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ECON2122 - Chapter 678 - Review

Total questions: 10

Worksheet time: 10mins

Name
Class
Date
1.

The variance of the sampling distribution of the sample mean is equal to the variance of the population mean divided by the square root of the sample size

a)

TRUE

b)

FALSE

2.

The standard deviation of the sampling distribution of the sample proportion is equal to:

P(1P)n\frac{P\left(1-P\right)}{n}  

a)

TRUE

b)

FALSE

3.

The length of time it takes to fill an order at a local sandwich shop is normally distributed with a mean of 4.1 minutes and a standard deviation of 1.3 minutes.

What is the probability that the average waiting time for a random sample of ten customers is greater than 4 minutes.

(Provide the equivalent Z problem only)

4 lines
4.

When computing the confidence interval for the population proportion, the Student's t-distribution is used rather than the normal distribution.

a)

TRUE

b)

FALSE

5.

As the confidence level for a confidence interval increases, the width of the interval also increases.

a)

TRUE

b)

FALSE

6.

Suppose that: n=675n=675  and sample proportion = 0.1. Find the UCL of the confidence interval for estimating the population proportion for 90% confidence interval.

(Round to the nearest 2 decimal points)

(a)  

7.

Assuming unknown but equal population variances, determine the number of degrees of freedom for the following

n1=30; s12=16.5; n2=45; s22=17.2n_1=30;\ s_1^2=16.5;\ n_2=45;\ s_2^2=17.2  

a)

59

b)

73

c)

61

d)

55

8.

d=19.56; sd=2.5; n=20\overline{d}=19.56;\ s_d=2.5;\ n=20  

Calculate the margin of error for a 95% confidence interval using the above data.

(Round your answer to 2 decimal points)

(a)  

9.

A 100(1α)%100\left(1-\alpha\right)\%  confidence interval for the difference between two means, independent samples, and known population variances is given by:

xy±zα2σx2nxσ2yny\overline{x}-\overline{y}\pm z_{\frac{\alpha}{2}}\sqrt[]{\frac{\sigma_x^2}{n_x}-\frac{\sigma^2y}{n_y}}  

a)

TRUE

b)

FALSE

10.

Interval estimates for the variance of a normal population rely on the random variable: (n1)s2σ2\frac{\left(n-1\right)s^2}{\sigma^2}  , which follows........

a)

a normal distribution

b)

a binomial distribution

c)

the Poisson distribution

d)

a chi-square distribution