QNT 561 Final

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QNT 561 Final Exam10.A random sample of size 15 is
selected from a normal population.
The population standard deviation
is unknown. Assume the null
hypothesis indicates a two-tailed
test and the researcher decided to
use the 0.10 significance level. For

what values of t will the null

hypothesis not be rejected?
To the left of -1.645 or to the right of
1.645
To the left of -1.345 or to the right of
1.345
Between -1.761 and 1.761
To the left of -1.282 or to the right of
1.282

2. Which of the following is a

characteristic of the F distribution?
Normally distributed
Negatively skewed
Equal to the t-distribution
Positively skewed

3. For a chi-square test involving a

contingency table, suppose the null
hypothesis is rejected. We conclude that
the two variables are __________.
Related
curvilinear
linear
not related

4. A sales manager for an advertising

agency believes that there is a
relationship between the number of
contacts that a salesperson makes and
the amount of sales dollars earned.
What is the dependent variable?
Sales managers
amount of sales dollars
salesperson
number of contacts

5. Which of the following is most

appropriately displayed with a frequency
table?
What percentage of people prefer Hunts
brand ketchup
The home location of the most valuable
customers
How much explanatory value comes from
the studys variables
The relationship between gender and job
performance

6. The manager of Pauls fruit and

vegetable store is considering the
purchase of a new seedless watermelon
from a wholesale distributor. Since this
seedless watermelon costs $4, will sell
for $7, and is highly perishable, he only
expects to sell between six and nine of

them. What is the opportunity loss for

purchasing nine watermelons when the
demand is for seven watermelons?
8
4
12
0

7. A firm offers routine physical

examinations as part of a health service
program for its employees. The exams
showed that 8% of the employees
needed corrective shoes, 15% needed
major dental work, and 3% needed both
corrective shoes and major dental work.
What is the probability that an employee
selected at random will need either
corrective shoes or major dental work?
.25

1.00
.50
.20

8. When data is collected using a

qualitative, nominal variable, what is
true about a frequency distribution that
summarizes the data?
The upper and lower class limits must be
calculated.
The number of classes is equal to the
number of variables plus 2.
The 5 to the k rule can be applied.
A pie chart can be used to summarize
the data.

9. If an ANOVA test is conducted and the

null hypothesis is rejected, what does
this indicate?

The p-value is less than a.

All population means are different.
At least one pair of population means is
different.
The population means are equal.

10. A random sample of 20 items is

selected from a population. When
computing a confidence interval for the
population mean, what number of
degrees of freedom should be used to
determine the appropriate t-value?
25
21
19
20

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