Question 1

The distribution of the number of loaves of bread sold per day by a large bakery over the past 5 years has a mean of 7,750 and a standard deviation of 145 loaves. Suppose a random sample of n = 40 days has been selected. What is the approximate probability that the mean number of loaves sold in the sampled days exceeds 7,895 loaves?

Accepted Answer

The answer of The distribution of the number of loaves...

Question 2

Sampling error becomes an ethical issue if the findings are purposely presented without reference to sample size and margin of error so that the sponsor can promote a viewpoint that might otherwise be truly insignificant.

Accepted Answer

A) True 
 B)False

Question 3

The amount of tea leaves in a can from a particular production line is normally distributed with μ = 110 grams and σ = 25 grams. A sample of 25 cans is to be selected. So, 95% of all sample means will be greater than how many grams?

Accepted Answer

The answer of The amount of tea leaves in a...

Question 4

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. What is the standard error of the mean?

Accepted Answer

The answer of The amount of time required for an...

Question 5

The sample mean is an unbiased estimate of the population mean.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following scenarios will yield a nonprobability sample?

Accepted Answer

A)  The subjects of the sample are chosen on the basis of known probability. 
B)  Items or individuals are chosen without regard to their probability of occurrence. 
C)  Every individual or item from the frame has an equal chance of being selected. Selection may be with replacement or without replacement. 
D)  Decide on a sample size, n; divide the frame of N individuals into groups of k individuals where k = N/n; randomly select one individual from the first group; select every kth individual thereafter.

Question 7

If the amount of gasoline purchased per car at a large service station has a population mean of 15 gallons and a population standard deviation of 4 gallons and a random sample of 4 cars is selected, there is approximately a 68.26% chance that the sample mean will be between 13 and 17 gallons.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following sampling methods will more likely be susceptible to ethical violation?

Accepted Answer

A)  Simple random sample 
B)  Cluster sample 
C)  Convenience sample 
D)  Stratified sample

Question 9

If you randomly select a student from the first row of a business statistics class and then every other fifth student thereafter until you get a sample of 20 students, this is an example of a convenience sample.

Accepted Answer

A) True 
 B)False

Question 10

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 of 64 fish yields a mean of 3.4 pounds, what is probability of obtaining a sample mean this large or larger?

Accepted Answer

A)  0.0001 
B)  0.0013 
C)  0.0228 
D)  0.4987

Question 11

You stand at the main entrance to a departmental store and pick the first 20 customers that enter the store after it has opened its door for business on a single day. This is an example of a systematic sample.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is true regarding the sampling distribution of the mean for a large sample size?

Accepted Answer

A)  It has the same shape, mean, and standard deviation as the population. 
B)  It has a normal distribution with the same mean and standard deviation as the population. 
C)  It has the same shape and mean as the population, but has a smaller standard deviation. 
D)  It has a normal distribution with the same mean as the population but with a smaller standard deviation.

Question 13

An unbiased estimator will have a value, on average across samples, equal to the population parameter value.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following is not a reason for the need for sampling?

Accepted Answer

A)  It is usually too costly to study the whole population. 
B)  It is usually too time consuming to look at the whole population. 
C)  It is sometimes destructive to observe the entire population. 
D)  It is always more informative by investigating a sample than the entire population.

Question 15

As a population becomes large, it is usually better to obtain statistical information from the entire population.

Accepted Answer

A) True 
 B)False

Question 16

A convenience sample is a type of probability sample.

Accepted Answer

A) True 
 B)False

Question 17

If the amount of gasoline purchased per car at a large service station has a population mean of 15 gallons and a population standard deviation of 4 gallons and it is assumed that the amount of gasoline purchased per car is symmetric, there is approximately a 68.26% chance that a random sample of 16 cars will have a sample mean between 14 and 16 gallons.

Accepted Answer

A) True 
 B)False

Question 18

The Central Limit Theorem is important in statistics because

Accepted Answer

A)  for a large n, it says the population is approximately normal. 
B)  for any population, it says the sampling distribution of the sample mean is approximately normal, regardless of the sample size. 
C)  for a large n, it says the sampling distribution of the sample mean is approximately normal, regardless of the shape of the population. 
D)  for any sized sample, it says the sampling distribution of the sample mean is approximately normal.

Question 19

To gather information on the preferences of instructors at universities on topics for a business statistics textbook that it will publish, a publishing company invited 10 faculty members who have adopted one of the textbooks that it has published. This is an example of a

Accepted Answer

A)  systematic sample. 
B)  judgment sample. 
C)  simple random sample. 
D)  stratified sample.

Question 20

TABLE 7-1
The manager of the customer service division of a major consumer electronics company is interested in determining whether the customers who have purchased a DVD player made by the company over the past 12 months are satisfied with their products.
-Referring to Table 7-1, if there are 4 different brands of DVD players made by the company, the best sampling strategy would be to use a

Accepted Answer

A)  simple random sample. 
B)  stratified sample. 
C)  cluster sample. 
D)  systematic sample.

Exam 7: Sampling and Sampling Distributions

Sampling error becomes an ethical issue if the findings are purposely presented without reference to sample size and margin of error so that the sponsor can promote a viewpoint that might otherwise be truly insignificant.

The amount of tea leaves in a can from a particular production line is normally distributed with μ = 110 grams and σ = 25 grams. A sample of 25 cans is to be selected. So, 95% of all sample means will be greater than how many grams?

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. What is the standard error of the mean?

The sample mean is an unbiased estimate of the population mean.

Which of the following scenarios will yield a nonprobability sample?

If the amount of gasoline purchased per car at a large service station has a population mean of 15 gallons and a population standard deviation of 4 gallons and a random sample of 4 cars is selected, there is approximately a 68.26% chance that the sample mean will be between 13 and 17 gallons.

Which of the following sampling methods will more likely be susceptible to ethical violation?

If you randomly select a student from the first row of a business statistics class and then every other fifth student thereafter until you get a sample of 20 students, this is an example of a convenience sample.

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 of 64 fish yields a mean of 3.4 pounds, what is probability of obtaining a sample mean this large or larger?

You stand at the main entrance to a departmental store and pick the first 20 customers that enter the store after it has opened its door for business on a single day. This is an example of a systematic sample.

Which of the following is true regarding the sampling distribution of the mean for a large sample size?

An unbiased estimator will have a value, on average across samples, equal to the population parameter value.

Which of the following is not a reason for the need for sampling?

As a population becomes large, it is usually better to obtain statistical information from the entire population.

A convenience sample is a type of probability sample.

The Central Limit Theorem is important in statistics because

To gather information on the preferences of instructors at universities on topics for a business statistics textbook that it will publish, a publishing company invited 10 faculty members who have adopted one of the textbooks that it has published. This is an example of a