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UCF QMB 3200 Final Exam Test With 100% Verified Answers

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Page | 1 UCF QMB 3200 Final Exam Test With 100% Verified Answers Doubling the size of the sample will - -reduce the standard error of the mean The sample mean is the point estimator of - -U A simple random sample of size n from an infinite population of size N is to be selected. Each possible sample should have - -the same probability of being selected Which of the following statements regarding the sampling distribution of sample means is incorrect? - -The standard deviation of the sampling distribution is the standard deviation of the population. A simple random sample of size n from an infinite population is a sample selected such that - -each element is selecte

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UCF QMB 3200 Final Exam Test With 100% Verified Answers
Doubling the size of the sample will - -reduce the standard error of the mean

Page | 1
The sample mean is the point estimator of - -U



A simple random sample of size n from an infinite population of size N is to be selected. Each
possible sample should have - -the same probability of being selected



Which of the following statements regarding the sampling distribution of sample means is
incorrect? - -The standard deviation of the sampling distribution is the standard deviation
of the population.



A simple random sample of size n from an infinite population is a sample selected such that -
-each element is selected independently and is selected from the same population



The fact that the sampling distribution of sample means can be approximated by a normal
probability distribution whenever the sample size becomes large is based on the - -
central limit theorem.



Cluster sampling is - -a probability sampling method.



The central limit theorem states that - -if the sample size n is large, then the sampling
distribution of the sample mean can be approximated by a normal distribution.



The value of the _____ is used to estimate the value of the population parameter - -
sample statistic

, The sampling distribution of is the - -probability distribution of all possible values of the
sample proportion.



Page | 2 Which of the following is not a symbol for a parameter? - -S.



The sample statistic characteristic s is the point estimator of - -σ..



The distribution of values taken by a statistic in all possible samples of the same size from the
same population is called a - -sampling distribution.



Which of the following is a point estimator? - -S.



As a rule of thumb, the sampling distribution of the sample proportion can be approximated by
a normal probability distribution when - -n(1 - p) ≥ 5 and np ≥ 5.



A sample of 92 observations is taken from an infinite population. The sampling distribution of is
approximately - -normal because of the central limit theorem.



The central limit theorem is important in Statistics because it enables reasonably accurate
probabilities to be determined for events involving the sample average - -when the
sample size is large regardless of the distribution of the variable.



The distribution of values taken by a statistic in all possible samples of the same size from the
same population is the sampling distribution of - -The sample



Which of these best describes a sampling distribution of a statistic? - -It is the distribution
of all of the statistics calculated from all possible samples of the same sample size.

, The probability distribution of all possible values of the sample proportion is the - -
sampling distribution of p.
Page | 3

For a fixed confidence level and population standard deviation, if we would like to cut our
margin of error in half, we should take a sample size that is - -four times as large as the
original sample size.



We can reduce the margin of error in an interval estimate of p by doing any of the following
except - -increasing the planning value p* to .5.



When computing the sample size needed to estimate a proportion within a given margin of
error for a specific confidence level, what planning value of p should be used when no estimate
of p is available? - -0.50



A statistics teacher started class one day by drawing the names of 10 students out of a hat and
asked them to do as many pushups as they could. The 10 randomly selected students averaged
15 pushups per person with a standard deviation of 9 pushups. Suppose the distribution of the
population of number of pushups that can be done is approximately normal. Which of the
following statements is true? - -A t distribution should be used because σ is unknown.



The z value for a 99% confidence interval estimation is - -2.58



In an interval estimation for a proportion of a population, the critical value of z at 99%
confidence is - -2.576.



In interval estimation, as the sample size becomes larger, the interval estimate - -
becomes narrower.In general, higher confidence levels provide larger confidence intervals.

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