Started on Monday, 11 March 2024, 6:58 AM

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Completed on Monday, 11 March 2024, 7:00 AM
Time taken 1 min 34 secs
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Question 1
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The number of ounces of soda that the vending machine dispenses per cup dispensed is normally distributed with a mean of 12
ounces and a standard deviation of 4 ounces. Find the number of ounces above which 80% of the dispensed sodas will fall.
Let P (Z < -0.85) = 0.2, P(Z < 0) = 0.5, P (Z < 0.85) = 0.8 and P (Z < 5) = 1.

a. 8.6
b. None of the others
c. 34.2
d. 15.4
e. 9.1

The correct answer is:

8.6
Question 2
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A company has just brought out an annual report in which the capital investment and profits were given for the past few years.
Capital investment,x 10 12 18 25
Profits,y 15 14 23 38
Assume that an unbiased estimator for variance of the error is 8.34. Find an estimated standard error for slope of regression line.

a. 0.25
b. 0.12
c. 2.89
d. 0.03
e. 0.002

The correct answer is:

0.25
Question 3
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A probability density function is given by f(x) = 1.25/x2 when 1<x<5.

Find the probability that X is between 2 and 4.

a. 0.4621
b. 0.3125
c. None of the others
d. 0.5189
e. 0.9532

The correct answer is:

0.3125
Question 4
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a. 0.25
b. 0.75
c. 0
d. 0.5
e. 1

The correct answer is:

0.5
Question 5
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An event is _______

a. More frequently found in business than in other disciplines

b. The list of all possible outcomes from an experiment

c. A collection of outcomes

d. Similar to an experiment but not controlled by the decision maker

The correct answer is:

A collection of outcomes
Question 6
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The random variable X has a binomial distribution with n = 100 and p = 0.3. Use the normal approximation for binomial distribution to
find P(X ≤ 32).
Let P(Z<0.5) = 0.6915 P(Z < 0.33)=0.6293, P(z<1) = 0.8413, P(Z<0.546) = 0.7075

a. 0.6293
b. None of the others
c. 0.8413
d. 0.7075
e. 0.6915

The correct answer is:

0.7075
Question 7
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In 2005, the property crime rates (per 100,000 residents) for the 50 states and the District of Columbia had a mean of 3377.2 and a
standard deviation of 847.4. Assuming the distribution of property crime rates is normal, what percentage of the states had property
crime rates between 2360 and 4055?
Let P(Z<0.8) = 0.79, P(Z<1.8) = 0.96, P(Z<-1.2) = 0.12

a. 0.84
b. 0.17
c. 0.67
d. None of the others
e. 0.96

The correct answer is:

0.67
Question 8
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A major tire manufacturer wishes to estimate the mean tread life in miles for one of their tires. They wish to develop a confidence
interval estimate that would have a maximum sampling error of 500 miles with 90 percent confidence. Let population standard
deviation equal to 4,000 miles. Based on this information and let z0.05 = 1.645, the required sample size is:

a. None of the others

b. 196
c. 174
d. 124
e. 246

The correct answer is:

174
Question 9
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An article reported on the topics that teenagers most want to discuss with their parents. The findings, the result of a poll, showed that
33% would like more discussion about the family’s financial situation, 37% would like to talk about school, and 30% would like to talk
about religion. These and other percentages were based on a national sampling of 549 teenagers. Estimate the proportion of all
teenagers who want more family discussion about school. Use a 99% confidence level.
Let Z0.005 = 2.58 and Z0.01 = 2.33

a. (0.577, 0.683)
b. (0.317, 0.423)
c. (0.368, 0.372)
d. (0.628, 0.632)
e. None of the other choices is correct

The correct answer is:

(0.317, 0.423)
Question 10
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The expected value of negative binomial random variable with parameter p and r (0 < p < 1; r = 1, 2, 3, ...) is_________

a. r/p
b. r(1-p)/p2
c. np
d. 1/p

The correct answer is:

r/p
Question 11
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One​year, professional sports players salaries averaged $1.5 million with a standard deviation of $0.7 million. Suppose a sample of 100
major league players was taken. Find the approximate probability that the average salary of the 100 players exceeded​$1.1 million.
Let P(Z < -0.72) = 0.2358, P(Z < 0.63) = 0.7357, P(Z < 5.7) is approximately 1, P(Z < -5.7) is approximately 0.

