Quiz 4 Statistika Ekonomi Dan Bisnis

Quiz-4-1
Quest 1
Which of the following is not a characteristic of
a probability density function f(x)?
A. f(x) ≥ 0 for all values of x.
B. f(x) is symmetric around the mean.
C. The area under f(x) over all values of x
equals one.
D. f(x) becomes zero or approaches zero if x
increases to +infinity or decreases to -
infinity.
Quest 2
How many parameters are needed to fully
describe any normal distribution?
A. 1
B. 2.
C. 3.
D. 4.
Quest 3
The probability that a normal random variable
is at least as its mean is ___.
A. > 0.5.
B. 0.5.
C. 1.0.
D. Cannot be determined.
Quest 4
Let X be normally distributed with mean μ and
standard deviation σ > 0. Which of the following is
true about the z value corresponding to a given x
value?
A. A positive z = (x − μ)/σ indicates how many
standard deviations x is above μ.
B. A negative z = (x − μ)/σ indicates how many
standard deviations x is below μ.
C. The z value corresponding to x = μ is zero.
D. All of the above.
Quest 5
It is known that the length of a certain product
X is normally distributed with μ = 20 inches.
How is the probability 𝑃 𝑋 > 16 related to
𝑃 𝑋 < 16 ?
A. 𝑃 𝑋 > 16 is greater than 𝑃 𝑋 < 16 .
B. 𝑃 𝑋 > 16 is smaller than 𝑃 𝑋 < 16 .
C. 𝑃 𝑋 > 16 is the same as 𝑃 𝑋 < 16 .
D. No comparison can be made with the given
information.
Quest 6
Selection bias in a sampling occurs when ________.
A. The population has been divided into strata.
B. Portions of the population are excluded from
the consideration for the sample.
C. Cluster sampling is used instead of stratified
random sampling.
D. Those responding to a survey or poll differ
systematically from the non-respondents.
Quest 7
How does the variance of the sample mean compare
to the variance of the population?
A. It is smaller and therefore suggests that averages
have less variation than individual observations.
B. It is larger and therefore suggests that averages
have less variation than individual observations.
C. It is smaller and therefore suggests that averages
have more variation than individual
observations.
D. It is larger and therefore suggests that averages
have more variation than individual observations.
Quest 8
What is the level of significance?
A. Probability of Type II error.
B. Probability of Type I error.
C. z-value of 1.96.
D. Beta error.
Quest 9
If the 1% level of significance is used and the
computed value of z is +6.00, what is our
decision?
A. Do not reject H0.
B. Reject H0.
C. Reject H1.
D. None of these.
Quest 10
What is the probability of making a Type II
error if the null hypothesis is actually true?
A. .
B. 1.
C. 0.
D. 0.05.
Quest 11
What do we call the statement that determines
if the null hypothesis is rejected?
A. Decision rule.
B. Test statistic.
C. Alternate hypothesis.
D. Critical value.
Quest 12
What is a Type II error?
A. Accepting a false null hypothesis.
B. Rejecting a false null hypothesis.
C. Accepting a false alternate hypothesis.
D. Rejecting a false alternate hypothesis.
Quest 13
If  = 0.05 for a two-tailed test, how large is
the acceptance area?
A. 0.050.
B. 0.025.
C. 0.950.
D. 0.975.
Quest 14
For a hypothesis test with an alternative
hypothesis: µ > 6,700, where is the rejection
region for the hypothesis test located?
A. Both tails.
B. Lower tail.
C. Upper tail.
D. Center.
Quest 15
In hypothesis testing, what is the level of
confidence?
A. Risk of rejecting the null hypothesis when
it is true.
B. Symbolized by the Greek letter "".
C. Symbolized by 1–.
D. All of these are true.
Quest 16
A fast-food franchise is considering building a restaurant at a
busy intersection. A financial advisor determines that the
site is acceptable only if, on average, more than 300
automobiles pass the location per hour. If the advisor tests
the hypotheses 𝐻0 : 𝜇 ≤ 300 𝑣𝑒𝑟𝑠𝑢𝑠 𝐻1 : 𝜇 > 300, 𝜇 stands for
A. The average number of automobiles that pass the
intersection per hour.
B. The number of automobiles that pass the intersection
per hour.
C. The proportion of automobiles that pass the
intersection per hour.
D. The standard deviation of the number of automobiles
that pass the intersection per hour.
Quest 17
When conducting a hypothesis test, which of the
following decisions represents an error?
A. Rejecting the null hypothesis when it is true.
B. Rejecting the null hypothesis when it is false.
C. Not rejecting the null hypothesis when it is true.
D. B and C.
Quest 18
If the chosen significance level is = 0.05, then
____________.
A. There is a 5% probability of rejecting a true null
hypothesis.
B. There is a 5% probability of accepting a true null
hypothesis.
C. There is a 5% probability of rejecting a false null
hypothesis.
D. There is a 5% probability of accepting a false null
hypothesis.
Quest 19
When conducting a hypothesis test for a given sample
size, if  is increased from 0.05 to 0.10, then _______.
A. The probability of incorrectly rejecting the null
increases.
B. The probability of incorrectly failing to reject the
null decreases.
C. The probability of Type II error decreases.
D. All of the above are correct.
Quest 20
If the null hypothesis is rejected at a 1% significance
level, then _____________.
A. The null hypothesis will be rejected at a 5%
significance level.
B. The alternative hypothesis will be rejected at a 5%
significance level.
C. The null hypothesis will not be rejected at a 5%
significance level.
D. The alternative hypothesis will not be rejected at a
5% significance level.

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