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Miller-Greaves Examination #4 – Fall 2013

QAS 228-001 December 5, 13

Directions: Read and complete each question provided in this exam. Each correct answer will be worth 5 points. Please include your answers directly in your email and not as an attachment. Partial credit will only be given to problems that require a particular formula and computation. Upon completion of this exam, return the answers only to me via email to prof.tmillergreaves@me.com and Tarshene.miller-greaves@liu.edu by Sunday, December 8, 2013 at 5:00pm. In the subject of your email, please be sure to include your name and Exam #4 and QAS 228-002. Should you have any questions, you can contact me at 718-781-6446 and leave a voicemail message or send me a text message. Thank you.

PART I – MULTIPLE CHOICE – Choose the correct answer from the four choice answers. Each correct answer will be worth 5 points. 1. Sampling distributions describe the distribution of A) parameters. B) statistics. C) both parameters and statistics. D) neither parameters nor statistics. Answer _______ 2. The Central Limit Theorem is important in statistics because A) for a large n, it says the population is approximately normal. B) for any population, it says the sampling distribution of the sample mean is approximately normal, regardless of the sample size. C) for a large n, it says the sampling distribution of the sample mean is approximately normal, regardless of the shape of the population. D) for any sized sample, it says the sampling distribution of the sample mean is approximately normal. Answer _______ 3. For air travelers, one of the biggest complaints is of the waiting time between when the airplane taxis away from the terminal until the flight takes off. This waiting time is known to have a right skewed distribution with a mean of 10 minutes and a standard deviation of 8 minutes. Suppose 100 flights have been randomly sampled. Describe the sampling distribution of the mean waiting time between when the airplane taxis

B) Distribution is right skewed with mean = 10 minutes and standard error = 8 minutes. C) The shape of the sampling distribution is approximately normal. C) The shape of the sampling distribution is approximately normal.5 ounces. If we randomly sampled 100 students. A) Distribution is right skewed with mean = 10 minutes and standard error = 0. Which of the following is true about the sampling distribution of the sample mean if a sample of size 15 is selected? A) The mean of the sampling distribution is 6 ounces. X. B) The standard deviation of the sampling distribution is 2. C) Distribution is approximately normal with mean = 10 minutes and standard error = 0.3 years.8 minutes. D) All of the above are true. D) The standard error of the sampling distribution is equal to 0. B) The standard deviation of the sampling distribution is always σ.away from the terminal until the flight takes off for these 100 flights. B) The standard deviation of the sampling distribution is equal to 3 years. Answer _______ 5. Answer _______ 6. Answer _______ 4. Suppose the ages of students in Statistics 101 follow a right skewed distribution with a mean of 23 years and a standard deviation of 3 years. D) All of the above are correct. C) The shape of the sampling distribution is always approximately normal. Which of the following is true about the sampling distribution of the sample mean? A) The mean of the sampling distribution is always μ. D) Distribution is approximately normal with mean = 10 minutes and standard error = 8 minutes. Suppose a sample of n = 50 items is selected from a population of manufactured products and the weight. Answer _______ . Prior experience has shown that the weight has a probability distribution with μ = 6 ounces and σ = 2.5 ounces. of each item is recorded.8 minutes. which of the following statements about the sampling distribution of the sample mean age is incorrect? A) The mean of the sampling distribution is equal to 23 years.

B) we have 99% confidence that we have selected a sample whose interval does include the population mean. B) 2.23 D) $728. D) None of the above. A 99% confidence interval estimate can be interpreted to mean that A) if all possible samples of size n are taken and confidence interval estimates are developed. The population standard deviation is known to be $1.30 C) $465. (Assume that the sample statistics gathered would not change very much for the new sample.60 Answer _______ 10. the critical value of t will be A) 2. Answer _______ 9. If it is decided to take a larger sample and to decrease the confidence level of the interval. What is the width of the 90% confidence interval? A) $232.) A) be larger than the current interval width B) be narrower than the current interval width C) be the same as the current interval width D) be unknown until actual sample sizes and reliability levels were determined Answer _______ 8.7874.7969. If you were constructing a 99% confidence interval of the population mean based on a sample of n = 25 where the standard deviation of the sample S = 0.4922. A random sample of 50 individuals resulted in a mean income of $15.000.60 B) $364. Suppose a 95% confidence interval for μ has been constructed.4851.05. D) 2.7. Answer _______ . C) 2. An economist is interested in studying the incomes of consumers in a particular country.000. C) Both of the above. then the resulting interval width would ________. 99% of them would include the true population mean somewhere within their interval.

