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BUAL 2650 Gupta FINAL Exam 1 ALL Questions and Verified Solutions Latest Update This Year

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BUAL 2650 GUPTA EXAM 1 ALL QUESTIONS
AND VERIFIED SOLUTIONS LATEST UPDATE
THIS YEAR
QUESTION: When the population is normally distributed, population standard deviation σ is

known, and the sample size is n = 50, the confidence interval for the population mean μ is

based on ___________


◦ the z (normal) distribution.


◦ the binomial distribution.


◦ the Poisson distribution.


◦ the t distribution. - ANSWER-the z (normal) distribution




QUESTION: what is the central limit theorem? - ANSWER-the sampling distribution of any

statistic will be normal or nearly normal, if the sample size is large enough




QUESTION: Type 1 Error - ANSWER-false positive




QUESTION: Type II Error - ANSWER-false negative




1

, Page 2 of 43


QUESTION: Which of the following statements is not a property of the normal probability

distribution?


•A) The normal distribution is symmetric.


•B) 95.44 percent of all possible observed values of the random variable x are within plus or

minus three standard deviations of the population mean.


•C) The mean, median, and mode are equal.


•D) The area under the normal curve to the right of the mean is equal to the area under the

normal curve to the left of the mean.


•E) All of these answers are properties of the normal distribution - ANSWER-95.44 percent of all

possible observed values of the random variable x are within plus or minus three standard

deviations of the population mean.




A standard normal distribution has a mean of ________ and standard deviation of ________. -

ANSWER-zero, one




QUESTION: The area under the normal curve between z = 0 and z = 1 is ________ the area

under the normal curve between z = 1 and z = 2. - ANSWER-greater than




QUESTION: DF = - ANSWER-n - 1


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, Page 3 of 43




QUESTION: P(z<2.13)= - ANSWER-0.9834




QUESTION: P(z>1.5)= - ANSWER-0.0668




QUESTION: P(-1<z<1)= - ANSWER-0.6826




QUESTION: ________ is rejecting H0 when H0 is true. - ANSWER-a type 1 error




QUESTION: When the population is normally distributed, population standard deviation σ is

unknown, and the sample size is n = 15, the confidence interval for the population mean μ is

based on ___________


◦ the z (normal) distribution.


◦ the binomial distribution.


◦ the Poisson distribution.


◦ the t distribution. - ANSWER-the t distribution




3

, Page 4 of 43


QUESTION: A confidence interval for the population mean is an interval constructed around the

________.


A)z test statistic


B)population mean


C)sample mean


D)t test statistic - ANSWER-sample mean




QUESTION: When the population is normally distributed, population standard deviation σ is

unknown, and the sample size is n = 12, the confidence interval for the population mean μ is

based on _______.


A) the z (normal) distribution.


B) the t distribution.


C) the binomial distribution.


D) the Poisson distribution - ANSWER-the t distribution




QUESTION: . When testing a hypothesis about a single mean, if the sample size is 51 and the

population standard deviation is known, the correct test statistic to use is ________


A) r



4

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