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The probability that house sales will increase in the next 6 months is
estimated to be 0.25. The probability that the interest rates on
housing loans will go up in the same period is estimated to be 0.74.
The probability that house sales or interest rates will go up during
the next 6 months is estimated to be 0.89. The probability that
house sales will increase but interest rates will not during the next 6
months is:
a. 0.065
b. 0.15
c. 0.51
d. 0.89
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The process of using sample statistics to draw conclusions about
true population parameters is called
a. statistical inference.
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Which of the following is not an element of descriptive statistical
problems?
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TABLE 2-6
A sample of 200 students at a Big-Ten university was taken after the midterm
to ask them whether they went bar hopping the weekend before the midterm or
spent the weekend studying, and whether they did well or poorly on the
midterm. The following table contains the result.
Did Well on Midterm
80
20
30
70
Referring to Table 2-6, of those who did well on the midterm in the sample,
_______ percent of them went bar hopping the weekend before the midterm.
a. 15
b. 27.27
c. 30
d. 50
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TABLE 2-5
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calls made within the continental United States reported by one long-distance
carrier.
Time (in Minutes)
Relative Frequency
0.37
0.22
0.15
0.10
0.07
0.07
30 or more
0.02
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b. 4
c. 5
d. 6
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7.0%
7.5%
8.0%
8.5%
>8.5%
Probability
0.12
0.23
0.24
0.35
0.06
If a bank is selected at random from this distribution, what is the chance that
the interest rate charged on a home loan will exceed 8.0%?
a. 0.06
b. 0.41
c. 0.59
d. 1.00
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TABLE 2-4
Leaves
24
03478999
0112345
12566
01
8
9
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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
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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.
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TABLE 2-5
Relative Frequency
0.37
0.22
0.15
0.10
0.07
0.07
30 or more
0.02
Referring to Table 2-5, if 10 calls lasted 30 minutes or more, how many calls
lasted less than 5 minutes?
a. 10
b. 185
c. 295
d. 500
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c. 0.667
d. 0.733
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The probability that house sales will increase in the next 6 months is
estimated to be 0.25. The probability that the interest rates on
housing loans will go up in the same period is estimated to be 0.74.
The probability that house sales or interest rates will go up during
the next 6 months is estimated to be 0.89. The probability that
neither house sales nor interest rates will increase during the next 6
months is:
a. 0.11
b. 0.195
c. 0.89
d. 0.90
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A confidence interval was used to estimate the proportion of
statistics students that are females. A random sample of 72
statistics students generated the following 90% confidence interval:
(0.438, 0.642). Based on the interval above, is the population
proportion of females equal to 0.60?
a. No, and we are 90% sure of it.
b. No. The proportion is 54.17%.
c. Maybe. 0.60 is a believable value of the population proportion
based on the information above.
d. Yes, and we are 90% sure of it.
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TABLE 2-6
A sample of 200 students at a Big-Ten university was taken after the midterm
to ask them whether they went bar hopping the weekend before the midterm or
spent the weekend studying, and whether they did well or poorly on the
midterm. The following table contains the result.
Did Well on Midterm
80
20
30
70
Referring to Table 2-6, _______ percent of the students in the sample went bar
hopping the weekend before the midterm and did well on the midterm.
a. 15
b. 27.27
c. 30
d. 50
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A lab orders 100 rats a week for each of the 52 weeks in the year for
experiments that the lab conducts. Suppose the mean cost of rats
used in lab experiments turned out to be $13.00 per week. Interpret
this value.
a. Most of the weeks resulted in rat costs of $13.00.
b. The median cost for the distribution of rat costs is $13.00.
c. The expected or average cost for all weekly rat purchases is
$13.00.
d. The rat cost that occurs more often than any other is $13.00.
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Which of the following is not true about the Students t distribution?
a. It has more area in the tails and less in the center than does the
normal distribution.
b. It is used to construct confidence intervals for the population
mean when the population standard deviation is known.
c. It is bell shaped and symmetrical.
d. As the number of degrees of freedom increases, the t
distribution approaches the normal distribution.
