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QMB 3250 EXAM QUESTIONS WITH 100% CORRECT SOLUTIONS!

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QMB 3250 EXAM QUESTIONS WITH 100% CORRECT SOLUTIONS!

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Uploaded on
October 19, 2025
Number of pages
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Written in
2025/2026
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QMB 3250 EXAM QUESTIONS WITH 100%
CORRECT SOLUTIONS!!
What is a response variable?

what the study is trying to determine

To look at the relationship between Serum 25(OD)D levels and location(urban/rural), what

type of graph might you use?

boxplot

A histogram is a graphical display to show _________ .

the outcomes of a quantitative variable.

What is the primary purpose of the 95% confidence interval for μ2-μ1 ?

To estimate the difference between the mean of population 1 and population 2. The Confidence

Interval for two independent means is interested in estimating the difference between the

parameters.

In significance testing, what does α represent?

The probability of a Type I error

what type of statistical test should be used to determine are older people more likely than

younger people to consider purchasing a hybrid vehicle?

Comparing two independent proportions

categorical data - two groups

,what type of statistical test should be used to determine what is the typical price of a used

Toyota Prius manufactured in 2011?

One Mean

quantitative data - one group

what type of statistical test should be used to determine if there is a difference in used car

price for a Toyota Prius with 2 or 4 cylinders?

Comparing two independent means

quantitative data - two groups

what type of statistical test should be used to determine if there is a significant difference in

gas mileage for a Toyota Prius driven 100 miles in the mountains versus along a flat

coastline? Ten drivers determine their gas mileage for the same stretch of roads in the

mountains and along the flat coastline.

Comparing means of dependent samples

quantitative data - paired responses

what type of statistical test should be used to determine what proportion of people

purchase a hybrid cars after they have been given a test drive?

One Proportion

categorical data - one group

In the past the average life span for a flashlight battery has been 10 hours. However, the

production line has been improved in the past six months. The manufacturer wants to

, determine if the lifetime of the battery has improved. The manufacturer tested the lifetimes

of 25 batteries. What would be the appropriate hypothesis to test this claim?

Ho: μ =10 versus Ha: μ >10

In the past the average life span for a flashlight battery has been 10 hours. However, the

production line has been improved in the past six months. The manufacturer wants to

determine if the lifetime of the battery has improved. The manufacturer tested the lifetimes

of 25 batteries. What is the parameter being estimated?

μ = population mean lifetime of the battery

For the hypothesis Ho: μ1-μ2=0 versus Ha: μ1-μ2≠0, the p-value equals 0.021. Let α = 0.05.

What decision would be made here? If an error is made here, what type of error would it

be?

Reject Ho

Rule: p-value ≤ α Reject Ho The p-value = 0.021 < α = 0.05

Type I error since we rejected Ho, the only type of error that we could make if we made an error

would be Type I error. The definition of a type 1 error is the error that occurs when we reject Ho

when Ho is true.

type 1 error

is the error that occurs when we reject Ho when Ho is true

For a significance test for the population proportion with significance level equal to 0.10

and p-value equal to 0.06, what would be the correct decision?

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