QNT 351 Week 5 Final Exam

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Number of Questions:30 questions

Time Limit:3 hours
Results: 30/30 (100%)
Q1
The Director of Golf for a local course wants to study the number of rounds played by
members on weekdays. He gathered the sample information shown below for 520
rounds. At the .05 significance level, is there a difference in the number of rounds
played by day of the week?
Day
Rounds
Monday
124
Tuesday
74
Wednesday 104
Thursday 98
Friday 120

No, because 2 = 7.715

Yes, because 2 = 12.288

No, because 2 = 11.793

Yes, because 2 = 15.308

2
An auditor for American Health Insurance reports that 20% of policyholders submit a
claim during the year. 15 policyholders are selected randomly. What is the probability
that at least 3 of them submitted a claim the previous year?

.250

.200

.602

.708

3
When a class interval is expressed as 100 up to 200, _________________________.

The class interval is 99

Observations with values of 200 are included in the class

Observations with values of 200 are excluded from the class

Observations with values of 100 are excluded from the class

4
A coffee manufacturer is interested in whether the mean daily consumption of regularcoffee drinkers is less than that of decaffeinated-coffee drinkers. A random sample of
50 regular-coffee drinkers showed a mean of 4.35 cups per day, with a standard
deviation of 1.2 cups per day. A sample of 40 decaffeinated coffee drinkers showed a
mean of 5.84 cups per day, with a standard deviation of 1.36 cups per day. What is
your computed z-statistic?

z = - 3.90

z = -5.44

z = -1.81

z = -2.45
5
You perform a hypothesis test at the .05 level of significance. Your computed p-value
turns out to .042. What is your decision about the hypothesis?


You cant render a decision unless you know the computed test statistic

You would reject Ho

You would accept Ho if it is a two-tailed test, but reject Ho if a one-tailed test

You would accept Ho

6
In a distribution, the second quartile corresponds with the __________.

Variance

Mode

Mean

Median
7
The MacBurger restaurant chain claims that the waiting time of customers for service
is normally distributed, with a mean of 3 minutes and a standard deviation of 1
minute. The quality-assurance department found in a sample of 50 customers at the
Warren Road MacBurger that the mean waiting time was 2.75 minutes. When you
perform a test of hypothesis, what would be the resulting p-value?

.0471

.0512

.0384

.0586
8
The first card selected from a standard 52-card deck was a king. If it is returned to the

deck, what is the probability that a king will be drawn on the second selection?

1/4 or 0.25

1/3 or 0.33

1/13 or 0.077

12/13 or 0.923

9
An example of a qualitative variable is _________________.

Color of ink in a pen

Number of children in a family

Miles between oil changes

Weight of a person

10
When statisticians analyze sample data in order to draw conclusions about the
characteristics of a population, this is referred to as:

Descriptive statistics

Data analysis

Data summarization

Statistical inference

11
The ages of all the patients in the isolation ward of the hospital are 38, 26, 13, 41, and
22. What is the population standard deviation?

9.26

6.92

10.33

15.85
12
Consider the following regression analysis between sales (Y in $1,000) and social
media advertising (X in dollars).
= 55,000 + 7X
The regression equation implies that an:

increase of $1 in advertising is associated with an increase of $7,000 in sales.

increase of $1 in advertising is associated with an increase of $62,000 in sales.

increase of $7 in advertising is associated with an increase of $7,000 in sales.

increase of $1 in advertising is associated with an increase of $7 in sales.

13
The tread life of tires mounted on light-duty trucks follows the normal probability
distribution with a mean of 60,000 miles and a standard deviation of 4,000 miles.
Suppose you bought a set of four tires, what is the likelihood the mean tire life of
these four tires is between 57,000 and 63,000 miles?

1.00

0.8664

0.4332

Very likely
14
University officials say that at least 70% of the voting student population supports a
fee increase. If the 95% confidence interval estimating the proportion of students
supporting the fee increase is [0.75, 0.85], what conclusion can be drawn?

Seventy percent is not in the interval, so assume it will not be supported.

The interval estimate is above 70%, so infer that it will be supported.

Seventy percent is not in the interval, so another sample is needed.

