H UNIVERSITY OF l k ECONOMICS HOCHIMINHCITY @ ® Huu Nguyen Do Minh~ Dashboard > My courses > SB-T321PWB-2 > Quizzes at home > Two-sample hypothesis test Started on Friday, 10 December 2021, 9:34 PM State Finished Completed on Friday, 10 December 2021, 10:03 PM Time taken 29 mins 38 secs Question 1 Complete Marked out of 1.00 A recent study focused on the amount of money single men and women save monthly. The information is summarized here. Assume that the population standard deviations are equal Sample Size | Sample Mean | Population Standard Deviation Men’ 25 23 5 jomen 30 28 10 ‘At the 0.01 significance level, do women save more money than men? What is the test statistic for this hypothesis? Select one: A. dfstatistic B._ pstatistic C. zstatistic D. estatisticQuestion 2 Complete Marked out of 1.00 ‘An investigation of the effectiveness of a training program to improve customer relationships included a pre-training and a post-training customer survey. To compare the differences they computed post-training survey score ~ pre-training survey score, Seven customers were randomly selected and completed both surveys. The results are shown here. Customer _ | Pre-training Survey | Post-training Survey | 6 8 B 5 5 c 10 10 D 7 10 E 6 8 F 5 6 G 2 8 For a 0.05 significance level, what is the critical value? Select one: A. 1.895 8. 2.487 C1685 D. 1.943Question 3 Complete Marked out of 1.00 Anational manufacturer of ball bearings is experimenting with two different processes for producing precision ball bearings. It is important that the diameters be as close as possible to an industry standard. The output from each process is sampled, and the average error from the industry standard is measured in millimeters. The results are presented here. Process A Process B sample mean 2.0 30 tandard deviation 1.0 05 ample size 12 14 The researcher is interested in determining whether there is evidence that the two processes yield different average errors. The population standard deviations are unknown but assumed equal. What is the alternate hypothesis? Select one: A HE UR? Be BH: HAS He CH Ua= He D. Ahi Hat HeQuestion 4 Complete Marked out of 1.00 Accounting procedures allow a business to evaluate its inventory costs based on two methods: LIFO (last in first out) or FIFO (first in first out). A manufacturer evaluated its finished goods inventory (in $000s) for five products with the LIFO and FIFO methods. To analyze the difference, they computed FIFO - LIFO for each product. Based on the following results, does the LIFO method result in a lower cost of inventory than the FIFO method? Product FIFO (F) LIFO (L) 1 225 221 2 119 100 3 100 113 4 212 200 5 248 245, This example is what type of test? Select one: A. Atwo-sample test of means B. Apaired ttest C. Aone-sample test of means D. Atest of proportionsQuestion 5 Complete Marked out of 1.00 A recent study focused on the number of times men and women send a Twitter message in a day. The information is summarized here. Sample Size | Sample Mean | Population Standard Devi Men’ 25 2B 5 omen 30 28 10 At the 0.01 significance level, we ask if there is a difference in the mean number of times men and women send a Twitter message in a day, What is the value of the test statistic for this hypothesis test? Select one: A. 2.40 8 2.58 C. 2.668 D. 2.672Question 6 Complete Marked out of 1.00 Accounting procedures allow a business to evaluate their inventory costs based on two methods: LIFO (last in first out) or FIFO (first in first out). A manufacturer evaluated its finished goods inventory (in $000s) for five products with the LIFO and FIFO methods. To analyze the difference, they computed FIFO - LIFO for each product. We would like to determine if the LIFO method results in a lower cost of inventory than the FIFO method. Product FIFO (F) LIFO (L) 1 225 221 2 119 100 3 100 113 4 212 200 5 248 245, What is the null hypothesis? Select one A Hi yg=0 8. Ho: Mas 0 C. Ho: my? 0 D. Ho: Wg# 0 Question 7 Complete Marked out of 1,00 When is it appropriate to use the paired difference etest? Select one: ‘A. When any two samples are compared 8, When four samples are compared at once . When two independent samples are compared D. When two dependent samples are comparedQuestion 8 Complete Marked out of 1.00 For a hypothesis comparing two population means, Ho: 1 < Lp, what is the critical value for a one-tailed hypothesis test, using a 5% significance level, with both sample sizes equal to 13? Assume the population standard deviations are equal. Select one: A. 42,060 a7 c. +2084 D. 41711 Question 9 Complete Marked out of 1.00 The results of a mathematics placement exam at two different campuses of Mercy College follow: Campus | Sample Size _| Sample Mean |Population Standard Deviation 1 330 33, 8 2 310 31 7 What is the alternative hypothesis if we want to test the hypothesis that the mean score on Campus 1 is higher than on Campus 2? Select one: AL Hw =0 B. Hhpp=0 CHa Ste D. MiB? HeQuestion 10 Complete Marked out of 1.00, If we are testing for the difference between two population means, it