Professional Documents
Culture Documents
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1.
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
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.
Weight of a person
7.
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
Indianapolis
St. Louis
Chicago
Milwaukee
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
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 of
Empirical
Classical
QNT 351 Week 2 Connect Problem Set
The director of admissions at Kinzua University in Nova Scotia estimated the distribution of
student admissions for the fall semester on the basis of past experience.
Admissions Probability
Compute the variance and the standard deviation of the number of admissions. (Round your
2.
standard deviation to 2 decimal places.)
Variance
Standard deviation
The Internal Revenue Service is studying the category of charitable contributions. A sample of
26 returns is selected from young couples between the ages of 20 and 35 who had an adjusted
gross income of more than $100,000. Of these 26 returns, 6 had charitable contributions of
more than $1,000. Suppose 5 of these returns are selected for a comprehensive audit.
What is the probability exactly one of the five audited had a charitable deduction of more than
b.
$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
According to the January theory, if the stock market is up for the month of January, it will be up
for the year. If it is down in January, it will be down for the year. According to an article in The
Wall Street Journal, this theory held for x out of the last x years. Suppose there is no truth to this
What is the probability this could occur by chance? (Round your answer to 6 decimal places.)
Probability
Customers experiencing technical difficulty with their internet cable hookup may call an 800
number for technical support. It takes the technician between x seconds and x minutes to
resolve the problem. The distribution of this support time follows the uniform distribution.
What are the values for a and b in minutes? (Do not round your intermediate calculations.
a.
Round your answers to 1 decimal place.)
b- What is the mean time to resolve the problem? (Do not round your intermediate
Mean
b- What is the standard deviation of the time? (Do not round your intermediate calculations.
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
End point 1
End point 2
What proportion of the population is between 20 and 24? (Round z-score computation to 2
b.
decimal places and your final answer to 4 decimal places.)
Proportion
What proportion of the population is less than 18? (Round z-score computation to 2
c.
decimal places and your final answer to 4 decimal places.)
Proportion
Assume that the hourly cost to operate a commercial airplane follows the normal distribution
Operating cost
The manufacturer of a laser printer reports the mean number of pages a cartridge will print
before it needs replacing is x. The distribution of pages printed per cartridge closely follows the
normal probability distribution and the standard deviation is x pages. The manufacturer wants to
provide guidelines to potential customers as to how long they can expect a cartridge to last.
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
Pages
Fairfield, Connecticut, revealed the length of the calls, in minutes, follows the normal probability
distribution. The mean length of time per call was 4.90 minutes and the standard deviation was
0.40 minutes.
What fraction of the calls last between 4.90 and 5.60 minutes? (Round z-score computation
a.
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 computation
c.
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 computation
d.
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
Duration
9.Award: 10 out of 10.00 points
List all samples of size 3, and compute the mean of each sample. (Round your mean value
a.
to 2 decimal places.)
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
The mean age at which men in the United States marry for the first time follows the normal
distribution with a mean of 24.1 years. The standard deviation of the distribution is 2.5 years.
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
Probability
Chapter 1
4. For each of the following, determine whether the group is a sample or a population.
5. The participants in a study of a new cholesterol drug.
6. The drivers who received a speeding ticket in Kansas City last month.
7. Those on welfare in Cook County (Chicago), Illinois.
8. The 30 stocks reported as a part of the Dow Jones Industrial Average.
9. For the following questions, would you collect information using a sample or a
population?
Why?
12. Utilize the concepts of sample and population to describe how a presidential election
isunlike an exit poll of the electorate.
13. 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.
QNT 351 Week 3 Connect Problem Set
Score:70/70Points100%
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. What is your decision regarding H0?
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
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.
H 0: =
H 1:
State the decision rule for .01 significance level. (Negative amounts should be indicated by
b.
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.
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 .
What is the decision rule? (Negative amount should be indicated by a minus sign. Round
b.
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.)
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:
a. State the decision rule. (Negative amount should be indicated by a minus sign. Round
your answers to 3 decimal places.)
b. Compute the value of the test statistic. (Round your answer to 3 decimal places.)