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If two events are mutually exclusive, what is the probability that one
or the other occurs?
a. 0.
b. 0.50.
c. 1.00.
d. Cannot be determined from the information given.
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Tim was planning for a meeting with his boss to discuss a raise in his
annual salary. In preparation, he wanted to use the Consumer Price
Index to determine the percentage increase in his salary in terms of
real income over the last three years. Which of the 4 methods of
data collection was involved when he used the Consumer Price
Index?
a. Published sources
b. Experimentation
c. Surveying
d. Observation
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b. 44%
c. 54%
d. 86%
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TABLE 2-5
Relative Frequency
0.37
0.22
0.15
0.10
0.07
0.07
30 or more
0.02
Referring to Table 2-5, if 100 calls were randomly sampled, how many calls
lasted 15 minutes or longer?
a. 10
b. 14
c. 26
d. 74
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Most analysts focus on the cost of tuition as the way to measure the
cost of a college education. But incidentals, such as textbook costs,
are rarely considered. A researcher at Drummand University wishes
to estimate the textbook costs of first-year students at Drummand.
To do so, she monitored the textbook cost of 250 first-year students
and found that their average textbook cost was $300 per semester.
Identify the sample in the study.
a. All Drummand University students.
b. All college students.
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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. The assistant provides the following interval estimate:
from 740 to 920 books per day. If the head librarian knows that the
population standard deviation is 150 books checked out per day, and
she asked her assistant to use 25 days of data to construct the
interval estimate, what confidence level can she attach to the
interval estimate?
a. 99.7%
b. 99.0%
c. 98.0%
d. 95.4%
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Which of the following is true regarding the sampling distribution of
the mean for a large sample size?
a. It has the same shape, mean, and standard deviation as the
population.
b. It has a normal distribution with the same mean and standard
deviation as the population.
c. It has the same shape and mean as the population, but has a
smaller standard deviation.
d. It has a normal distribution with the same mean as the
population but with a smaller standard deviation.
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A lab orders 100 rats a week for each of the 52 weeks in the year for
experiments that the lab conducts. Prices for 100 rats follow the
following distribution:
Price:
$10.00
$12.50
$15.00
Probability:
0.35
0.40
0.25
How much should the lab budget for next years rat orders be, assuming this
distribution does not change?
a. $520
b. $637
c. $650
d. $780
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According to a survey of American households, the probability that
the residents own 2 cars if annual household income is over $25,000
is 80%. Of the households surveyed, 60% had incomes over $25,000
and 70% had 2 cars. The probability that the residents of a
household do not own 2 cars and have an income over $25,000 a
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year is:
a. 0.12
b. 0.18
c. 0.22
d. 0.48
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e
The collection and summarization of the socioeconomic and physical
characteristics of the employees of a particular firm is an example of
a. inferential statistics.
b. descriptive statistics.
c. a parameter.
d. a statistic.
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In left-skewed distributions, which of the following is the correct
statement?
a. The distance from Q1 to Q2 is smaller than the distance from Q2
to Q3.
b. The distance from the smallest observation to Q1 is larger than
the distance from Q3 to the largest observation.
c. The distance from the smallest observation to Q2 is smaller than
the distance from Q2 to the largest observation.
d. The distance from Q1 to Q3 is twice the distance from Q1 to Q2.
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A survey claims that 9 out of 10 doctors recommend aspirin for their
patients with headaches. To test this claim against the alternative
that the actual proportion of doctors who recommend aspirin is less
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TABLE 13-2
Price
Sales
($)
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River
Falls
1.30 100
Hudson 1.60 90
Ellswort
1.80 90
h
Prescot
2.00 40
t
Rock
Elm
2.40 38
Stillwat
2.90 32
er
Referring to Table 13-2, what is the coefficient of correlation for these data?
