Stats 05 quiz

Assignment Help Basic Statistics
Reference no: EM131087950

1 of 35

Suppose that you are a student worker in the Statistics Department and they agree to pay you using the Random Pay system. Each week the Chair flips a coin. If it comes up heads, your pay for the week is $80, and if it comes up tails, your pay for the week is $40. You work for the department for two weeks. Let   be the average of the pay you receive for the first and second week. The sampling distribution of   is   

 :   $40   $60    $80

 

 

  a. given by the following probability distribution.

           Probability:   0.25    0.50   0.25

  b. approximately normal with mean $60 and standard deviation 14.14.

  c. exactly normal with mean $60 and standard deviation 14.14.

 

2 of 35

The scores of individual students on the American College Testing (ACT) Program composite college entrance examination have a Normal distribution with mean that varies slightly from year to year and standard deviation 6.0. You plan to take an SRS of size n of the students who took the ACT exam this year and compute the mean score   of the students in your sample. You will use this to estimate the mean score of all students this year. In order for the standard deviation of   to be no more than 0.1, how large shouldn be?

 

 

  a. at least 60

  b. at least 3600

  c. This cannot be determined because we do not know the true mean of the population.

 

3 of 35

When a particular penny is held on its edge and spun, the probability that heads are face up when the coin comes to rest is 4/9. If the coin is spun 4 times, the probability that the coin will come up heads exactly twice is (assume trials are independent)

 

 

  a. 16/81.

  b. 0.366.

  c. 0.061.

 

4 of 35

You decide to test a friend for ESP using a standard deck of 52 playing cards. Such a deck contains 13 spades, 13 hearts, 13 diamonds, and 13 clubs. You shuffle the deck, select a card at random, and ask your friend to tell you whether the card is a spade, heart, diamond, or club. After the guess you return the card to the deck, shuffle the cards, and repeat the above. You do this a total of 100 times. Let X be the number of correct guesses by your friend in the 100 trials. The standard deviation of X is

 

  a. 0.433.

  b. 4.33.

  c. 18.75.

 

5 of 35

You decide to test a friend for ESP using a standard deck of 52 playing cards. Such a deck contains 13 spades, 13 hearts, 13 diamonds, and 13 clubs. You shuffle the deck, select a card at random, and ask your friend to tell you whether the card is a spade, heart, diamond, or club. After the guess you return the card to the deck, shuffle the cards, and repeat the above. You do this a total of 100 times. Let X be the number of correct guesses by your friend in the 100 trials. What is the probability that X   30 if your friend is just guessing? Use the Normal approximation with the continuity correction.

 

 

  a. 0.1492

  b. 0.30

  c. 0.8508

 

6 of 35

Which of the following might be reasonably modeled by the binomial distribution? 

  a. The number of customers that enter a store in a one-hour period, assuming customers enter independently.

  b. The number of questions you get correct on a 100-question multiple choice exam in which each question has only four possible answers. Assume you have studied extensively for the test.

  c. Neither choice is correct.

 

7 of 35

A set of ten cards consists of five red cards and five black cards. The cards are shuffled thoroughly and I am given the first four cards. I count the number of red cards X in these four cards. The random variable X has which of the following probability distributions?

 

 

  a. the binomial distribution with parameters n = 10 and p = 0.5.

  b. the binomial distribution with parameters n = 4 and p = 0.5.

  c. Neither choice is correct.

 

8 of 35

A high school has 1000 students. As a school project, the school conducts a mock lottery. Each student in the school is asked to select an integer between 1 and 1000, independently of the choices of the other students. Each student gives their selection, with their name, to the school principal. The school principal uses a random number generator to select an integer between 1 and 1000 and any student that picked this number is declared a winner. What is the probability that no student wins? 

  a. 0. There are 1000 students and 1000 numbers, so some student must win.

  b. (0.999)1000 

  c. 0.1587

 

9 of 35

There are twenty multiple-choice questions on an exam, each having responses a, b, c, or d. Each question is worth 5 points and only one response per question is correct. Suppose a student guesses the answer to each question, and her guesses from question to question are independent. If the student needs at least 40 points to pass the test, the probability the student passes is closest to

 

 

  a. 0.0609.

  b. 0.1019.

  c. 0.9590.

