Category Statistics

BA6933-statistics-week-5-quiz

Number of Cars Arrivingin a 10-Minute Interval Frequency 0 3 1 10 2 15 3 23 4 30 5 24 6 20 7 13 8 8 9 or more 4 150 The p-value is a. between .05 and .1. b. greater…

BAN6933 QUIZ SOLUTIONS

a. When standardized, it is the t distribution. b. When standardized, it is exactly the standard normal distribution. c. It is approximately normal as long as n ≥ 30. d. It is approximately normal as long as np ≥ 5 and n(1 – p) ≥ 5. 2. A…

BA6933 MBS Chapter 4

Question-1. An experiment has three steps with three outcomes possible for the first step, two outcomes possible for the second step, and four outcomes possible for the third step. How many experimental outcomes exist for the entire experiment? [24] Question-2.…

BAN6933 QUIZ ANSWERS

a. is not rejected. b. could be rejected or not rejected depending on the sample size. c. could be rejected or not rejected depending on the sample mean. d. is rejected. 2. If the cost of making a Type I…

BA6933 MBS Week 2 [Badri]

If A and B are independent events with P(A) = .38 and P(B) = .55, then P(A | B) = a. .550 b. .38 c. 0 d. .209 The symbol ∩ shows the _____. a. union of events b. intersection of events c. sum of the probabilities of events…

BA6933 MBS Week 2 

Excel’s _____ function can be used to compute the expected value of a discrete random variable. a. MEDIAN b. SUMPRODUCT c. VAR d. AVERAGE Exhibit 5-8The student body of a large university consists of 60% female students. A random sample of…

BAN6933 QUIZ SOLUTIONS

a. 10.117 b. 10.851 c. 31.410 d. 30.144 2. Which of the following rejection rules is proper? a. Reject H0 if p-value ≥ α b. Reject H0 if p-value ≤ Fα. c. Reject H0 if F ≤ Fα d. Reject H0 if F ≥ Fα. 3. Consider the following hypothesis problem. n = 23 s2 = 60 H0: σ2 ≤ 66 Ha: σ2 >…

BA6933 Week 3 Assg (7, 8, 9 all answers)

Question-1. The manager of the Danvers-Hilton Resort Hotel stated that the mean guest bill for a weekend is  or less. A member of the hotel’s accounting staff noticed that the total charges for guest bills have been increasing in recent months.…