Ask Statistics and Probability Expert

Question 1

According to the central limit theorem, if a sample of size 64 is drawn from a population with a mean of 56, the mean of all sample means would equal _________ .

7.00

56.00

64.00

0.875

128.00

Question 2

According to the central limit theorem, if a sample of size 100 is drawn from a population with a standard deviation of 80, the standard deviation of sample means would equal __________ .

0.80

8

80

800

0.080

Question 3

According to the central limit theorem, for samples of size 64 drawn from a population with μ = 800 and σ = 56, the standard deviation of the sampling distribution of sample means would equal __________ .

7

8

100

800

80

Question 4

Suppose a population has a mean of 90 and a standard deviation of 28.

If a random sample of size 49 is drawn from the population, the probability of drawing a sample with a mean of more than 95 is _________ .

0.1056

0.3944

0.4286

0.8944

1.0000

Question 5

Suppose a population has a mean of 90 and a standard deviation of 28.

If a random sample of size 49 is drawn from the population, the probability of drawing a sample with a mean between 85 and 95 is _________ .

0.1056

0.3944

0.7888

0.2112

0.5000

Question 6

Suppose a population has a mean of 90 and a standard deviation of 28.

If a random sample of size 49 is drawn from the population, the probability of drawing a sample with a mean between 80 and 100 is _________ .

0.9876

0.0124

0.4938

0.0062

1.0000

Question 7

Suppose a population has a mean of 400 and a standard deviation of 24.

If a random sample of size 144 is drawn from the population, the probability of drawing a sample with a mean of more than 404.5 is __________ .

0.0139

0.4861

0.4878

0.0122

0.5000

Question 8

Albert Abbasi, VP of Operations at Ingleside International Bank, is evaluating the service level provided to walk-in customers. Accordingly, he plans a sample of waiting times for walk-in customers.

If the population of waiting times has a mean of 15 minutes and a standard deviation of 4 minutes, the probability that Albert's sample of 64 will have a mean less than 14 minutes is _________ .

0.4772

0.0228

0.9772

0.9544

1.0000

Question 9

Albert Abbasi, VP of Operations at Ingleside International Bank, is evaluating the service level provided to walk-in customers. Accordingly, he plans a sample of waiting times for walk-in customers.

If the population of waiting times has a mean of 15 minutes and a standard deviation of 4 minutes, the probability that Albert's sample of 64 will have a mean between 13.5 and 16.5 minutes is __________ .

0.9974

0.4987

0.9772

0.4772

0.5000

Question 10

Suppose 40% of the population possess a given characteristic.

If a random sample of size 300 is drawn from the population, then the probability that 44% or fewer of the samples possess the characteristic is __________ .

0.0793

0.4207

0.9207

0.9900

1.0000

Question 11

Suppose 30% of a population possess a given characteristic.

If a random sample of size 1200 is drawn from the population, then the probability that less than 348 possess that characteristic is __________ .

0.2236

0.2764

0.2900

0.7764

0.3336

Question 12

If the population proportion is 0.90 and a sample of size 64 is taken, what is the probability that the sample proportion is more than 0.89?

0.1064

0.2700

0.3936

0.6064

0.9000

Question 13

Suppose 40% of all college students have a computer at home and a sample of 100 is taken.

What is the probability that more than 50 of those in the sample have a computer at home?

0.4793

0.9793

0.0207

0.5207

0.6754

Question 14

Pinky Bauer, Chief Financial Officer of Harrison Haulers, Inc., suspects irregularities in the payroll system.

If 10% of the 5,000 payroll vouchers issued since January 1, 2000, have irregularities, the probability that Pinky's random sample of 200 vouchers will have a sample proportion of between .06 and .14 is ___________ .

0.4706

0.9706

0.0588

0.9412

0.8765

Question 15

Catherine Chao, Director of Marketing Research, needs a sample of Kansas City households to participate in the testing of a new toothpaste package.

If 40% of the households in Kansas City prefer the new package, the probability that Catherine's random sample of 300 households will have a sample proportion between 0.35 and 0.45 is __________ .

0.9232

0.0768

0.4616

0.0384

0.8976

Question 16

Kristen Ashford purchased the subscribers list for Wind Surfing magazine.

She plans to survey a sample of the subscribers before using the list in her mail order business.