 

10 of 35

Suppose that scores on the Math SAT exam follow a Normal distribution with mean 500 and standard deviation 100. Two students that have taken the exam are selected at random. What is the probability that the sum of their scores exceeds 1200? 

  a. 0.1587

  b. (0.1587)2

  c. 0.0793

11 of 35

There are twenty multiple-choice questions on an exam, each having responses a, b, c, or d. Each question is worth 5 points and only one response per question is correct. Suppose a student guesses the answer to each question, and her guesses from question to question are independent. The student's mean score on the exam should be

 

 

  a. 5.

  b. 25.

  c. 50.

 

12 of 35

The scores of individual students on the American College Testing (ACT) Program College Entrance Exam have a normal distribution with mean 18.6 and standard deviation 6.0. At Westside High, 400 students take the test. Assume their scores are all independent. If the scores at this school have the same distribution as nationally, the probability that the average of the scores of all 400 students exceeds 19.0 is 

  a. the same as the probability that a single student has a score exceeding 19.0.

  b. larger than the probability that a single student has a score exceeding 19.0.

  c. smaller than the probability that a single student has a score exceeding 19.0.

13 of 35

As part of a promotion for a new type of cracker, free samples are offered to shoppers in a local supermarket. The probability that a shopper will buy a packet of crackers after tasting the free sample is 0.200. Different shoppers can be regarded as independent trials. Let   be the proportion of the next n shoppers that buy a packet of the crackers after tasting a free sample. How large should n be so that the standard deviation of   is no more than 0.01?

 

 

  a. 4

  b. 16

  c. 1600

14 of 35

Suppose that the random variable X has a distribution with a density curve that looks like the following.

 

The sampling distribution of the mean of a random sample of 100 observations from this distribution will have a density curve that looks most like which of the following? 

  a.

 

  b.

 

  c.

 

 

15 of 35

As part of a promotion for a new type of cracker, free trial samples are offered to shoppers in a local supermarket. The probability that a shopper will buy a packet of crackers after tasting the free sample is 0.200. Different shoppers can be regarded as independent trials. If   is the proportion of the next 100 shoppers that buy a packet of the crackers after tasting a free sample, then   has approximately a 

 

 

  a. N (0.2, 0.0016) distribution.

  b. N (0.2, 0.04) distribution.

  c. N (0.2, 4) distribution.

16 of 35

As part of a promotion for a new type of cracker, free samples are offered to shoppers in a local supermarket. The probability that a shopper will buy a packet of crackers after tasting the free sample is 0.200. Different shoppers can be regarded as independent trials. If   is the proportion of the next 100 shoppers that buy a packet of the crackers after tasting a free sample, then the probability that fewer than 30% buy a packet after tasting a free sample is approximately (don't use the continuity correction) 

  a. 0.3000

  b. 0.9938

  c. Neither choice is correct.

 

17 of 35

Suppose that you are a student worker in the Statistics Department and agree to be paid by the Random Pay system. Each week the Chair flips a coin. If the coin comes up heads, your pay for the week is $80; if it comes up tails, your pay for the week is $40. You work for the department for 100 weeks (at which point you have learned enough probability to know the system is not to your advantage). The probability that  , your average earnings in the first two weeks, is greater than $65 is

 

 

  a. 0.2500.

  b. 0.3333.

  c. 0.5000.

18 of 35

The scores of individual students on the American College Testing (ACT) Program composite college entrance examination have a normal distribution with mean 18.6 and standard deviation 6.0. At Northside High, 36 seniors take the test. If the scores at this school have the same distribution as national scores, the sampling distribution of the average (sample mean) score for the 36 students is

 

 

  a. approximately Normal, but the approximation is poor.

  b. approximately Normal, and the approximation is good.

  c. exactly Normal.

 

19 of 35

Suppose that you are a student worker in the Statistics Department and agree to be paid by the Random Pay system. Each week the Chair flips a coin. If the coin comes up heads, your pay for the week is $80; if it comes up tails, your pay for the week is $40. You work for the department for 100 weeks (at which point you have learned enough probability to know the system is not to your advantage). Suppose   is your average pay for the 100 weeks. Then   has approximately a

 

 

  a. N (60, 10.95) distribution.

  b. N (60, 2) distribution.

  c. N (120, 20) distribution.

 

20 of 35

The SAT scores of entering freshmen at University X have a N (1200, 90) distribution and the SAT scores of entering freshmen at University Y have a N (1215,110) distribution. A random sample of 100 freshmen is sampled from each University, with   the sample mean of the 100 scores from University X and   the sample mean of the 100 scores from University Y. The probability that   is greater than µY, the population mean for University Y, is 

 

 

  a. 0.0475.

  b. 0.0869.

  c. 0.4325.

