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Adjusted FBA Assignment Questions. Year3

This document provides information and questions related to statistical analysis concepts including: 1) Summarizing sample data to estimate population parameters like the mean and standard deviation. 2) Developing confidence intervals for population means and proportions from sample data. 3) Performing hypothesis tests to compare sample results to hypothesized population parameters and statements. 4) Analyzing data from experimental designs using analysis of variance (ANOVA) to test for significant differences between treatment levels. 5) Examining the relationship between two variables using a scatter diagram.

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45 views9 pages

Adjusted FBA Assignment Questions. Year3

This document provides information and questions related to statistical analysis concepts including: 1) Summarizing sample data to estimate population parameters like the mean and standard deviation. 2) Developing confidence intervals for population means and proportions from sample data. 3) Performing hypothesis tests to compare sample results to hypothesized population parameters and statements. 4) Analyzing data from experimental designs using analysis of variance (ANOVA) to test for significant differences between treatment levels. 5) Examining the relationship between two variables using a scatter diagram.

Uploaded by

faith ola
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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3.

A simple random sample of 5 months of sales data provided the following infomation

Month: 2 5
Units Sold: 94 1(0 85 94 92
a Develop a point estimate of the population mean number of units sold per month.
b. Develop a pont estinate of the population standard devi.ltion

10X) is selected irom population with p = 40.


simple random sample of size
a
A
a. What is the expected value of p?
b.
b. What is the standard errOX of f?
. A sin1ple random sanmple with n 54 provided a san1ple mean of 22.5 and asample stan
dard deviation of 4.4.
Develop a 90% confidence interval for the population mean.
b. Develop a 95% confidence interval for the population mean.
c. Develop a 99% confidence interval for the population mean.
d. What happens to the margin of enor and the confidence interval as tlhe contidence
level is increased?

/32. A simple random sanuple of S00 elements generates a sample proportion p = .70.
a. Provide a 90% confidence interval lor the population proportion.
b. Provide a 95% confidence interval for the population proportion.
Consider the following hypothesis test:

Hu2o
H 20

A sammple provided a sanmple mean of 19.4.


of 50 The population standard deviation is 2.
a. Compute the value of the test statistie.
b. What is the p-value?
C. Using 05, what your conclusion?
a =
is

What is tre rejection rule using the erilical value? What is your conclusion?
26 Considerthe following hypothesis test:
H = 00
a 4 100

A sample of65 is used. Identify the p-value and state your conclusion for each of the fol-
lowing sample results. Use c 05. =

a. i = 103 and s = 11.3


b. i 96.5 and s = li.0
C.i= l02and s = 105
The following results come from two
populations independent randkom samples taken ol two

Sample 1 Sumple 2
35
i= 13.6 i, = 11.6
O, 2.2 , 3.0

a What is the
point estimate of the diflerence between the two
confidence interval for the dillerence between thepopulation
means?
b. Provade a
KYe two population
C. Provide a
95°% confidence interval for the ditference between the two neans.
population
means.
o The followng data are from matchod samples iaken fom wo population

Populatio
Eemeni

IS

Compute the dilference value for each element


Compute d.
Compute the stadand deviatiom s
What is the point estimate of he dilterece between the two pulatiom means?
Provide a 95 contidence iniervalfor the dillerence betweenthe twopopulation means
One of the questions the BusinessWeek Subsciber Study was, "In the past 12 months.
on
The
when traveling for business, what Iype of airline lucket did you purchase most often?

dataobtained are shown in the following contingency table.

Type of Fiigh

Type of Tcket Domestic Flights International Fliglhts


First class 29 22
95 121
Businesexecutive class 518 135
Full fare economylcoach class

Use a = 05 and test for the independence of type of light and type of ticket. What is your
conclusion?
are equ.
were used for each of the
In completely rundomized experimental units
design, seven
2 a
the following ANOVA table
five levels of the factor. Complete

Degrees Mean
Source Sum p-value
of Squares of Freedom Square
of Variation
Treatments 300
Error
Total 4600

Refer to exercise 2
3.
n this problen1?
hypotheses are inphed
What in
the null hypothesis purt
(u)? Explain.
can we reject
b. At the a 05 level of significance,
=
the following
treatments,

levels of thrce diflerent


to test the output and test for
4. In an eperment designed 19. Set up the ANOVA Lable
400. SSTR 150, n, =
=
Use a 05. =
obLained: SST =

resulsyere levels of the three treatments.


output
differenxe betwcen the
mean
treatment,
anyxgnilicant were used for the first
randomized design. 12
experimental units analy-
conmpletely the following
Au a the third treatment.
Complete the
treatment, and 20 for difference between
15 for the second there a sigilicant
is
05 evel of signifcance.
sis of variance. At
a

Lreatments?

Mean
Sum Degrees P-Value

Source of Frredom Square


of Variation of Squars

Treatments
1200
Emor
1800
Total
Given are five observations for two variables. a and y.

126 20 14
,55 40 55 10 15

diagram for these data.


Develop a scatter

b. What does the scatter diagram developed in pat (a) indicate about the relationship
between the two varnables?
between and y by drawing a straight line
a
C. Try to appronimate thhe relalionship
through the data.
Develop the estumated regression equation by computng th values ol b,
and b, using
d
equations(14.6) and(14.7)
to predict the value of y when x = 10.
e. Use the estimated regression equation

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