Final Exam JUNE 2011 Answer Dear Students, Choose ANY five (5) questions out of eight (8).

Some of the answers below are not included with working calculations. I need you to identify how to get the final answer as part of your learning process. Good Luck for Your Final Exam Question 1 (20 Marks) a) I) II) III) IV) b) I) II) III) IV) 26 7 37 and 78 9

Mean = 23 / 12 = 1.92 Median = 1.5 , Mode = 5 Variance = 11.2431 . Standard deviation = 3.3531 1.92 2.2 (3.3531) = below the mean = 1.92 - 7.37682 = -5.45682

Question 2 (20 Marks) a) i) ii) iii) iv) v) b) i) ii) iii) Probability that x is less than 4 is 0.7 Probability that x more than 3 is 0.3 Mean = 2.86 and Standard deviation = 1.4354 P(credit card) = 0.536 P(under $20 and credit card) = 0.124 P(>$20 or cash) = 0.876 P(cash|<$20) = 0.62195 @ 0.622 P(>$20|credit card)= 0.7687

Question 3 (20 marks) a) i) ii) iii) Ho: male female Ho: public = private Ho: 2000Ltr H1: male > female H1: public private H1: < 2000Ltr

b) i) ii) iii) c) i) ii) iii) d) i) ii) e) i) ii) Fail to reject Ho since P-value (0.033) is greater than (0.01) Reject Ho since P-value (0.033) is less than (0.05) P-value = 0.0028 P-value = 0.0465 Critical value z = 1.65 Critical value t = -1.761 Critical value t = 4.032 One tailed test, to the right Two tailed test One tailed test, to the left

f) Refer to PPT slide chapter 10

Question 4 (20 Marks) a) i) ii) iii) iv) Standard error = 1.1 P( ): = 0.1814 P( ): = 0.6736 P( ): 0.3186 + 0.1736 = 0.4922

b) i) ii) : 0.5 +0.0793 = 0.5793 = 57.93% will pass the exam = X = 78 Marks

c) i) ii)

= 31.4 2.58 (

) = 31.4 1.032 = 30.368 and 32.432

It is not believable to produce a mean of 35kg, since 35kg of steel sheets is above the limit between 30.368 to 32.432

Question 5 (20 Marks) a) i) ii) iii) iv) v) b) i) ii) iii) iv) v) H0: 75 H1: > 75 (claim) Critical value t = 1.721 Test Statistics =

H0: 3.0 H1: > 3.0 (claim) Critical value Z = 1.65 Test statistics =

Reject H0 The mean GPA for students who have transferred to public university is higher than 3.0

Accept H0 Insufficient evidence to claim the mean score for all students on the first exam is above 75

c) i) ii) iii) iv) H0: = 8.3kg (claim) H1: 8.3kg P-value = 0.115 Fail to reject H0 since the P-value (0.115) is greater than (0.05) The average weight of a machine is 8.3kg

Question 6 (20 Marks) a) i) ii) iii) iv) v) b) i) ii) iii) iv) v) H0: 1 = 2 H1: 1 = 2 Critical value Z = 1.96 Test statistics = 0.735 H0: d = 0 H1: d 0 Critical value = 2.262 Test statistics =

Reject H0 There is a significant difference before and after the farmer increase the amount of time the lights in his hen house.

Fail to reject H0 There is no difference of scores between the two different countries

Question 7 (20 Marks) a) Refer to PPT slides chapter 12 b) Refer to PPT slides chapter 12 c) Refer to PPT slides chapter 12 d) i) H0: 1 = 2 = 3 = 4 H1: 1 2 3 4 ii) Reject H0 since P-value (0.0001) is smaller than (0.05). There is a difference in the premiums paid per month among the four insurance companies. iii) Accept H0 since P-value (0.240) is greater than (0.05). The population standard deviations are equal. iv) There are four pairs that differ significantly Company A & Company B, Company A & Company D, Company B & Company C, and Company C & Company D e) i) df numerator = 3 ii) SST = 38.18 and SSE = 160 iii) MST = 12.73 iv) Critical value F = 3.29 v) Accept H0

Question 8 (20 Marks) a) Refer to PPT slides chapter 13 b) Refer to PPT slides chapter 13 c) Refer to PPT slides chapter 13 d) i) There is a positive relationship between HEIGHT and NUMBER OF STORIES ii) R = 0.944 and R2 = 0.890 iii) T = 8.059, reject H0 since P-value (0.000) is less than = 0.05. the correlation in the population is different from zero iv) Y-intercept = 102.429 and the slope = 11.758. The linear equation is v) vi) vii) Y-intercept at 102.429 when X = 0 Change 1 unit in X will lead to a change in Y by 11.758 ( )