 

21 of 35

Incomes in a certain town are strongly-right skewed with mean $36000 and standard deviation $7000. A random sample of 10 households is taken. What is the probability the average of the sample is more than $38000? 

  a. 0.3875

  b. 0.1831

  c. Cannot say

 

22 of 35

Incomes in a certain town are strongly right-skewed with mean $36000 and standard deviation $7000. A random sample of 75 households is taken. What is the standard deviation of the sample mean? 

  a. $808.29

  b. $93.33

  c. $7000

23 of 35

Incomes in a certain town are strongly right-skewed with mean $36000 and standard deviation $7000. A random sample of 75 households is taken. What is the probability the sample mean is greater than $37000? 

  a. 0.4432

  b. 0.1075

  c. 0

 

24 of 35

Which of the following would have a binomial distribution? 

  a. A couple will have children until they have three girls or five children. X is the number of children in the family.

  b. Max the magician (who practices flipping coins) will call flips of a coin in the air. X is the number of correct calls in 10 flips.

  c. None of the others is binomial.

 

25 of 35

In a pre-election poll, 400 of the 500 probable voters polled favored the incumbent. In this poll, the sample proportion,  , of those favoring the challenger is 

  a. 0.80.

  b. 0.20.

  c. 0.50.

26 of 35

The binomial coefficient, written  , gives what information? 

  a. the probability of obtaining k successes in n trials

  b. the number of ways in which one can obtain k successes in n trials

  c. the chance of observing a success

 

27 of 35

From previous polls, it is believed that 66% of likely voters prefer the incumbent. A new poll of 500 likely voters will be conducted. In the new poll, if the proportion favoring the incumbent has not changed, what is the mean and standard deviation of the number preferring the incumbent? 

  a. μ = 330, σ = 10.59

  b. μ = 0.66, σ = 0.021

  c. μ = 330, σ = 18.17

28 of 35

From previous polls, it is believed that 66% of likely voters prefer the incumbent. A new poll of 500 likely voters will be conducted. In the new poll, if the proportion favoring the incumbent has not changed, what is the probability that more than 68% will favor the incumbent? 

  a. 32%

  b. 82.7%

  c. 17.1%

29 of 35

It has been asserted that 15% of all people are left-handed. In a random group of 10 people, what is the chance that not all of them are right-handed? 

  a. 85%

  b. 80.3%

  c. 100%

30 of 35

Sodas in a can are supposed to contain an average of 12 ounces. This particular brand has a standard deviation of 0.1 ounces, with an average of 12.1 ounces. If the can's contents follow a Normal distribution, what is the probability that the mean contents of a six-pack are less than 12 ounces? 

  a. 0.007

  b. 0.1587

  c. 0.9928

 

31 of 35

We want to take a sample of 100 items out of a large batch for quality control purposes. Based on past history, the proportion of defective items is 4%. Can we use the Normal approximation to the binomial distribution to find the probability of finding more than 5 defective items in the sample of 100? 

  a. Yes, because n is large.

  b. No

  c. We do not have enough information.

 

32 of 35

If I select a random sample of 20 items from a large batch in which there are 5% defective items, what is the chance I find at most two defectives in the sample? 

  a. 0.1887

  b. 0.9246

  c. 0.0754

33 of 35

A national poll of 600 men announced that the proportion in the survey who claimed to help their wives at home was 85%. If we took a larger poll of 1200 men, about how many would we expect to say that they help their wives at home, based on the first survey? 

  a. 510

  b. 600

  c. 1020

34 of 35

A national poll of 600 men announced that the proportion in the survey who claimed to help their wives at home was 85%. If we took a larger poll of 1200 men, what will be the standard deviation of the number of men who help at home, based on the first survey? 

  a. 12.37

  b. 17.32

  c. 153

35 of 35

A machine fills cans of soda which are labeled "12 ounces" according to a Normal distribution with mean 12.1 ounces and standard deviation 0.1 ounces. If I buy a 12-pack of the soda, what is the chance the average contents of the cans will be less than advertised? 

