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Hatfield Stat 211

Review for Final Version 1 Old Stuff

#1
What are we trying to calculate with E(h(x,y))?

a) The expected value of a joint random variable. b) The expected value of a function that is based on a joint random variable. c) The variance of a joint random variable. d) The area under the combined density functions of X and Y. e) The area associated with the joint random variables X and Y.

#2
Given the following valid joint pdf;

3x 2 6 xy 2 y f ( x, y ) for 1 x 2, 0 y 4 114 What is P(1 x 1.1, 2 y 3) ?


a) b) c) d) e) 0.20722 0.02272 0.72272 0.77722 0.02777

#3
What is the variance of the following discrete random variable, X?
x 1 2 3 4 P(x) .120 .360 .240 .280

a) b) c) d) e)

1.0279 1.3554 1.0001 1.0176 0.0011

#4
Assume that were having a 1-day golf tournament at the club. In our flight, there are 10 golfers. If the probability that any given golfer will shoot well below their average is about 25%, whats the probability that more than 7 of them shoot well below their average (assuming independence of events)? a) b) c) d) e) 0.0003862 0.5000000 0.0035070 0.0004158 0.0670361

#5
We produce airplanes and purchase rivets to affix the shell from 3 different suppliers at the following proportions, with the associated defective rates;
Company A B C % 10 70 20 Defective Rate .0003 .0001 .0002

A plane we built just crashed due to rivet failure. Whats the probability that the crash is going to be traced back to a rivet supplied by Company A?
a) b) c) d) e) 0.21429 0.00014 0.00003 0.99986 0.10000
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#6
Which of the following are not examples of independent events? a) Pulling the Ace of Spades out of a deck through repeated trials without reshuffling. b) Pulling the Ace of Spades out of a deck through repeated trials with reshuffling. c) Roulette d) The result of single die multiple times e) The Binomial distribution

#7
What happens to the variance of the distribution of sample means, if we increase the number of observations in the sample, and why? a) The variance remains the same, because sample size has no impact on the variability of the population. b) The variance would get larger, because every time you take additional samples from a variable population, you increase the variability of the sample. c) The variance would get smaller, because youre dividing by a larger value of n. d) The variance would get larger, because increasing the sample size reduces the effect of outliers we might have in our sample through averaging. e) The variance is not affected by the sample size in the distribution of sample means; only the distribution of sample totals. 8

#8
We have developed a 95% CI for the population mean revenues from our outlet store for a month, as follows; (14,500 ; 15,500) What is a proper interpretation of this confidence interval?
a) Our monthly revenues will fall between 14,500 and 15,500 b) 95% of our monthly revenues will fall between 14,500 and 15,500 c) 95% of the time we follow this procedure the actual monthly revenue average will fall between the limits stated in our confidence interval. d) There is a 2.5% probability that our monthly revenues will fall below 14,500. e) 95% of the time, our monthly revenues will be between 14,500 and 15,500.

#9
Identify (1) through (4) on the following plot resulting from a 1-tailed right hypothesis test where we rejected the null hypothesis;

a) (1) is the area to the right of (4) and (3) is the area to the right of (2) b) (1) is the test value, (3) is the critical value, (2) is alpha and (4) is the p-value. c) (1) is .025, (2) is 530, (3) is .005 and (4) is 500 d) (1) is the Type I error, (2) is the test stat, (3) is the p-value and (4) is the value obtained from our sample. e) (1) is alpha, (2) is the test value, (3) is the p-value and (4) is the critical value.
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#10
Freebirds claims that their typical chicken burrito weighs 2 lbs, with a standard deviation of 0.2 lbs. How many would we need to sample if we wanted to develop a 90% confidence interval around the mean and for it to be within 0.05 lbs. of the mean? a) b) c) d) e) 7 43.2964 44 174 62

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#11
We are planning on introducing a new DVD-based fitness program, similar to P90X and need to get a good idea of the percentage of people that would purchase the product at a price level of $39.95. Similar products launched in the past year at this price point had acceptance levels between 30% and 40%.

If we want to develop a 95% CI on the actual proportion and want to be within .01% of the true population proportion, what sample size should we take?
a) b) c) d) e) 92,198,400 535 3 485 9,200

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#12
We are concerned about potholes on the bypass (6). Studies indicate that there are about 2 measurable potholes per mile there. Which of the following is a proper statement of this problem, from a Gamma viewpoint?
a) Whats the probability that the number of potholes is greater than 10? b) Whats the probability that we have 6 or more potholes in a given 3-mile stretch? c) Whats the probability that we start at mile 0 and encounter 6 potholes at or before mile marker 3? d) Whats the probability, given a 10-mile stretch of road, that there are no potholes? e) Whats the probability of bypassing this problem and still getting credit on the test?

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#13
Mars candy claims that their large size M&M peanuts bags contain 245 pieces on average, with a standard deviation of 10 pieces. If Mars receives a complaint letter from every customer purchasing a bag of this size that has less than 200 pieces, approximately what percentage of their sales will result in complaint letters? a) b) c) d) e) about 2.5% between 2.5% and 5% more than 5% more than 2.5% less than 1%

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