Professional Documents
Culture Documents
2.
The incomes of 50 loan applicants are obtained. Which level of measurement is income?
Nominal
Ordinal
Interval
Ratio
3.
The members of each basketball team wear numbers on their jerseys. What scale of measurement
are these numbers considered?
Nominal
Ordinal
Interval
Ratio
4
The reported unemployment is 5.5% of the population. What measurement scale is used to measure
unemployment?
Nominal
Ordinal
Interval or ratio
Descriptive
5.
The Nielsen Ratings break down the number of people watching a particular television show by age.
What level of measurement is age?
Nominal
Ordinal
Interval
Ratio
6.
Two thousand one hundred and forty frequent business travelers are asked which midwestern
city they prefer: Indianapolis, Saint Louis, Chicago, or Milwaukee. 180 liked Indianapolis best,
460 liked Saint Louis, 1240 liked Chicago, and the remainder preferred Milwaukee. Develop a
frequency table and a relative frequency table to summarize this information. (Round relative
frequency to 3 decimal places.)
City
Indianapolis
St. Louis
Chicago
Milwaukee
Frequency
Relative Frequency
8.
The Cambridge Power and Light Company selected a random sample of 20 residential
customers. Following are the amounts, to the nearest dollar, the customers were charged for
electrical service last month:
9.
a. Determine the mean of the population. (Round your answer to 1 decimal place.)
b. Determine the variance of the population. (Round your answer to 2 decimal places.)
10.
An investor buys 100 shares of AT&T stock and records its price change daily. Which concept
Empirical
Classical
Admissions
Probability
Compute the variance and the standard deviation of the number of admissions. (Round
2.
your standard deviation to 2 decimal places.)
Variance
Standard deviation
What is the probability exactly one of the five audited had a charitable deduction of more
b.
than $1,000? (Round your answer to 4 decimal places.)
Probability
What is the probability at least one of the audited returns had a charitable contribution of
c.
more than $1,000? (Round your answer to 4 decimal places.)
Probability
What is the probability this could occur by chance? (Round your answer to 6 decimal places.)
Probability
What are the values for a and b in minutes? (Do not round your intermediate
a.
calculations. Round your answers to 1 decimal place.)
b- What is the mean time to resolve the problem? (Do not round your intermediate
1. calculations. Round your answer to 2 decimal places.)
Mean
b- What is the standard deviation of the time? (Do not round your intermediate
2. calculations. Round your answer to 2 decimal places.)
Standard deviation
What percent of the problems take more than 5 minutes to resolve? (Do not round your
c.
intermediate calculations. Round your answer to 2 decimal places.)
Percent
Suppose we wish to find the middle 50% of the problem-solving times. What are the end
d. points of these two times? (Do not round your intermediate calculations. Round your
answers to 3 decimal places.)
End point 1
End point 2
a. Compute the z value associated with 24. (Round your answer to 2 decimal places.)
What proportion of the population is between 20 and 24? (Round z-score computation to
b.
2 decimal places and your final answer to 4 decimal places.)
Proportion
c.
What proportion of the population is less than 18? (Round z-score computation to 2
Proportion
What is the operating cost for the lowest x% of the airplanes? (Round z value to 2 decimal
places and round final answer to nearest whole dollar.)
Operating cost
How many pages should the manufacturer advertise for each cartridge if it wants to be
correct 99 percent of the time? (Round z value to 2 decimal places. Round your answer to
the nearest whole number.)
Pages
What fraction of the calls last between 4.90 and 5.60 minutes? (Round z-score
a.
computation to 2 decimal places and your final answer to 4 decimal places.)
Fraction of calls
What fraction of the calls last more than 5.60 minutes? (Round z-score computation to 2
b.
decimal places and your final answer to 4 decimal places.)
Fraction of calls
What fraction of the calls last between 5.60 and 6.50 minutes? (Round z-score
c.
computation to 2 decimal places and your final answer to 4 decimal places.)
Fraction of calls
What fraction of the calls last between 4.50 and 6.50 minutes? (Round z-score
d.
computation to 2 decimal places and your final answer to 4 decimal places.)
Fraction of calls
As part of her report to the president, the director of communications would like to report the
e. length of the longest (in duration) 5 percent of the calls. What is this time? (Round z-score
computation to 2 decimal places and your final answer to 2 decimal places.)
Duration
List all samples of size 3, and compute the mean of each sample. (Round your mean value
a.
to 2 decimal places.)
