Pratima Education® 9898168041: D. Ratio
Pratima Education® 9898168041: D. Ratio
Pratima Education® 9898168041: D. Ratio
1. Scholastic Aptitude Test scores are an example of what type of measurement scale?
A. nominal
B. ordinal
C. interval
D. ratio
7. Convenience sampling is a
A. Non-Probability Sampling
B. Probability Sampling
C. Random sampling
D. None of the above
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9. When a person collects information from the entire population, this is called a _______.
A) Sample
B) Statistic
C) Census
D) Parameters
10. Statistics are usually represented by _______.
A. Greek letters
B. Roman letters
C. ordinal data
D. interval data
14. Upon discovering an improperly adjusted drill press, Jack Joyner, Director of Quality Control,
ordered a 100% inspection of all castings drilled on the evening shift. Jack is ordering a _________
A. sample of the castings
B. sorting of the castings
C. census of the castings
D. statistic from the castings
16. Which scale of measurement has these two properties: linear distance is meaningful and the location
of origin (zero) is absolute (natural)?
A. interval level
B. ordinal level
C. nominal level
D. ratio level
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18. A market research analyst has asked consumers to rate the appearance of a new package on a scale of
1 to 5. A 1 means that the appearance is awful while a 5 means that it is excellent. The level of this
data is usually considered _______.
A. nominal
B. ordinal
C. interval
D. ratio
20. Average revenue curve will not touch O-X axis because it cannot be –
A) Positive
B) Negative
C) Zero
D) None
22. The social security number of employees would be an example of what level of data measurement?
A. nominal
B. ordinal
C. interval
D. ratio
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C) Standard error
D) None
30. A market researcher is interested in determining the average income for families in Duval County,
Florida. To accomplish this, she takes a random sample of 400 families from the county and uses the
data gathered from them to estimate the average income for families of the entire county. This
process is an example of _______.
A. descriptive statistics
B. inferential statistics
C. intermediate statistics
D. a census
31. Which of the following is not a characteristic of Data?
A) Statistics are collected by enumeration or estimation
B) Statistics are placed in relation to each other
C) Human Being
D) Comparative Study
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32. Which type of statistics requires that the data be at least interval or ratio level data?
A. inferential statistics
B. descriptive statistics
C. nonparametric statistics
D. parametric statistics
33. Which of the levels of data measurement have the highest usage potential? That is, if you have this
level of data, you can analyze it in more ways than with other levels of data?
A. nominal
B. ordinal
C. interval
D. ratio
36. F-Test is used to test the significance of the difference between / among
A) Two sample mean
B) More than two sample mean
C) Variable of two sample
D) Both B and C
38. Mac User's magazine rates products for the Apple Macintosh on a scale from one mouse to five
mice. One mouse indicates low value/performance. Five mice indicate highest value/performance.
A. nominal
\B. interval
C. ratio
D. ordinal
39. Which of the following is the tool of measure of the variation of the items?
A) Mode
B) Dispersion
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C) Mean
D) Hypothesis
41. A company's Federal Tax I.D. is an example of ______ level of data measurement.
A. ratio
B. ordinal
C. rank order
D. nominal
42. A change in μ, Standard Deviation (σ) remaining the same, the normal curve
A) Shift the curve along the X axis
B) It changes the shape
C) It becomes symmetrical
D) None of the above
44. Belinda Bose is reviewing a newly proposed advertising campaign. Based on her 15 years’
experience, she believes the campaign has a 75% chance of significantly increasing brand name
recognition of the product. This is an example of assigning probabilities by the ________________
method.
A. subjective probability
B. relative frequency
C. classical probability
D. a priori probability
45. . The probability of a “2” on a fair toss of a fair die is 1/6. This is an example of assigning
probabilities by the ________________ method.
A. subjective probability
B. relative frequency
C. classical probability
D. empirical probability
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D. a complement
47. The list of all elementary events for an experiment is called _______.
A. the sample space
B. the exhaustive list
C. the population space
D. the event union
48. In a set of 10 aluminum castings, two castings are defective (D), and the remaining eight are
good (G). A quality control inspector randomly selects three of the ten castings with replacement,
and classifies each as defective (D) or good (G). Which of the following is an elementary event for
this experiment?
A. (D, D, G, G, G, G, G, G, G, G)
B. (D, D)
C. (G, G, G, G, G, G, G, G)
D. (D, D, D)
52. A financial analyst has randomly selected 200 companies from those traded on the NYSE. At the
end of each trading day, the analyst records the closing price for each of the 200 companies. These
200 measurements are an example of ______.
A. an ogive
B. grouped data
C. raw data
D. a stem and leaf plot
53. Which of the following is the non-random method of selecting samples from a population?
A) Stratified sampling
B) Systematic Sampling
C) Quota Sample
D) Cluster Sampling
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56. Which of the following is not the part of the subject matter of Business statistics?
A) Presentation of Data
B) Analysis of Data
C) Appointment
D) Interpretation of data
58. One rule that must always be followed in constructing frequency distributions is that _______.
A. the number of classes must be less than 10
B. each data point can only fall into one class
C. the width of each class is equal to the range
D. the number of intervals must be an odd number
59. If the two-regression coefficient are 0.8 and 0.2, then the value of coefficient of correlationis
A) +0.16
B) +0.40
C) -0.16
D) -0.40
60. The cumulative frequency for a class is 27. The cumulative frequency for the next (non-empty) class
will be _______.
A. less than 27
B. equal to 27
C. greater than 27
D. 27 minus the next class frequency
61. Which of the following would be most helpful if you wished to construct a pie chart?
A. a frequency distribution
B. a relative frequency distribution
C. a cumulative frequency distribution
D. an ogive
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62. Which of the following is an appropriate measure of central tendency for ordinal data?
A. standard deviation
B. mean
C. median
D. coefficient of variation
63. The lowest appropriate level of measurement for the mode is _________.
A. nominal
B. ordinal
C. interval
D. ratio
66. Which one of the following is not involved in the characteristics of Business?
A) Business ethics is a dynamic philosophy
B) Business ethics is based on moral value
C) Business ethics influenced by Sociocultural values
D) Business ethics is not inspired by social welfare
68. If the median of a distribution is greater than mean, then the distribution is _________.
A. not skewed
B. symmetrical about its mean
C. skewed to the left
D. skewed to the right
69. The five numbers used to construct a box and whisker plot are _______.
A. the mean, standard deviation, Q1, Q3, and the coefficient of variation
B. Q1, Q2, Q3, the least value of X, and the largest value of X
C. the mean, standard deviation, least value of X, largest value of X, and Q2
D. the coefficient of variation, IQR, mean, Q2, and mean absolute deviation
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72. If the occurrence of one event does not affect the occurrence of another event, then the two events
are _______.
A. mutually exclusive
B. complements
C. independent
D. elementary events
73. Pinky Bauer, Chief Financial Officer of Harrison Haulers, Inc., suspects irregularities in the payroll
system, and orders an inspection of "each and every payroll voucher issued since January 1, 1993."
Each payroll voucher was inspected and the following frequency distribution was compiled.
Errors Per Voucher Number of Vouchers
0-under 2500
2-under 4400
4-under 6300
6-under 8200
8-under 10 100
The distribution of errors per voucher is __________
A. symmetrical with respect to its mean
B. skewed to the right
C. not skewed
D. negatively skewed
74. ------- errors are made when we accept a null hypothesis which is not true
A) Type I
B) Type II
C) Both (A) and (B)
D) None
75. If the probability of inclusion of every unit of the population in the sample isequal, it is called
A) Simple Random Sampling
B) Stratified Random Sampling
C) Systematic Sampling
D) None of these
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76. Which one of the following is not included under the characteristics of useful hypothesis?
