Accepted characters:
Senior management of a consulting services firm is concerned about a growing decline in the firm’s weekly number of billable hours. The firm expects each professional employee to spend at least 40 hours per week on work. In an effort to understand this problem better, management would like to estimate the standard deviation of the number of hours their employees spend on work-related activities in a typical week. Rather than reviewing the records of all the firm’s full- time employees, the management randomly selected a sample of size 51 from the available frame. The sample mean and sample standard deviations were 48.5 and 7.5 hours, respectively.
Construct a 90% confidence interval for the standard deviation of the number of hours this firm’s employees spend on work-related activities in a typical week.
Place your LOWER limit, in hours, rounded to 1 decimal place, in the first blank. For example,
6.7 would be a legitimate entry.
5.9
Place your UPPER limit, in hours, rounded to 1 decimal place, in the second blank. For
example, 12.3 would be a legitimate entry.
10.1
Answer Key: 6.4|6.6, 8.9|9.1
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The personnel department of a large corporation wants to estimate the family dental expenses of its employees to determine the feasibility of providing a dental insurance plan. A random sample of 12 employees reveals the following family dental expenses (in dollars): 115, 370, 250, 593, 540, 225, 177, 425, 318, 182, 275, and 228.
Construct a 99% confidence interval estimate for the standard deviation of family dental expenses for all employees of this corporation.
Place your LOWER limit, in dollars rounded to 1 decimal place, in the first blank. Do not use a dollar sign, a comma, or any other stray mark. For example, 98.4 would be a legitimate entry.
94.8
Place your UPPER limit, in dollars rounded to 1 decimal place, in the second blank. Do not use a dollar sign, a comma, or any other stray mark. For example, 567.8 would be a legitimate entry.
304.1
Answer Key: 94.7|94.9, 304.0|304.2
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After calculating the sample size needed to estimate a population proportion to within 0.05, you have been told that the maximum allowable error (E) must be reduced to just 0.025. If the
original calculation led to a sample size of 1000, the sample size will now have to be
4000 .
Place your answer, as a whole number in the blank. For example, 2345 would be a legitimate
entry.
Answer Key: 4000
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^{0}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
A sample of 9 production managers with over 15 years of experience has an average salary of $71,000 and a sample standard deviation of $18,000.
Assuming that the salaries of production managers with over 15 years experience are normally distributed, you can be 95% confident that the mean salary for all production managers with at least 15 years of experience is between what two numbers.
Place your LOWER limit, rounded to a whole number, in the first blank. Do not use a dollar sign, a comma, or any other stray mark. For example, 54321 would be a legitimate entry. 59240 . Place your UPPER limit, rounded to a whole number, in the second blank. Do not use a dollar sign, a comma, or any other stray mark. For example, 65432 would be a legitimate entry. 82760
Answer Key: 57164, 84836
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^{1}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
The personnel department of a large corporation wants to estimate the family dental expenses of its employees to determine the feasibility of providing a dental insurance plan. A random sample of 12 employees reveals the following family dental expenses (in dollars): 115, 370, 250, 593, 540, 225, 177, 425, 318, 182, 275, and 228.
Construct a 90% confidence interval estimate for the standard deviation of family dental expenses for all employees of this corporation.
Place your LOWER limit, in dollars rounded to 1 decimal place, in the first blank. Do not use a dollar sign, a comma, or any other stray mark. For example, 123.4 would be a legitimate entry. 110.6
Place your UPPER limit, in dollars rounded to 1 decimal place, in the second blank. Do not use
a dollar sign, a comma, or any other stray mark. For example, 567.8 would be a legitimate entry.
229.4
Answer Key: 110.5|110.7, 229.2|229.6
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^{1}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
You are told that a random sample of 150 people from Iowa has been given cholesterol tests, and 60 of these people had levels over the “safe” count of 200. Construct a 95% confidence interval for the population proportion of people in Iowa with cholesterol levels over 200. Place your
LOWER limit, rounded to 3 decimal places, in the first blank
0.322 . For example, .678
would be a legitimate entry. Place your UPPER limit, rounded to 3 decimal places, in the
second blank
0.478 . For example, .789 would be a legitimate entry.
Answer Key: .312|.332, .468|.488
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^{1}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
A survey of 85 families showed that 36 owned at least one DVD player. Find the 99% confidence interval estimate of the true proportion of families who own at least one DVD
player. Place your limits, rounded to 3 decimal places, in the blanks. Place the lower limit in
the first blank
0.286 and the upper limit in the second blank
0.562 When entering your
answer do not use any labels or symbols other than the decimal point. Simply provide the numerical values. For example, 0.123 would be a legitimate entry.
Answer Key: 0.275|0.295, 0.552|0.572
^{1}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
From a sample of 500 items, 30 were found to be defective. The point estimate of the population proportion defective will be:
C
..
06
Answer Key: C
^{1}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
Which of the following will make a confidence interval narrower and more precise?
D.Larger sample size and lower confidence level
Compute
^{1}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
where t _{1}_{5} has a t-distribution with 15 degrees of freedom.
^{1}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
In order to be accepted into a top university, applicants must score within the top 5% on the SAT exam. Given that SAT test scores are normally distributed with a mean of 1000 and a standard deviation of 200, what is the lowest possible score a student needs to qualify for acceptance into the university?
A.1330
^{0}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
where t _{2}_{0} has a t-distribution with 20 degrees of freedom.
C.0.1767
Answer Key: C
^{1}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
A researcher wishes to know, with 98% confidence, the percentage of women who wear shoes that are too small for their feet. A previous study conducted by the Academy of Orthopedic Surgeons found that 80% of women wear shoes that are too small for their feet. If the researcher wants her estimate to be within 3% of the true proportion, how large a sample is necessary?
A.966
Answer Key: A
^{1}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
At a large department store, the average number of years of employment for a cashier is 5.7 with a standard deviation of 1.8 years. If the number of years of employment at this department store is normally distributed, what is the probability that a cashier selected at random has worked at the store for over 10 years?
C.0.0084
^{1}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
If you are constructing a confidence interval for a single mean, the confidence interval
will ___________
with an increase in the sample size.
C.decrease
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In a study of elephants a researcher wishes to determine the average weight of a certain subspecies of elephants. From previous studies, the standard deviation of the weights of elephants in this subspecies is known to be 1500 pounds. How many elephants does the researcher need to weigh so that he can be 80% confident that the average weight of elephants in his sample is within 350 pounds of the true average weight for this subspecies?
C.31
^{1}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
The 95% confidence interval for the population mean
the population standard deviation
= 7, is
, given that the sample size n = 49 and
T
r u e
^{1}^{.}^{0}^{/} ^{1}^{.}^{0} ^{P}^{o}^{i}^{n}^{t}^{s}
A 90% confidence interval estimate for a population mean is determined to be 72.8 to 79.6. If the confidence level is reduced to 80%, the confidence interval becomes narrower.
True