  a. 0.1587

  b. 0.0003

  c. 0.50

Reference no: EM131087950

Questions Cloud

Evaluating project for ultimate recreational tennis racket : You are evaluating a project for The Ultimate recreational tennis racket, guaranteed to correct that wimpy backhand. You estimate the sales price of The Ultimate to be $300 per unit and sales volume to be 1,000 units in year 1; 1,250 units in year 2;..
Save per month to have your down payment when you buy house : Currently the average house in your town cost $275,000 and is increasing in value by 6.0% per year. In six years you plan to purchase an average house and will need to have a 20% down payment. If you currently have $3,900 in your investment account, ..
How much will your monthly payments be : You want to buy a house for $185.000. The bank will loan you 85% of the purchase price. The mortgage terms are "30 years, monthly payments, and 9% annual interest rate.' Given this information, how much will your monthly payments be?
Evaluating project for the tiff-any golf club : You are evaluating a project for The Tiff-any golf club, guaranteed to correct that nasty slice. You estimate the sales price of The Tiff-any to be $470 per unit and sales volume to be 1,200 units in year 1; 1,125 units in year 2; and 1,000 units in ..
Stats 05 quiz : Suppose that you are a student worker in the Statistics Department and they agree to pay you using the Random Pay system. Each week the Chair flips a coin. If it comes up heads, your pay for the week is $80, and if it comes up tails, your pay for the..
Paying borrowing rate tied to the t-bond yield : Suppose a company is paying a borrowing rate tied to the T-bond yield. It wants to hedge against its borrowing rate increase in the future but it wants to keep its rate, if the rate goes down. Which interest rate derivative should it use?
Consider the option portfolio : Consider the following option portfolio. YOU WRITE a July 2007 expiration call option on IBM with exercise price $90. YOU ALSO WRITE a July expiration IBM put option with exercise price $85. What will be the profit/loss on this position if IBM is sel..
Empirical examination of longer-term financial consequences : Read and analyze “Paying the Piper: An Empirical Examination of Longer-Term Financial Consequences of Illegal Corporate Behavior,”byBaucus, Melissa S.; & Baucus, David A.Academy of Management Journal, Feb1997, Vol. 40 Issue 1, p129-151. 23p.
Is this activity a basis for a crime : Is this activity a basis for a crime? What crime? What would a prosecutor be required to prove? Are the officers and the restaurateurs equally criminally liable?

Reviews

Write a Review

Basic Statistics Questions & Answers

  How many would this person need to get right

A self proclaimed psychic was tested with 100 cards face downand asked to determine what symbol, out of 5 possible symbols the card hado n it. How many would this person need to get right for us to be convinced at the 99% level tha t this person is a..

  Find probability distribution for number of cells

A single cell can either die, with probability .1, or split into two cells, with probability .9, producing a new generation of cells. Each cell in the new generation dies or splits into two cells independently with the same probabilities as the in..

  How many possible sitting arrangements are there if only

How many social robots would need to be sampled in order to estimate the proportion of robots designed with legs, no wheels to within .075 of its true value with 99% confidence. Given that a random sample of 106 robots showed that 63 were designed wi..

  A rapid test for the presence in the blood of antibodies

a rapid test for the presence in the blood of antibodies to hiv the virus that causes aids gives a positive result with

  Computing the descriptive data statistics

1. (The Excel file BASE.XLS, found on the CD that came with your Berk and Carey text, has average career batting averages for 263 major league baseball players at the start of the 1988 season.

  Twenty students randomly assigned to an experimental group

Twenty students randomly assigned to an experimental group receive an instructional program; 30 in a second group do not. After 6 months, both groups are tested on their knowledge

  What is the probability that next christmas

Based on these data, what is the probability that next Christmas will be dry and based on the data,what is the probability that next Christmas will be rainy or cloudy and dry?

  A project has the following cash flows what is the internal

a project has the following cash flows. what is the internal rate of return? year 0 1 2 3 cash flow -121000 68150 42200

  Example of correlation or regression

Use the Internet to find a website that shows an example or application correlation or regression in the area of your interest or in your profession. Discuss how correlation or regression was used and summarize your finding.

  Hypotheses in a chi-square test for independence

Why do you use the chi-square statistic? Explain. What type of data is used with chi square analysis? Explain. What are the hypotheses in a chi-square test for independence? Explain.

  Coefficient of skewness and coefficient of variation

Calculate the coefficient of skewness and coefficient of variation of minutes spent commuting. What do these statistics tell us?

  Project features of a software project deliverable

Measuring and controlling project deliverables is essential to validating work performed within a project. Evaluate how project status reports are useful for measuring and controlling resource efforts, project schedules, project costs, and project fe..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd