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According to the empirical rules, approximately 99.7% of
the observations will fall within
2. Numerical facts and figures that are collected through some type of
measurement process are called ________. (Points : 2)
statistics
metric
information
variables
9. The number of phone calls coming into a switchboard in the next five
minutes will either be 0, 1, 2, 3, 4, 5, or 6. The probabilities are the same
for each of these (1/7). If X is the number of calls arriving in a fiveminute time period, what is the mean of X? (Points : 2)
2
3
4
5
11. A discrete random variable has a mean of 400 and a variance of 64.
What is the standard deviation? (Points : 2)
64
8
20
400
13. Data for a particular subdivision near downtown Houston indicate that
the average price per square foot for a home is $100 with a standard
deviation of $5 (normally distributed). What is the probability that the
average price per square foot for a home is greater than $110? (Points : 2)
0
0.023
0.841
0.977
15. The number of cell phone minutes used by high school seniors
follows a normal distribution with a mean of 500 and a standard deviation
of 50. What is the probability that a student uses more than 350 minutes?
(Points : 2)
0.001
0.999
0.618
0.382
18. Find the confidence interval for a population mean of 615 acres at a
90% level of confidence with a sample size of 52 and standard deviation
of 27 acres. (Points : 2)
189 to 1190 acres
608.84 to 621.16 acres
452 to 4252 acres
172 to 2008 acres
19. Given that a sample of size 12 was taken from a finite population of
60 with a population standard deviation of 1.8, what would be the margin
of error at a 95% level of confidence? (Points : 2)
1.018
0.9186
12.22
0.4452
22. Find the standard error of the mean when the population standard
deviation is 2.4 and a sample of size 36 is taken. (Points : 2)
4.03
0.6
14.4
0.4
24. What is the value of the finite population correction factor when a
sample size of 250 is taken from a finite population of 1001? (Points : 2)
0.7510
0.8667
1.9960
0.2498
3
6
.
7
3
3
5
.
5
0
2
5
.
9
2
3
8
.
3
6
4
1
.
6
5
2
5
.
5
0
1
8
.
7
8
1
9
.
7
8
3
.
1
4
2
.
2
2
2
0
.
8
5
2
6
.
2
3
2
2
.
1
3
3
2
.
3
3
2
8
.
4
6
3
4
.
1
5
3
4
.
7
2
2
4
.
2
1
2
4
.
2
0
2
8
.
9
5
2
1
.
1
9
.
8
4
7
4
2
0
.
7
5
Formulate the null and the alternative hypotheses to determine if the data
supports the restaurant owner's claim. (Points : 2)
H0: The average profit per customer = $25
H1: The average profit per customer ? $25
H0: The average profit per customer = $25
H1: The average profit per customer > $25
H0: The average profit per customer = $25
H1: The average profit per customer < $25
H0: The average profit per customer > $25
H1: The average profit per customer = $25
3
5
.
5
0
2
5
.
9
2
3
8
.
3
6
4
1
.
6
5
2
5
.
5
0
1
8
.
7
8
1
9
.
7
8
3
3
.
2
2
.
1
4
2
2
2
0
.
8
5
2
6
.
2
3
2
2
.
1
3
3
2
.
3
3
2
8
.
4
6
3
4
.
1
5
3
4
.
7
2
2
4
.
2
1
2
4
.
2
0
2
8
.
9
5
2
1
.
8
4
1
9
.
7
4
2
0
.
7
5
Ne
utr
al
Re
act
io
n
Ne
gat
ive
Re
act
io
n
M
al
e
24
0
60
10
0
F
e
m
al
e
26
0
22
0
12
0
36. The probability that a typical tomato seed will germinate is 60%. A
seed company has developed a hybrid tomato that they claim has an 85%
probability of germination. If a gardener plants the new hybrid tomato in
batches of 12, what is the probability that 10 or more seeds will germinate
in a batch? (Points : 2)
0.064
0.083
0.264
0.736
37. Historical data indicates that only 20% of cable customers are willing
to switch companies. If a binomial process is assumed, then in a sample
of 20 cable customers, what is the probability that no more than 3
customers would be willing to switch their cable? (Points : 2)
0.85
0.15
0.20
0.411
38. Lock combinations are made using 3 digits followed by 2 letters. How
many different lock combinations can be made if repetition of digits is
allowed? (Points : 2)
6
260
6,760
676,000
39. In 2012 the stock market took some big swings up and down. One
thousand investors were asked how often they tracked their investments.
The table below shows their responses. What is the probability that an
investor tracks the portfolio weekly?
How
often
tracked?
Daily
Respo
nse
235
Weekly
278
Monthly
292
Few
times a
year
136
Do not
track
59
(Points : 2)
0.235
0.278
0.513
0.722
43. A major consumer products company wants to measure the type and
quantity of laundry detergent used by consumers. After choosing a
suburban street at random, employees go door-to-door to every fifth
house to ask for permission to view their laundry detergent supply. What
sampling method is being used for this sampling plan? (Points : 2)
simple random sampling
systematic sampling
continuous sampling
subjective sampling
45. All of the following are true about the sampling distribution of the
mean except ________. (Points : 2)
the population standard deviation can be determined when a large
sample size is used
the standard deviation of this distribution is called the standard error
of the mean
when larger sample sizes are used for this distribution, the sampling
error is less
this distribution approaches the normal distribution if the sample size
is large enough
46. Find the standard error of the mean when the population standard
deviation is 4.1 and a sample of size 30 is taken. (Points : 2)
7.32
0.08
1.34
0.75