1. If n=15 and p=0.4, then the standard deviation of the binomial distribution is 3.6. (Ch6)(Points : 8) True False Question 2.2. If the level of confidence and sample size remain the same, a confidence interval for a population proportion p will be narrower when p(1p) is larger than when it is smaller. (Ch9) (Points : 8) True False Question 3.3. In a simple linear regression model, the coefficient of determination not only indicates the strength of the relationship between independent and dependent variable, but also shows whether the relationship is positive or negative. (Ch13) (Points : 8) True False Question 4.4. The sample standard deviation s is an unbiased estimator of the population standard deviation. (Ch8) (Points : 8) True False Question 5.5. If the random variable of x is normally distributed, 68.26% of all possible observed values of x will be within two standard deviations of the mean. (Ch7) (Points : 8) True False Question 6.6. If n=20 and p=.4, then the mean of the binomial distribution is 8 (Ch6) (Points : 8) True False Question 7.7. First a confidence interval is constructed without using the finite population correction factor. Then, for the same identical data, a confidence interval is constructed using the finite population correction factor. The width of the interval with the finite population correction factor is wider than the confidence interval without the finite population correction factor. (Ch9) (Points : 8) True False Question 8.8. The power of a statistical test is the probability of rejecting the null hypothesis when it is true. (Ch10) (Points : 8) True False Question 9.9. The sampling distribution of the sample mean is developed by repeatedly taking samples of size n and computing the sample means and reporting the resulting sample means in the form of a probability distribution. (Ch8) (Points : 8) True False Question 10.10. For a continuous distribution, the exact probability of a particular value is always zero. (Ch7) (Points : 8) True False Question 11.11. As the level of significance increases, we are more likely to reject the null hypothesis. (Ch10) (Points : 8) True False Question 12.12. If events A and B are mutually exclusive, then P(A|B) is always equal to zero. (Ch5) (Points : 8) True False Question 13.13. If p=.9 and n=40, then we can conclude that the sampling distribution of the proportions is approximately a normal distribution. (Ch8) (Points : 8) True False Question 14.14. The standard deviation of the sampling distribution of the sample mean is the same as the population standard deviation. (Ch8) (Points : 8) True False Question 15.15. If events A and B are mutually exclusive, then P(A and B) is always equal to zero. (Ch5) (Points : 8) True False Question 16.16. If a null hypothesis is rejected at a significance level of .01, it will ______ be rejected at a significance level of .05 (Ch10) (Points : 12) Always Sometimes Never Question 17.17. The internal auditing staff of a local manufacturing company performs a sample audit each quarter to estimate the proportion of accounts that are delinquent more than 90 days overdue. The historical records of the company show that over the past 8 years 14 percent of the accounts are delinquent. For this quarter, the auditing staff randomly selected 250 customer accounts. What is the probability that at least 30 accounts will be classified as delinquent? (Ch8) (Points : 12) 31.86% 18.14% 81.86% 63.72% 75.84% Question 18.18. The pricetoearning ratio for firms in a given industry is distributed according to normal distribution. In this industry, a firm with a standard normal variable value of Z=1: (Ch7) (Points : 12) Has an above average pricetoearning ratio Has an below average pricetoearning ratio Has an average pricetoearning ratio May have an average or below average pricetoearnings ratio Question 19.19. In a manufacturing process a random sample of 9 bolts manufactured has a mean length of 3 inches with a standard deviation of .3 inches. What is the 95% confidence interval for the true mean length of the bolt? (Ch9) (Points : 12) 2.904 to 3.396 2.308 to 3.692 2.412 to 3.588 2.770 to 3.231 2.884 to 3.086 Question 20.20. The point estimate of the variance in a regression model is (Ch13) (Points : 12) SSE (0) (1) MSE Question 21.21. The mean life of pair of shoes is 40 months with a standard deviation of 8 months. If the life of the shoes is normally distributed, how many pairs of shoes out of one million will need replacement before 36 months? (Ch7) (Points : 12) 500,000 808,500 191,500 308,500 Question 22.22. When determining the sample size, if the value found is not an integer initially, the next highest integer value will ____________ be chosen. (Ch9) (Points : 12) Always Sometimes Never Question 23.23. The _______ of two events X and Y is another event that consists of the sample space outcomes belonging to both event X and Y. (Ch5) (Points : 12) Sample space outcome Conditional Probability Complement of events Longrun relative frequency Intersection Question 24.24. A multiplechoice test has 30 questions and each one has five possible answers, of which one is correct. If all answers were guesses, find the probability of getting exactly four correct answers. (Ch6) (Points : 12) 0.0604 0.1325 0.2552 0.8000 Question 25.25. (Points : 12) H0 is rejected H0 is not rejected H0 may or may not be rejected depending on the sample size n Additional information is needed and no conclusion can be reached about whether H0should be rejected Question 26.26. A standard normal distribution has a mean of _____ and standard deviation of _____. (Ch7) (Points : 12) Zero, Zero Zero, One One, One One, Zero Question 27.27. The average customer waiting time at a fast