a. 0.2357
b. 0.7357
c. Approximately 1
d. Approximately 0

The correct answer is:

Approximately 1
Question 12
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The weekly demand for Pepsi, in thousands of litter, from a local chain of efficiency stores, is a continuous random variable X having
the probability density.
f(x) = 2(x-1) if 1<x<2 and f(x) = 0 if elsewhere
Find the variance of X.

a. 1/18
b. 1/8
c. 1/9
d. 1/6

The correct answer is:

1/18
Question 13
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A naturalist leads whale watch trips every morning in March. The number of whales seen has a Poisson distribution with a mean of 4.3.
Find the probability that on a randomly selected trip, the number of whales seen is 3.

a. None of the others

b. 0.3596
c. 0.5394
d. 0.1798
e. 0.3057

The correct answer is:

0.1798
Question 14
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The cumulative distribution function of a continuous random variable X is defined by:

F(x) = 1 – e-2x for x ≥ 0 and F(x) = 0 if x < 0
Find P(X > 2)

a. 0.5682
b. 0.3159
c. 0.2415
d. 0.0183

The correct answer is:

0.0183
Question 15
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The following data represents the high ambient temperature for a particular city over the past 16 days.
52 56 56 58 59 60 62 65 69 73 73 74 76 76 77 78
Construct a stem and leaf display for this data.
(I) (II) (III)
5|26689 5|26689 5|22669
6|0259 6|02599 6|0259
7|3346678 7|3346778 7|346778

a. (III)
b. (I)
c. None of the others
d. (II)

The correct answer is:

(I)
Question 16
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The following regression model has been computed based on a sample of twenty observations: ŷ = 34.2 + 19.3x. The first observations
in the sample for y and x were 300 and 18, respectively. Given this, the residual value for the first observation is approximately ….

a. 381.6
b. -300
c. 81.6
d. -81.6
e. 34.2

The correct answer is:

-81.6
Question 17
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A random sample of 15 observations is selected from a normal population. For the following summary statistics and hypothesis tests.
x-bar = 57, s2 = 50, H0: μ = 60, H1: μ ≠ 60, α = 0.01
What is the test statistic t0?

a. None of the others

b. 0.2
c. -1.42
d. 1.42
e. -0.2

The correct answer is:

None of the others
Question 18
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Which of the following is a continuous quantitative variable?

a. The amount of milk produced by a cow in one 24-hour period.

b. The number of employees of an insurance company.
c. The number of gallons of milk sold at the local grocery store yesterday.
d.
The color of a student's eyes.

The correct answer is:

The amount of milk produced by a cow in one 24-hour period.
Question 19
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If a customer at a particular grocery store uses coupons, there is a 50% probability that the customer will pay with a debit card. Thirty
percent of customers use coupons and 35% of customer pay will debit cards. Given that a customer pays with a debit card, the
probability that the same customer uses coupons is _________.

a. 022
b. 0.73
c. 0.43
d. None of the other choices is correct

e. 0.52

The correct answer is:

0.43
Question 20
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The probability density function of the time required to complete an assembly operation is f(x) = 0.1 for x seconds, x is in the interval
[20, 30]. Determine the proportion of assembles requires more than 25 seconds to complete.

a. 0.16
b. None of the others
c. 0.42
d. 0.5
e. 0.47

The correct answer is:

0.5
Question 21
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Currently, quarters have weights are normally distributed with a mean of 6.35g and a standard deviation of 0.5g. If 280 different are
inserted into the vending machine, describe the sampling distribution for the sample mean weight.

a. Approximately normal with a mean of 6.35 and a standard deviation of 0.03g

b. Normal with a mean of 6.35g and a standard deviation of 0.5g
c. Approximately normal with a mean of 6.35 and a standard deviation of 0.5g
d. None of the other choices is correct
e. Normal with a mean of 6.35g and a standard deviation of 0.03g