A) Empiricism
B) Sampling
C) Related with existing theories
D) Related with available techniques
78. For 3 x 2 contingency table, the degree of freedom for testing the hypothesis is
A) 6
B) 2
C) 3
D) 0
81. The statistical data in the original form before any statistical technique are used to refine, process or
summaries is called
A) Raw or Primary Data
B) Secondary Good
C) Finished Goods
D) Data
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B) Arranging
C) Sequencing
D) Sorting
84. the class of variable which can accept any value with in the upper and lower limit is classified as
A) posterior random variable
B) interior random variable
C) discrete random variable
D) continuous random variable
85. The types of probability distributions by taking their functions of considerations must include
A) posterior probability distribution
B) discrete probability distribution
C) continuous probability distribution
D) both b and c
87.The class of variable which can accept only the values from set of integers is classed as
A) discrete random variable
B) continuous random variable
C) posterior random variable
D) interior random variable
88.The sum of values of data is divided by total number of values is used to calculate
A) arithmetic mean
B) weighted average mean
C) geometric mean
D) harmonic mean
89. The number of observations is 11 and the value of arithmetic mean is 19 then sum of all values is
A) 30
B) 8
C) 173
D) 209
90. considering all the observations of arithmetic mean, the sum of squares of deviations must be less
than
A) sum of square from other quantity
B) sum of multiples of other quantity
C) sum of deviations from other quantity
D) cumulative frequency from other quantity
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91. The variability which is dined as the difference between third and rest quartile is considered as
A) Percentage range
B) Inter quartile range
C) Deciles range
D) Quartile range
92. If the large number of values lies in the central part of data table then the spread of values is measured
by
A) Percentage range
B) Inter quartile range
C) Deciles range
D) Quartile range
94. Considering the sample rather than population, the standard deviation is thus denoted by
A) Capital S
B) Small s
C) Ω
D) σ
95. if the calculated value of total sum of squares in sample variance is larger than the variation in data set
is considered as
A) smaller
B) Negative
C) Zero
D) Greater
96. The undesirable consequences which cause the estimated population variance to appear less as
compared to real results are classed as
A) undesired error
B) Bias
C) non-calculate error
D) non-zero error
97. The formula in which Σ(x-x‾)² is divided by one less than number of observations in sample is
classed as
A) cosecant of deviation
B) mean variance
C) sample variance
D) population variance
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99. Considering the mean, mode and skewness of data, the value of skewness will be positive if
A) mean>median
B) mean>mode
C) Mean
D) None
100. The kurtosis denes the weakness of the curve in the region which is
A) Around the Mean
B) Around Median
C) Around Mode
D) Around variance
101. In kurtosis, the beta is greater than three and quartile range is preferred for
A) mesokurtic distribution
B) mega curve distribution
C) Distribution
D) leptokurtic distribution
104. In kurtosis, the frequency curve that has attend top than normal curve of bell shaped distribution
is classed as
A) leptokurtic
B) mega curve
C) mesokurtic
D) Platykurtic
105. The probability of second event in the situation if the rest event has been occurred is classed as
A) series probability
B) joint probability
C) dependent probability
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D) Conditional Probability
108. The joint probability of two statistical dependent events Y and Z can be written as P(Y and Z) =
A) P(Z + Y) * P(Y|Z)
B) P(Y) * P(Z|Y) + P(Z)
C) P(Y)*P(Z/Y)
D) P(Y) * P(Z|Y) - P(Z + Y)
109. The marginal probability of independent events and dependent events must be
A) Same
B) Different
C) One
D) Two
110. According to combination rule, if the total number of outcomes are 'r' and distinct outcome
collection is 'n' then combinations are calculated as
A) r! ⁄ n! (n + r)!
B) n! /r! (n + r)!
C) r! ⁄ n! (n - r)!
D) None
111. The method of counting the outcomes in which the number of outcomes is determined while
considering the ordering is classed as
A. intersection combinations
B. union combinations
C. permutations
D. listed combination
112. The method of counting the outcomes in which the number of outcomes is determined without
taking care of the arrangement order is classed as
A. listed combinations
B. union combinations
C. Intersection Combination
D. unlisted combinations
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113. The way of getting information from measuring the observation whose outcomes occurrence is
on chance is called
A. random experiment
B. beta experiment
C. alpha experiment
D. gamma experiment
115. The variation in which outcomes of experiments are effected by uncontrolled factors is
considered as
A. mesokurtic variation
B. platykurtic variation
C. Random Variation
D. mesokurtic variation
117. The outcome of experiment which can be broken into more convenient list of outcomes is called
A) Simple Event
B) alpha event
C) gamma event
D) random event
118. Consider two events X and Y, the X-bar and Y-bar represents
A) occurrence of Y
B) occurrence of X
C) Non- Occurrence of X and Y
D) occurrence of X and Y
119. In measuring the probability of any certain event, the zero represents
A) possible events
B) certain event
C) Impossible Events
D) sample event
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C. intersection of A
D. A is equal to zero
121. In measuring the probability of any certain event, the one which is in the limit of probability
represents
A. sample event
B. certain event
C. impossible events
D. possible events
123. The measure of chance of an uncertain event in the form of numerical figures is classied as
A) Probability
B) Variability
C) Durability
D) likelihood
124. The approach in probability in which all outcomes from an experiment are equally likely to occur
or are mutually exclusive is called
A) durable approach
B) permanent approach
C) Classical Approach
D) temporary approach
125. If a coin is tossed one time then the probability of occurrence of heads is
A) 1 / 2
B) 1 / 1
C) 2 / 1
D) 2 /2
126. The number of favorable occurrences are divided by the total number of possible occurrences to
calculate
A. total outcomes of an event
B. Probability of an event
C. sample space of experiment
D. none of the above
127. The method in which the previously calculated probabilities are revised with new probabilities is
classied as
A) Baye theorem
B) updating theorem
C) revised theorem
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D) dependency theorem
128. The previous probabilities in Bayes Theorem that are changed with the help of new available
information are classied as
A. independent probabilities
B. posterior probabilities
C. interior probabilities
D. dependent probabilities
129. In binomial probability distribution, the dependents of standard deviations must include
A) probability of q
B) probability of p
C) trials
D) All of the above
131. The tail or head, the one or zero and the girl and boy are examples of
A) non-functional events
B) Complementary events
C) non complementary events
D) functional events
133. The distribution whose function is calculated by considering the Bernoulli trials that are infinite
In number is classified as
A) negative Poisson distribution
B) bimodal cumulative distribution
C) negative binomial probability distribution
D) common probability distribution
134. In the Poisson probability distribution, if the value of λ is integer then the distribution will be
A) Bimodal
B) Unimodal
C) Positive modal
D) Negative modal
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135. In a negative binomial distribution of probability, the random variable is also classified as
A) discrete random variable
B) Discrete waiting time random variable
C) continuous waiting time random variable
D) discrete negative binomial variable
136. The discrete probability distribution in which the outcome is very small with a very small period
of time is classified as
A. posterior distribution
B. cumulative distribution
C. Poisson Distribution
D. normal distribution
137. In the normal distribution, the z-score and z-statistic are classified as names of
A) Standardized normal random variable
B) Poisson random variable
C) normal geometric variable
D) weighted average variable
138. The probability distribution having shape of bell and in which the values of mean lies in center of
probability distribution is classified as
A) continuous distribution
B) normal distribution
C) discrete distribution
D) hyper geometric distribution
139. In the normal distribution, the normal curve becomes more wider and more atter because of
A) small value of variance
B) large value of variance
C) large value of standard deviation
D) small value of standard deviation
140. The successful life of product, the time, the weight and the height are classified as
A. discrete random variable
B. continuous waiting time variable
C. Continuous random variable
D. continuous hyper geometric variable
141. Considering the normal distribution, the spread is decreased and the height of the curve is
increased for the
A. larger value of standard deviation
B. smaller value of variance
C. Smaller value of Standard deviation
D. larger value of variance
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143. In the classification of probability distributions, the 'Erlang distribution' is also called
A) alpha distribution
B) beta distribution
C) gamma distribution
D) exponential distribution
145. Considering the normal distribution, the spread is increased and the height of the curve is
decreased for the
A. smaller value of variance
B. larger value of variance
C. larger value of standard deviation
D. smaller value of standard deviation
146. Around the central value of observations, the extent to which the values depart from normal
distribution is classified as
A. negative variation
B. positive variation
C. skewness
D. positive trailing
148. The formula in which the binomial distribution approaches normal probability distribution with
the help of normal variable is written as
A. x - qn divided by square root of pq
B. x- np devided by square root of npq
C. x + np divided by square root of np
D. x - pq divided by square root of npq
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149. Consider the probability distribution as standard normal, if the value of μ is 75, the value of x is
120 with the unknown standard deviation of distribution then the value of z-statistic
A) will be one
B) will be zero
C) will be negative
D) will be positive
150. If the value of x is less than μ of standard normal probability distribution then the
A. z-statistic is negative
B. z-statistic is positive
C. f(x) will be even number
D. f(x) will be prime number
151. When testing a hypothesis, a statistician initially assumes which of the following?
A) Null hypothesis is true
B) Null hypothesis is false
C) Alternative hypothesis is true
D) Alternative hypothesis is false
152. The region of the hypothesis test that divides the rejection and nonrejection regions is called
which of the following?
A) Critical Value
B) error region
C) confidence coefficient
D) level of significance
153. Consider the hypothesis test: H0: p ≥ 0.45 H1: p < 0.45 Which of the following statements best
describes this hypothesis test?