is assumed that the sample observations from one population are independent of the sample observations from the other population. Select one: True False Question 11 Complete Marked out of 1.00 ‘An investigation of the effectiveness of a training program to improve customer relationships included a pre-training and a post-training customer survey. To compare the differences they computed (post-training survey score ~ pre-training survey score). Seven customers were randomly selected and completed both surveys. The results are shown here. Customer _ | Pre-training Survey | Post-training Survey | 6 8 B 5 5 c 10 10 D 7 10 E 6 8 F 5 6 G 2 8 For a 0.05 significance level, what is the decision regarding the hypothesis that the training was effective in improving customer relationships? Select one: A. Reject the null hypothesis and conclude that the training was effective. 8, Fall to reject the null hypothesis and conclude that the mean survey scores are not equal. C. Fail to reject the null hypothesis and conclude that the mean survey scores are the same, D. Reject the null hypothesis and conclude that the training was ineffective.Question 12 Complete Marked out of 1.00, Assuming the population variances are known, the population variance of the difference between two means is, Select one: ‘A. the sum of the two population variances 8. the sum of the two population standard deviations C. the sum of the two sample sizes for each population D. the sum of the two means Question 13 Complete Marked out of 1.00 The results of a mathematics placement exam at two different campuses of Mercy College follow: Campus | Sample Size | Sample Mean_| Population Standard Deviation 1 330 33 8 2 310 31 7 Given that the two population standard deviations are known, what is the p-value? Select one: A 0.95 8. 10 c. 00 D. 0.05Question 14 Complete Marked out of 1.00, Arecent study focused on the amount of money single men and women save monthly. The information is summarized here. Assume that the population standard deviations are equal Sample Size | Sample Mean | Population Standard Devi Men’ 25 2B 5 omen 30 28 10 At the 0.01 significance level, what is the conclusion about the way women and men save? Select one: A. Fail to reject the null hypothesis, B, Reject the null hypothesis and conclude that women save more than men, C.. Reject the null hypothesis and conclude that women and men save the same amount, D. Fail to reject the null hypothesis and conclude the means are different. Question 15 Complete Marked out of 1.00 The net weights (in grams) of a sample of bottles filled by a machine manufactured by Edne, and the net weights of a sample filled by a similar machine manufactured by Orno, Inc., are shown here. fEdne 7 q J 7 lorne 1 71 g og Testing the claim at the 0.05 level that the mean weight of the bottles filled by the Orno machine is greater than the mean weight of the bottles filled by the Ede machine, what is the critical value? Assume equal standard deviations for both samples. Select one: A +1761 B. 42.145 © 42.179 D. +1.782Question 16 Complete Marked out of 1.00, Use the following table to determine whether or not there is a significant difference between the average hourly wages at two manufacturing companies. Manufacture 1 Manufacture 2 m=81 m= 64 $15.00 02 = $2.25 The p-value is___ Select one: A. 258 B. 0.0336 c. 0.036 D. 0.4664 Question 17 Complete Marked out of 1.00 A recent study focused on the amount of money single men and women save monthly. The information is summarized here. Assume that the population standard deviations are equal. Sample Size | Sample Mean | _ Population Standard Deviation Men 25 23 5 omen 30 28 10 At the 0.01 significance level, do women save more money than men? What is the critical value for this hypothesis test? Select one: A 233 8B. 46.213 42,40 D. 42.632Question 18 Complete Marked out of 1.00 A company is researching the effectiveness of a new website design to decrease the time to access a website. Five website users were randomly selected, and their times (in seconds) to access the website with the old and new designs were recorded. To compare the times, they computed new website design time ~ old website design time. The results are shown here. User Old Website Design New Website Design A 30 25 8 45, 30 c 25 20 D 32 30 E 28 27 What is the value of the test statistic? Select one: A 2487 8. 3787 c. 1.895 D. 2.256 Question 19 Complete Marked out of 1.00 Iftwo dependent samples of size 20 are used to test the difference between the means, the degrees of freedom for a t-statistic are 19. Select one: True FalseQuestion 20 ‘Complete Marked out of 1.00 When testing the difference between two population means, the sample variances are pooled to estimate the population variance when Select one: ‘A. the population variances are assumed equal but unknown 8. the population means are known the population variances are known and equal 9 the population variances are assumed unequal and unknown, << One-sample hypothesis test Jump to... Vv Quiz in class on Descriptive Statistics >