Final Sample 2022 - Suggested Solution VDTQT
Final Sample 2022 - Suggested Solution VDTQT
(a) Calculate the average swimming time for the 100-metre times for Anh and Binh.
n
∑ xi
x= i=1
n
(b) Calculate the standard deviation for the 100-metre times for Anh and Binh.
(c) Calculate the Coefficient of Variation for the 100-metre times for Anh and Binh.
Question 2:
a)
Number of people who are single = 100 – 50 = 50
P(single) = f/n = 50/100 = 0.5 or 50%.
b)
Number of people who are 18 – 30 and married = 50 – 22 = 28
P(18-30 and married) = 28 / 100
P(married) = 50 / 100
P(18-30/married) = P(18-30 and married) / P(married) = 28/50 = 0.56 or 56%.
Question 3:
a)
Ho: μ = 11
H1: μ ≠ 11
Decision rule:
α = .05 => α/2 = .025 or α = .05 for two-tailed
Z(α = .05 for two-tailed) = 1.960
Reject Ho if Zcalc > 1.96 or if Zcalc < -1.96
Mean = 11.03
Zcalc = = 2.08
Because Zcalc = 2.08 > 1.96
Reject Ho
b)
Ho: μ = 11
H1: μ ≠ 11
Set up decision rule:
Reject Ho if p-value < α
Zcalc = = 2.08
Reject Ho
Question 4:
a)
1. Hypothesis:
Ho: µ < 10
H1: µ > 10
2. Decision rule:
d.f = 50 – 1= 49
Z(α = .05 for one-tailed; d.f = 49) = 1.677
Reject Ho if Zcalc > 1.677
3.
Zcalc = = 1.89
Because Zcalc = 1.89 > 1.677
Reject Ho
b)
Sd = 8.17
Hypothesis:
Ho: μd ≤ 0
H1: μd > 0
Decision rule:
d.f = 5 – 1 = 4
= 1.20
Because Tcalc = 1.20 < 2.132
Do not reject Ho
Conclusion: The mean in Exam 1 is not higher than Exam 2’s
Question 6:
a)
Z = (3.8 – 3.5) / 0.5 = 0.6
Find P(Z>0.6) = ?
Conclusion
b)
Z = (2.8 – 3.5)/0.5 = -1.4
Find P(Z<-1.4) = ?
Conclusion
c)
Z1= (2.8 – 3.5)/0.5 = -1.4 and Z2 = (3.8 – 3.5) / 0.5 = 0.6
Find P(-1.4 < Z < 0.6) = ?
Conclusion
d)
Z1 = (2.0 – 3.5)/0.5 = -3 and Z2 = (2.8 – 3.5)/0.5 = -1.4
Find P(-3<Z<-1.4)
Conclusion
Question 7:
a)
^
Rice price= 3.12 + 2.05*year
b)
^
Rice price = 21.01 + 2.43*year – 0.15*year2
c)
d)
e)
Forecast and Errors 2013 2014 2015
Linear Model 23 – 29.77 = -6.77 19.5 – 31.82 = -12.32 16.5 – 33.87 = -17.37
MADLin Model = (6.77 + 12.32 + 17.37) / 3
= 36.46 / 3
= 12.153
f)
Forecast and Errors 2013 2014 2015
Linear Model 23 – 27.25 = -4.25 19.5 – 25.63 = -6.13 16.5 – 23.71 = -7.21
MADQuad Model = (4.25 + 6.13 + 7.21) / 3
= 17.59 / 3
= 5.863
g)
Since MAD for Quadratic model is lower, the quadratic model does a better job at
forecasting the rice prices.