a. -0.8854
b. -0.7839
c. 0.7839
d. 0.8854
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TABLE 14-5
ANOV d
SS
A
f
MS
Sig
nif
F
Regre
155797 778988 25. 0.0
2
ssion
77040 8520 432 001
Residu 2 704507 306307
al
3 2780
512
Total
2 226248
5 49820
Coeff
t
PStdErro
Sta valu
r
t
e
4.8 0.00
04 01
Referring to Table 14-5, what are the predicted sales (in millions of dollars) for
a company spending $100 million on capital and $100 million on wages?
a. 15,800.00
b. 16,520.07
c. 17,277.49
d. 20,455.98
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TABLE 11-1
Psychologists have found that people are generally reluctant to transmit bad
news to their peers. This phenomenon has been termed the M effect. To
investigate the cause of the M effect, 40 undergraduates at Duke University
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d
SS
f
MS
PR
>F
Subject
1380.2 1380. 4.2 0.0
visibilit 1
4
24
6
43
y
Test
1325.1 1325. 4.0 0.0
taker
1
6
16
9
50
success
Interact 3385.8 3385. 10. 0.0
1
ion
0
80
45 02
Error
3 11,664 324.0
6 .00
0
Total
3 17,755
9 .20
Referring to Table 11-1, in the context of this study, interpret the statement:
Subject visibility and test taker success interact.
a. The difference between the mean feedback time for visible and
nonvisible subjects depends on the success of the test taker.
b. The difference between the mean feedback time for test takers
scoring in the top 20% and bottom 20% depends on the visibility of
the subject.
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TABLE 13-1
A large national bank charges local companies for using their services. A bank
official reported the results of a regression analysis designed to predict the
banks charges (Y) measured in dollars per month for services rendered
to local companies. One independent variable used to predict service charge to
a company is the companys sales revenue (X) measured in millions of
dollars. Data for 21 companies who use the banks services were used to fit the
model:
E(Y) = 0 + 1X
The results of the simple linear regression are provided below.
Y = -2,700+20X, syx = 65, two-tailed p value = 0.034 (for testing 1)
Referring to Table 13-1, interpret the p value for testing whether 1 exceeds 0.
a. There is sufficient evidence (at the = 0.05) to conclude that
sales revenue (X) is a useful linear predictor of service charge (Y).
b. There is insufficient evidence (at the = 0.10) to conclude that
sales revenue (X) is a useful linear predictor of service charge (Y).
c. Sales revenue (X) is a poor predictor of service charge (Y).
d. For every $1 million increase in sales revenue, we expect a
service charge to increase $0.034.
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TABLE 14-1
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X1 X2
10
10 7
0
90 3
10
80 8
70 5
60 5
50 7
40 1
30 1
Referring to Table 14-1, for these data, what is the estimated coefficient for the
variable representing years an employee has been with the company, b1?
a. 0.998
b. 3.103
c. 4.698
d. 21.293
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The Journal of Business Venturing reported on the activities of
entrepreneurs during the organization creation process. As part of a
designed study, a total of 71 entrepreneurs were interviewed and
divided into 3 groups: those that were successful in founding a new
firm (n1 = 34), those still actively trying to establish a firm (n2 = 21),
and those who tried to start a new firm but eventually gave up (n3 =
16). The total number of activities undertaken (e.g., developed a
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TABLE 15-4
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5
R Square
0.97
0
Standard
Error
9.5
Observatio
20
ns
ANOVA
df SS
MS
Signif
F
Regressi
2832
62. 0.000
5
5664
on
4
2 1
Residual 14 1279 91
Total
19
2906
3
t
Coe StdErr
PSta
ff
or
value
t
Intercept
35.7
32.1
0.383
0.9
4
0
Size
12.2 5.9
2.0 0.059
5 4
Cove
104. 53.5
3
0.071
1.9
5
5
1.9 0.066
9 1
SizeSq
0.220
1.2
4
8
-0.3 0.2
SizeSq*Co
-0.3 0.3
ve
0.274
1.1
9
3
Referring to Table 15-4, given a quadratic relationship between sale price (Y)
and property size (X1), what test should be used to test whether the curves
differ from cove and non-cove properties?
a. F test for the entire regression model.
b. t test on each of the coefficients in the entire regression model.
c. Partial F test on the subset of the appropriate coefficients.
d. t test on each of the subsets of the appropriate coefficients.
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TABLE 10-2
Mean
Std Dev
Females
18
48,266.7
13,577.63
Males
12
55,000
11,741.29
Referring to Table 10-2, the researcher was attempting to show statistically that
the female MBA graduates have a significantly lower mean starting salary than
the male MBA graduates. According to the test run, which of the following is
an appropriate alternative hypothesis?
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TABLE 10-3
The use of preservatives by food processors has become a
controversial issue. Suppose 2 preservatives are extensively tested
and determined safe for use in meats. A processor wants to compare
the preservatives for their effects on retarding spoilage. Suppose 15
cuts of fresh meat are treated with preservative A and 15 are treated
with preservative B, and the number of hours until spoilage begins is
recorded for each of the 30 cuts of meat. The results are
summarized in the table below.
Referring to Table 10-3, what assumptions are necessary for a
comparison of the population variances to be valid?
a. Both sampled populations are normally distributed.
b. Both samples are random and independent.
c. Neither (a) nor (b) is necessary.
d. Both (a) and (b) are necessary.
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In testing for the differences between the means of 2 independent
populations where the variances in each population are unknown but
assumed equal, the degrees of freedom are
a. n 1.
b. n1 + n2 1.
c. n1 + n2 2.
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d. n 2.
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TABLE 12-1
Non-Hispanic
31
148
283
330
Referring to Table 12-1, which test would be used to properly analyze the data
in this experiment?
a. test for independence in a two-way contingency table.
b. test for equal proportions in a one-way table.
c. ANOVA F test for interaction in a 2 x 2 factorial design.
d. test for a 2 x 2 factorial design.
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If the p value is less than in a two-tailed test,
a. the null hypothesis should not be rejected.
b. the null hypothesis should be rejected.
c. a one-tailed test should be used.
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TABLE 14-1
X1 X2
10
10 7
0
90 3
10
80 8
70 5
60 5
50 7
40 1
30 1
Referring to Table 14-1, for these data, what is the estimated coefficient for the
variable representing scores on the aptitude test, b2?
a. 0.998
b. 3.103
c. 4.698
d. 21.293
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e
TABLE 10-9
A buyer for a manufacturing plant suspects that his primary supplier of raw
materials is overcharging. In order to determine if his suspicion is correct, he
contacts a second supplier and asks for the prices on various materials. He
wants to compare these prices with those of his primary supplier. The data
collected is presented in the table below, with some summary statistics
presented (all of these might not be necessary to answer the questions which
follow). The buyer believes that the differences are normally distributed and
will use this sample to perform an appropriate test at a level of significance of
0.01.
Material
Primary
Supplier
Secondary
Supplier
Difference
$55
$45
$10
$48
$47
$1
$31
$32
-$1
$83
$77
$6
$37
$37
$0
$55
$54
$1
Sum:
$309
$292
$17
Sum of Squares:
$17,573
$15,472
$139
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TABLE 10-4
A real estate company is interested in testing whether, on average,
families in Gotham have been living in their current homes for less
time than families in Metropolis have. A random sample of 100
families from Gotham and a random sample of 150 families in
Metropolis yield the following data on length of residence in current
homes.
Referring to Table 10-4, what is the standardized value of the
estimate of the mean of the sampling distribution of the difference
between sample means?
a. -8.75
b. -3.75
c. -2.33
d. -1.96
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The owner of a local nightclub has recently surveyed a random
sample of n = 250 customers of the club. She would now like to
determine whether or not the mean age of her customers is over 30.
If so, she plans to alter the entertainment to appeal to an older
crowd. If not, no entertainment changes will be made. If she wants
to be 99% confident in her decision, what rejection region should
she use?