She randomly selects the fourth name as a starting point and then selects every 50th subsequent name (54, 104, 154, etc.). Her sample is a ___________ .

simple random sample

stratified sample

systematic sample

convenience sample

cluster sample

Question 17

Pinky Bauer, Chief Financial Officer of Harrison Haulers, Inc., suspects irregularities in the payroll system.

She knows that 2,500 payroll vouchers have been issued since January 1, 2000, and her staff doesn't have time to inspect each voucher.

So, she randomly selects 53 as a starting point and orders her staff to inspect the 53rd voucher and each voucher at an increment of 100 (53, 153, 253, etc.). Her sample is a ____________ .

stratified sample

simple random sample

convenience sample

cluster sample

systematic sample

Question 18

Financial analyst Larry Potts needs a sample of 100 securities listed on the New York Stock Exchange.

In the current issue of the Wall Street Journal, 2,531 securities are listed in the "New York Exchange Composite Transactions," an alphabetical listing of all securities traded on the previous business day.

Larry uses a table of random numbers to select 100 numbers between 1 and 2,531. His sample is a ____________ .

quota sample

simple random sample

systematic sample

stratified sample

cluster sample

Question 19

On Saturdays, cars arrive at David Zebda's Scrub and Shine Car Wash at the rate of 80 cars per hour during the ten-hour shift. David wants a sample of 40 Saturday customers to answer the long version of his quality service questionnaire.

He instructs the Saturday crew to select the first 40 customers. His sample is a __________ .

convenience sample

simple random sample

systematic sample

stratified sample

cluster sample

Question 20

A carload of palletized aluminum castings has arrived at Mansfield Motor Manufacturers.

The car contains 1,000 pallets of 100 castings each. Mario Munoz, manager of Quality Assurance, directs the receiving crew to deliver the 127th and 869th pallets to his crew for 100% inspection.

Mario randomly selected 127 and 869 from a table of random numbers. Mario's sample of 200 castings is a ____________ .

simple random sample

systematic sample

stratified sample

cluster sample

convenience sample

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91596566
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Introduction to epidemiology assignment -assignment should

Introduction to Epidemiology Assignment - Assignment should be typed, with adequate space left between questions. Read the following paper, and answer the questions below: Sundquist K., Qvist J. Johansson SE., Sundquist ...

Question 1 many high school students take the ap tests in

Question 1. Many high school students take the AP tests in different subject areas. In 2007, of the 144,796 students who took the biology exam 84,199 of them were female. In that same year,of the 211,693 students who too ...

Basic statisticsactivity 1define the following terms1

BASIC STATISTICS Activity 1 Define the following terms: 1. Statistics 2. Descriptive Statistics 3. Inferential Statistics 4. Population 5. Sample 6. Quantitative Data 7. Discrete Variable 8. Continuous Variable 9. Qualit ...

Question 1below you are given the examination scores of 20

Question 1 Below you are given the examination scores of 20 students (data set also provided in accompanying MS Excel file). 52 99 92 86 84 63 72 76 95 88 92 58 65 79 80 90 75 74 56 99 a. Construct a frequency distributi ...

Question 1 assume you have noted the following prices for

Question: 1. Assume you have noted the following prices for paperback books and the number of pages that each book contains. Develop a least-squares estimated regression line. i. Compute the coefficient of determination ...

Question 1 a sample of 81 account balances of a credit

Question 1: A sample of 81 account balances of a credit company showed an average balance of $1,200 with a standard deviation of $126. 1. Formulate the hypotheses that can be used to determine whether the mean of all acc ...

5 of females smoke cigarettes what is the probability that

5% of females smoke cigarettes. What is the probability that the proportion of smokers in a sample of 865 females would be greater than 3%

Armstrong faber produces a standard number-two pencil

Armstrong Faber produces a standard number-two pencil called Ultra-Lite. The demand for Ultra-Lite has been fairly stable over the past ten years. On average, Armstrong Faber has sold 457,000 pencils each year. Furthermo ...

Sppose a and b are collectively exhaustive in addition pa

Suppose A and B are collectively exhaustive. In addition, P(A) = 0.2 and P(B) = 0.8. Suppose C and D are both mutually exclusive and collectively exhaustive. Further, P(C|A) = 0.7 and P(D|B) = 0.5. What are P(C) and P(D) ...

The time to complete 1 construction project for company a

The time to complete 1 construction project for company A is exponentially distributed with a mean of 1 year. Therefore: (a) What is the probability that a project will be finished in one and half years? (b) What is the ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As