food restaurant has been 7.5 minutes. The customer waiting time has a normal distribution. The manager claims that the use of a new system will decrease average customer waiting time in the store. What is the null and alternative hypothesis for this scenario? (Ch10) (Points : 12) =7.5 and H 7.5 H : 7.5 and H > 7.5 H : 7.5 and H < 7.5 H : <7.5 and H 7.5 H0: 0 A: 0 A: 0 A: A: > 7.5 and H H0: 7.5 A: Question 28.28. If the wages of workers for a given company are normally distributed with a mean of $15 per hour, then the proportion of the workers earning more than $13 per hour: (Ch7) (Points : 12) Is less than the proportion earning less than $13 per hour Is equal to the proportion earning less than $13 per hour Is greater than the proportion earning less than $13 per hour Is less than 50% Cannot tell from the information given. Question 29.29. In a study conducted by UCLA, it was found that 25% of college freshmen support increased military spending. If 6 college freshmen are randomly selected, find the probability that: \"fewer than 4 support increased military spending\" (Ch6) (Points : 12) 0.9624 0.9954 0.7844 0.0330 Question 30.30. When the level of confidence and the sample size remain the same, a confidence interval for a population mean will be ________________, when the sample standard deviation s is smaller than when s is larger. (Ch9) (Points : 12) Wider Narrower Sometimes wider, sometimes narrower. They will be the same Question 31.31. Container 1 has 8 items, 3 of which are defective. Container 2 has 5 items, 2 of which are defective. One item is drawn from each container: What is the probability that one of the items is defective? (Hint: you have to use both rule of addition and rule of multiplication/conditional probability rules) (Ch5) (Points : 25) Question 32.32. Joe is considering pursuing an MBA degree. He has applied to two different universities. The acceptance rate for applicants with similar qualifications is 25% for University A and 40% for University B. What is the probability that Joe will be accepted at one and only one university? (Ch5) (Points : 25) Question 33.33. The probability that an appliance is in repair is .5. If an apartment complex has 100 such appliances, what is the probability that at least 60 will be in repair? Use the normal approximation to the binomial. (Ch7) (Points : 25) Question 34.34. The J.O. Supplies Company buys calculators from a Korean supplier. The probability of a defective calculator is 10%. If 100 calculators are selected at random, what is the standard deviation of the number of defectives? (Ch6) (Points : 25) Question 35.35. A random sample of size 36 from a normal population yields mean Xbar = 32.8 and standard deviation s = 4.51. Construct a 95 percent confidence interval for . (Ch9) (Points : 25) Employees of a local university have been classified according to gender and type of job as follows: Question 36.36. Job Male Faculty Salaried staff Hourly staff 110 30 60 Female 10 50 40 If an employee is selected at random, what is the probability that the employee is a female or works as an hourly staff? (Ch5) (Points : 25) Question 37.37. A microwave manufacturing company has just switched to a new automated production system. Unfortunately, the new machinery has been frequently failing and requiring repairs and service. The company has been able to provide its customers with a completion time of 6 days or less. To analyze whether the completion time has increased, the production manager took a sample of 25 jobs and found that the sample mean completion time was 6.5 days with a sample standard deviation of 1.5 days. At a significance level of .05, test whether the completion time has increased. (form the hypotheses, show the critical and calculated values of the test statistic and perform the test) (Ch10) (Points : 25) Question 38.38. An important part of the customer service responsibilities of a cable company relates to the speed with which trouble in service can be repaired. Historically, the data show that the likelihood is 0.75 that troubles in a residential service can be repaired on the same day. For the first five troubles reported on a given day, what is the probability that: Fewer than two troubles will be repaired on the same day? (Ch6) 1. If n=15 and p=0.4, then the standard deviation of the binomial distribution is 3.6. (Ch6)(Points : 8) True False Question 2.2. If the level of confidence and sample size remain the same, a confidence interval for a population proportion p will be narrower when p(1p) is larger than when it is smaller. (Ch9) (Points : 8) True False Question 3.3. In a simple linear regression model, the coefficient of determination not only indicates the strength of the relationship between independent and dependent variable, but also shows whether the relationship is positive or negative. (Ch13) (Points : 8) True False Question 4.4. The sample standard deviation s is an unbiased estimator of the population standard deviation. (Ch8) (Points : 8) True False Question 5.5. If the random variable of x is normally distributed, 68.26% of all possible observed values of x will be within two standard deviations of the mean. (Ch7) (Points : 8) True False Question 6.6. If n=20 and p=.4, then the mean of the binomial distribution is 8 (Ch6) (Points : 8) True False Question 7.7. First a confidence interval is constructed without using the finite population correction factor. Then, for the same identical data, a confidence interval is constructed using the finite population correction factor. The width of the interval with the finite population correction factor is wider than the confidence interval without the finite population correction factor. (Ch9) (Points : 8) True False Question 8.8. The power of a statistical test is the probability of rejecting the null hypothesis when it is true. (Ch10) (Points : 8) True False Question 9.9. The sampling distribution of the sample mean is developed by repeatedly taking samples of size n and computing the sample means and reporting the resulting sample means in the form of a probability distribution. (Ch8) (Points : 8) True False Question 10.10. For a continuous distribution, the exact probability of a particular value is always zero. (Ch7) (Points : 8) True False Question 11.11. As the level of significance increases, we are more likely to reject the null hypothesis. (Ch10) (Points : 8) True False Question 12.12. If events A and B are mutually exclusive, then P(A|B) is always equal to zero. (Ch5) (Points : 8) True False Question 13.13. If p=.9 and n=40, then we can conclude that the sampling distribution of the proportions is approximately a normal distribution. (Ch8) (Points : 8) True False Question 14.14. The standard deviation of the sampling distribution of the sample mean is the same as the population standard deviation. (Ch8) (Points : 8) True False Question 15.15. If events A and B are mutually exclusive, then P(A and B) is always equal to zero. (Ch5) (Points : 8) True False Question 16.16. If a null hypothesis is rejected at a significance level of .01, it will ______ be rejected at a significance level of .05 (Ch10) (Points : 12) Always Sometimes Never Question 17.17. The internal auditing staff of a local manufacturing company performs a sample audit each quarter to estimate the proportion of accounts that are delinquent more than 90 days overdue. The historical records of the company show that over the past 8 years 14 percent of the accounts are delinquent. For this quarter, the auditing staff randomly selected 250 customer accounts. What is the probability that at least 30 accounts will be classified as delinquent? (Ch8) (Points : 12) 31.86% 18.14% 81.86% 63.72% 75.84% Question 18.18. The pricetoearning ratio for firms in a given industry is distributed according to normal distribution. In this industry, a firm with a standard normal variable value of Z=1: (Ch7) (Points : 12) Has an above average pricetoearning ratio Has an below average pricetoearning ratio Has an average pricetoearning ratio May have an average or below average pricetoearnings ratio Question 19.19. In a manufacturing process a random sample of 9 bolts manufactured has a mean length of 3 inches with a standard deviation of .3 inches. What is the 95% confidence interval for the true mean length of the bolt? (Ch9) (Points : 12) 2.904 to 3.396 2.308 to 3.692 2.412 to 3.588 2.770 to 3.231 2.884 to 3.086 Question 20.20. The point estimate of the variance in a regression model is (Ch13) (Points : 12) SSE (0) (1) MSE Question 21.21. The mean life of pair of shoes is 40 months with a standard deviation of 8 months. If the life of the shoes is normally distributed, how many pairs of shoes out of one million will need replacement before 36 months? (Ch7) (Points : 12) 500,000 808,500 191,500 308,500 Question 22.22. When determining the sample size, if the value found is not an integer initially, the next highest integer value will ____________ be chosen. (Ch9) (Points : 12) Always Sometimes Never Question 23.23. The _______ of two events X and Y is another event that consists of the sample space outcomes belonging to both event X and Y. (Ch5) (Points : 12) Sample space outcome Conditional Probability Complement of events Longrun relative frequency Intersection Question 24.24. A multiplechoice test has 30 questions and each one has five possible answers, of which one is correct. If all answers were guesses, find the probability of getting exactly four correct answers. (Ch6) (Points : 12) 0.0604 0.1325 0.2552 0.8000 Question 25.25. (Points : 12) H0 is rejected H0 is not rejected H0 may or may not be rejected depending on the sample size n Additional information is needed and no conclusion can be reached about whether H0should be rejected Question 26.26. A standard normal distribution has a mean of _____ and standard deviation of _____. (Ch7) (Points : 12) Zero, Zero Zero, One One, One One, Zero Question 27.27. The average customer waiting time at a fast food restaurant has been 7.5 minutes. The customer waiting time has a normal distribution. The manager claims that the use of a new system will decrease average customer waiting time in the store. What is the null and alternative hypothesis for this scenario? (Ch10) (Points : 12) =7.5 and H 7.5 H : 7.5 and H > 7.5 H : 7.5 and H < 7.5 H : <7.5 and H 7.5 H0: 0 A: 0 A: 0 A: A: > 7.5 and H H0: 7.5 A: Question 28.28. If the wages of workers for a given company are normally distributed with a mean of $15 per hour, then the proportion of the workers earning more than $13 per hour: (Ch7) (Points : 12) Is less than the proportion earning less than $13 per hour Is equal to the proportion earning less than $13 per hour Is greater than the proportion earning less than $13 per hour Is less than 50% Cannot tell from the information given. Question 29.29. In a study conducted by UCLA, it was found that 25% of college freshmen support increased military spending. If 6 college freshmen are randomly selected, find the probability that: \"fewer than 4 support increased military spending\" (Ch6) (Points : 12) 0.9624 0.9954 0.7844 0.0330 Question 30.30. When the level of confidence and the sample size remain the same, a confidence interval for a population mean will be ________________, when the sample standard deviation s is smaller than when s is larger. (Ch9) (Points : 12) Wider Narrower Sometimes wider, sometimes narrower. They will be the same