Exam 7: Sampling Distributions
Exam 1: Defining and Collecting Data205 Questions
Exam 2: Organizing and Visualizing Variables212 Questions
Exam 3: Numerical Descriptive Measures163 Questions
Exam 4: Basic Probability171 Questions
Exam 5: Discrete Probability Distributions117 Questions
Exam 6: The Normal Distribution144 Questions
Exam 7: Sampling Distributions127 Questions
Exam 8: Confidence Interval Estimation187 Questions
Exam 9: Fundamentals of Hypothesis Testing: One-Sample Tests177 Questions
Exam 10: Two-Sample Tests300 Questions
Exam 11: Chi-Square Tests128 Questions
Exam 12: Simple Linear Regression209 Questions
Exam 13: Multiple Regression307 Questions
Exam 14: Business Analytics254 Questions
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The amount of time it takes to complete an examination has a left skewed distribution with a mean of 65 minutes and a standard deviation of 8 minutes.If 64 students were randomly sampled, the probability that the sample mean of the sampled students exceeds 71 minutes is approximately 0.
(True/False)
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The sample proportion is an unbiased estimator for the population proportion.
(True/False)
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The owner of a fish market has an assistant who has determined that the weights of catfish are normally distributed, with mean of 3.2 pounds and standard deviation of 0.8 pound.If a sample of16 fish is taken, what would the standard error of the mean weight equal?
(Multiple Choice)
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At a computer manufacturing company, the actual size of a computer chip is normally distributed with a mean of 1 centimeter and a standard deviation of 0.1 centimeter.A random sample of 12 computer chips is taken.What is the probability that the sample mean will be between 0.99 and1.01 centimeters?
(Short Answer)
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At a computer manufacturing company, the actual size of a computer chip is normally distributed with a mean of 1 centimeter and a standard deviation of 0.1 centimeter.A random sample of 12 computer chips is taken.What is the probability that the sample mean will be below 0.95 centimeters?
(Short Answer)
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Suppose = 80 and = 20 for a population.In a sample where n = 100 is randomly taken, 95% of all possible sample means will fall above 76.08.
(True/False)
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SCENARIO 7-4
According to a survey, only 15% of customers who visited the web site of a major retail store made a purchase.Random samples of size 50 are selected.
-Referring to Scenario 7-4, what is the probability that a random sample of 50 will have at least30% of customers who will make a purchase after visiting the web site?
(Short Answer)
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Major league baseball salaries averaged $3.26 million with a standard deviation of $1.2 million in a certain year in the past.Suppose a sample of 100 major league players was taken.Find the approximate probability that the mean salary of the 100 players was no more than $3.0 million.
(Multiple Choice)
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Sales prices of baseball cards from the 1960s are known to possess a right skewed distribution with a mean sale price of $5.25 and a standard deviation of $2.80.Suppose a random sample of100 cards from the 1960s is selected.Describe the sampling distribution for the sample mean sale price of the selected cards.
(Multiple Choice)
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Suppose = 50 and = 10 for a population.In a sample where n = 100 is randomly taken, 95% of all possible sample means will fall between 48.04 and 51.96.
(True/False)
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Which of the following is true regarding the sampling distribution of the mean for a large sample size?
(Multiple Choice)
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The owner of a fish market has an assistant who has determined that the weights of catfish are normally distributed, with mean of 3.2 pounds and standard deviation of 0.8 pound.If a sample of64 fish yields a mean of 3.4 pounds, what is probability of obtaining a sample mean this large or larger?
(Multiple Choice)
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Why is the Central Limit Theorem so important to the study of sampling distributions?
(Multiple Choice)
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As the size of the sample is increased, the standard deviation of the sampling distribution of the sample mean for a normally distributed population will stay the same.
(True/False)
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Which of the following statements about the sampling distribution of the sample mean isincorrect?
(Multiple Choice)
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An unbiased estimator will have a value, on average across samples, equal to the population parameter value.
(True/False)
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SCENARIO 7-3
The lifetimes of a certain brand of light bulbs are known to be normally distributed with a mean of
1,600 hours and a standard deviation of 400 hours.A random sample of 64 of these light bulbs is taken.
-Referring to Scenario 7-3, the probability is 0.20 that the sample mean lifetime differs from the population mean lifetime by at least how many hours?
(Short Answer)
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The amount of time required for an oil and filter change on an automobile is normally distributed with a mean of 45 minutes and a standard deviation of 10 minutes.A random sample of 16 cars is selected.90% of the sample means will be greater than what value?
(Short Answer)
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SCENARIO 7-4
According to a survey, only 15% of customers who visited the web site of a major retail store made a purchase.Random samples of size 50 are selected.
-Referring to Scenario 7-4, the mean of all the sample proportions of customers who will make a purchase after visiting the web site is .
(Short Answer)
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In inferential statistics, the standard error of the sample mean assesses the uncertainty or error of estimation.
(True/False)
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