Exam 4: Sampling and Estimation
Exam 1: Data and Business Decisions93 Questions
Exam 2: Descriptive Statistics and Data Analysis99 Questions
Exam 3: Probability Concepts and Distributions111 Questions
Exam 4: Sampling and Estimation123 Questions
Exam 5: Hypothesis Testing and Statistical Inference99 Questions
Exam 6: Regression Analysis93 Questions
Exam 7: Forecasting100 Questions
Exam 8: Introduction to Statistical Quality Control101 Questions
Exam 9: Building and Using Decision Models74 Questions
Exam 10: Decision Models With Uncertainty and Risk90 Questions
Exam 11: Decisions, uncertainty, and Risk100 Questions
Exam 12: Queues and Process Simulation Modeling97 Questions
Exam 13: Linear Optimization98 Questions
Exam 14: Integer, nonlinear, and Advanced Optimization Methods100 Questions
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Since the central limit theorem states that a normal distribution of sample means will result from virtually any underlying distribution,all of the following are true except ________.
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(Multiple Choice)
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Correct Answer:
A
Find the standard error of the mean when the population standard deviation is 2.4 and a sample of size 36 is taken.
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(Multiple Choice)
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Correct Answer:
C
What is the value of the finite population correction factor when a sample size of 125 was taken from a finite population of 500?
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(Multiple Choice)
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Correct Answer:
C
Two common subjective sampling methods are judgment sampling and convenience sampling.
(True/False)
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What sample size would be required to translate a population standard deviation from 2.9 to a standard error of the mean that is
of the standard deviation?

(Multiple Choice)
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For a sample size of 12,the degrees of freedom are ________.
(Multiple Choice)
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For a 95% confidence interval for a population mean,there is ________.
(Multiple Choice)
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If a confidence interval for a population mean is found to be wider than desired,the next step should be to ________.
(Multiple Choice)
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The risk that the confidence interval does not contain the population mean can be reduced by ________.
(Multiple Choice)
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What is the value of the finite population correction factor when a sample size of 25 was taken from a finite population of 101?
(Multiple Choice)
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A major consumer products company wants to measure the type and quantity of laundry detergent used by consumers.After choosing a suburban street at random,employees go door-to-door to every fifth house to ask for permission to view their laundry detergent supply.What sampling method is being used for this sampling plan?
(Multiple Choice)
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The chi-square distribution is different from the normal or t-distributions in that chi-square is ________.
(Multiple Choice)
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Without any prior information on the height of Christmas trees,how would you go about determining the 95% confidence interval for the population mean height of three-year-old Christmas trees?
(Essay)
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The α used to calculate a confidence interval can be understood as ________.
(Multiple Choice)
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A quality assurance technician has checked fifteen 2-liter bottles of a soft drink finding a 99% confidence interval of 1950 ml to 2025 ml for the mean fill volume.Which of the following is true?
(Multiple Choice)
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