A) The hypotheses are not collectively exhaustive.
B) The hypotheses do not refer to a population parameter
C) The hypothesis are not formulated correctly
D) The hypotheses are not mutually exclusive
155. If you reject a true null hypothesis, what does this mean?
A) You have made a correct decision.
B) You have made a type I error
C) You have made a Type II error.
D) You have encountered beta (β) error.
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157. What test should a researcher use to determine whether there is evidence that the mean family
income in the U.S. is greater than $40,000?
A. Acceptance-Rejection test
B. Two-tail test
C. One- tail test
D. None of the above
158. In a hypothesis test, the probability of obtaining a value of the test statistic equal to or greater
than the value observed, given that the null hypothesis is true, is referred to as which of the following?
A) Type I error
B) Statistical power
C) Type II error
D) P-value
159. If the p-value is greater than alpha in a two-tail test, what conclusion should you draw?
A) A larger value of alpha should be used
B) A one-tail test should be used.
C) The null hypothesis should be rejected
D) The null hypothesis should not be rejected
160. If the p-value is less than alpha in a one-tail test, what conclusion should you draw?
A) A two-tail test should be used
B) A larger value of alpha should be used.
C) The null hypothesis should not be rejected
D) The null hypothesis should be rejected
161. If a one-tail Z test for a proportion is performed, what conclusion should be drawn if the upper
critical value is 2.33, and the test statistic is equal to 1.79?
A) The null hypothesis should be rejected.
B) The sample size should be decreased.
C) The null hypothesis should not be rejected
D) The alternate hypothesis cannot be rejected.
162. What determines how close the computed sample statistic has come to the hypothesized
population parameter
A) confidence coefficient
B) test statistic
C) level of significance
D) sample size
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164. In SPSS, where do you find the option for Spearman's Rho?
A) Analyze, Non-parametric tests.
B) Analyze, Regression, Linear
C) Analyze, correlation, Bivariate
D) Analyze, Descriptive statistics, Explore.
165. In SPSS, where will you find an alternative to the independent samples t-test?
A) Compare means - independent samples.
B) Non parametric tests - Legacy dialogs - U test.
C) Compare means - U test
D) Non parametric tests - Legacy dialogs - 2 independent samples
166. Match each non parametric test with the data it is suited for.
5.1 Kruskal-Wallis A Independent samples.
5.2 Friedman B Independent samples.
5.3 Mann Whitney C Related samples.
5.4 Wilcoxon DRelated samples.
Ans: - 1=A
2=C
3=B
4=D
168. Of the below non-parametric tests, which relies on the calculation of ranks?
A) Mann Whitney.
B) Spearman's Rho.
C) Wilcoxon.
D) All of the above
169. The test is calculated by ranking all of the participants scores from lowest tohighest and adding
up the ranks separately for each condition.
A) Mann whitney
B) Spearman’s Rho
C) Friedman’s ANOVA
D) Pearson’s
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170. The test is calculated by taking the difference between two sets of scores and ranking them from
highest to lowest.
A) Kruskal Wallis
B) Spearman's Rho
C) Independent t-test
D) Wilcoxon
171. Two events, X and Y, are complements. From this it can be deduced that _______.
A. X and Y are mutually exclusive
B. X and Y are collectively exhaustive
C. the intersection of X and Y is empty
D. all of the above
172. The Kruskal-Wallis is based upon the Wilcoxon test and the Friedman is based upon theMann
Whitney test.
A) True
B) False
173. Under what circumstances would you use a non- parametric test?
A) In a pilot study.
B) When your data does not meet the assumption for a parametric test
C) When you think your sample, size is too big.
D) When you do not really understand a parametric test.
176. hat statistic is used to check the significance of the Kruskal-Wallis test?
A) Partial η2
B) T
C) Chi Square
D) Mean rank.
177. What symbol may be used to represent the statistic resulting from a KruskalWallis analysis
completed by hand?
A) η2
B) Chi square
C) Σ
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D) H
178. The amount of time a patient waits in a doctor's office is an example of _________.
A. the normal distribution
B. the binomial distribution
C. a discrete random variable
D. a continuous random variable
180. Which of the following tests would you use to assess whether there is a significant difference
between the mean ranks of two conditions?
A) Spearman's Rho.
B) Wilcoxon
C) Kruskal-Wallis.
D) Friedman.
182. Where in SPSS would you find the option for conducting a Kruskal-Wallis test?
A) Non-parametric tests - Legacy Dialogs - independent samples.
B) General linear model - non-parametric tests.
C) Non parametric test- Legacy Dialogs – K independent samples.
D) Non-parametric test- Legacy Dialogs – sample KW
183. You have carried out a Kruskal-Wallis test. There are significant differences between thethree
groups you are testing. How might you conduct your pairwise comparisons?
A) Use the Wilcoxon test.
B) Use the Mann Whitney test
C) Use a t-test
D) None of the above
184. You have conducted a study comparing Army, Navy and RAF cadets on a measure of leadership
skills. There are unequal group sizes and the data is skewed so you need to use anon-parametric test.
Which test would you choose?
A) Mann Whitney.
B) Kruskal-Wallis
C) Friedman
D) Wilcoxon
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185. Poisson probabilities may be calculated in Excel worksheets by using the _________ function.
A. =poissondist()
B. =poissonprobabilty()
C. =poissonprob()
D. =poisson()
186. We are using a regression model to make a height prediction for a child of a specified age. If we
wish to generate an interval for our regression line that covers our prediction of the height of our “next
pick” of a child with 95% certainty, we would use a:
A) confidence interval
B) prediction interval
C) neither
D) either
187. For a given sample, a 50% confidence interval for the mean is narrower than a 90% confidence
interval for the mean.
A) True
B) False
188. In the context of linear regression, R2 tells us the proportion of total variability that can be
explained by our model.
A) False
B) True
190. If we randomly select 5 dorms in which to set up security cameras, and we see that crime has
decreased in all 5 dorms, we can conclude that the security cameras caused the decrease in crime.
A) False
B) True
191. Consider our studies of confidence intervals. Fill in the blanks with “random” or “fixed.”
A) The parameter is Fixed
B) The statistic is Random
C) The interval is Random
192. Which of the following would be expected to result in a larger standard error of the mean?
(A) a larger sample sizes
(B) a smaller sample sizes
(C) a smaller population standard deviation
(D) a larger population standard deviation
(E) Choices (B) and (C)
193. Which of the following is/are true about the p value? (Circle all that apply)
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A) Indicates the probability of seeing the observed result, and results more extreme, by chance alone
(given that the null hypothesis is true).
B) Indicates the probability that the null hypothesis is true.
C) Rules out the role of bias and/or confounding
D) Indicates that the results observed are of medical or public health significance
194. In a hypothesis testing about a population mean, the p value is found to be 0.04. Which of the
following is/are true about the population mean? Assume that the population mean given the null
hypothesis is µo. Circle all that apply.
A) The 95% confidence interval includes the µo
B) The 99% confidence interval includes the µo
C) The 90% confidence interval includes the µo
D) All of the above are true
195. A house cleaning service claims that it can clean a four-bedroom house in less than 2 hours. A
sample of n = 36 houses is taken and the sample mean is found to be 1.97 hours and the sample
standard deviation is found to be 0.1 hours. Using a 0.05 level of significance the correct conclusion is:
A) Reject the null because the test statistic (-1.8) is < the critical value (-1.64)
B) do not reject the null because the test statistic (-1.8) is < the critical value (- 1.64).
C) reject the null because the test statistic (-1.8) is > the critical value (-1.96).
D) do not reject the null because the test statistic (-1.8) is > the critical value (- 1.96).
198. As the degrees of freedom for the t distribution increase, the distribution approaches
A) value of zero for the mean.
B) The normal distribution
C) The t distribution
D) The binomial distribution.
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203. For the grouped data in calculation of moments from mean, the formula to calculate this
measure is
A) ²⁄n Σn(x+mean) r
B) ²⁄n Σn(x+mean)x
C) 1/n Σf(x-mean)r
D) ²⁄n Σf(x-mean)
204. The formula written as quartile deviation divided by sum of third and rst quartile is used to
calculate
A) Co-efficient of quartile deviation
B) coefficient t of quartiles
C) coefficient of inter quartiles
D) coefficient of central tendency
205. The formula of calculating moment about means for the origin or zero is
A) 1/n Σfx r
B) ³⁄ Σfx n
C) Σfx r
D) ²⁄ Σfx
206. The formula of calculating mean for the negative binomial probability distribution is
A) q⁄p
B) P⁄Q
C) p⁄r
D) r/p
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207. For the set of values, the percentage of values that lies within population mean plus four
standard deviations of population is
A) 83.75%
B) 93.75%
C) 95%
D) 98.75%
208. The theorem which states least percentage of values that fall within z standard deviations is
Classified as
A) sampling Theorem
B) Chebyshev’s Theorem
C) Person Theorem
D) Population Theorem
209. The formula which considers the relationship between set of observations, standard deviation
and mean is classified as
A) Empirical Value
B) Normal rule
C) Both A and C
D) None
210. The measuring theorem which helps in determining proportion of observations for specie interval
of mean and standard deviation is classified as
A) sampling Theorem
B) Chebyshev’s Theorem
C) Person Theorem
D) Population Theorem
211. If sampling is performed without replacement, the hypergeometric distribution should be used.
However, the binomial may be used to approximate this if _______.
