Exam 7: Sampling and Sampling Distributions

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A finite population correction factor is needed in computing the standard deviation of the sampling distribution of sample means

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The proportion of Americans who support the death penalty is 0.53. A sample of 1000 randomly selected Americans is surveyed by telephone interview. Use Excel to answer the following questions. a.What is the probability that the sample proportion of those supporting the death penalty will be less than 0.50? b.What is the probability that the sample proportion of those supporting the death penalty will be at least 0.55? c.What is the probability that the sample proportion of those supporting the death penalty will be between 0.50 and 0.55? d.For samples of size 1000, 15% of all sample proportions are at most what value?

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Exhibit 7-5 Random samples of size 17 are taken from a population that has 200 elements, a mean of 36, and a standard deviation of 8. -A simple random sample of 8 employees of a corporation provided the following information. Exhibit 7-5 Random samples of size 17 are taken from a population that has 200 elements, a mean of 36, and a standard deviation of 8. -A simple random sample of 8 employees of a corporation provided the following information.    a.Determine the point estimate for the average age of all employees. b.What is the point estimate for the standard deviation of the population? c.Determine a point estimate for the proportion of all employees who are female. a.Determine the point estimate for the average age of all employees. b.What is the point estimate for the standard deviation of the population? c.Determine a point estimate for the proportion of all employees who are female.

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Random samples of size 49 are taken from a population that has 200 elements, a mean of 180, and a variance of 196. The distribution of the population is unknown. The mean and the standard error of the distribution of sample means are

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In a restaurant, the proportion of people who order coffee with their dinner is 0.9. A simple random sample of 144 patrons of the restaurant is taken. a.What are the expected value, standard deviation, and shape of the sampling distribution of? b.What is the random variable in this problem? Define it in words. c.What is the probability that the proportion of people who will order coffee with their meal is between 0.85 and 0.875? d.What is the probability that the proportion of people who will order coffee with their meal is at least 0.945?

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Exhibit 7-1 The following data was collected from a simple random sample from a process (an infinite population). Exhibit 7-1 The following data was collected from a simple random sample from a process (an infinite population).   -Refer to Exhibit 7-1. The mean of the population -Refer to Exhibit 7-1. The mean of the population

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A population has a mean of 53 and a standard deviation of 21. A sample of 49 observations will be taken. The probability that the sample mean will be greater than 57.95 is

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As a general rule, the sampling distribution of the sample proportions can be approximated by a normal probability distribution whenever

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The probability distribution of all possible values of the sample proportion The probability distribution of all possible values of the sample proportion   is the is the

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A simple random sample of size n from a finite population of size N is a sample selected such that each possible sample of size

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Whenever the population has a normal probability distribution, the sampling distribution of Whenever the population has a normal probability distribution, the sampling distribution of   is a normal probability distribution for is a normal probability distribution for

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A new soft drink is being market tested. It is estimated that 60% of consumers will like the new drink. A sample of 96 taste-tested the new drink. a.Determine the standard error of the proportion b.What is the probability that more than 70.4% of consumers will indicate they like the drink? c.What is the probability that more than 30% of consumers will indicate they do not like the drink?

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Which of the following is(are) point estimator(s)?

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Random samples of size 100 are taken from a process (an infinite population) whose population proportion is 0.2. The mean and standard deviation of the distribution of sample proportions are

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Random samples of size 81 are taken from a process (an infinite population) whose mean and standard deviation are 200 and 18, respectively. The distribution of the population is unknown. The mean and the standard error of the distribution of sample means are

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Students of a large university spend an average of $5 a day on lunch. The standard deviation of the expenditure is $3. A simple random sample of 36 students is taken. a.What are the expected value, standard deviation, and shape of the sampling distribution of the sample mean? b.What is the probability that the sample mean will be at least $4? c.What is the probability that the sample mean will be at least $5.90?

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It is impossible to construct a frame for a

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The expected value of The expected value of   equals the mean of the population from which the sample is drawn equals the mean of the population from which the sample is drawn

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Exhibit 7-1 The following data was collected from a simple random sample from a process (an infinite population). Exhibit 7-1 The following data was collected from a simple random sample from a process (an infinite population).   -Refer to Exhibit 7-1. The point estimate of the population standard deviation is -Refer to Exhibit 7-1. The point estimate of the population standard deviation is

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Exhibit 7-5 Random samples of size 17 are taken from a population that has 200 elements, a mean of 36, and a standard deviation of 8. -Starting salaries of a sample of five management majors along with their genders are shown below. Exhibit 7-5 Random samples of size 17 are taken from a population that has 200 elements, a mean of 36, and a standard deviation of 8. -Starting salaries of a sample of five management majors along with their genders are shown below.    a.What is the point estimate for the starting salaries of all management majors? b.Determine the point estimate for the variance of the population. c.Determine the point estimate for the proportion of male employees. a.What is the point estimate for the starting salaries of all management majors? b.Determine the point estimate for the variance of the population. c.Determine the point estimate for the proportion of male employees.

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