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QMB 3200 | 100+ Final Exam Questions on Chi-Square, Confidence Intervals, Regression | Florida International University

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This document is a complete final exam preparation set for QMB 3200 – Quantitative Methods in Business at Florida International University, for the academic year 2025/2026. It includes over 100 carefully curated multiple-choice questions with correct answers, covering key exam topics such as chi-square tests (independence, uniformity), confidence interval estimation, hypothesis testing, and both simple and multiple regression analysis. Students will find practical examples involving proportions, degrees of freedom, p-values, standard error, and Excel-based statistical functions (e.g., CHISQ.TEST, NORM.DIST, regression line calculations). A significant portion is dedicated to regression concepts—least squares method, coefficient of determination (R²), dummy variables, standardized residuals, and prediction vs. confidence intervals. Each question is structured to reflect real test conditions, with clear references to case-based data and exhibits for contextual understanding. This resource is ideal for students looking to strengthen their analytical reasoning and statistical interpretation skills before a cumulative or final exam. It supports mastery of high-frequency exam topics and is formatted for efficient review and test simulation. Best suited for students in: – Business Administration – Finance and Accounting – Economics – Quantitative Research and Statistics – Data Analytics – Operations & Supply Chain Keywords: QMB 3200, final exam questions, chi-square test, confidence interval, hypothesis testing, regression analysis, multiple regression, simple linear regression, p-value, standard error, coefficient of determination, dummy variable, Excel statistics, standardized residuals, mean square error, Florida International University

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Uploaded on
January 11, 2026
Number of pages
30
Written in
2025/2026
Type
Exam (elaborations)
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Questions & answers

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QMB 3200 Final 2025/2026 Exam
Questions and Answers | A+ Score
Assured



The results of a recent poll on the preference of shoppers regarding two

products are shown below.




Product; Shoppers Surveyed; Shoppers Favoring

A; 800; 560

B; 900; 612




Refer to Exhibit 11-6. The 95% confidence interval estimate for the

difference between the populations favoring the products is

,a. 0.6 to 0.7

b. -0.024 to 0.064

c. 0.02 to 0.3


d. 0.024 to 0.7 - 🧠ANSWER ✔✔b. -0.024 to 0.064


When individuals in a sample of 150 were asked whether or not they

supported capital punishment, the following information was obtained.




Do You Support Capital Punishment?; Number of Individuals

Yes; 40

No; 60

No Opinion; 50




We are interested in determining whether or not the opinions of the

individuals (as to Yes, No, and No Opinion) are uniformly distributed.

, Refer to Exhibit 11-1. The calculated value for the test statistic equals




a. 20

b. 4

c. -2


d. 2 - 🧠ANSWER ✔✔b. 4


When individuals in a sample of 150 were asked whether or not they

supported capital punishment, the following information was obtained.




Do You Support Capital Punishment?; Number of Individuals

Yes; 40

No; 60

No Opinion; 50




We are interested in determining whether or not the opinions of the

individuals (as to Yes, No, and No Opinion) are uniformly distributed.




COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
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