Since this was not based on the population, no conclusion can be drawn.
15
A study by the National Park Service revealed that 50% of the vacationers going to
the Rocky Mountain region visit Yellowstone Park, 40% visit the Grand Tetons, and
35% visit both. What is the probability that a vacationer will visit at least one of these
magnificent attractions?

0.05

0.95

0.55

0.35
16
The distribution of a sample of the outside diameters of PVC pipes approximates a
symmetrical, bell-shaped distribution. The arithmetic mean is 14.0 inches, and the
standard deviation is 0.1 inches. About 68% of the outside diameters lie between what
two amounts?

13.9 and 14.1 inches

13.0 and 15.0 inches


13.8 and 14.2 inches

13.5 and 14.5 inches

17
A group of women tried five brands of fingernail polish and ranked them according to
preference. What level of measurement is this?

Nominal

Ordinal

Ratio

Interval
18
What is the range of values for a coefficient of correlation?

0 to +1.0

Unlimited range

-1.0 to +1.0 inclusive

-3 to +3 inclusive

19
Which approach to probability assumes that the events are equally likely?

Mutually exclusive

Empirical

Subjective

Classical

20
What is the median of 26, 30, 24, 32, 32, 31, 27, and 29?

30

29.5

29

32
21
Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to
introduce an advertising campaign to increase daily sales. To determine the
effectiveness of the advertising campaign, a sample of 49 days of sales was taken. It
found that the average daily sales were $6,400 per day. From past history, the
restaurant knew that its population standard deviation is about $1,000. The value of
the test statistic is _______.

1.96

6,400

6,000

2.8
22
The mean of a normal distribution is 400 pounds. The standard deviation is 10
pounds. What is the probability of a weight between 415 pounds and the mean of 400

pounds?

0.1932

0.3413

0.4332

0.5000

23
Which of the following is true regarding the normal distribution?

The mean, median, and mode are all equal.

It has two modes.

The points of the curve meet the x-axis at z = -3 and z = 3.

It is asymmetrical.

24
A time series trend equation for Hammer Hardware is Y = 5.6 + 1.2t, where sales are
in millions of dollars and t increases by one unit for each year. If the value of sales in
the base year of 2016 is $5.6 million, what would be the estimated sales amount for
2018?

$6.8 million

Unable to determine from given information

$5.6 million

$8 million

25
A research firm conducted a survey to determine the mean amount steady smokers
spend on cigarettes during a week. A sample of 64 smokers revealed that = $20
and S = $5. What is the 95% confidence interval for ?

$18.78 to $21.23

$18.60 to $21.40

18.37 to 21.63

18.16 to 21.84
26
A weight-loss company wants to statistically prove that its methods work. They
randomly selected 10 clients who had been on the weight loss program for between 55
and 65 days. They looked at their beginning weights and their current weight. The
statistical test they should utilize is:

t test for difference in paired samples

z test for two population means

z test for two population proportions

t test for two population means

27
As the size of the sample increases, what happens to the shape of the distribution of
sample means?

It approaches a normal distribution.

It cannot be predicted in advance.

It is negatively skewed.

It is positively skewed.
28
Each month the National Association of Purchasing Managers publishes the NAPM
index. One of the questions asked on the survey to purchasing agents is: Do you think
that the economy is expanding? Last month, of the 300 responses, 160 answered
yes to the question. This month, 170 of the 290 responses indicated that the
economy is expanding. If youre testing to find if a larger proportion of agents
believe that the economy is expanding this month, what is your computed test
statistic?

t = -1.07

z = -1.29

t = -1.25

z = -1.11

29
A group of 100 students was surveyed about their interest in a new International
Studies program. Interest was measured in terms of high, medium, or low. In the
study, 30 students responded high interest, 40 students responded medium interest,
and 30 students responded low interest. What is the relative frequency of students
with high interest?

.030

.40

.30

.50
30

A hypothesis regarding the weight of newborn infants at a community hospital is that

the mean is 6.6 pounds. A sample of seven infants is randomly selected and their
weights at birth are recorded as 9.0, 7.3, 6.0, 8.8, 6.8, 8.4, and 6.6 pounds. What is the
alternate hypothesis?

H1: > 7.6

H1: 6.6

H1: 6.6

H1: = 6.6