13. Answer _______ 12.50 ± $9. A major department store chain is interested in estimating the mean amount its credit card customers spent on their first visit to the chain's new store in the mall. A sample of 25 cans is to be selected. A prison official wants to estimate the proportion of cases of recidivism.00 D) $50. The standard error of the population proportion will become larger A) as population proportion approaches 0. C) as population proportion approaches 1.00. D) as the sample size increases. B) as population proportion approaches 0. the official determines that there are 65 cases of recidivism. A) $50. A confidence interval will be obtained for the proportion of cases of recidivism. Answer _______ . For this sample.50 ± $10.50 ± $11.50 and S = 20.12 C) $50.50 ± $11. the estimated standard error is ________.50. The amount of tea leaves in a can from a particular production line is normally distributed with μ = 110 grams and σ = 25 grams.08 Answer _______ PART II – FILL IN THE BLANK– Provide the blank space with the correct answer. Examining the records of 250 convicts.09 B) $50. What is the probability that the sample mean will be greater than 100 grams? Answer _______ 14. Fifteen credit card accounts were randomly sampled and analyzed with the following results: X = $50. Construct a 95% confidence interval for the mean amount its credit card customers spent on their first visit to the chain's new store in the mall assuming that the amount spent follows a normal distribution.11. Part of this calculation includes the estimated standard error of the sample proportion.

A) We are 95% confident that the true proportion of all students receiving financial aid is between 0. C) 95% of the observations in the entire population fall in the given interval. Interpret this interval. B) In repeated sampling. A university dean is interested in determining the proportion of students who receive some sort of financial aid. When determining the sample size for a proportion for a given level of confidence and sampling error.8 and S = 5.000. Give a definition of what it means to be "95% confident" as an inference. 2.07. Answer _______ 17.PART III – MULTIPLE CHOICE – Choose the correct answer from the four choice answers. C) The mean of the sample equals the mean of the population. D) 95% of the observations in the sample fall in the given interval. A) In repeated sampling. B) 95% of the students get between 52% and 66% of their tuition paid for by financial aid. The director randomly selects 64 different 24-hour periods and determines the number of admissions for each. X = 19.50 that π is estimated to be. For this sample. the director of a hospital wishes to estimate the mean number of people who are admitted to the emergency room during a 24-hour period.59 ± 0. Suppose a 95% confidence interval for μ turns out to be (1. As an aid to the establishment of personnel requirements. Each correct answer will be worth 5 points. the sample size . The 95% confidence interval for π is 0. Rather than examine the records for all students.100). the closer to 0. Answer _______ 18. D) We are 95% confident that 59% of the students are on some sort of financial aid. Which of the following assumptions is necessary in order for a confidence interval to be valid? A) The population sampled from has an approximate normal distribution. B) The population sampled from has an approximate t distribution.66. the population parameter would fall in the given interval 95% of the time. D) None of these assumptions are necessary.52 and 0. 95% of the intervals constructed would contain the population mean. Answer _______ 16. 15. C) We are 95% confident that between 52% and 66% of the sampled students receive some sort of financial aid. the dean randomly selects 200 students and finds that 118 of them are receiving financial aid.

260 to $5. 95% of them will have total compensations that fall in the interval $2.181. Which of the following interpretations is correct? A) 95% of the sampled total compensation values fell between $2. If the head librarian knows that the population standard deviation is 150 books checked out per day. 21. approximately how large a sample did her assistant use to determine the interval estimate? A) 125 B) 13 C) 11 D) 4 Answer _______ PART IV.181. D) We are 95% confident that the mean total compensation of all CEOs in the . which factor is not considered when sampling with replacement? A) The population size B) The population standard deviation C) The level of confidence desired in the estimate D) The allowable or tolerable sampling error Answer _______ 20. larger or unaffected Answer _______ 19.836.181. $5.260. Each correct answer is worth 2 points. Extra Credit Questions.180).836.260 and $5. When determining the sample size necessary for estimating the true population mean.260 to $5. B) We are 95% confident that the mean of the sampled CEOs falls in the interval $2.required ________.180. Data were randomly collected from 18 CEOs and the 95% confidence interval was calculated to be ($2.180.836. A) is smaller B) is larger C) is not affected D) can be smaller. C) In the population of Service industry CEOs. The assistant provides the following interval estimate: from 740 to 920 books per day. and she asked her assistant for a 95% confidence interval. The head librarian at the Library of Congress has asked her assistant for an interval estimate of the mean number of books checked out each day.180. It is desired to estimate the mean total compensation of CEOs in the Service industry.181.836.

D) only if the population is normally distributed. Answer _______ TABLE A The lifetimes of a certain brand of light bulbs are known to be normally distributed with a mean of 1. the sampling distribution of the mean will be approximately normally distributed A) regardless of the shape of the population.181.550 hours? Answer _______ 23. what is the probability that the sample mean lifetime is more than 1. Referring to Table A. Referring to Table A.15 that the sample mean lifetime is more than how many hours? Answer _______ 24. 22. For sample sizes greater than 30.20 that the sample mean lifetime differs from the population mean lifetime by at least how many hours? Answer _______ 25.180. A random sample of 64 of these light bulbs is taken. the probability is 0.836. C) only if the standard deviation of the samples are known.600 hours and a standard deviation of 400 hours. B) only if the shape of the population is symmetrical. Answer _______ .Service industry falls in the interval $2. the probability is 0. Referring to Table A.260 to $5.

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