A. n > 5%N
B. n < 5%N
C. the population size is very small
D. there are more than two possible outcomes of each trial
212. The number of phone calls arriving at a switchboard in a 10 minute time period would best be
modeled with the _________.
A. binomial distribution
B. hypergeometric distribution
C. Poisson distribution
D. hyper binomial distribution
213. Considering the set of observations, the percentage of values that lies within population mean
plus two standard deviations is
A) 60%
B) 55%
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C) 75%
D) 85%
214. The coefficient of skewness method in which the basis of measuring is deciles and percentiles is
classified as
A. Gary's coefficient of skewness
B. Kelly’s co-efficient of skewness
C. Sharma's coefficient of skewness
D. Jack Karl's coefficient of skewness
215. The three times of difference between mean and median is divided by standard deviation to
calculate coefficient of skewness by method of
A. Professor Keller
B. Karl Pearson
C. Professor Bowley
D. Professor Kelly
217. : The method of calculating coefficient of skewness by Karl Pearson method is useful for the type
of distributions that are
A) non concentrated
B) open ended
C) close ended
D) concentrated
218. The distribution whose mode is not well defined and the classes of distribution are open ended
uses the coefficient of skewness by
A) Karl Pearson
B) Professor Kelly
C) Professor Bowley
D) Professor Keller
219. The coefficient of skewness by Karl Pearson, Professor Kelly and professor Bowley are considered
as
A) Relative Measure of skewness
B) absolute measure of skewness
C) concentrated measure of skewness
D) directed measure of skewness
220. According to empirical rule, the standard deviation and mean interval that covers approximately
99.75% of data from a frequency distribution is
A. 4μ±4σ
B. 3μ±3σ
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C. μ±3σ
D. 2μ±2σ
221. The shape of frequency distribution constructed in consideration of empirical rule is classified as
A) Bell Shaped
B) tower shape
C) wing shape
D) fi sh shape
224. According to empirical rule, the mean and standard deviation interval that covers approximately
95.45% of data from a frequency distribution is
A. μ±σ
B. 2μ±2σ
C. 3μ±2σ
D. μ±2σ
226. According to empirical rule, the standard deviation and mean interval that covers approximately
68.27% of data from a frequency distribution is
A) μ ±σ
B) 2μ±2σ
C) 3μ±2σ
D) 4μ±4σ
227. A z score is the number of __________ that a value is from the mean.
A. variances
B. standard deviations
C. units
D. miles
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230. When a null hypothesis is rejected, the probability of committing a Type II error is _______.
A.
B.
C. 0
D. 1 -
233. When the rod shearing process at Stockton Steel is "in control" it produces rods with a mean
length of 120 inches. Periodically, quality control inspectors select a random sample of 36 rods. If
the mean length of sampled rods is too long or too short, the shearing process is shut down. The last
sample showed a mean of 120.2 inches. The population standard deviation is 1.2 inches. Using =
0.05, the appropriate decision is _________.
A. do not reject the null hypothesis and shut down the process
B. do not reject the null hypothesis and do not shut down the process
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234. The executives of Carefree Insurance, Inc. feel that "a majority of our employees perceive a
participatory management style at Carefree." A random sample of 200 Carefree employees is
selected to test this hypothesis at the 0.05 level of significance. Eighty employees rate the
management as participatory. The appropriate decision is __________.
A. do not reject the null hypothesis
B. reject the null hypothesis
C. reduce the sample size
D. increase the sample size
235. American First Banks' policy requires consistent, uniform training of employees at all banks.
Consequently, David Desreumaux, VP of Human Resources, is planning a survey of mean employee
training time in the Southeast region (population 1) and the Southwest region (population 2). His
null hypothesis is ___________.
A. 1 - 2 = 0
B. 1 - 2 < 0
C. 1 - 2 0
D. 1 - 2 > 0
236. American First Banks' policy requires consistent, uniform training of employees at all banks.
Consequently, David Desreumaux, VP of Human Resources, is planning a survey of mean employee
training time in the Southeast region (population 1) and the Southwest region (population 2). His
alternate hypothesis is _______.
A. 1 - 2 = 0
B. 1 - 2 < 0
C. 1 - 2 0
D. 1 - 2 > 0
237. Abel Alonozo, Director of Human Resources, is exploring employee absenteeism at the Plano
(population 1) and the Palestine (population 2) Piano Plants. Previous studies indicate no difference
in employee absenteeism at the two plants. (The mean number of days absent per employee was the
same at each plant.) His staff randomly selected personnel records of 49 employees from each plant,
and reported the following: x 1 = 7 days and x 2 = 8 days. Assume that 1 = 3 and
2 = 2. With a two-tail test and = .01, the appropriate decision is _________________.
238. Lucy Baker is analyzing demographic characteristics of two television programs, COPS
(population 1) and 60 Minutes (population 2). Previous studies indicate no difference in the ages of
the two audiences. (The mean age of each audience is the same.) Her staff randomly selected 100
people from each audience, and reported the following: x 1 = 43 years and x 2 = 45 years. Assume
that 1 = 5 and 2 = 8. With a two-tail test and = .05, the appropriate decision is ____________.
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240. Bigshots, Inc. is a specialty e-tailer that operates 87 catalog Web sites on the Internet. Kevin
Conn, Sales Director, feels that the style (color scheme, graphics, fonts, etc.) of a Web site may
affect its sales. He chooses three levels of design style (neon, old world, and sophisticated) and
randomly assigns six catalog Web sites to each design style. Kevin's experimental design is a
________.
A. factorial design
B. random block design
C. completely randomized design
D. normalized block design
242. In designed experiments for analysis of variance, independent variables are also
called_____________.
A. response variables
B. factors
C. cofactors
D. mitigating variables
243. Pate's Pharmacy, Inc. operates a regional chain of 120 pharmacies. Each pharmacy's floor plan
includes a greeting card department which is relatively isolated. Sandra Royo, Marketing Manager,
feels that the level of lighting in the greeting card department may affect sales in that department.
She chooses three levels of lighting (soft, medium, and bright) and randomly assigns six pharmacies
to each lighting level. In Sandra's experiment "lighting" is _______.
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244. While reviewing staffing plans for a new pilot plant, Colin Chenaux, VP of Operations at Clovis
Chemicals, Inc., designed an experiment to test the effects of "supervisor's style" and "training
method" on the productivity of operators. The treatment levels were: (1) authoritarian, and
participatory for supervisor's style, and (2) technical manuals, training films, and multimedia for
training method. Three qualified applicants were randomly selected and assigned to each of the six
cells. In Colin's experiment, "supervisor's style" is _____________.
A. the dependent variable
B. a blocking variable
C. a treatment variable
D. a surrogate variable
245. In experimental design, a characteristic of the subjects that was present prior to the experiment
and is not the result of the experimenter’s manipulations or control is called a _____________.
A. classification variable
B. treatment variable
C. dummy variable
D. response variable
246. While reviewing staffing plans for a new pilot plant, Colin Chenaux, VP of Operations at Clovis
Chemicals, Inc., designed an experiment to test the effects of "supervisor's style" and "training
method" on the productivity of operators. The treatment levels were: (1) authoritarian, and
participatory for supervisor's style, and (2) technical manuals, training films, and multimedia for
training method. Three qualified applicants were randomly selected and assigned to each of the six
cells. In Colin's experiment, "operator productivity" is _____________.
A. a concomitant variable
B. a treatment variable
C. the dependent variable
D. a blocking variable
247. Pate's Pharmacy, Inc. operates a regional chain of 120 pharmacies. Each pharmacy's floor plan
includes a greeting card department which is relatively isolated. Sandra Royo, Marketing Manager,
feels that the lighting level in the greeting card department may affect sales in that department. She
divides the 120 pharmacies into 3 groups (urban, suburban, and rural) and randomly assigns six
pharmacies to each lighting level (soft, medium, and bright). In Sandra's experiment "pharmacy
location (urban, suburban, rural)" is ________.
