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Find the Latest Final Exam answers here QNT 565 Final Exam (Latest)
3. A population consists of the following data: 7, 11, 12, 18, 20, 22, 25. The
population variance is
36.82
22.86
5.16
6.07
4. If the hypothesis presented is tested using a .05 alpha level and the
resulting p value is .01, which of the following interpretations of the results is
most appropriate?
As income increases, food expenditures increase.
There is a relationship between income and food expenditures.
As income decreases, the percentage of income spent on food increases.
There is no relationship between income and food expenditures.
5. Paired comparison scales result in _____ data.
ratio
interval
ordinal
nominal
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Entire Course
6. Five homes were recently sold in Oxnard Acres. Four of the homes sold for
$400,000 while the fifth home sold for $2.5 million. Which measure of
central tendency best represents a typical home price in Oxnard Acres?
The mean or mode.
The midrange or mean.
The median or mode.
The mean or median.
Persuasive
Informative
Appropriate
12. Find the sample correlation coefficient for the following data.
X Y
3 8
7 12
5 13
9 10
1117
1323
1939
2138
8911
.9556
.9132
.9822
17. In the Southeast, the potato chip market share held by the Lays brand is
46%. This is an example of
an explanatory hypothesis
a descriptive hypothesis
a research question
a relational hypothesis
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Final Exam Latest Assignment
18. Which of the following involves a test of two-independent samples?
Test of the average incomes of subscribers of Southern Living and Better
Homes and Gardens
Test of differences in the percent of men and women who are or are not
members of Greek organizations on campus
Test of whether a change occurred in the proneness for heart disease
among people who switched to a diet high in fish
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Study Materials
21. The _____ is used to test the statistical significance of the observed
association in cross-tabulation.
Cramer'sV
chi-square coefficient
phi coefficient
contingency coefficient
22. Which type of non-probability sampling technique is most useful when
individuals with the desired characteristics, experiences, or attitudes are
difficult to identify or reach?
Purposive sampling
Convenience sampling
Random sampling
Snowball sampling
23. Which term below refers to a controlled, randomized procedure that
assures that each population element is given a known, nonzero chance of
selection into a study's sample?
Census
Probability sampling
Nonprobability sampling
Element selection
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24. The _____ is a parametric test to determine the statistical significance
between the sample distribution mean and a population parameter.
t-test
F statistic
Z distribution
Z test
25. Jeremy is using an ANOVA to examine the alternative hypothesis that
brand loyalty is higher among frequent fliers of Jet Blue than the reported
brand loyalty of frequent fliers on United, US Airways, and Delta. If the p value
is less than .05 and the F ratio is greater than 1, which of the following
interpretations is correct?
Jet Blue has lower brand loyalty among its frequent fliers than do the
other three airlines.
There is a difference in brand loyalty among customers of the four
airlines.
There is no difference in brand loyalty among customers of the four
airlines.
Jet Blue has higher brand loyalty among its frequent fliers than do the
other three airlines examined.
26. The product moment correlation coefficient between brand loyalty and
attitude toward the brand is .65 with a p value of .01. What does the sign of the
correlation coefficient signify?
The significance of the relationship
The importance of the relationship
considering only the data values in the middle of the data array.
considering all data values
being calculated easily through the use of a formula
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