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BUS 302L – Statistics Exam Study Guide with Complete Solutions

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BUS 302L – Statistics Exam Study Guide with Complete Solutions e. none of the above - Answer-Which is the following is correct? a. The probability of a type I error is β. b. The probability of a type II error is (1 - β). c. The probability of a type II error is α. d. The probability of a...

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  • October 3, 2024
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  • BUS 302L
  • BUS 302L
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BUS 302L – Statistics Exam Study Guide
with Complete Solutions

e. none of the above - Answer✔✔-Which is the following is correct?




a. The probability of a type I error is β.




b. The probability of a type II error is (1 - β).




c. The probability of a type II error is α.




d. The probability of a type I error is (1 - α).




e. none of the above


d. all the lenses sold by the manufacturer. - Answer✔✔-A manufacturer of contact lenses is studying the

curvature of the lenses it sells. In particular, the last 500


lenses sold had an average curvature of 0.5. The population is




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a. the 500 lenses.




b. 0.5.




c. the lenses sold today.




d. all the lenses sold by the manufacturer.




e. none of the above


a. one standard deviation - Answer✔✔-According to the empirical rule, the bell or mound shaped

distribution will have approximately 68% of the


data within what number of standard deviations of the mean?




a. one standard deviation




b. two standard deviations




c. three standard deviations



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d. four standard deviations




e. none of the above


c. binomial - Answer✔✔-A random sample of 5 mosquitos is sampled. The number of mosquitos carrying

the West Nile Virus in the


sample is an example of which random variable?




a. normal




b. student's t




c. binomial




d. uniform




e. none of the above




Page 3/40

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a. the age of a typical voter. - Answer✔✔-A political scientist is studying voters in California. It is

appropriate for him to use a mean to describe




a. the age of a typical voter.




b. the party affiliation of a typical voter.




c. the sex of a typical voter.




d. the county of residence of a typical voter.




e. none of the above


a. the expected value - Answer✔✔-The long-run average of a random variable is




a. the expected value




b. the coefficient of determination




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