A. a surrogate variable
B. the dependent variable
C. a treatment variable
D. a blocking variable
248. In a chi-square goodness-of-fit test, theoretical frequencies are also called _______ frequencies.
A. actual
B. expected
C. empirical
D. observed
249. The decision rule in a chi-square goodness of fit test is to reject the null hypothesis if _______.
A. the computed chi-square is less than the table chi-square
B. the computed chi-square is greater than the table chi-square
C. the computed chi-square is greater than zero
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250. A variable contains five categories. It is expected that data are uniformly distributed across these
five categories. To test this, a sample of observed data is gathered on this variable resulting in
frequencies of 27, 30, 29, 21, 24. Using = .01, the appropriate decision is _______.
A. reject the null hypothesis that the observed distribution is uniform
B. reject the null hypothesis that the observed distribution is not uniform
C. accept the null hypothesis that the observed distribution is uniform
D. accept the null hypothesis that the observed distribution is not uniform
251. A two-way table used for a test of independence is sometimes called a _______.
A. contingency table
B. frequency table
C. row/column table
D. dining room table
252. Contingency tables should not be used with expected cell frequencies _______.
A. less than the number of rows
B. less than the number of columns
C. less than 5
D. less than 30
253. A cost accountant is developing a regression model to predict the total cost of producing a batch
of printed circuit boards as a linear function of batch size (the number of boards produced in one lot
or batch). The intercept of the accountant’s model is ______.
A. batch size
B. unit variable cost
C. fixed cost
D. total cost
254. A real estate appraiser is developing a regression model to predict the market value of single
family residential houses as a function of heated area. The independent variable is the _______.
A. heated area
B. number of bedrooms
C. market value
D. value of comparables
255. Data points that lie apart from the rest of the points are called _______.
A. intercepts
B. residuals
C. squared errors
D. outliers
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257. A standard deviation of the error of the regression model is called the _______.
A. coefficient of determination
B. sum of squares of error
C. standard error of the estimate
D. r-squared
260. In regression analysis, the dependent variable is also known as the ________.
A. predictor variable
B. explanatory variable
C. exogenous variable
D. response variable
A. a response variable
B. a dependent variable
C. a quantitative variable
D. an indicator variable
262. Outliers may be the result of ___________.
A. using a large sample
B. data recording mistakes
C. using too many independent variables
D. using too few independent variables
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265. Charles Clayton monitors the daily performance of his investment portfolio by
recording a “+” or a “-“ to indicate whether the portfolio’s value increased or decreased
from the previous day. His record for the last eighteen business days is “- + + - - - + - - + +
+ + + + + + -“. The number of runs in this sample is _________.
A. seven
B. six
C. four
D. three
266. The Mann-Whitney and the Wilcoxon tests are both used to test to compare the means
of two populations. Which of these should be used if the samples are related?
A. Mann-Whitney
B. Wilcoxon
C. neither
D. both of theses may be used
267. Correlation coefficients may be computed for parametric and nonparametric data. If
the data are nonparametric, which of the following should be used?
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SHORT SUMS
269. For testing of hypothesis Ho: M, = M, and H, : M, < M2, the critical value of z at 5%
level ofsignificance when size of sample is more than 30 is
A) 1.96
B) 1.645
C) 2.32
D) 2.5758
271.In the two units of company, the employees in unit one are 650 and monthly salary is $2750, the
employees in unit two are 700 and monthly salary is $2500 then the combined arithmetic mean
is
A) $2,620
B) $2,520
C) $2,420
D) $2,320
272.The value of Σfx is 180, A= 22, and width of class interval is 5, arithmetic mean is 120 then the
observations are
A) 59
B) 30
C) 39.5
D) 49
274.If the value of rst quartile is 49 and the value of third quartile is 60 then value of inter quartile
range is
A) 4
B) 11
C) 21
D) 31
275.The value of third quartile is 72, second quartile is 52 and the rst quartile is 45 then quartile
deviation is
A) 18
B) 16.5
C) 14
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D) 13.5
277.The total revenue (in crores) of ve leather goods companies are as two companies have revenues
between 10-20, one company has revenue between 20-30 and one company has revenue
between 30- 40 then the standard deviation is
A) 7.9
B) 6.9
C) 5.9
D) 4.9
278.The price of gasoline for three days are as 98, 96, 97, 100 then the value of standard deviation
with the assumed mean method is
A) 15
B) 1
C) 10
D) 11
279.If total sum of square is 20 and the sample variance is 5 then total number of observations are
A) 15
B) 25
C) 35
D) 4
280.In manufacturing company, the number of employees in unit A is 40, the mean is USD $6400 and
thenumber of employees in unit B is 30 with the mean of Rs. 5500 then the combined arithmetic
mean is
A) 9500
B) 8000
C) 7014.29
D) 6014.29
281.Consider a set of observations whose mean is 14 and the mode of the same set of observations is
12 then the values of skewness around central value are
A) 2
B) 26
C) 1.667
D) 168
282.The mode of set of 20 observations is 18 and the skewness of observations around central value is
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284.If a brown sack consists of 4 white balls and 3 black balls then the probability of one randomly
drawn ball will be white is
A) 1 ⁄7
B) 4 ⁄ 4
C) 4/3
D) 4/7
285.The number of products manufactured in a factory in a day are 3500 and the probability that some
pieces are defected is 0.55 then the mean of binomial probability distribution is
A) 6364
B) 63.64
C) 3500
D) 1925
286.The 2600 applications for home mortgage are received by a bank and the probability of approval is
0.78 then the standard deviation of binomial probability distribution is
A) 446.16
B) 2028
C) 546.16
D) D. 646.16
288.The mean of binomial probability distribution is 857.6 and the probability is 64% then the number
of values of binomial distribution
A) 1340
B) 1040
C) C. 1240
D) 1140
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289. If the value of p is smaller or lesser than 0.5 then the binomial distribution is classied as
A) Skewed to right
B) skewed to left
C) skewed to infinity
D) skewed to integers
292.In binomial probability distribution, the success and failure generated by the trial is respectively
denoted by
A) P and q
B) a and b
C) p + q
D) p – q
293.If the value of success in binomial probability distribution is 0.40 and failure is 0.60 and the number
of values in distribution are 5 then the moment coefficient of skewness is
A) 0.467
B) 0.167
C) 0.267
D) 0.367
294.If the mean of binomial probability distribution is 25 then the mean of Poisson probability
distribution is
A) 25
B) 50
C) 75
D) 100
295.If the value of failure in binomial probability distribution is 0.70 and success is 0.30 and the number
of values in distribution are 7 then the moment coefficient of kurtosis is
A) 0.51
B) 0.18
C) 0.28
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D) 0.48
296.If the number of trials is 8 and the probability of success are 0.65 then the mean of negative
probability distribution is
A) 8.65
B) 12.31
C) 5.2
D) 7.35
297.If the value of interval a is 2.5 and the value of interval b is 3.5 then the value of mean for uniform
distribution is
A) 0.5
B) 2.5
C) 3
D) 3.5
298.For a rectangular or uniform distribution, the value of interval a is 7 and the value of interval b is 8
then the value of mean for the distribution is
A) 1.33
B) 2.33
C) 3.33
D) 4.33
299.If the value of interval a is 4 and the value of interval b is 5 then the variance of uniform
distribution is
A) 0.75
B) 4.75
C) 5.75
D) 6.75
300.If the value of x for normal distribution is 35, the mean of normal distribution is 65 and the
standard deviation is 25 then the standardized random variable is
A) −1.5
B) – 1.2
C) – 1.7
D) – 4
301.If the z-score of normal distribution is 2.5, the mean of the distribution is 45 and the standard
deviation of normal distribution is 3 then the value of x for a normal distribution is
A) 97.5
B) 47.5
C) 67.5
D) 37.5
302.The standard normal probability distribution has mean equal to 40, whereas the value of random
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variable x is 80 and the z-statistic is equal to 1.8 then the standard deviation of standard normal
probability distribution is
A) 120
B) 80
C) 40
D) 20
303.If you were performing a two-tail t test with a sample size of 24, what would the critical t value be
if alpha was chosen as 5%?
A) 1.711
B) 2.069
C) 1.714
D) 1.96
304.A two-tail hypothesis test for a population mean with a sample size of 100 and alpha equal to 0.05
has a rejection region equal to which of the following?
A) z > 1.64
B) z<-1.96 and z>1.96
C) z > 1.96
D) z < -1.64 and z > 1.64
305.If you achieved a p-value of 0.04 on a two-tailed test, what would the equivalent one-tailed p-
valuebe?
