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Business Statistics Evaluation Test Updated Questions And Answers Sure A.pdf

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BUSINESS STATISTICS EVALUATION TEST UPDATED QUESTIONS AND ANSWERS SURE A.pdf

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BUSINESS STATISTICS EVALUATION TEST UPDATED
QUESTIONS AND ANSWERS SURE A+
✔✔Given that X is a normal random variable, the probability that a given value of X is
below its mean is ________.


less than 0.5

equal to 0.5

1

greater than 0.5 - ✔✔less than .5

✔✔A random sample is selected so that every element in the population has the same
chance of being included in the sample.

True
False - ✔✔true

✔✔If events A and B are mutually exclusive, then P(A∩B) is always equal to zero.

True
False - ✔✔true

✔✔When the margin of error is added to and subtracted from the sample mean, an
interval is formed that will contain μ with a probability of (1 − α).

True
False - ✔✔True

✔✔If we are testing the difference between the means of two normally distributed
independent populations with samples of n1 = 10, n2 = 10, the degrees of freedom for
the t statistic is ________.

18

20

9

19

8 - ✔✔18

,✔✔If events A and B are independent, then P(A|B) is equal to ________.

P(A∩B)

P(A)



P(B) - ✔✔P(A∩B)

✔✔A regression between foot length (response variable in cm) and height (predictor
variable in inches) for 33 students resulted in the regression equation "FootLength =
10.9 + 0.23(Height)". One student in the sample was 73 inches tall with a feet length of
29 cm. What is the predicted foot length for this student?


17.57 cm


27.69 cm


29 cm


33 cm - ✔✔27.69 cm

✔✔The mean of a standard normal distribution is always equal to ________.

-1

1

0.5

0 - ✔✔0

✔✔An example of a quantitative variable is the manufacturer of a car.
True
False - ✔✔False

✔✔The manager of the quality department for a tire manufacturing company wants to
know the average tensile strength of rubber used in making a certain brand of radial tire.
The population is normally distributed and the population standard deviation is known.

, She uses a z test to test the null hypothesis that the mean tensile strength is 800
pounds per square inch. The calculated z test statistic is a positive value that leads to a
p-value of .045 for the test. If the significance level (α) is .05, the null hypothesis would
be rejected.
True
False - ✔✔True

✔✔In random sampling without replacement, each element in the sample will be
different.
True
False - ✔✔True

✔✔A discrete random variable may assume a countable number of outcome values.
True
False - ✔✔True

✔✔Correlation does not imply __________.


that a relationship exists


dependency


causation


a scatterplot - ✔✔Causation

✔✔The width of a confidence interval will be:

Wider for a sample size of 100 than for a sample size of 50.

Wider when the sample standard deviation (s) is small than when s is large.

Narrower for 99 percent confidence than 95 percent confidence.

Narrower for 90 percent confidence than 95 percent confidence. - ✔✔Narrower for 90
percent confidence than 95 percent confidence

✔✔The z value tells us the number of standard deviations that a value x is from the
mean.
True
False - ✔✔True

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