In: Statistics and Probability
Question 2) Which of the following is true?
a) The significance level of a test is the probability that the
null hypothesis is false.
b) The power of a test is the probability of accepting a null
hypothesis that is true.
c) If a null hypothesis is rejected against an alternative at the
5% level, then using the same data, it must be rejected against
that alternative at the 1% level.
d) If a null hypothesis is rejected against an alternative at the
1% level, then using the same data, it must be rejected against the
alternative at the 5% level.
e). The p-value of a test is the probability that the null
hypothesis is true.
Question 4) Which of the following is not true?
a) A narrower confidence interval for a population parameter with a
given confidence level can be obtained by increasing the sample
size.
b) The normal distribution is used to develop a confidence interval
estimate of the population proportion if the sample size is
large.
c) The value of the standard error of the mean is determined by
dividing the total error by the sample size.
d) An estimator is unbiased if the mean of its sampling
distribution is the population parameter being estimated.
e) none of the above
Question 15) The chairman of the statistics department in a
certain college believes that 70% of the department’s graduate
assistantships are given to international students. A random sample
of 50 graduate assistants is taken. What is the probability that
the sample proportion will NOT be between 0.60 and 0.73?
a) 0.61546
b) 0.3845
c) 0.45659
d) 0.5434
e) none of the above
Question 16) Each member of a random sample of 20 business economists was asked to predict the rate of inflation for the coming year. Assume that the predictions for the whole popu- lation of business economists follow a normal distribution with standard deviation 2%. Find any pair of values such that the probability that the sample standard deviation lies between these values is 0.90.
a) 1.459% and 2.519% b) 1.268% and 2.690% c) 1.176% and 2.774% d) 1.042% and 2.925% e) none of the above
Question 20) A sample of 30 students is taken from a college.
These students spent an average of $175 on books this semester,
with a sample standard deviation of $25. A 99% confidence interval
for the average amount of money spent on books for all the college
students equal to
a) 175 ± 10.872
b) 175 ± 12.579
c) 175 ± 8.946
d) 175 ± 6.329
e) none of the above
2)
d) If a null hypothesis is rejected against an alternative at the 1% level, then using the same data, it must be rejected against the alternative at the 5% level.
3)
c) The value of the standard error of the mean is determined by dividing the total error by the sample size
15)
for normal distribution z score =(p̂-p)/σp | |
here population proportion= p= | 0.7000 |
sample size =n= | 50 |
std error of proportion=σp=√(p*(1-p)/n)= | 0.0648 |
probability =1-P(0.6<X<0.73)=1-P((0.6-0.7)/0.065)<Z<(0.73-0.7)/0.065)=1-P(-1.54<Z<0.46)=1-(0.6772-0.0617)=0.3845 |
16)
here n = | 20 | |
s2= | 4.000 | |
Critical value of chi square distribution for n-1=19 df and 90 % CI | ||
Lower critical value χ2L= | 10.117 | |
Upper critical valueχ2U= | 30.144 |
for Confidence interval of standard deviation: | ||
Lower bound =√((n-1)s2/χ2U)= | 1.588 | |
Upper bound =√((n-1)s2/χ2L)= | 2.741 |
e) none of the above
20)
sample mean 'x̄= | 175.000 |
sample size n= | 30.00 |
sample std deviation s= | 25.00 |
std error 'sx=s/√n= | 4.5644 |
for 99% CI; and 29 df, value of t= | 2.756 | |
margin of error E=t*std error = | 12.579 |
b) 175 ± 12.579