MATH 533 Final Exam
1. (TCO D) Putting People to Work has a growing business placing out-of-work MBAs. They claim they can place a client in a job in their field in less than 36 weeks. You are ……the following data from a sample.
Sample size: 100 – Population standard deviation: 5 – Samp...
math 533 final exam 1 tco d putting people to work has a growing business placing out of work mbas they claim they can place a client in a job in their field in less than 36 weeks you are ……the
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MATH/GM 533 Final ExamI I I
1. (TCO ID) IPuttingPeople2Work Ihas Ia Igrowing Ibusiness Iplacing Iout-of-work IMBAs. IThey
Ic laim Ithey Ican Iplace Ia Iclient Iin Ia Ijob Iin Itheir Ifield Iin Iless Ithan I36 Iweeks. IYou Iare Igiven Ithe
Ifollowing Idata Ifrom Ia Isample.
Sample Isize: I100
Population Istandard Ideviation: I5
ISample Imean: I34.2
Formulate Ia Ihypothesis Itest Ito Ievaluate Ithe Iclaim. I(Points I: I10)
IHo: Iµ I= I36; IHa: Iµ I≠ I36
(A) Range I(5 Ipoints);
(B) Median I(5 Ipoints); Iand
(C) The Irange Iof Ithe Idata Ithat Iwould Icontain I68% Iof Ithe Iresults. I(5 Ipoints).
IRaw Idata: Isales/month I(Millions Iof I$)
23
45
34
34
56
67
54
34
45
56
23
19
Descriptive IStatistics: ISales
Variable Total ICount Mean StDev Variance Minimum Maximum Range
ISales 12 40.83 15.39 236.88 19.00 67.00 48.00
Stem-and-Leaf IDisplay: ISales
IStem-and-leaf Iof ISales IN I= I12
ILeaf IUnit I= I1.0
1 1 9
3 2 33
3 2
6 3 444
6 3
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