to answer questions 31 - 38:
Based on the Nielsen ratings, the local CBS affiliate claims its 11: 00 PM newscast reaches 41% of the viewing audience in the area. In a survey of 100 viewers, 36% indicated that they watch the late evening news on this local CBS station.
37 What is the critical value if the level of significance is O.lO?
A) -1.282
®> ±1.65
C) -2.58
D) 2.58
38 What is your decision if a = 0.01?
@ Fail to reject the null hypothesis and conclude the newscast reaches about 41 % of the audience.
S) Reject the null hypothesis and conclude the newscast does not reach 41% of the audience.
C) Fail to reject the alternate and conclude the newscast does not reach 41 % of the audience.
D) Reject the alternate and conclude the newscast reaches about 41 % of the audience.
39. What is the critical value of t for a two-tailed test with a null hypothesis f.1 = 25, a = 0.05 and n = 117
40 At a certain university the mean income of parents of the entering class is reported to be $91 600. The president of the university believes that the income of these families is lower than $91 600. She surveys 100 randomly selected families and finds that the mean income is $89 321 with a standard deviation of $6500. Does the sample provide enough evidence to say that the mean income is less than what is claimed? Test using a p-value approach. Interpret the p value. Show steps used to arrive at your conclusion.
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Fall, 2010
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41
A local paper reported that 17% of adults had attended a musical play in the last year. To test this claim, a researcher surveyed 90 adults and found that 22 of them had attended a musical play in the last year. At 6. = 0.05, test to see if the claim is correct. Use the classical 5 step approach. Use the formula to find the test statistic.
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42 A report by the Gallup Poll stated that on average a woman visits her physician 5.8 times per year. A researcher randomly selects 20 women and obtained the following data.
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9 1
4 3
6 4
6 1
At 6. = 0.05, can it be concluded that the average has changed?(Is the average different than at was claimed).
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Fall, 2010
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43. What is the critical value of t for a right-tailed test with a null hypothesis fl = 25, alpha = 0.05 and n = 17?
44. What are the critical z-values for a two-tailed hypothesis test if alpha = 0.05?
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45. From past experience a television manufacturer found that 10% or less of its sets needed any type of repair in the first two years of operation. In a sample of 60 sets manufactured two years ago, 11 needed repair. At the .05 significance level has the percentage of sets needing repair increased? Interpret the p-value.
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