Stat 315-704 Exam 1 SAMPLE Wednesday June 10, 2009 Instructor: Ali Shojaie

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Directions: Do not start the exam until you are told to do so. This is a closed note, close book exam However, you may use a one-sided letter page with formulas etc You may also use a calculator. The standard normal table is given at the last page No communications aids are allowed. Time: 2 hours Good Luck!

True / False Questions

1. A population is a subset of measurements taken from a large group. FALSE 2. Those elements that are not in Set A are called the complement of A. TRUE 3. The probability of event A is defined as the number of ways event A can occur, divided by the number of outcomes possible in the experiment. TRUE 4. The intersection of two sets includes all elements that are part of either set or both sets. FALSE 5. The high daily temperature in Anchorage, Alaska is an example of a continuous random variable. TRUE 6. The binominal assumes that the outcome of each trial is classified into two mutually exclusive categories. TRUE 7. The binominal assumes that the probability of success stays the same for each trial. TRUE 8. Classifying students in a statistics course by their gender is an example of what scale of measurement? A. Nominal B. Ordinal C. Continuous D. Categorical 9. A clothes store manager has sales data of trouser sizes for the last month's sales. Which measure of central tendency should the manager use, if the manager is interested in the most sellable size? A. Mean B. Median C. Mode D. Standard deviation E. Interquartile range

Questions 10-13 are based on the following text The following are the grades a professor gave on the first test in a statistics class: 52, 90, 88, 62, 74, 82, 75, 83, 88 and 86. 10. What was the median score on this test? A. 82 B. 82.5 C. 78.5 D. 88 E. There is no median for this data set 11. What was the mode score on this test? A. 82 B. 82.5 C. 78.5 D. 88 E. There is no mode for this data set 12. What is the interquantile range for the scores on the test? A. 14 B. 12.5 C. 8 D. 6.5 E. None of the above 13. How many outliers are there in this data set? A. 0 B. 1 C. 2 D. between 1 and 2 E. insufficient information 14. The mean weight of three gemstones is 20 grams. The weights of two of the stones are 15 grams and 17 grams. What is the weight of the third stone? A. 16 grams B. 10 grams C. 28 grams D. 14 grams E. Not enough information to determine the weight of the third stone

15. A census is done in a given region. Following are the populations of the towns in that particular region (in thousands): 35, 46, 52, 63, 64, 71, 77, 82 and 94. Which of the following is closest to the 30th percentile for these data? A. 57.5 B. 63 C. 52.7 D. 53 E. 52 16. What is the difference between the variance and standard deviation of a distribution? A. Variance is used with ordinal data and standard deviation with interval data. B. Standard deviation is used with ordinal data and variance deviation with interval data. C. Standard deviation is the positive square of variance. D. Standard deviation is the square root of variance. E. They are basically the same thing 17. What measure of central tendency would be most appropriate for a measurement of salaries if the salaries are normally distributed? A. Mean B. Median C. Mode D. All three; it would depend on your situation 18. Suppose men and women are equally in favor of an upcoming property tax initiative. If, in a random sample of 600 men and 400 women, 240 men were observed to be in favor of the initiative, which of the following charts is most likely representative of what was observed?

A.

B.

C.

D.

E.

19. If a random sample of salaries across all job categories in a large business organization was taken, in general we would expect the data to be: A. Symmetric B. Nominal C. Right-skewed D. Left-skewed E. Bimodal Questions 20-21 are based on the following text One out of three mini-vans sold by a nationwide auto dealer has a hidden defect in its transmission. 20. What is the probability that a randomly selected purchaser of two mini-vans will wind up with at least one mini-van with a defective transmission? A. 0.333 B. 0.500 C. 0.667 D. 0.250 E. 0.556 21. If a small business purchases four mini-vans from this dealer, what is the probability that this purchaser will wind up with exactly two mini-vans with defective transmissions? A. 0.2963 B. 0.1111 C. 0.2222 D. 0.7037 E. 0.7778 22. The probability that account A will have an error in it is 0.75. The probability that account B will have an error in it is 0.40. The probability that both accounts will be in error is 0.20. Are these two accounts independent of each other? A. Yes B. No C. Insufficient information to determine 23. The probability that both events A and B will occur is 0. 15. The probability that event A will occur is 0.3. Then the probability that A will occur, given that B has occurred is: A. 0 B. 0.5 C. 0.15 D. 0.05 E. Insufficient information to determine

Questions 24-27 are based on the following text The following table shows the outcome of 500 interviews attempted during an opinion survey of randomly selected individuals in four counties:

24. What is the probability that a randomly selected interview report involved both a Doughton County respondent and a refusal to be interviewed? A. 0.38 B. 0.30 C. 0.25 D. 0.08 E. 0.02 25. What is the probability that a randomly selected interview report involved either a Bakingwell County respondent or a completed interview? A. 0.62 B. 0.65 C. 0.68 D. 0.83 E. 0.85 26. Suppose a randomly selected interview report is from Crustboro County. What is the probability the person targeted wasn't at home? A. 0.27 B. 0.48 C. 0.65 D. 0.72 E. 0.84 Questions 27-28 are based on the following text The probability of a person liking an advertisement is 0.6. Ten individuals are interviewed at random. 27. What is the probability that exactly five like the advertisement? A. 0.2007 B. 0.7993 C. 0.07776 D. A number very close to zero E. None of the above

