Math 534 quiz - Study guides, Class notes & Summaries

1. Question: Classify each of the following as nominal, ordinal, interval, or ratio data. 2. Question: The activity or the process of collecting the data on the population is called . 3. Question: A company wants to learn the customers’ purchase habits of buying certain products. This company did a survey about a random 1000 customers, who were asked about the times they purchased the certain products within one month. Then what is the data in this example: 4. Question: Researchers often wi...

1. Question: If X = {1, 2, 4, 8, 9, 10, 16} and Y = {3, 4, 7, 9, 15}, then X ∩ Y is _________. 2. Question: If the occurrence of one event precludes the occurrence of another other event, then the two events are ______________. 3. Question: A listing of all elementary outcomes (i.e. the outcomes which cannot be broken down into other events) of an experiment (i.e. a decision making situation under uncertainty) is called a _____________. 4. Question: The probability that an event, Event A, o...

2. Scoresonacertainexamarenormallydistributedwithameanof90andavarianceof25.99.8 7. AccordingtoanNRFsurveyconductedbyBIGresearch,theaveragefamilyspendsabout $23 8. AccordingtotheAirTransportAssociationofAmerica,theaverageoperatingcostofanMD 10. Selectionofthesamplesbasedontheconvenienceoftheresearcherisanexampleof non random sampling 14. TheAluminumAssociationreportsthattheaverageAmericanuses56.8poundsofalumin 16. Ifreasonablylargesizedsamples(i.e.,samplesof30elementsormore)aredrawnfroma ...

1. Question: If X = {1, 2, 4, 8, 9, 10, 16} and Y = {3, 4, 7, 9, 15}, then X ∩ Y is _________. 2. Question: If the occurrence of one event precludes the occurrence of another other event, then the two events are ______________. 3. Question: A listing of all elementary outcomes (i.e. the outcomes which cannot be broken down into other events) of an experiment (i.e. a decision making situation under uncertainty) is called a _____________. 4. Question: The probability that an event, Event A, o...

1. Question: In a hypothesis test, the test statistic computed from the sample data is considered extreme or significant if it is __________ 2. Question: A test of the hypotheses, H0: p = 0.18 and H1: p ≠ 0.18 is a _______________. 3. Question: An analyst tested the null hypothesis µ ≥ 30 against the alternative hypothesis that µ < 30. The analyst reported a p-value of 0.07. For what significance level of α will the null hypothesis would be rejected? 4. Question: The dean of a busi...

1. Question: A value of -1 for the coefficient of correlation between two variables means that the two variables are _____________. 2. Question: If there is positive correlation between two sets of numbers, then ____________-. 3. Question: If the correlation coefficient between variables X and Y is roughly zero, then ___________. 4. Question: Determine the Pearson product-moment correlation coefficient for the following data. 5. Question: A quality manager is developing a regression model to...

1. Question: In a hypothesis test, the test statistic computed from the sample data is considered extreme or significant if it is __________ 2. Question: A test of the hypotheses, H0: p = 0.18 and H1: p ≠ 0.18 is a _______________. 3. Question: An analyst tested the null hypothesis µ ≥ 30 against the alternative hypothesis that µ < 30. The analyst reported a p-value of 0.07. For what significance level of α will the null hypothesis would be rejected? 4. Question: The dean of a busi...

1. Question: In a hypothesis test, the test statistic computed from the sample data is considered extreme or significant if it is __________ 2. Question: A test of the hypotheses, H0: p = 0.18 and H1: p ≠ 0.18 is a _______________. 3. Question: An analyst tested the null hypothesis µ ≥ 30 against the alternative hypothesis that µ < 30. The analyst reported a p-value of 0.07. For what significance level of α will the null hypothesis would be rejected? 4. Question: The dean of a busi...

1. Question: Given a random variable X follows a Normal distribution with mean 10 and standard deviation 2. Question: Scores on a certain exam are normally distributed with a mean of 90 and a variance of 25. 3. Question: A normal distribution is defined by two parameters, the mean and the Standard Deviation 4. Question: If for a certain x value in a normal distribution with mean equal to 4 the z-value is such that Larger than 4 5. Question: Suppose X is normally distributed with mean 50 and ...

1. Question: Classify each of the following as nominal, ordinal, interval, or ratio data. 2. Question: The activity or the process of collecting the data on the population is called . 3. Question: A company wants to learn the customers’ purchase habits of buying certain products. This company did a survey about a random 1000 customers, who were asked about the times they purchased the certain products within one month. Then what is the data in this example: 4. Question: Researchers often wi...