Beruflich Dokumente
Kultur Dokumente
MULTIPLE CHOICE
1. ANS: B PTS: 1
2. ANS: A PTS: 1
3. ANS: B PTS: 1
4. ANS: C PTS: 1
5. ANS: C PTS: 1
6. ANS: D PTS: 1
7. ANS: C PTS: 1
8. ANS: B PTS: 1
9. ANS: D PTS: 1
10. ANS: D PTS: 1
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12. ANS: C PTS: 1
13. ANS: A PTS: 1
14. ANS: C PTS: 1
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18. ANS: B PTS: 1
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20. ANS: B PTS: 1
21. ANS: B PTS: 1
22. ANS: A PTS: 1
23. ANS: B PTS: 1
24. ANS: C PTS: 1
25. ANS: D PTS: 1
26. ANS: B PTS: 1
27. ANS: C PTS: 1
28. ANS: D PTS: 1
29. ANS: B PTS: 1
30. ANS: D PTS: 1
31. ANS: B PTS: 1
32. ANS: B PTS: 1
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34. ANS: C PTS: 1
35. ANS: B PTS: 1
36. ANS: D PTS: 1
37. ANS: A PTS: 1
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40. ANS: D PTS: 1
Short Answer
Question 1
a. Thirty-two percent of the students in a management class are graduate students. A random sample of 5 students is
selected. Using the binomial probability function, determine the probability that the sample contains exactly 2 graduate
students?
b. Using the same values as in (a) find the probability that 1 or less students in the sample are graduate students.
Answer:
n
Recall that for each we use P( X = x) = ( x ) px (1-p)(n-x)
a. let p = 0.32 and n = 5
5
then P( X = 2) = ( 2 ) 0.322 (1-0.32)(5-2) ≈ 0.322
c. Finally we want
i - mean – E(x) = = n*p = 5 (0.32) = 1.60
Question 2:
a. When a particular machine is functioning properly, 80% of the items produced are non-defective. If three items are
examined, what is the probability that one is defective? Use the binomial probability function to answer this question.
c. What is the probability that if you examine 3 items P(X ≥ 2)? Ie at least 2 are defective.
Answer
a. Now we have n = 2 with p = 0.80
3
P( X = 1) = ( 1 ) 0.801 (1-0.80)(3-1) = 0.384
b. we want
i - mean – E(x) = = n*p = 3 (0.80) = 2.40
P(X ≥ 2) = P(X = 2) + P (X = 3)
3
= ( 32 ) 0.802 (1-0.80)(3-2) + ( 3 ) 0.803 (1-0.80)(3-3) ≈ 0.896
Questions 3
A random sample of 100 credit sales in a department store showed an average sale of $120.00. From past data, it is
known that the standard deviation of the population is $40.00.
a. Determine the standard error of the mean.
b. With a 0.95 probability, determine the margin of error.
c. What is the 95% confidence interval of the population mean?
Answer:
_
a.Recall that σ x = σ / n = 40 / 10 = 4
_
b.Recall that the Margin of Error = Z α/2* σ x = 1.96*4 = 7.84
_
Questions 4:
In order to determine the average weight of carry-on luggage by passengers in airplanes, a sample of 36 pieces of carry-on
luggage was weighed. The average weight was 20 pounds. Assume that we know the standard deviation of the
population to be 8 pounds.
a. Determine a 97% confidence interval estimate for the mean weight of the carry-on luggage.
b. Determine a 95% confidence interval estimate for the mean weight of the carry-on luggage.
If you are given that the proportion of students at OCCC who have taken calculus is 30%. Suppose you collect a sample
of size 40.
c. Find the standard deviation of the proportion
d. Use your value in part c to find a 95% CI for students who have taken calculus as OCCC.
Answers
_
For both of the calculations in (a) and (b) we use the following formula: x ± Zα/2* σX
We know that σX= σ / n = 8 / 6 ≈1.33. If we note that our Zα/2 = +/- 1.96 for the 95% CI and +/- 2.17 for 97%. Apply
the formula with the values above and you get
_
Question 5:
The price of a particular brand of jeans has a mean of $37.99 (just assume 38) and a standard deviation of $7. A sample
of 49 pairs of jeans is selected. Answer the following questions.
a.What is the probability that the sample of jeans will have a mean price less than $40?
b.What is the probability that the sample of jeans will have a mean price between $38 and $39?
c.What is the probability that the sample of jeans will have a mean price within $3 of the population mean?
ANSWERS: Here we simply find the z-state for each one: z-stat = ( – μ) / σx
Note that σx = σ / n = 7 / 49 = 1
a.P ( X > 40 ) = P ( Z < 2 ) = 0.97778
b.P ( 38 < X < 39 ) = P ( 0 < Z < 1) = 0.339763
c.P (35 < X 41 ) = P (-3 < Z < 3) 0.9973
Question 6
The sales records of a real estate agency show the following sales over the past 200 days:
Number of Houses Sold # Days
0 60
1 80
2 40
3 16
4 4
0 0.30
1 0.40
2 0.20
3 0.08
4 0.02