EXERCISE PRIOD MID TERM

BASIC ECONOMETRIC
No 1.

PT. Tazkia Agro stated that the average weight of the Mango fruit produced
was 1500 grams with a standard deviation of 100 grams. If it is known that
the weight of the Mango fruit produced is following the normal distribution:
a. What is the probability that randomly selected Mango fruit will weigh
between 1400 to 1900 grams?
b. What is the probability that the weight of the Mango fruit reaches less
than 1200 grams so that consumers will complain?
c. To develop its business, PT. Tazkia Agro plans to create a new quality
class for Mango fruit which is the quality of "Super Mango Fruit". This
quality is 10% of the best quality Mango fruit. What is the minimum
weight of Mango fruit to be categorized into the "Super Mango Fruit"
quality class? 
No. 2

A random sample of 60 people employed by the Bogor City

authority established they earned an average wage (including
benefits) of 5,5 million rupiah per month. The sample standard
deviation was 0,85 million rupiah per month.
a.Develop a 95 percent confidence interval for the population
mean wage (including benefits) for these employees.
b.How large a sample is needed to assess the population mean
with an allowable error of $1.00 at 95 percent confidence?
 
No. 3

The research department at Tazkia University conducts ongoing

research on the causes of automobile accidents, the
characteristics of the drivers, and so on.
A random sample of 500 policies written on single persons
revealed 150 had at least one accident in the previous three-year
period.
Similarly, a sample of 900 policies written on married persons
revealed that 200 had been in at least one accident.
At the 0.01 significance level, is there a significant difference in
the proportions of single and married persons having an accident
during a three-year period?
No. 4

The Edison Electric Institute has published figures on the number of

kilowatt hours used annually by various home appliances. It is claimed
that a vacuum cleaner uses an average, less than from 50 kilowatt hours
per year.
If a random sample of 15 homes included in a planned study indicates
that vacuum cleaners use an average of 45 kilowatt hours per year with a
standard deviation of 12 kilowatt hours, does this suggest at the 0.05 level
of significance that vacuum cleaners use, on average, less than 50
kilowatt hours annually?
Assume the population of kilowatt hours to be normal.
No 5
Please answer the following question
a)What is the definition of Statistic inferential and please provide
example
b)What is the definition of Statistic descriptive and please provide
example
c) What is the meaning of proportion
d)What is the different between Population and sample
e)Hypothesis testing
f) What is the difference between normal distribution and standard
normal distribution
g)What is the difference between null hypothesis and alternative
hypothesis
h)What is the meaning of confidence interval
No 6
If birth weights in a population are normally distributed with a
mean of 109 oz and a standard deviation of 13 oz,
a) What is the chance of obtaining a birth weight of 141 oz or
heavier when sampling birth records at random?
b) What is the chance of obtaining a birth weight of 120 or
lighter?
c) What is the chance of obtaining a birth weight between 98
and 124?
No 7
A vote is to be taken among the residents of PT. Tazkia Real Estate in Bogor -
West Java and the surrounding county to determine whether a proposed
chemical plant should be constructed.
The construction site is within the town limits, and for this reason many
voters in the county believe that the proposal will pass because of the large
proportion of town voters who favor the construction. To determine if there
is a significant difference in the proportions of town voters and county
voters favoring the proposal, a poll is taken.
If 100 of 200 town voters favor the proposal and 300 of 500 county residents
favor it, would you agree that the proportion of town voters favoring the
proposal is higher than the proportion of county voters? Use an α = 0.05
level of significance.