Sample
Values
Sum
Mean
Compute the mean of the distribution of sample means and the population mean. (Round
b.
your answers to 2 decimal places.)
Sample means
Population mean
For a random sample of 66 men, what is the likelihood that the age at which they were married
for the first time is less than 24.6 years? (Round z value to 2 decimal places. Round your
answer to 4 decimal places.)
Probability
For each of the following, determine whether the group is a sample or a population.
The participants in a study of a new cholesterol drug.
The drivers who received a speeding ticket in Kansas City last month.
Those on welfare in Cook County (Chicago), Illinois.
The 30 stocks reported as a part of the Dow Jones Industrial Average.
8.
For the following questions, would you collect information using a sample or a population?
Why?
1.
Statistics 201 is a course taught at a university. Professor A. Verage has taught nearly1,500
students in the course over the past 5 years. You would like to know the averagegrade for the course.
2.
As part of a research project, you need to report the average profitability of the numberone
corporation in the Fortune 500 for the past 10 years.
3.
You are looking forward to graduation and your first job as a salesperson for one offive large
pharmaceutical corporations. Planning for your interviews, you will need toknow about each
companys mission, profitability, products, and markets.
4.
You are shopping for a new MP3 music player such as the Apple iPod. The
manufacturersadvertise the number of music tracks that can be stored in the memory. Usually,the
advertisers assume relatively short, popular music to estimate the number oftracks that can be stored.
You, however, like Broadway musical tunes and they aremuch longer. You would like to estimate how
many Broadway tunes will fit on yourMP3 player.
12.
Utilize the concepts of sample and population to describe how a presidential election isunlike
an exit poll of the electorate.
16.
AVX Stereo Equipment, Inc., recently began a no -hassles return policy. A sample of500
customers who had recently returned items showed 400 thought the policy wasfair, 32 thought it took
too long to complete the transaction, and the rest had no opinion.
On the basis of this information, make an inference about customer reaction to thenew policy
18.
The following chart depicts the average amounts spent by consumers on holiday gifts.
Write a brief report summarizing the amounts spent during the holidays. Be sure toinclude the total
amount spent, and the percent spent by each group.
1.
A sample of 43 observations is selected from a normal population. The sample mean is 30, and
the population standard deviation is 3. Conduct the following test of hypothesis using the 0.05
significance level.
H0 : 29
H1 : > 29
c. What is the value of the test statistic? (Round your answer to 2 decimal places.)
d.
p-value
2.
At the time she was hired as a server at the Grumney Family Restaurant, Beth Brigden was
told, You can average $86 a day in tips. Assume the population of daily tips is normally
distributed with a standard deviation of $3.81. Over the first 48 days she was employed at the
restaurant, the mean daily amount of her tips was $87.07. At the 0.02 significance level, can
Ms. Brigden conclude that her daily tips average more than $86?
c. Compute the value of the test statistic. (Round your answer to 2 decimal places.)
3.
The Rocky Mountain district sales manager of Rath Publishing Inc., a college textbook
publishing company, claims that the sales representatives make an average of 43 sales calls
per week on professors. Several reps say that this estimate is too low. To investigate, a random
sample of 41 sales representatives reveals that the mean number of calls made last week was
44. The standard deviation of the sample is 2.9 calls. Using the 0.100 significance level, can we
conclude that the mean number of calls per salesperson per week is more than 43?
H0 : 43
H1 : > 43
1. Compute the value of the test statistic. (Round your answer to 3 decimal places.)
4.
A United Nations report shows the mean family income for Mexican migrants to the United
States is $27,150 per year. A FLOC (Farm Labor Organizing Committee) evaluation of 30
Mexican family units reveals a mean to be $29,500 with a sample standard deviation of
$11,150. Does this information disagree with the United Nations report? Apply the 0.01
significance level.
H0: =
H1:
State the decision rule for .01 significance level. (Negative amounts should be indicated
b.
by a minus sign. Round your answers to 3 decimal places.)
c. Compute the value of the test statistic. (Round your answer to 2 decimal places.)
Does this information disagree with the United Nations report? Apply the 0.01 significance
d.
level.
5.
he following information is available.
H0 : 220
H1 : < 220
A sample of 64 observations is selected from a normal population. The sample mean is 215,
and the population standard deviation is 15. Conduct the following test of hypothesis using
the .025 significance level.
What is the decision rule? (Negative amount should be indicated by a minus sign.
b.
Round your answer to 2 decimal places.)
What is the value of the test statistic? (Negative amount should be indicated by a minus
c.
sign. Round your answer to 3 decimal places.)
6.
H0 : 10
H1 : > 10
A random sample of 10 observations is selected from a normal population. The sample mean
was 12 and the sample standard deviation 3. Using the .05 significance level:
Reject H0 if t >
b. Compute the value of the test statistic. (Round your answer to 3 decimal places.)
H0 : = 400
H1 : 400
A random sample of 12 observations is selected from a normal population. The sample mean
was 407 and the sample standard deviation 6. Using the .01 significance level:
State the decision rule. (Negative amount should be indicated by a minus sign. Round
a.
your answers to 3 decimal places.)
b. Compute the value of the test statistic. (Round your answer to 3 decimal places.)
The events X and Y are mutually exclusive. Suppose P(X) _ .05 and P(Y) _ .02. What isthe
probability of either X or Y occurring? What is the probability that neither X nor Y willhappen?
2.
Let P(X) _ .55 and P(Y) _ .35. Assume the probability that they both occur is .20. Whatis the
probability of either X or Y occurring?
3.
Suppose P(X1) = .75 and P(Y2 |X1 ) = .40. What is the joint probability of X1 and Y2?
4.
1.
2.
3.
Determine P(A1 ).
Determine P(B1 |A2 ).
Determine P(B2 and A3 ).
5.
Berdines Chicken Factory has several stores in the Hilton Head, South Carolina, area.
Wheninterviewing applicants for server positions, the owner would like to include information onthe
amount of tip a server can expect to earn per check (or bill). A study of 500 recentchecks indicated
the server earned the following amounts in tips per 8 -hour shift.
1.
2.
3.
4.
5.
Number of
Assemblers
One-Hour
Production (units)
10
18
12
The dependent variable is production; that is, it is assumed that different levels of production
result from a different number of employees.
A scatter diagram is provided below. Based on it, does there appear to be any relationship
b.
between the number of assemblers and production?
10
18
12
sy
( )2
-4
2.
value:
1.00 points
( )( )
16
-6
36
( )2
16
sx
The following sample observations were randomly selected. (Round your answers to 2
decimal places.)
X:
10
Y:
9.8
10.6
16.4
19.6
a.
b.
3.
value:
10.00 points
Bi-lo Appliance Super-Store has outlets in several large metropolitan areas in New England.
The general sales manager aired a commercial for a digital camera on selected local TV
stations prior to a sale starting on Saturday and ending Sunday. She obtained the information
for SaturdaySunday digital camera sales at the various outlets and paired it with the number of
times the advertisement was shown on the local TV stations. The purpose is to find whether
there is any relationship between the number of times the advertisement was aired and digita l
Location of
Number of
SaturdaySunday Sales
TV Station
Airings
($ thousands)
Providence
15
Springfield
New Haven
21
Boston
24
Hartford
17
Coefficient of correlation
4.
value:
10.00 points
The owner of Maumee Ford-Mercury-Volvo wants to study the relationship between the age of a
car and its selling price. Listed below is a random sample of 12 used cars sold at the dealership
during the last year.
Car
Age (years)
Car
Age (years)
8.1
7.6
6.0
11
8.0
11
3.6
10
8.0
12
4.0
10
12
6.0
5.0
11
8.6
10.0
12
8.0
b-
1.
( )2
( )2
( )( )
9.0
8.1
1.192
0.007
1.420
0.099
7.0
6.0
-0.908
3.674
0.825
1.741
11.0
3.6
2.083
4.340
10.945
-6.892
12.0
4.0
3.083
9.507
8.458
-8.967
8.0
5.0
-0.917
-1.908
3.642
1.749
7.0
10.0
-1.917
3.092
9.558
-5.926
8.0
7.6
-0.917
0.692
0.840
-0.634
11.0
8.0
2.083
1.092
4.340
2.274
10.0
8.0
1.083
1.092
1.174
1.192
12.0
6.0
3.083
-0.908
9.507
0.825
6.0
8.6
-2.917
1.692
8.507
2.862
-4.934
6.0
8.0
-2.917
1.092
8.507
1.192
-3.184
107.000 82.900
sx =
sy =
Interpret the correlation coefficient. Does it surprise you that the correlation coe fficient is
c.
negative? (Round your answer to nearest whole number.)
correlation between age of car and selling price. So, % of the variation in the selling price is
explained by the variation in the age of the car.
