In: Statistics and Probability
QUESTION 1
Let x be a random variable representing the monthly cost of joining a health club. We may assume that x has a normal distribution and that the population standard deviation is $5.20. A fitness magazine advertises that the mean monthly cost of joining a health club is $35. You work for a consumer advocacy group and are asked to test this claim. You find that a random sample of 40 health club monthly costs has a mean of $37.30. If you assume that the population mean is $35, find the P-value corresponding to the hypothesis that the average monthly cost is greater than $35 (i.e. right-tail test)
| A. | 
 0.037  | 
|
| B. | 
 0.025  | 
|
| C. | 
 0.012  | 
|
| D. | 
 0.002  | 
QUESTION 2
Let x be a random variable that represents the annual salary of an elementary school teacher. The mean annual salary is reported to be $50,590. Assume the standard deviation is $1800. If a random sample of 50 elementary school teachers is selected, what is the probability that the sample mean is less than $50,000?
| A. | 
 0.0102  | 
|
| B. | 
 0.0312  | 
|
| C. | 
 0.373  | 
|
| D. | 
 0.312  | 
QUESTION 3
A computer repair service found that a random sample of 45 repair costs had a mean cost of $659. Assume that the population standard deviation is $125. Calculate the margin of error, E, for a 95% confidence interval for the population mean µ.
| A. | 
 48.07  | 
|
| B. | 
 34.92  | 
|
| C. | 
 30.55  | 
|
| D. | 
 36.52  | 
QUESTION 4
Let x be a random variable that represents the length of an Atlantic croaker fish. If x is normally distributed with a mean of 10 inches and a standard deviation of 2 inches, find the length of Croaker fish at the bottom of the top 15%.
| A. | 
 7.927 inches  | 
|
| B. | 
 8.234 inches  | 
|
| C. | 
 11.546 inches  | 
|
| D. | 
 12.073 inches  | 
QUESTION 5
A computer repair service found that a random sample of 45 repair costs had a mean cost of $659. Assume that the population standard deviation is $125. Find the 95% confidence interval for the population mean repair cost µ of all computers.
| A. | 
 (612.5 , 705.5)  | 
|
| B. | 
 (627.5 , 690.5)  | 
|
| C. | 
 (622.5 , 695.5)  | 
|
| D. | 
 (623.5 , 694.5)  | 
QUESTION 6
Let x be a random variable that represents the length of an Atlantic croaker fish. If x is normally distributed with a mean of 10 inches and a standard deviation of 2 inches, find the probability that length of the fish is between 8.4 inches and 10.2 inches.
| A. | 
 0.672  | 
|
| B. | 
 0.328  | 
|
| C. | 
 0.788  | 
|
| D. | 
 0.212  | 
QUESTION 7
Let x be a random variable representing the monthly cost of joining a health club. We may assume that x has a normal distribution and that the population standard deviation is $5.20. A fitness magazine advertises that the mean monthly cost of joining a health club is $35. You work for a consumer advocacy group and are asked to test this claim. You find that a random sample of 40 health club monthly costs has a mean of $37.30. If you assume that the population mean is $35, find the standardized sample test statistic.
| A. | 
 3.157  | 
|
| B. | 
 2.149  | 
|
| C. | 
 2.797  | 
|
| D. | 
 1.543  |