28. What is the probability that at least one likes the advertisement? A. A number very close to zero B. A number very close to one C. 0.00157 D. (.6)10 E. Cannot be computed 29. A new medicine has an 85% success rate. Five patients are treated with it. What is the probability that at least four are cured with this new medicine? A. 0.4437 B. 0.3915 C. 0.5220 D. 0.83521 E. None of the above 30. Which of the following is true in a binomial distribution? A. Each outcome is dependent on the previous outcome B. Each trial results in mutually exclusive outcomes C. The probability of success remains the same from trial to trial D. The outcome of a trial depends on the number of trials E. Both B and C are true Questions 31-34 are based on the following text The time required to complete a task is uniformly distributed between 30 and 60 seconds. 31. What is its expected value? A. 45 seconds B. 42 seconds C. 40 seconds D. 47 seconds E. 49 seconds 32. What is the closest number to the standard deviation? A. 50 seconds B. 75 seconds C. 10 seconds D. 15 seconds E. 35 seconds 33. What is the probability that the time you need to complete this task is below the upper quartile of this distribution? A. 45% B. 85% C. 75% D. 25% E. 55%

34. What is the probability that you finish this task in less than 45, if you have been working on this task for 30 minutes? A. 0 B. 50% C. 25% D. 10% E. 55% 35. Let X be a normally distributed random variable with mean 100 and standard deviation 20. Find two values, a and b, symmetric about the mean, such that the probability of the random variable being between them is 0.99. A. 90.5, 105.9 B. 80.2, 119.8 C. 22, 78 D. 48.5, 151.5 E. 90.1, 109.9 36. A professor grades his students on a normal distribution, with mean at 75 and standard deviation of 15. If there are 39 students in his class, about how many score between 80 and 90? A. 5 B. 21 C. 8 D. 13 E. None of the above 37. A calculator manufacturer performs a test on its calculators and finds their working life to be normally distributed, with a mean of 2,150 hours and a standard deviation of 450 hours. What should the manufacturer advertise as the life of the calculators so that 90% of the calculators are covered? A. 2,555 B. 1,947 C. 1,410 D. 1,745 E. 1,574 38. You have two stocks: A and B. The price of each stock is normally distributed. Stock A has a mean of 25 and a standard deviation of 3. Stock B also has a mean of 25, but the standard deviation is 5. If I buy stock A at $25 and sell it on a randomly chosen day in the future (without knowing its price then), what is the probability that I will make at least $2 on each share? Answer the same for stock B. A. 0.2514, 0.1554 B. 0.2514, 0.3446 C. 0.2486, 0.1554 D. 0.2486, 0.3446 E. None of the above

39. A spark plug manufacturer believes that his plug lasts an average of 30,000 miles, with a standard deviation of 2,500 miles. What is the probability that a given spark plug of this type will last 37,500 miles before replacement? A. 0.0228 B. 0.0114 C. 0.0013 D. 0.0714 E. 0.0833 40. A grocery store has a mean accounts receivable of $264, with a standard deviation of $55. The accounts receivable are approximately normally distributed. Find the value such that 45% of all the accounts exceed this value. That is, find x such that: P(X > x) = 0.45. A. $257.13 B. $354.48 C. $270.91 D. $309.00 E. None of the above 41. The upper quartile of a normal distribution with mean 5 is 6.35. What is the closest number to the standard deviation of this distribution? A. 1 B. 5 C. 2 D. 3 E. None of the above

Short Answer Questions

42. The value that occurs most frequently in a data set is called the ________________. Mode 43. The measure of central tendency that is equal to the 50th percentile is called the ______________. Median 44. The difference between the third and first quartile is called the _______________. interquartile range

Longer Answer Questions

45. Automobiles must be inspected annually for conformance with safety and environmental regulations. For those cars failing initial inspection, state law requires inspectors to re-inspect them for free. Data from a random sample of 100 cars that required re-inspection but that ultimately passed inspection are summarized in the following box-and-whisker plot:

a) Among these sampled cars, how many needed more than 3 re-inspections before finally passing? b) Among these sampled cars, how many needed no more than 2 re-inspections before finally passing? c) A casual observer of this study stated that the average number of re-inspections was between 3 and 4. Do you agree or disagree with this statement and why? a) 50 b) 25 c) Likely the average was well in excess of 4, due to the substantial positive (rightward) skew of these data Use the following to Answer questions 46-48: A minor league baseball team expects an average of 500 paying customers on a rainy game day, 1,500 on a cloudy day, 3,000 on a fair day and 5,000 on a sunny day. According to the weather bureau, the probabilities of weather during the baseball season are:

46. Construct the probability distribution of the number of patrons per day.

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47. Find the mean, variance and standard deviation of the number of patrons per day. Mean: 3,300; Variance: 2,385,000; Standard deviation: 1,544.34 48. If admission is $5 per head, what is the expected value and standard deviation of revenue per day from admissions? Expected value: $16,500; Standard deviation: $7,721.7

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