A) 0.002
B) 0.02
C) 0.06
D) 0.2
306.The probability that a region prone to hurricanes will be hit by a hurricane in any single year is 0.1.
What is the expected number of hurricanes to hit the area in the next 90 years?
A) 9
B) 3
C) 8.1
D) 2.85
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308.Chili Robinson, Director of Quality Control, is concerned about the variability in a drilling
process. The process should produce 1" holes in aluminum castings. A sample of ninety
castings are drilled and inspected. Data collected from measuring the ninety holes were
compiled to form the following frequency distribution.
Hole Diameter Number of Holes
(inches)
0.85-under 0.90 10
0.90-under 0.95 20
0.95-under 1.00 30
1.00-under 1.05 20
1.05-under 1.10 10
The percentage of holes under 1" in diameter was _____________.
A. 33%
B. 60%
C. 67%
D. 50%
309.Chili Robinson, Director of Quality Control, is concerned about the variability in a drilling
process. The process should produce 1" holes in aluminum castings. A sample of ninety
castings are drilled and inspected. Data collected from measuring the ninety holes were
compiled to form the following frequency distribution.
Hole Diameter Number of Holes
(inches)
0.85-under 0.90 10
0.90-under 0.95 20
0.95-under 1.00 30
1.00-under 1.05 20
1.05-under 1.10 10
The midpoint of the third-class interval is _____________.
A. 1.025
B. 25
C. 35
D. 0.975
310.The Worldwide PC market is very competitive. In 1998 unit-shipment market shares were: Dell
8.2%; Compaq 13.4%; Gateway 3.8%; Hewlett-Packard 5.9%; IBM 8.4%; and others 60.3%.
The best graphic depiction of these data would be ___________________.
A. a pie charts
B. a histogram
C. a frequency polygon
D. an ogive
311.Liz Chapa manages a portfolio of 250 common stocks. Her staff compiled the following
frequency distribution of dividends received (in $/share) during the previous year.
Dividends Number of Stocks
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($/share)
$0-under $0.50 25
0.50-under 1.00 50
1.00-under 1.50 100
1.50-under 2.00 50
2.00-under 2.50 25
Construct a frequency polygon of the dividend frequency distribution on the following grid.
312. Chili Robinson, Director of Quality Control, is concerned about the variability in a drilling
process. The process should produce 1" holes in aluminum castings. A sample of ninety
castings are drilled and inspected. Measurements from the ninety holes were compiled to
form the following frequency distribution.
Hole Diameter (inches) Number of Holes
0.85-under 0.90 10
0.90-under 0.95 20
0.95-under 1.00 30
1.00-under 1.05 20
1.05-under 1.10 10
Construct a cumulative frequency ogive on the following grid.
313.Each day, the office staff at Oasis Quick Shop prepares a frequency distribution and a histogram
of sales transactions by dollar value of the transactions. Friday's histogram follows.
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On Tuesday, the approximate number of sales transactions between $100 and $150 was
_____________.
A. 100
B. 200
C. 300
D.400
314.The staff of Mr. Wayne Wertz, VP of Operations at Portland Peoples Bank, prepared a
frequency histogram of waiting time for walk-in customers.
A. 20
B. 30
C. 100
D. 180
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315.The staff of Ms. Tamara Hill, VP of Technical Analysis at Blue Sky Brokerage, prepared a
frequency histogram of market capitalization of the 937 corporations listed on the American
Stock Exchange in January 2003.
Number of Issues
600
400
200
0
$100 $200 $300 $400 $500
Market Capitalization
($1,000,000)
317.A commuter travels many miles to work each morning. She has timed this trip 5 times during
the last month. The time (in minutes) required to make this trip was 44, 39, 41, 35, and 41.
The mean time required for this trip was 40 minutes. What is the standard deviation for this
sample data?
A. 3.32
B. 2.97
C. 1.73
D. 11
318.Abel Alonzo, Director of Human Resources, is exploring employee absenteeism at the Batesville
Bottling during the last operating year. A sample of six personnel records produced the
following data: 0, 2, 4, 7, 2, 9. The mean number absences per employee is ____________.
A. 3
B. 2
C. 5.5
D. 4
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319.Abel Alonzo, Director of Human Resources, is exploring employee absenteeism at the Batesville
Bottling during the last operating year. A sample of six personnel records produced the
following data: 0, 2, 4, 7, 2, 9. The variance of the number absences per employee is
____________.
A. 11.6
B. 9.67
C. 3.41
D. 3.11
320.Abel Alonzo, Director of Human Resources, is exploring employee absenteeism at the Batesville
Bottling during the last operating year. A sample of six personnel records produced the
following data: 0, 2, 4, 7, 2, 9. The standard deviation of the number absences per employee is
____________.
A. 11.6
B. 9.67
C. 3.41
D. 3.11
321.Jessica Salas, president of Salas Products, is reviewing the warranty policy for her company's
new model of automobile batteries. Life tests performed on a sample of 100 batteries
indicated: (1) an average life of 75 months, (2) a standard deviation of 5 months, and (3)
battery life is approximately normally distributed. Approximately 95% of the batteries will last
between ________________.
A. 70 and 80 months
B. 60 and 90 months
C. 65 and 85 months
D. 55 and 95 months
322.The ages of students in a class have been put into the frequency distribution below.
Age Number of Students
18 3
19 5
20 28
21 4
What is the modal age of these students?
A. 18
B. 19
C. 20
D. 21
323.Pinky Bauer, Chief Financial Officer of Harrison Haulers, Inc., suspects irregularities in the
payroll system, and orders an inspection of "each and every payroll voucher issued since
January 1, 1993." Each payroll voucher was inspected and the following frequency distribution
was compiled.
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324.David Desreumaux, VP of Human Resources of American First Banks (AFB), is reviewing the
employee training programs of AFB banks. His staff compiled the following table of regional
statistics on teller training hours.
Southeast Region Southwest Region
Mean 20 28
Median 20 20
Mode 20 21
Standard Deviation 5 7
What can David conclude from these statistics?
325.Consider the following sample space, S, and several events defined on it. S = {Albert, Betty,
Abel, Jack, Patty, Meagan}, and the events are: F = {Betty, Patty, Meagan}, H = {Abel, Meagan},
and P = {Betty, Abel}. F H is _____.
A. {Meagan}
B. {Betty, Abel, Patty, Meagan}
C. empty, since F and H are complements
D. empty, since F and H are independent
326. Let A be the event that a student is enrolled in an accounting course, and let S be the event
that a student is enrolled in a statistics course. It is known that 30% of all students are enrolled
in an accounting course and 40% of all students are enrolled in statistics. Included in these
numbers are 15% who are enrolled in both statistics and accounting. A student is randomly
selected, what is the probability that the student is enrolled in either accounting or statistics or
both?
A. 0.15
B. 0.85
C. 0.70
D. 0.55
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327. Let A be the event that a student is enrolled in an accounting course, and let S be the event
that a student is enrolled in a statistics course. It is known that 30% of all students are enrolled
in an accounting course and 40% of all students are enrolled in statistics. Included in these
numbers are 15% who are enrolled in both statistics and accounting. From this information, it
can be concluded that _______.
A. A and S are mutually exclusive
B. A and S are independent
C. A and S are complements
D. A and S are not independent
328. Abel Alonzo, Director of Human Resources, is exploring employee absenteeism at the Plano
Power Plant. Ten percent of all plant employees work in the finishing department; 20% of all
plant employees are absent excessively; and 7% of all plant employees work in the finishing
department and are absent excessively. A plant employee is selected randomly; F is the event
"works in the finishing department;" and A is the event "is absent excessively." P(A F) =
_____________.
A. 0.07
B. 0.10
C. 0.20
D. 0.23
329. Given P(A) = 0.25, P(B) = 0.40, P(A B) = 0.10. Find P(B|A).
A. 0.20
B. 0.50
C. 0.40
D. 0.65
330. Meagan Dubean manages a portfolio of 200 common stocks. Her staff classified the portfolio
stocks by 'industry sector' and 'investment objective.'
Investment Industry Sector
Objective Electronics Airlines Healthcare Total
Growth 84 21 35 140
Income 36 9 15 60
Total 120 30 50 200
Which of the following is true?
A. Growth and Healthcare are complementary events.
B. Electronics and Growth are independent.
C. Electronics and Growth are mutually exclusive.
D. Airlines and Healthcare are collectively exhaustive.
331. Of 10 people on a student newspaper staff, 6 are familiar with a particular word processing
package. If three people are randomly selected and assigned to work as a team, how many
ways could a team be selected in which one was familiar with the word processing package and
the other two were not?
A. 24
B. 120
C. 20
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D. 36
332. Pinky Bauer, Chief Financial Officer of Harrison Haulers, Inc., suspects irregularities in the
payroll system, and orders an inspection of a random sample of vouchers issued since January
1, 1993. A sample of ten vouchers is randomly selected, without replacement, from the
population of 2,000 vouchers. Each voucher in the sample is examined for errors; and x is the
number of sample vouchers with errors. If 20% of the population of vouchers contain errors,
P(x>0) is _______________.
A. 0.8171
B. 0.1074
C. 0.8926
D. 0.3020
333. Dorothy Little purchased a mailing list of 2,000 names and addresses for her mail order
business, but after scanning the list she doubts the authenticity of the list. She randomly
selects five names from the list for validation. If 40% of the names on the list are not authentic,
and x is the number on non-authentic names in her sample, the expected (average) value of x is
______________.
A. 2.50
B. 2.00
C. 1.50
D. 1.25
334. If x is a binomial random variable with n=8 and p=0.6, the standard deviation of x is
_________.
A. 4.8
B. 3.2
C. 1.92
D. 1.39
335. If x is a binomial random variable with n=8 and p=0.2, the variance of x is ________.
A. 1.6
B. 1.28
C. 4
D. 0.96
336. If x is a binomial random with n=8 and p=0.6, what is the probability that x is equal to 5?
A. 0.625
B. 0.279
C. 0.209
D. 0.300
337. If x is a binomial random with n=10 and p=0.4, what is the probability that x is greater than
2?
A. 0.167
B. 0.833
C. 0.215
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D. 0.800
338. On Saturdays, cars arrive at Sami Schmitt's Scrub and Shine Car Wash at the rate of 6 cars per
fifteen-minute interval. Using the Poisson distribution, the probability that five cars will arrive
during the next five-minute interval is _____________.
A. 0.1008
B. 0.0361
C. 0.1339
D. 0.1606
339. Suppose a committee of 3 people is to be selected from a group consisting of 4 men and 5
women. What is the probability that one man and two women are selected?
A. 0.15
B. 0.06
C. 0.33
D. 0.48
340. Circuit boards for wireless telephones are etched, in an acid bath, in batches of 100 boards.
A sample of seven boards is randomly selected from each lot for inspection. A particular batch
contains two defective boards; and x is the number of defective boards in the sample. P(x=2) is
_______.
A. 0.1315
B. 0.8642
C. 0.0042
D. 0.6134
342. If x is uniformly distributed over the interval 8 to 12, inclusively (8 x 12), then the
mean( ) of this distribution is __________________.
A. 10
B. 20
C. 5
D. incalculable
343. If x is uniformly distributed over the interval 8 to 12, inclusively (8 x 12), then P(x 10) is
__________________.
A. 0.750
B. 0.000
C. 0.333
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D. 0.500
344. If x is uniformly distributed over the interval 20 to 30, inclusively (20 x 30), then the mean
( ) of this distribution is __________________.
A. 50
B. 25
C. 10
D. 5
345. If x is uniformly distributed over the interval 20 to 30, inclusively (20 x 30), then P(21.75
x 24.25) is __________________.
A. 0.250
B. 0.333
C. 0.375
D. 0.000
346. If x is uniformly distributed over the interval 20 to 30, inclusively (20 x 30), then P(x 24)
is __________________.
A. 0.100
B. 0.000
C. 0.333
D. 0.600
347. Helen Casner, a labor relations arbitrator, feels that the amount of time needed to arbitrate a
labor dispute is uniformly distributed over the interval 4 to 24 hours, inclusively (4 x 24).
Accordingly, the probability that a labor dispute will require between 8 and 16 hours,
inclusively, for arbitration is ____________.
A. 0.3333
B. 0.6667
C. 0.4000
D. 0.2000
348. If x is a normal random variable with mean 80 and standard deviation 5, calculate the z score
if x=72.
A. 1.8
B. -1.8
C. 1.6
D. -1.6
349. Suppose x is a normal random variable with mean 60 and standard deviation 2. A z score was
calculated for a number, and the z score is 3.4. What is x?
A. 63.4
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B. 56.6
C. 66.8
D. 53.2
350. Let z be a normal random variable with mean 0 and standard deviation 1. Use the normal
tables to find P(z < 1.3).
A. 0.4032
B. 0.9032
C. 0.0968
D. 0.3485
351. Let x be a normal random variable with mean 40 and standard deviation 8. Find P(32 < x <
44).
A. 0.4672
B. 0.0328
C. 0.1498
D. 0.5328
352. Within a range of z scores from -2 to +2, you can expect to find _______ per cent of the
values in a normal distribution.
A. 95
B. 99
C. 68
D. 34
353. Let z be a normal random variable with mean 0 and standard deviation 1. The 90 th percentile
of z is__?
A. 1.645
B. -1.254
C. 1.960
D. 1.280
354. Suppose the alternative hypothesis in a hypothesis test is "the population mean is greater
than 60". If the sample size is 80 and alpha = .01, the critical value of z is _______.
A. 2.575
B. -2.575
C. 2.33
D. -2.33
355. Suppose you are testing the null hypothesis that a population mean is less than or equal to
80, against the alternative hypothesis that the population mean is greater than 80. If the
sample size is 49 and alpha =.05, the critical value of z is _______.
A. 1.645
B. -1.645
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C. 1.96
D. -1.96
356. A researcher has a theory that the average age of managers in a particular industry is over
35-years-old, and he wishes to prove this. The null hypothesis to conduct a statistical test on
this theory would be ____________.
A. the population mean is < 35
B. the population mean is > 35
C. the population mean is = 35
D. the population mean is > 35
357. Jennifer Cantu, VP of Customer Services at Tri-State Auto Insurance, Inc., monitors the claims
processing time of the claims division. Each week, her staff randomly selects a sample of 60
claims and tests the null hypothesis that the "mean processing time is 5 days or less." Jennifer
chooses a 0.05 level of significance, the critical z value is _____.
A. 1.96
B. -1.96
C. 1.645
D. -1.645
A. -3.00
B. 3.00
C. -0.33
D. 0.33
359. In performing a hypothesis test where the null hypothesis is that the population mean is 6.9
against the alternative hypothesis that the population mean is not equal to 6.9, a random
sample of 16 items is selected. The sample mean is 7.1 and the sample standard deviation is
2.4. It can be assumed that the population is normally distributed. The observed "t" value for
this problem is _______.
A. 0.05
B. 0.20
C. 0.33
D. 1.33
360. The diameter of 3.5 inch diskettes is normally distributed. Periodically, quality control
inspectors at Dallas Diskettes randomly select a sample of 16 diskettes. If the mean diameter
of the diskettes is too large or too small the diskette punch is shut down for adjustment;
otherwise, the punching process continues. The last sample showed a mean and standard
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deviation of 3.49 and 0.08 inches, respectively. Using = 0.05, the critical "t" values are
_______.
A. -2.120 and 2.120
B. -2.131 and 2.131
C. -1.753 and 1.753
D. -1.746 and 1.746
361. A political scientist wants to prove that a candidate is currently carrying more than 60% of
the vote in the state. She has her assistants randomly sample 200 eligible voters in the state by
telephone and only 90 declare that they support her candidate. The observed z value for this
problem is _______.
A. -4.33
B. 4.33
C. 0.45
D. -.31
362. The executives of CareFree Insurance, Inc. feel that "a majority of our employees perceive a
participatory management style at CareFree." A random sample of 200 CareFree employees is
selected to test this hypothesis at the 0.05 level of significance. Eighty employees rate the
management as participatory. The null hypothesis is __________.
A. n = 30
B. n = 200
C. p 0.50
D. p < 0.50
363. Restaurateur Denny Valentine is evaluating two sites, Raymondville and Rosenberg, for his
next restaurant. He wants to prove that Raymondville residents (population 1) dine out more
often than Rosenberg residents (population 2). Denny commissions a market survey to test
this hypothesis. The market researcher used a random sample of 64 families from each suburb,
and reported the following: x 1 = 15 times per month and x 2 = 14 times per month. Assume
that 1 = 2 and 2 = 3. With = .01, the appropriate decision is _________________.
A. reject the null hypothesis 12 < 22
B. accept the alternate hypothesis 1- 2
C. reject the alternate hypothesis n1 = n2 = 64
D. fail to reject the null hypothesis 1 - 2 = 0
364. Assume that two independent random samples of size 100 each are taken from a population
that has a variance of 36. What is the probability that the difference in the sample means is
greater than 1?