The correct answer is:

Normal with a mean of 6.35g and a standard deviation of 0.03g
Question 22
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A basketball player is asked to shot free throws in sets of four. The player shoots 100 sets of 4 free throws. The probability distribution
for making a particular number of free throws is given below. Determine the standard deviation for this discrete probability
distribution.
X 0 1 2 3 4
P(X) 0.02 0.07 0.22 0.27 0.42

a. 0.28
b. 1.21
c. 1.05
d. 1.1
e. None of the others

The correct answer is:

1.05
Question 23
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A random number generator generates random integers from 1 to 10 following a uniform distribution. What is the probability that 7 is
generated?

a. 0
b. 0.07
c. 1/2
d. 1/10
e. 7/10

The correct answer is:

1/10
Question 24
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The amount of corn chips dispensed into a 20-ounce bag by the dispensing machine has been identified as possessing a normal
distribution with a mean of 20.5 ounces and a standard deviation of 0.2 ounce. Suppose 100 bags of chips were randomly selected
from this dispensing machine. Find the probability that sample mean weight of these 100 bags was less than 20.6 ounces.
Let P(Z < -0.87) = 0.1922, P(Z < -0.5) = 0.3085, P(Z < 0.5) = 0.6915 and P(Z < 5) = 1.

a. 0.3085
b. Approximately 1
c. Approximately 0
d. 0.1922
e. 0.6915

The correct answer is:

Approximately 1
Question 25
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Let f(x) = cx4. Determine the constant c so that the function f(x) satisfies the conditions for being a probability mass function of some
random variable X = {1, 2, 3}

a. 33
b. 1/98
c. 98
d. 1/3

The correct answer is:

1/98
Question 26
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Parking at a large university has become a very big problem University administrators are interested in determining the average
parking time (e.g. the time it takes a student to find a parking spot) of its students. An administrator inconspicuously followed 210
students and carefully recorded their parking times. Identify the population of interest to the university administration.

a. The entire set of faculty, staff, and students that park at the university.

b. The parking times of the 210 students from whom the data were collected.

c. The parking times of the entire set of students that park at the university.

d. The students that park at the university between 9 and 10 AM on Wednesdays

The correct answer is:

The parking times of the entire set of students that park at the university.
Question 27
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Let P(AUB) = 0.7 and P(A) = 0.4. What is P(B) if A and B are independent?

a. 0.3
b. None of the others
c. 0.4
d. 0.6
e. 0.5

The correct answer is:

0.5
Question 28
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In a random sample of 60 computers, the mean repair cost was $150. Assume the population standard deviation is 36. Construct a 99%
confidence interval for the population mean. Let Z0.01 = 2.326, Z0.005 = 2.576

a. (537, 654)
b. (18, 54)
c. None of the other choices is correct
d. (138, 162)
e. (238, 274)

The correct answer is:

(138, 162)
Question 29
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A cancer diagnostic test is 95% accurate both on those who have cancer an on those who do not if 0.005 of the population actually
does have cancer, compute the probability that the lest of particular individual indicates he or she has cancer.

a. 0.0426
b. None of the other choices is correct.
c. 0.0545
d. 0.2673
e. 0.0347

The correct answer is:

0.0545
Question 30
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An airline claims that only 6% of all lost, luggage is never found. lf, in a random sample, 17 of 200 pieces of lost luggage are not found,
test the null hypothesis p = 0.06 against the alternative hypothesis p > 0.06 at α = 0.05.
Let Z0.05 = 1.65

a. Z0 = 1.836, reject H0
b. Z­ = 1.489, fail to reject H
0 0

c. Z0 = 1.836, fail to reject H0

d.
Z0 = 1.489. reject H0

The correct answer is:

Z­0 = 1.489, fail to reject H0

Question 31
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Compute the test statistic used to test the null hypothesis that p1 = p2. A report on the nightly news broadcast stated that 13 out of 111
households with pet dogs were burglarized and 23 out of 190 without pet dogs were burglarized.

