1.

A stock analyst compares the relationship between stock prices and earnings
per share to help him select a stock for investment. What type of the
description is?

A. Observation study
B. Experiment
C. Retrospective study

2. A basketball player has made 70% of his foul shots during the season. If he
shoots 3 foul shots in tonight's game, what is the probability that he makes all
of the shots?

A. 0.09
B. 0.213
C. 0.098
D. 0.343
E. None

3. Which distribution will we use when testing hypotheses about the stop and
intercept of the regression model?

A. 1-distribution with degree of freedom n-2

B. 1-distribution with degree of freedom n-1
C. Chi-square distribution with degree of freedom n-1
D. Chi-square distribution with degree of freedom n-2
E. None

4. A CD has 12 tracks on it and these are to be played in random order. Suppose

that you have time to listen to only 5 tracks before you go out. What is the
probability that the 5 played will be the first 5 in order on the box?

A. 5/12
B. 1/95040
C. 1/792
D. 1/3991680
E. None

5. One year, professional sports players salaries averaged $ 1.5 million with a
standard deviation of $ 0.7 million. Suppose a sample of 100 major league
players was taken. Find the approximate probability that the average salary of
the 100 players exceeded $1.1 million.
u
Let P(Z < -0.72) = 0.2358, P(Z < 0.63) = 0.7357, P(Z < 5.7) is approximately 1,
P(Z < -5.7) is approximately 0.

A. approximately 0
B. 0.7357
C. Approximately 1
D. 0.2357
E. None

6. The amount of corn chips dispensed into a 20-ounce bag by the dispensing
machine has been identified as possessing a normal distribution with a mean
of 20.5 ounces and a standard deviation of 0.2 ounce. Suppose 100 bags of
chips were randomly selected from this dispensing machine. Find the
probability that sample mean weight of these 100 bags exceeded 20.6 ounces

Let P(Z < -0.87) = 0.1922, P(Z < -0.5) = 0.3085, P(Z < 0.5) =. .6915 and P(Z < 5)
= 1.
A. Approximately 0
B. 0.1922
C. 0.3085
D. 0.6915

7. The random variable X has a binomial dinomel distribution with n = 100

And p = 0.3 . Use the normal approximation for binomial distribution to find
P(X<=3)
Let P(Z<0.5) = 0.6915 P(Z < 0.33)=0.6293, P(z<1) = 0.8413, P(Z<15)=0.9332
A 0.6293
B 0.6915
C 0.8413
D 0.9332
E None of the other choice is correct
8.At a California college, 22% of students speak spanish, 5% speak
french, and 3% speak both spanish and french. What is the probability
that a student chosen at random from the college speaks Spanish but
not French?
A 0.19 B 0.17 C All the other choices are correct
D 0.02 E0.24

9. A random sample of 10 parking meters in a beach community

showed the following incomes for a day.
3.60 4.50 2.80 6.30 2.60 5.20 6.75 4.25 8.00 3.00
A simple computation yields a sample mean of 4.7 and
standard
deviation of 1.8. Assume the incomes are normally
distributed.
Find a 95% confidence interval for the true mean.

Let
Z_0.05 = 1.65, Z_0.025 = 1.96
T_0.05,9 = 1.83, T_0.025,9 = 2.26

A (2.11,5.34)
B (1.35, 2.85)
C (3.41, 5.99)
D None of the other choices are is correct
E(4.81, 6.31)

10. Compute the test statistic used to test the null hypothesis that p1 = p2.

A report on the nightly news broadcast stated that 13 out of 111 househokls with
pet dogs were burglarized and 23 out of 190 without pet dogs were burglarized.

A. 0.000
B. None of the other choices is correct
C. -0.041
D. -0.173
E. -0.102

11. A company has just brought out an annual repỏt in which the capital
investment and profits were given for the past few years.

Capital investment,x 10 12 18 25
Profits,y 15 14 23 38

Assume that an unbiased estimator for variance of the error is 8.34.

Find an estimated standard error for slope of regression line.

A. 0.03
B. 0.002
C. None of them
D. 0.25
E. 0.12
F. 2.89
12. An event is _______
A. A collection of outcomes
B. The list of all possible outcomes from an experiment
C. Similar to an expenmet but not controlled by the decision maker
D. More frequently found in bussiness than in other disciplines