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Stat For Business Spring2017 Final Exam PSUT

This document appears to be an incomplete final exam for a statistics course. It contains 10 multiple choice questions testing concepts like mean, median, standard deviation, probability, confidence intervals, hypothesis testing, and ANOVA. The exam also includes 5 longer word problems requiring calculations and written explanations. The problems cover topics such as estimating population means, testing claims about means, and comparing averages across groups.

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0% found this document useful (0 votes)
80 views5 pages

Stat For Business Spring2017 Final Exam PSUT

This document appears to be an incomplete final exam for a statistics course. It contains 10 multiple choice questions testing concepts like mean, median, standard deviation, probability, confidence intervals, hypothesis testing, and ANOVA. The exam also includes 5 longer word problems requiring calculations and written explanations. The problems cover topics such as estimating population means, testing claims about means, and comparing averages across groups.

Uploaded by

Zaina Rame
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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PSUT

Department of Basic Sciences


Statistics for Business Incomplete Final Exam Summer 2020

Name: Student’s Number:

Section Time: Instructor’s Name:

PART I: Fill in the blanks with the answers only. (1.5 points each)

(a) The sample mean of 3, 1.456, 1.55, 1.46 and 2.23 is · · · · · ·

(b) The second quartile (Q2 ) for the following data set 3.2, 3.21, 3.22, 3.23, 3.24, 3.25, 3.26, 3.27 is
······

(c) The first quartile (Q1 ) for the following data set 3.2, 3.21, 3.22, 3.23, 3.24, 3.25, 3.26, 3.27 is · · · · · ·

(d) Suppose that the five number summary for a given data set are 3.7, 4.6, 4.9, 5.7, 6.9, then the
shape is · · · · · ·

(e) Let E be an event in sample space Ω such that P (E) = 0.0134, then P (E) equals · · · · · ·

(f) If E and F are two independent events such that P (E) = 0.0123 and P (F ) = 0.4123, then
P (E ∩ F ) · · · · · ·

(g) If E and F are mutually exclusive events such that P (E) = 0.0123 and P (F ) = 0.4123, then
P (E ∪ F ) · · · · · ·

(h) Given the binomially distributed variable Y with n = 4 and p = 0.2, then P (Y = 3) · · · · · ·

(i) Given the standard normal distribution, then the area to the left of -2.01 is · · · · · ·

(j) Given the standard normal distribution such that P (z < k) = 0.1123, then k equals · · · · · ·

(k) Given the normally distributed variable X with µ = 100 and σ = 15, then P (X < 112) = · · · · · ·

(l) Given the normally distributed variable X with mean 100 and standard deviation of 8. Then in
a sample of size 100 X̄ is normally distributed with standard deviation of · · · · · ·

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PART II: Show your work! If insufficient work is shown, full credit
may not be awarded.

(1) A telephone company wants to estimate the mean time of the long distance calls made by people
in a small city. A random sample of 25 people is selected. The sample mean was X = 10 minutes
and the sample standard deviation was S = 7 minutes. Assume that the long distance phone calls are
normally distributed.

i. Construct a 95% confidence interval. [3]

ii. Interpret the confidence interval. [2]

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(3) (Two-tail test) A cereal manufacturer is concerned that the boxes of cereal not be under-filled or
overfilled. Each box of cereal is supposed to contain 13 ounces of cereal. A random sample of 31 boxes
is tested. The average weight is X = 12.9 ounces, and the standard deviation is S = 0.25 ounces. Use a
level of significance α = 10% to determine if the mean weight of cereal boxes is different from 13 ounces.

(a) State the null (H0 ) and alternative (H1 ) hypotheses. [1]

(b) Compute the test statistic. [1]

(c) Find the critical values [2]

(d) What is your statistical decision (use critical-value approach)? [1]

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(4) (One-tail test) A statistics instructor thinks that the average on the final statistics exam is higher
than or equals to 85. To test her claim she takes a sample of ten statistics students. The sample mean
X was 82. Suppose that the scores are normally distributed with standard deviation of 5. For a level
of significance α = 0.01.

(a) State the null (H0 ) and alternative (H1 ) hypotheses. [1]

(b) Compute the test statistic. [1]

(c) Compute the p-value [2]

(d) What is your statistical decision (use p-value approach)? [1]

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(5) (ANOVA) A company that fills gallon containers of water has four machines. The quality control
manager needs to determine whether the average fill for these machines is the same. A sample of 5
one-gallon containers from each machine is selected and resulted SSA = 20 and SST = 50. For a level
of significance of 0.05, whether the average fill for these machines is the same.

(a) State the null (H0 ) and alternative (H1 ) hypotheses. [2]

(b) Compute the test statistic. [2]

(c) Find the critical value. [1]

(d) What is your statistical decision? [2]

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