5.
value:
10.00 points
Pennsylvania Refining Company is studying the relationship between the pump price of
gasoline and the number of gallons sold. For a sample of 20 stations last Tuesday, the
correlation was .78.
At the .01 significance level, is the correlation in the population greater than zero? (Round your
answer to 3 decimal places.)
Decision:
H 0: 0
1.
2.
3.
2.
The manufacturer of the X -15 steel-belted radial truck tire claims that the mean mileage the
tire can be driven before the tread wears out is 60,000 miles. Assume the mileage wear follows the
normal distribution and the standard deviation of the distribution is 5,000 miles. Crosset Truck
Company bought 48 tires and found that the mean mileage for its trucks is 59,500 miles. Is Crossets
experience different from that claimed by the manufacturer at the .05 significance level?
3.
The waiting time for customers at MacBurger Restaurants follows a normal distribution with a
population standard deviation of 1 minute. At the Warren Road MacBurger, the quality-assurance
department sampled 50 customers and found that the mean waiting time was 2.75 minutes. At the .05
significance level, can we conclude that the mean waiting time is less than 3 minutes?
4.
1.
2.
3.
4.
5.
Showing your work and how you reached the answer is critical in receiving your
grade...simply putting down values as the final answer will not earn you any points.
Week 5 LT Assignments
1. The city council of Pine Bluffs is considering increasing the number of police in an effort to
reduce crime. Before making a final decision, the council asked the chief of police to survey
other cities of similar size to determine the relationship between the number of police and the
number of crimes reported. The chief gathered the following sample information.
a. Which variable is the dependent variable and which is the independent variable? Hint: Which of the
following makes better sense: Cities with more police have fewer crimes, or cities with fewer crimes
have more police? Explain your choice.
b. Draw a scatter diagram.
c. Determine the correlation coefficient.
d. Interpret the correlation coefficient. Does it surprise you that the correlation coefficient is negative?
2. Pennsylvania Refining Company is studying the relationship between the pump price of gasoline
and the number of gallons sold. For a sample of 20 stations last Tuesday, the correlation was .78. At
the .01 significance level, is the correlation in the population greater than zero?
3. A study of 20 worldwide financial institutions showed the correlation between their assets and
pretax profit to be .86. At the .05 significance level, can we conclude that there is positive correlation
in the population?
4. The following sample observations were randomly selected.
Determine the correlation coefficient and interpret the relationship between x and y.
5. Refer to the following table
Determine the correlation coefficient and interpret the relationship between x and y.
QNT 351 Week 5 Final Exam (The 2016 Latest Version 100% Score)
QNT 351 Week 5 Final Exam
(The 2016 Latest Version 100% Score)
https://uopcourses.com/sd_product/qnt-351-week-5-final-exam/
Number of Questions:30 questions Time Limit:3 hours
Results: 30/30 (100%)
Q1
The Director of Golf for a local course wants to study the number of rounds played by members on
weekdays. He gathered the sample information shown below for 520 rounds. At the .05 significance
level, is there a difference in the number of rounds played by day of the week?
Day Rounds
Monday 124
Tuesday 74
Wednesday 104
Thursday 98
Friday 120
.250
.200
.602
.708
3
When a class interval is expressed as 100 up to 200, _________________________.
A coffee manufacturer is interested in whether the mean daily consumption of regular-coffee drinkers
is less than that of decaffeinated-coffee drinkers. A random sample of 50 regular-coffee drinkers
showed a mean of 4.35 cups per day, with a standard deviation of 1.2 cups per day. A sample of 40
decaffeinated coffee drinkers showed a mean of 5.84 cups per day, with a standard deviation of 1.36
cups per day. What is your computed z-statistic?
z = 3.90
z = -5.44
z = -1.81
z = -2.45
5
You perform a hypothesis test at the .05 level of significance. Your computed p-value turns out
to .042. What is your decision about the hypothesis?
You cant render a decision unless yo u know the computed test statistic
Variance
Mode
Mean
Median
7
The MacBurger restaurant chain claims that the waiting time of customers for service is normally
distributed, with a mean of 3 minutes and a standard deviation of 1 minute. The quality-assurance
department found in a sample of 50 customers at the Warren Road MacBurger that the mean waiting
time was 2.75 minutes. When you perform a test of hypothesis, what would be the resulting p -value?
.0471
.0512
.0384
.0586
8
The first card selected from a standard 52-card deck was a king. If it is returned to the deck, what is
the probability that a king will be drawn on the second selection?
