Exam 9: Sampling Distributions

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As n gets ____________________, the shape of the sampling distribution of Xˉ\bar { X } becomes increasingly bell shaped.

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If all possible samples of size n are drawn from an infinite population with standard deviation 8, then the standard error of the sample mean equals 1.0 if the sample size is 64.

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NARRBEGIN: Average Annual Revenue Average Annual Revenue Suppose that the average annual revenue of a small business is $150,000 with a standard deviation of $40,000. Assume that the revenue distribution is normal.NARREND -{Average Annual Revenue Narrative} What is the probability that one business selected at random makes less than $120,000?

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NARRBEGIN: Average Annual Revenue Average Annual Revenue Suppose that the average annual revenue of a small business is $150,000 with a standard deviation of $40,000. Assume that the revenue distribution is normal.NARREND -{Average Annual Revenue Narrative} Could you have used a normal distribution to find an (approximate) probability for the average of 4 revenues if the population of revenues did not have a normal distribution?

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If two random samples of sizes n1 and n2 are selected independently from two non-normally distributed populations, then the sampling distribution of the sample mean difference, Xˉ1Xˉ2\bar { X } _ { 1 } - \bar { X } _ { 2 } , is

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Consider an infinite population with a mean of 100 and a standard deviation of 20. A random sample of size 64 is taken from this population. The standard deviation of the sample mean equals 2.50.

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When a great many simple random samples of size n are drawn from a population that is normally distributed, the sampling distribution of the sample mean is normal regardless of the sample size n.

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A sample of size 200 is taken at random from an infinite population. Given that the population proportion is 0.60, the probability that the sample proportion is less than 0.58 is

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Given an infinite population with a mean of 75 and a standard deviation of 12, the probability that the mean of a sample of 36 observations, taken at random from this population, is less than 78 is:

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The standard error of the mean for a sample of 100 is 25. In order to cut the standard error of the mean in half (to 12.5) we must:

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The estimator of the probability of success in a binomial distribution is: ____________________.

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NARRBEGIN: Average Annual Revenue Average Annual Revenue Suppose that the average annual revenue of a small business is $150,000 with a standard deviation of $40,000. Assume that the revenue distribution is normal.NARREND -{Average Annual Revenue Narrative} Why are your answers to the previous two questions different?

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As the size of the sample is increased, the standard error of Xˉ\bar { X } decreases.

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The finite population correction is not needed if the population size is large relative to the sample size. As a rule of thumb, we will treat any population that is at least ____________________ times larger than the sample size as large.

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A sample of size n is selected at random from an infinite population. As n increases, which of the following statements is true?

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A sampling distribution is a probability distribution for a statistic, not a parameter.

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As a general rule, the normal distribution is used to approximate the sampling distribution of the sample proportion only if the sample size n is greater than or equal to 30.

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NARRBEGIN: Retirees Retirees A sample of 50 retirees is drawn at random from a normal population whose mean age and standard deviation are 75 and 6 years, respectively.NARREND -(Retirees Narrative} Describe the shape of the sampling distribution of the sample mean in this case.

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In general, the binomial probability P(X \ge x) is approximated by the area under the normal curve to the left of x - .5.

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NARRBEGIN: Barack Obama Barack Obama Bill Clinton, the former President of the United States, believes that the proportion of voters who will vote for Barack Obama in the year 2012 presidential elections is 0.65. A sample of 500 voters is selected at random.NARREND -{Barack Obama Narrative} Assume that Gore is correct and p = 0.65. What is the sampling distribution of the sample proportion p~\tilde{ p } ? Explain.

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