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Wall Signs
Map
Interior
Exterior
141
224
119
339
238
139
85
226
94
129
126
130
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TABLE 12-4
A few years ago, Pepsi invited consumers to take the Pepsi
Challenge. Consumers were asked to decide which of two sodas,
Coke or Pepsi, they preferred in a blind taste test. Pepsi was
interested in determining what factors played a role in peoples taste
preferences. One of the factors studied was the gender of the
consumer. Below are the results of analyses comparing the taste
preferences of men and women with the proportions depicting
preference for Pepsi.
Referring to Table 12-4, suppose that the two-tailed p value was
0.0734. State the proper conclusion.
a. At = 0.05, there is sufficient evidence to indicate the
proportion of males preferring Pepsi differs from the proportion of
females preferring Pepsi.
b. At = 0.10, there is sufficient evidence to indicate the
proportion of males preferring Pepsi differs from the proportion of
females preferring Pepsi.
c. At = 0.05, there is sufficient evidence to indicate the
proportion of males preferring Pepsi equals the proportion of
females preferring Pepsi.
d. At = 0.08, there is insufficient evidence to indicate the
proportion of males preferring Pepsi differs from the proportion of
females preferring Pepsi.
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If a test of hypothesis has a Type I error probability () of 0.01, we
mean
a. if the null hypothesis is true, we dont reject it 1% of the time.
b. if the null hypothesis is true, we reject it 1% of the time.
c. if the null hypothesis is false, we dont reject it 1% of the time.
d. if the null hypothesis is false, we reject it 1% of the time.
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TABLE 10-2
Mean
Std Dev
Females
18
48,266.7
13,577.63
Males
12
55,000
11,741.29
Referring to Table 10-2, the researcher was attempting to show statistically that
the female MBA graduates have a significantly lower mean starting salary than
the male MBA graduates. From the analysis in Table 10-2, the correct test
statistic is:
a. 4,634.72
b. -1.4221
c. -1.4528
d. -6,733.33
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If we wish to determine whether there is evidence that the
proportion of successes is higher in group 1 than in group 2, the
appropriate test to use is
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a. the Z test.
b. the chi-squared test.
c. Both of the above.
d. None of the above.
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TABLE 11-4
A campus researcher wanted to investigate the factors that affect visitor travel
time in a complex, multilevel building on campus. Specifically, he wanted to
determine whether different building signs (building maps versus wall signage)
affect the total amount of time visitors require to reach their destination and
whether that time depends on whether the starting location is inside or outside
the building. Three subjects were assigned to each of the combinations of signs
and starting locations, and travel time in seconds from beginning to destination
was recorded. An Excel output of the appropriate analysis is given below:
ANOVA
Source
of
SS
Variati
on
Signs
14008
.33
d
MS
f
PF crit
value
Startin
g
12288
Locatio
n
2.784
395
0.133 5.317
74
645
Interac
48
tion
48
0.919 5.317
506 645
Within
35305
.33
4413.
167
Total
61649 1
.67
1
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TABLE 12-13
Parents complain that children read too few storybooks and watch too ch
television nowadays. A survey of 1,000 children reveals the following
information on average time spent watching TV and average time spent
reading storybooks
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Average time
spent reading
storybooks
Average
Less
time
than
spent
1
watching
hour
TV
Betwe
en
1 and
2
hours
More
than
2
hours
Less than
90
2 hours
85
130
More than
655 32
2 hours
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TABLE 10-2
Mean
Std Dev
Females
18
48,266.7
13,577.63
Males
12
55,000
11,741.29
Referring to Table 10-2, the researcher was attempting to show statistically that
the female MBA graduates have a significantly lower mean starting salary than
the male MBA graduates. What assumptions were necessary to conduct this
hypothesis test?
a. Both populations of salaries (male and female) must have
approximate normal distributions.
b. The population variances are approximately equal.
c. The samples were randomly and independently selected.
d. All of the above assumptions were necessary.