1/4 or 0.25
1/3 or 0.33
1/13 or 0.077
12/13 or 0.923
9
An example of a qualitative variable is _________________.
Weight of a person
10
When statisticians analyze sample data in order to draw conclusions about the characteristics of a
population, this is referred to as:
Descriptive statistics
Data analysis
Data summarization
Statistical inference
11
The ages of all the patients in the isolation ward of the hospital are 38, 26, 13, 41, and 22. What is the
population standard deviation?
9.26
6.92
10.33
15.85
12
Consider the following regression analysis between sales (Y in $1,000) and social media advertising
(X in dollars).
= 55,000 + 7X
The regression equation implies that an:
increase of $1 in advertising is associated with an increase of $62,000 in sales.
1.00
0.8664
0.4332
Very likely
14
University officials say that at least 70% of the voting student population supports a fee increase. If
the 95% confidence interval estimating the proportion of students supporting the fee increase is [0.75,
0.85], what conclusion can be drawn?
Since this was not based on the population, no conclusion can be drawn.
15
A study by the National Park Service revealed that 50% of the vacationers going to the Rocky
Mountain region visit Yellowstone Park, 40% visit the Grand Tetons, and 35% visit both. What is the
probability that a vacationer will visit at least one of these magnificent attractions?
0.05
0.95
0.55
0.35
16
The distribution of a sample of the outside diameters of PVC pipes approximates a symmetrical, bellshaped distribution. The arithmetic mean is 14.0 inches, and the standard deviation is 0.1 inches.
About 68% of the outside diameters lie between what two amounts?
13.8 and 14.2 inches
Nominal
Ordinal
Ratio
Interval
18
What is the range of values for a coefficient of correlation?
0 to +1.0
Unlimited range
-3 to +3 inclusive
19
Which approach to probability assumes that the events are equally likely?
Mutually exclusive
Empirical
Subjective
Classical
20
What is the median of 26, 30, 24, 32, 32, 31, 27, and 29?
30
29.5
29
32
21
Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an
advertising campaign to increase daily sales. To determine the effectiveness of the advertising
campaign, a sample of 49 days of sales was taken. It found that the average daily sales were $6,400
per day. From past history, the restaurant knew that its population standard deviation is about $1,000.
The value of the test statistic is _______.
1.96
6,400
6,000
2.8
22
The mean of a normal distribution is 400 pounds. The standard deviation is 10 pounds. What is the
probability of a weight between 415 pounds and the mean of 400 pounds?
0.1932
0.3413
0.4332
0.5000
23
Which of the following is true regarding the normal distribution?
It is asymmetrical.
24
A time series trend equation for Hammer Hardware is Y = 5.6 + 1.2t, where sales are i n millions of
dollars and t increases by one unit for each year. If the value of sales in the base year of 2016 is $5.6
million, what would be the estimated sales amount for 2018?
$6.8 million
$5.6 million
$8 million
25
A research firm conducted a survey to determine the mean amount steady smokers spend on
95% confidence interval for ?
$18.78 to $21.23
$18.60 to $21.40
18.37 to 21.63
18.16 to 21.84
26
A weight-loss company wants to statistically prove that its methods work. They randomly selected 10
clients who had been on the weight loss program for between 55 and 65 days. They looked at their
beginning weights and their current weight. The statistical test they should utilize is:
It approaches a normal distribution.
It is negatively skewed.
It is positively skewed.
28
Each month the National Association of Purchasing Managers publishes the NAPM index. One of the
questions asked on the survey to purchasing agents is: Do you think that the economy is expanding?
Last month, of the 300 responses, 160 answered yes to the question. This month, 170 of the 290
responses indicated that the economy is expanding. If youre testing to find if a larger proportion of
agents believe that the economy is expanding this month, what is your computed test statistic?
t = -1.07
z = -1.29
t = -1.25
z = -1.11
29
A group of 100 students was surveyed about their interest in a new International Studies program.
Interest was measured in terms of high, medium, or low. In the study, 30 students responded high
interest, 40 students responded medium interest, and 30 students responded low interest. What is the
relative frequency of students with high interest?
.030
.40
.30
.50
30
A hypothesis regarding the weight of newborn infants at a community hospital is that the mean is 6.6
pounds. A sample of seven infants is randomly selected and their weights at birth are recorded as 9.0,
7.3, 6.0, 8.8, 6.8, 8.4, and 6.6 pounds. What is the alternate hypothesis?
H1: 6.6
H1: 6.6
H1: = 6.6