1. The eventsX 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. LetP(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. SupposeP(X1) = .75 and P(Y2|X1) = .40. What is the joint probability of X1 and Y2?
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.
$0 up to $ 20 200
20 up to 50 100
50 up to 100 75
100 up to 200 75
200 or more 50
Total 500
1.
between the number of employees who assemble a subassembly and the number produced. As
during a one-hour period. Then 4 employees assembled them. They produced 10 during a one-
Number of
One-Hour
Production (units)
Assemblers
2 6
4 10
1 4
5 18
3 12
The dependent variable is production; that is, it is assumed that different levels of production
A scatter diagram is provided below. Based on it, does there appear to be any relationship
b.
between the number of assemblers and production?
X Y ( )2 ( )2 ( )( )
2 6 -4 16
4 10 1 1 0
1 4 -6 36
5 18 2 4 16
3 12 2 0 0
= = sx =
sy = r =
2.
value:
1.00 points
The following sample observations were randomly selected. (Round your answers to 2
decimal places.)
X: 4 5 3 6 10
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 digital
Providence 4 15
Springfield 2 8
New Haven 5 21
Boston 6 24
Hartford 3 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
Car Age (years) Selling Price ($000) Car Age (years) Selling Price ($000)
1 9 8.1 7 8 7.6
2 7 6.0 8 11 8.0
3 11 3.6 9 10 8.0
4 12 4.0 10 12 6.0
5 8 5.0 11 6 8.6
6 7 10.0 12 6 8.0
If we want to estimate selling price on the basis of the age of the car, which variable is the
a.
dependent variable and which is the independent variable?
X Y ( )2 ( )2 ( )( )
107.000 82.900
= = sx = sy =
r =
b-
Determine the coefficient of determination. (Round your answer to 3 decimal places.)
2.
Interpret the correlation coefficient. Does it surprise you that the correlation coefficient 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
At the .01 significance level, is the correlation in the population greater than zero? (Round your
Decision:
H 0: 0
QNT 351 Week 4 LT Assignment
H0: = .40
H1: .40
A sample of 120 observations revealed that p = .30. At the .05 significance level, can the null
hypothesis be rejected?
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?
H1: 1 2
A sample of 200 observations from the first population indicated that x1 is 170. A sample of
150 observations from the second population revealed x2 to be 110. Use the .05 significance
level to test the hypothesis.
H0: 1 = 2
H1: 1 2
A random sample of 10 observations from one population revealed a sample mean of 23 and
a sample standard deviation of 4. A random sample of 8 observations from another
population revealed a sample mean of 26 and a sample standard deviation of 5. At the .05
significance level, is there a difference between the population means?
IMPORTANT:
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.
1. 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.
2. Draw a scatter diagram.
3. Determine the correlation coefficient.
4. Interpret the correlation coefficient. Does it surprise you that the correlation coefficient
is negative?
5. 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?
Determine the correlation coefficient and interpret the relationship between x and y.
Determine the correlation coefficient and interpret the relationship between x and y.
QNT 351 Week 5 Final Exam (The 2016 Latest Version 100% Score)
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
An auditor for American Health Insurance reports that 20% of policyholders submit a claim
during the year. 15 policyholders are selected randomly. What is the probability that at least 3
of them submitted a claim the previous year?
.250
.200
.602
.708
z = 3.90
z = -5.44
z = -1.81
z = -2.45
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 you know the computed test statistic
Variance
Mode
Mean
Median
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
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
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
13
The tread life of tires mounted on light-duty trucks follows the normal probability distribution
with a mean of 60,000 miles and a standard deviation of 4,000 miles. Suppose you bought a
set of four tires, what is the likelihood the mean tire life of these four tires is between 57,000
and 63,000 miles?
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
17
A group of women tried five brands of fingernail polish and ranked them according to
preference. What level of measurement is this?
Nominal
Ordinal
Ratio
Interval
18
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
It is asymmetrical.
24
A time series trend equation for Hammer Hardware is Y = 5.6 + 1.2t, where sales are in
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
cigarettes during a week. A sample of 64 smokers revealed that = $20 and S = $5. What is
the 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:
27
As the size of the sample increases, what happens to the shape of the distribution of sample
means?
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