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2 points
on 32
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e
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2 points
on 33
TABLE 14-3
Sav
e
0.99
1
R Square
0.98
2
Adjusted R 0.97
Square
6
Standard
Error
0.29
9
Observatio
10
ns
ANOVA
d
SS
f
MS
Signi
fF
34.04
40
Coeff
StdErr
Pt Stat
or
value
Interce
0.567 0.883
0.086
pt
4
0.152 7
1
GDP
Price
0.002 0.833
0.000
8
0.219 0
6
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2 points
on 34
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e
Questi
2 points
on 35
TABLE 13-7
Sav
e
Pvalue
Questi
2 points
on 36
Why would you use the Tukey-Kramer procedure?
a. To test for normality.
b. To test for homogeneity of variance.
Sav
e
Questi
2 points
on 37
Sav
e
TABLE 12-6
Defec
Avera
t
9
ge
Rate
Low
19
23
10
Referring to Table 12-6, find the rejection region necessary for testing at the
0.05 level of significance whether there is a relationship between defect rate
and years of experience.
a. Reject H0 if > 16.919
b. Reject H0 if > 15.507
c. Reject H0 if > 11.143
d. Reject H0 if > 9.488
Questi 2 points
Sav
on 38
e
TABLE 12-5
The following EXCEL output contains the results of a test to determine if the
proportions of satisfied guests at two resorts are the same or different.
Hypothesized Difference
0
Level of Significance
0.05
Group 1
Number of Successes
163
Sample Size
227
Group 2
Number of Successes
154
Sample Size
262
Group 1 Proportion
0.718061674
Group 2 Proportion
0.58778626
Difference in Two Proportions 0.130275414
Average Proportion
0.648261759
Test Statistic
3.00875353
Two-Tailed Test
Lower Critical Value
-1.959961082
Upper Critical Value
1.959961082
p-Value
0.002623357
Referring to Table 12-5, if you want to test the claim that Resort 1 (Group 1)
has a higher proportion of satisfied guests compared to Resort 2 (Group 2),
the p-value of the test will be
a. 0.00262
b. 0.00262/2
c. 2*(0.00262)
d. 1 (0.00262/2)
Questi
2 points
on 39
Sav
e
TABLE 15-5
9.965
9
R Square
0.933
1
Adjusted R 0.929
Square
4
Standard
Error
0.032
7
Observatio
58
ns
ANOVA
d
SS
f
MS
Signif
F
5 0.86
7 75
Coeff
StdErr
Pt Stat
or
value
0.003
0.189
0.00
1.327
4
8
45
5
X2
0.012
5.358
0.23
19.39
3
1E-26
92
42
X3
0.012
0.982
0.00
0.021
3
9
02
4
Referring to Table 15-5, if one is already outside of downtown and off campus
but decides to park an additional 3 blocks from the quadrangle, the estimated
average parking meter rate will
a. decrease by 0.0045.
b. decrease by 0.0135.
c. decrease by 0.0139.
d. decrease by 0.4979.
Questi 2 points
Sav
on 40
e
TABLE 14-4
A real estate builder wishes to determine how house size (House) is influenced
by family income (Income), family size (Size), and education of the head of
household (School). House size is measured in hundreds of square feet, income
is measured in thousands of dollars, and education is in years. The builder
randomly selected 50 families and ran the ltiple regression. Microsoft Excel
output is provided below:
SUMMARY OUTPUT
Regression
Statistics
Multiple R
0.86
5
R Square
0.74
8
Adjusted R 0.72
Square
6
Standard
Error
5.19
5
Observatio
50
ns
ANOVA
d
SS
f
MS
Regressi
on
3605.77 901.44
36
34
Residual
1214.22 26.982
64
8
Total
4 4820.00
9 00
Signi
fF
0.00
01
Coeff
StdErr
Pt Stat
or
value
Interce
5.807 0.779
1.633
pt
8
0.281 8
5
Income
Size
4.261 0.806
0.000
5.286
5
2
1
0.431 0.138
School 0.651
9
1.509 3
7
Referring to Table 14-4, one individual in the sample had an annual income of
$10,000, a family size of 1, and an education of 8 years. This individual owned
a home with an area of 1,000 square feet (House = 10.00). What is the residual
(in hundreds of square feet) for this data point?