a. -0.041
b. 0.000
c. -0.173
d. -0.102
e. None of the others

The correct answer is:

-0.102
Question 32
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Assuming that the weights (kg) of two groups of children with non-smoking and smoking mothers both follow normal distributions with
standard deviations of 0.576 and 0.776, respectively. Data for two random samples from these two groups are as follows:
n1 = 20, x-bar1, = 3.4; n2 = 17, x-bar2, = 3.2
Calculate a 95% upper-confidence bound on the difference in population means (μ1 – μ2)

a. 0.347
b. 0.543
c. 0.576
d. 1.237

The correct answer is:

0.576
Question 33
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Patients arriving at an outpatient clinic follow an exponential distribution at a rate of 15 patients per hour. What is the probability that
a randomly chosen arrival to be more than 5 minutes?

a. 0.2865
b. 0.1251
c. 0.4565
d. None of the other choices is correct
e. 0.8165

The correct answer is:

0.2865
Question 34
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Suppose a 95% confidence interval for μ turns out to be (1000, 2100). Give a definition of what it means to be 95% confident in an
inference.

a. In repeated sampling, 95% of the intervals constructed would contain the population mean.
b. 95% of the observations in the sample fall in the given interval.

c. In repeated sampling, the population parameter would fall in the given interval 95% of the time.
d.
95% of the observations in the entire population fall in the given interval.

The correct answer is:

In repeated sampling, 95% of the intervals constructed would contain the population mean.
Question 35
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A CD has 12 tracks on it and these are to be played in random order. Suppose that you have time to listen to only 5 tracks before you
go out. What is the probability that the 5 played will be the first 5 in order on the box?

a. 5/12
b. 1/95040
c. 1/792
d. 1/3991680
e. None of the others

The correct answer is:

1/95040
Question 36
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Which statement is true for the scores of 1, 2, 3, 4, 5, 5, 7, 8, 9 and 10 ?

a. The mean is less than the mode

b. The median is greater than the mean
c. The mode is greater than the median

d. The mean is greater than the median

The correct answer is:

The mean is greater than the median
Question 37
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Output from a software package follows:

Call: lm(formula = y ~ x)

Coefficients:

Estimate Std. Error t value Pr(>|t|)

(Intercept) 2.5000 0.9442 2.542 0.1261

x 1.5000 0.3024 4.630 0.0436 *

---

Residual standard error: 0.8944 on 2 degrees of freedom

Multiple R-squared: 0.9147, Adjusted R-squared: 0.872

F-statistic: 21.44 on 1 and 2 DF, p-value: 0.04362

Test the hypothesis H0: β1 = 1 versus H1: β1 ≠ 1. The value of the test statistic is _____

a. 3.307
b. 0.530
c. 1.653
d. None of the other choices is correct
e. 1.589
 The correct answer is:
1.653

Question 38
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Find the estimated regression line (rounded to 2 decimal places)

y 110 113 75 94
x 35.5 43.0 40.5 33.0

a. ȳ = 93.44 + 0.12x
b. ȳ = 0.12 + 0.93x
c. ȳ = 0.12 + 93.44x
d. None of the others

The correct answer is:

ȳ = 93.44 + 0.12x
Question 39
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a. 0.96
b. 4.59
c. -0.96
d. -4.59

The correct answer is:

-0.96
Question 40
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At a California college, 22% of students speak Spanish, 5% speak French, and 3% speak both Spanish and French. What is the
probability that a student chosen at random from the college speaks Spanish but not French?

a. None of the others

b. 0.24
c. 0.17
d. 0.19
e. 0.02

The correct answer is:

0.19
Question 41
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Find the sample standard deviation

Data: 15 42 53

a. 16.6
b. 15.8
c. 29.1
d. 19.6
e. None of the other choices is correct

The correct answer is:

19.6
Question 42
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A random sample of 10 parking meters in a beach community showed the following incomes for a day.
3.60 4.50 2.80 6.30 2.60 5.20 6.75 4.25 8.00 3.00
A simple computation yields a sample mean of 4.7 and standard deviation of 1.8. Assume the incomes are normally distributed. Find a
95% confidence interval for the true mean.
Let Z0.05 = 1.65, Z0.025 = 1.96, T0.05,9 = 1.83, T0.025,9 = 2.26

a. (1.35, 2.85)
b. (4.81, 6.31)
c. (2.11, 5.34)
d. (3.41, 5.99)

e. None of the other choices is correct

The correct answer is:

(3.41, 5.99)
Question 43
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At a sawmill in Oregon, a process improvement team measured the diameters for a sample of 1,500 logs. The following summary
statistics were computed.
Q1 = 8.9 in., Q2 = 13.5 in., Q3 = 15.6 in., x-bar = 14.2 in.
Given this information, for a box and whisker plot which of the following statement is appropriate?

a. Fifty percent of the trees will have diameters between 13.5 and 15.6 inches.
b. Seventy-five percent of the trees in the sample have values between 8.9 in. and 15.6 in.
c. Virtually all of the data should fall between 0 in. and 25.65 in.
d. No tree will have a diameter of more than 22.3 in.
e. None of the other choices is correct

The correct answer is:

None of the other choices is correct
Question 44
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Which distribution will we use when testing hypotheses about the slope and intercept of the simple regression model?

a. Normal distribution
b. T-distribution with degree of freedom n - 1
c. Chi-square distribution with degree of freedom n-2
d.
T-distribution with degree of freedom n - 2

The correct answer is:

T-distribution with degree of freedom n - 2

Question 45
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A stock analyst compares the relationship between stock prices and earnings per share to help him select a stock for investment. What
type of the description is?

a. Observation study
b. Retrospective study
c. None of the others
d. Experiment

The correct answer is:

Observation study
Question 46
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Suppose data is obtained from 20 pairs of ( x , y ) and the sample correlation coefficient is 07. Find the type o test hypothesis if you
want 95% confident that there exist a significant positive linear correlation between x and y.

a. Left tailed T test

b. Right tailed T test
c. None of the other choice is correct
d. Two tailed T test
e. Two tailed Z test

The correct answer is:

Right tailed T test
Question 47
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As part of a promotion, both you and your roommate are given free cellular phones from a batch of 13 phones, Unknown to you, four
of the phones are faulty and do not work. Find the probability that one of the two phones is faulty.

a. 0.426
b. 0.231
c. None of the others
d. 0.538
e. 0.269

The correct answer is:

0.426
Question 48
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A soft drink company has a filling machine that can be set at different levels to produce different average fill amounts. The company
sets the machine to provide a mean fill of 12 ounces. The standard deviation on the machine is known to be 0.20 ounces. Assuming
that the hypothesis test is to be performed using a random sample of n = 100 cans, what is the critical value?

a. Can’t be determined without knowing the significance level.

b. 12.04 ounces.
c. 12.56 ounces.
d. 12.12 ounces.

The correct answer is:

Can’t be determined without knowing the significance level.

Question 49
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A basketball player has made 70% of his foul shots during the season. If he shoots 3 foul shots in tonight's game, what is the
probability that he makes all of the shots?

a. 0.098
b. None of the others
c. 0.343
d. 0.09
e. 0.213

The correct answer is:

0.343
Question 50
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Ana has a hypothesis that girls get up earlier and, as a result, usually enter Ana's Donut Shop before boys do. To test her hypothesis,
she spends 10 mornings asking the first 3 people to enter her shop whether they are a boy or a girl.
The data she collects is in order : BBG , GGB , GGG , GGB , BGB , BBG , BGG , BBB , GGB , BBB , where " G " represents a girl , and " B "
represents a boy .
Construct frequency distribution for each possible number of girls in this sample.
(I) (II) (III)
Number Frequencies Number Frequencies Number Frequencies
of girls of girls of girls

0 2 0 3 0 2
1 3 1 1 1 4
2 4 2 4 2 3
3 1 3 2 3 2

a. (I)
b. (III)
c. None of the others
d. (II)

The correct answer is:

(I)