A. 0.1190
B. 0.3810
C. 0.7200
D. 0.3600
365. A researcher wants to estimate the difference in the means of two populations. A random
sample of 36 items from the first population results in a sample mean of 430. A random
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sample of 49 items from the second population results in a sample mean of 460. The
population standard deviations are 120 for the first population and 140 for the second
population. From this information, a point estimate of the difference of population means can
be computed as _______.
A. -30
B. 46
C. 43
D. -13
366. A researcher wishes to determine the difference in two population means. To do this, she
randomly samples 9 items from each population and computes a 90% confidence interval. The
sample from the first population produces a mean of 780 with a standard deviation of 240. The
sample from the second population produces a mean of 890 with a standard deviation of 280.
Assume that the values are normally distributed in each population. The point estimate for the
difference in the means of these two populations is _______.
A. -110
B. 40
C. -40
D. 0
368. A researcher is conducting a matched-pairs study. She gathers data on each pair in the study
resulting in:
Pair Group 1 Group 2
1 10 12
2 8 9
3 11 11
4 8 10
5 9 12
Assume that the data are normally distributed in the population. The level of significance is
selected to be 0.10. If a two-tailed test is performed, the null hypothesis would be rejected if
the observed value of t is _______.
A. less than -1.533 or greater than 1.533
B. less than -2.132 or greater than 2.132
C. less than -2.776 or greater than 2.776
D. less than -1.860 or greater than 1.860
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369. A researcher is estimating the average difference between two population means based on
matched-pairs samples. She gathers data on each pair in the study resulting in:
Pair Group 1 Group 2
1 10 12
2 8 9
3 11 11
4 8 10
5 9 12
Assume that the data are normally distributed in the population. To obtain a 90% confidence
interval, the table t value would be _______.
A. 1.86
B. 1.397
C. 1.533
D. 2.132
370. A researcher is estimating the average difference between two population means based on
matched-pairs samples. She gathers data on each pair in the study resulting in:
Pair Group 1 Group 2
1 10 12
2 8 9
3 11 11
4 8 10
5 9 12
Assume that the data are normally distributed in the population. A 95% confidence interval
would be _______.
A. -3.02 to -0.18
B. -1.6 to -1.09
C. -2.11 to 1.09
D. -2.11 to -1.09
371. Pate's Pharmacy, Inc. operates a regional chain of 120 pharmacies. Each pharmacy's floor
plan includes a greeting card department which is relatively isolated. Sandra Royo, Marketing
Manager, feels that the level of lighting in the greeting card department may affect sales in that
department. She chooses three levels of lighting (soft, medium, and bright) and randomly
assigns six pharmacies to each lighting level. Analysis of Sandra's data yielded the following
ANOVA table.
Source of Variation SS df MS F
Treatment 3608.33 2 1804.16
3 7
Error 13591.6 15 906.111
7 1
Total 17200 17
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372. Cindy Ho, VP of Finance at Discrete Components, Inc. (DCI), theorizes that the discount level
offered to credit customers affects the average collection period on credit sales. Accordingly,
she has designed an experiment to test her theory using four sales discount rates (0%, 2%, 4%,
and 6%) by randomly assigning five customers to each sales discount rate. An analysis of
Cindy's data produced the following ANOVA table.
Source of Variation SS df MS F
Treatment 1844.2 3 614.733 7.56827
3 7
Error 1299.6 16 81.225
Total 3143.8 19
373. Cindy Ho, VP of Finance at Discrete Components, Inc. (DCI), theorizes that the discount level
offered to credit customers affects the average collection period on credit sales. Accordingly,
she has designed an experiment to test her theory using four sales discount rates (0%, 2%, 4%,
and 6%) by randomly assigning five customers to each sales discount rate. An analysis of
Cindy's data produced the following ANOVA table.
Source of Variation SS df MS F
Treatment 5.35 3 1.78333
3
Error 177.2 16 11.075
Total 182.55 19
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374. Data from a completely randomized design are shown in the following table.
Treatment Level
1 2 3
27 26 27
26 22 29
23 21 27
24 23 26
375. Data from a completely randomized design are shown in the following table.
Treatment Level
1 2 3
5 4 6
6 9 3
4 7 4
2 6 2
7 5 5
376. For the following ANOVA table, the MS Treatment value is ___________.
Source of Variation SS df MS F
Treatment 4
Error 360
Total 440 16
A. 2
B. 200
C. 76
D. 8a
377. A chi-square goodness of fit test is to be performed. The degrees of freedom are 17, and
alpha is 0.01. The table chi-square value that defines the rejection region is _______.
A. 33.409
B. 24.769
C. 10.085
D. 30.995
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378. A chi-square goodness of fit test is to be performed to see if data fit the Poisson distribution.
There are 8 categories, and lambda must be estimated. How many degrees of freedom should
be used?
A. 8
B. 7
C. 6
D. 5
379. A researcher believes that a variable is Poisson distributed across six categories. To test this,
a random sample of observations is made for the variable resulting in the following data:
Category 0 1 2 3 4 >5
Observed 7 18 25 17 12 5
Using = is .10, the value of the calculated chi-square for the data is _______.
A. 19.37
B. 2.29
C. 1.74
D. 3.28
380. Sami Schmitt believes that number of cars arriving at his Scrub and Shine Car Wash have a
Poisson distribution. He collected a random sample and constructed the following frequency
distribution to test his hypothesis.
Using = 0.05, the appropriate decision for this goodness-of-fit test is ____.
A. reject the null hypothesis that the observed distribution is Poisson
B. reject the null hypothesis that the observed distribution is not Poisson
C. accept the null hypothesis that the observed distribution is not Poisson
D. accept the null hypothesis that the observed distribution is Poisson
381. Ophelia O'Brien, VP of Consumer Credit of American First Banks (AFB), monitors the default
rate on personal loans at the AFB member banks. One of her standard's is "no more than 5% of
personal loans should be in default." On each Friday, the default rate is calculated for a sample
of 500 personal loans. Last Friday's sample contained 30 defaulted loans. Using = 0.01, the
appropriate decision is _______.
A. reject the null hypothesis p > 0.05
B. accept the null hypothesis p 0.05
C. reject the null hypothesis > 30
D. accept the null hypothesis 30
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382. The executives of CareFree Insurance, Inc. feel that "a minority of our employees perceive an
authoritarian management style at CareFree." A random sample of 200 CareFree employees is
selected to test this hypothesis. Eighty employees rate the management as authoritarian.
Using = 0.05, the appropriate decision is ________.
A. accept the null hypothesis p > 0.50
B. reject the null hypothesis p 0.50
C. reject the null hypothesis > 80
D. accept the null hypothesis 80
383. Anita Cruz recently assumed responsibility for a large investment portfolio. She wonders
whether industry sector influences investment objective. Her staff prepared the following
contingency table from a random sample of 200 common stocks.
A. 9.21
B. 7.88
C. 15.09
D. 5.99
384. A gasoline distributor wonders whether an individual’s income levels influences the grade of
gasoline purchased.
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D. -3
386. regression model was developed, and the intercept was 21.4 while the slope was -.4. For this
it can be determined that _______.
A. the coefficient of correlation is positive
B. the coefficient of correlation is negative
C. the coefficient of determination is negative
D. the coefficient of determination is zero
387. In a regression analysis, SST = 200 and SSR = 0. For this analysis, r2 = _____.
A. 0.25
B. 0.75
C. 0.00
D. 1.00
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B. -1.25
C. 1.36
D. 14.41
392. A manager wants to predict the cost (y ) of travel for salespeople based on the number of
days (x ) spent on each sales trip. The following model has been developed: y = $400 + 120x .
If a trip took 7 days, the predicted cost of the trip is _____________.
A. 840
B. 1,240
C. 527
D. 3,640
df SS MS F p-value
Regression 2 121783 60891.4 14.7611 0.00028
8 7 6
Residual 15 61876.6 4125.11
8 2
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Total 17 183659.
6
df SS MS F p-value
Regression 2 121783 60891.48 14.76117 0.000286
Residual 15 61876.68 4125.112
Total 17 183659.6
395. The following ANOVA table is from a multiple regression analysis with n = 35 and four
independent variables.
Source df SS MS F p
Regressio 700
n
Error
Total 1000
A. 700.00
B. 350.00
C. 233.33
D. 175.00
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Source df SS MS F p
Regressio 5 2000
n
Error 25
Total 2500
df SS MS F p-value
Regression 526373. 263186. 73.1853
2 3 7 4 1.18E-09
Residual 68327.1 3596.16
19 7 7
Total 594700.
21 5
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df SS MS F p-value
Regression 2 526373.3 263186.7 73.18534 1.18E-09
Residual 19 68327.17 3596.167
Total 21 594700.5
A. 753.77
B. 1,173.00
C. 460.97
D. 615.13
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