a. 8.10
b. 5.40
c. -5.40
d. -8.10
Questi
2 points
on 41
The sample correlation coefficient between X and Y is 0.375. It has
been found out that the p-value is 0.256 when testing H0: = 0
against the two-sided alternative H1: 0. To test H0: = 0 against
the one-sided alternative H1: > 0 at a significance level of 0.193,
the p-value is
a. 0.256/2
b. 0.256
c. 1 0.256
Sav
e
d. 1 0.256/2
Questi
2 points
on 42
Sav
e
TABLE 15-5
9.965
9
R Square
0.933
1
Adjusted R 0.929
Square
4
Standard
0.032
Error
Observatio
58
ns
ANOVA
d
SS
f
MS
Signif
F
5 0.86
7 75
Coeff
StdErr
Pt Stat
or
value
0.003
0.189
0.00
1.327
4
8
45
5
X2
0.012
5.358
0.23
19.39
3
1E-26
92
42
X3
0.012
0.982
0.00
0.021
3
9
02
4
Referring to Table 15-5, predict the meter rate per hour if one parks outside of
downtown and off campus, 3 blocks from the quad.
a. $-0.0139
b. $0.2589
c. $0.2604
d. $0.4981
Questi
2 points
on 43
Sav
e
Questi
2 points
on 44
Sav
e
TABLE 11-3
df
Neighborhoods
Error
Total
SS
MS
PR > F
2.97
0.990
8.31
0.0260
12
4.40
a. 0.119
b. 0.990
c. 1.109
d. 8.31
Questi
2 points
on 45
TABLE 12-5
The following EXCEL output contains the results of a test to determine if the
proportions of satisfied guests at two resorts are the same or different.
Hypothesized Difference
0
Level of Significance
0.05
Group 1
Number of Successes
163
Sample Size
227
Group 2
Number of Successes
154
Sample Size
262
Group 1 Proportion
0.718061674
Group 2 Proportion
0.58778626
Difference in Two Proportions 0.130275414
Average Proportion
0.648261759
Test Statistic
3.00875353
Two-Tailed Test
Lower Critical Value
-1.959961082
Upper Critical Value
1.959961082
p-Value
0.002623357
Referring to Table 12-5, if you want to test the claim that Resort 1 (Group 1)
has a lower proportion of satisfied guests compared to Resort 2 (Group 2),
you will use
a. a t-test for the difference in two proportions.
b. a z-test for the difference in two proportions.
Sav
e
Questi
2 points
on 46
Sav
e
Questi
2 points
on 47
Sav
e
TABLE 10-5
530
670
690
770
910
1,000
700
710
450
550
820
870
820
770
630
610
Referring to Table 10-5, at the 0.05 level of significance, the conclusion for this
hypothesis test would be:
a. the business school preparation course does improve exam
score.
b. the business school preparation course does not improve exam
score.
c. the business school preparation course has no impact on exam
score.
d. It cannot be drawn from the information given.
Questi
2 points
on 48
Sav
e
Questi
2 points
on 49
TABLE 14-5
Sav
e
SUMMARY OUTPUT
Regression
Statistics
Multiple
0.830
R
R Square 0.689
Adjusted
0.662
R Square
Standard 17501.
Error
643
Observat
26
ions
ANOV d
SS
A
f
MS
Sig
nif
F
Regre
155797 778988 25. 0.0
2
ssion
77040 8520 432 001
Residu 2 704507 306307
al
3 2780
512
Total
2 226248
5 49820
Coeff
t
PStdErro
Sta valu
r
t
e
04 01
Referring to Table 14-5, which of the following values for is the smallest for
which the regression model as a whole is significant?
a. 0.00005
b. 0.001
c. 0.01
d. 0.05
Questi
2 points
on 50
Sav
e
TABLE 12-3
1 2
4 5
Number of
10
9 10
Transactio 82
74
0
2 2
ns:
Number of
Reported 11 12 6
Errors
9 10
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