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本文格式為Word版,下載可任意編輯——商務(wù)統(tǒng)計習(xí)題PracticeTest1BusinessStatistics:
MultipleChoice:Eachisworthtwopoints
Identifytheletterofthechoicethatbestcompletesthestatementoranswersthequestion.**Skip15-17,18,20Ch10-12,13Material____1.Thesumoftherelativefrequenciesforallclasseswillalwaysequal
a.thesamplesize
b.thenumberofclassesc.one
d.anyvaluelargerthanone
____
2.Theinterquartilerangeis
a.the50thpercentile
b.anothernameforthevariance
c.thedifferencebetweenthelargestandsmallestvalues
d.thedifferencebetweenthethirdquartileandthefirstquartile
____
3.Thestandarddeviationofasampleof100observationsequals64.Thevarianceofthesampleequals
a.8b.10c.6400d.4,096
4.Thenumericalvalueofthestandarddeviationcanneverbe
a.largerthanthevariance
____
b.zeroc.negative
d.smallerthanthevariance
____
5.Thesetofallpossiblesamplepoints(experimentaloutcomes)iscalled
a.asample
b.aneventc.thesamplespaced.apopulation
____
6.Arandomvariablethatcanassumeonlyafinitenumberofvaluesisreferredtoasa(n)
a.infinitesequence
b.finitesequence
c.discreterandomvariabled.discreteprobabilityfunction
____
Exhibit5-11
Alocalbottlingcompanyhasdeterminedthenumberofmachinebreakdownspermonthandtheirrespectiveprobabilitiesasshownbelow:
NumberofBreakdownsProbability
00.1210.3820.2530.1840.07
7.RefertoExhibit5-11.Theprobabilityofatleast3breakdownsinamonthis
a.0.5
b.0.10c.0.30d.0.90
____
8.Anormalprobabilitydistribution
a.isacontinuousprobabilitydistribution
b.isadiscreteprobabilitydistributionc.canbeeithercontinuousordiscreted.musthaveastandarddeviationof1
Exhibit6-6
____
ThestartingsalariesofindividualswithanMBAdegreearenormallydistributedwithameanof$40,000andastandarddeviationof$5,000.
9.RefertoExhibit6-6.WhatpercentageofMBA'swillhavestartingsalariesof$34,000to$46,000?
a.38.49%
b.38.59%c.50%d.76.98%
____
10.GiventhatZisastandardnormalrandomvariable,whatisthevalueofZiftheareabetween-ZandZis0.901?
a.1.96b.-1.96
c.0.4505d.?1.65
____
11.Whichofthefollowingisnotameasureofcentrallocation?
a.mean
b.medianc.varianced.mode
____
12.Thedescriptivemeasureofdispersionthatisbasedontheconceptofadeviationaboutthemeanis
a.therange
b.theinterquartilerange
c.theabsolutevalueoftheranged.thestandarddeviation
____
13.Whichofthefollowingsymbolsrepresentsthemeanofthepopulation?
a.?2
b.?c.?
____
14.Whichofthefollowingsymbolsrepresentsthesizeofthesample
a.?2
d.
b.?c.Nd.n
____
15.Iftwoeventsareindependent,then
a.theymustbemutuallyexclusive
b.thesumoftheirprobabilitiesmustbeequaltoonec.theirintersectionmustbezerod.Noneofthesealternativesiscorrect..
____
16.Whichofthefollowingstatementsis(are)alwaystrue?
a.-1?P(Ei)?1
b.P(A)=1-P(Ac)c.P(A)+P(B)=1d.?P?1
____
17.Ameasureoftheaveragevalueofarandomvariableiscalleda(n)
a.variance
b.standarddeviationc.expectedvalued.coefficientofvariation
____
18.Fourpercentofthecustomersofamortgagecompanydefaultontheirpayments.Asampleoffivecustomersisselected.Whatis
theprobabilitythatexactlytwocustomersinthesamplewilldefaultontheirpayments?a.0.2592b.0.0142
c.0.9588
d.0.7408
____
19.Theexpectedvalueofadiscreterandomvariable
a.isthemostlikelyorhighestprobabilityvaluefortherandomvariable
b.willalwaysbeoneofthevaluesxcantakeon,althoughitmaynotbethehighestprobabilityvaluefor
therandomvariable
c.istheaveragevaluefortherandomvariableovermanyrepeatsoftheexperimentd.Noneofthesealternativesiscorrect.
____
20.Whichofthefollowingisnotapropertyofabinomialexperiment?a.theexperimentconsistsofasequenceofnidenticaltrials
b.eachoutcomecanbereferredtoasasuccessorafailure
c.theprobabilitiesofthetwooutcomescanchangefromonetrialtothenextd.thetrialsareindependent
____
Exhibit5-9
TheprobabilitydistributionforthedailysalesatMichael'sCo.isgivenbelow.
DailySales(In$1,000s)Probability
400.1500.4600.3700.2
21.RefertoExhibit5-9.Theexpecteddailysalesare
a.$55,000b.$56,000
c.$50,000d.$70,000
____
22.Forastandardnormaldistribution,theprobabilityofz?0isa.zerob.-0.5
c.0.5d.one
Exhibit6-2
Theweightoffootballplayersisnormallydistributedwithameanof200poundsandastandarddeviationof25pounds.23.RefertoExhibit6-2.Whatpercentofplayersweighbetween180and220pounds?
a.28.81%b.0.5762%
c.0.281%d.57.62%
____
Exhibit6-6
ThestartingsalariesofindividualswithanMBAdegreearenormallydistributedwithameanof$40,000andastandarddeviationof$5,000.
____24.RefertoExhibit6-6.WhatistheprobabilitythatarandomlyselectedindividualwithanMBAdegreewillgetastartingsalaryofat
least$47,500?a.0.4332b.0.9332c.0.0668d.0.5000
ShortAnswer/Problems
1.Thefollowingdatarepresentthedailydemand(yinthousandsofunits)andtheunitprice(xindollars)foraproduct.
DailyDemand(y)UnitPrice(x)
473935443420
135368
1530
166
a.b.
Computeandinterpretthesamplecovariancefortheabovedata.Computeandinterpretthesamplecorrelationcoefficient.
2.Thedailydinnerbillsinalocalrestaurantarenormallydistributedwithameanof$28andastandarddeviationof$6.
a.Whatistheprobabilitythatarandomlyselectedbillwillbeatleast$39.10?b.Whatpercentageofthebillswillbelessthan$16.90?
c.Whataretheminimumandmaximumofthemiddle95%ofthebills?
d.Iftwelveofoneday'sbillshadavalueofatleast$43.06,howmanybillsdidtherestaurantcollectonthatday?
3.Belowyouaregivenapartialcomputeroutputbasedonasampleof7observations,relatinganindependentvariable(x)andadependent
variable(y).PredictorCoefficientStandardErrorConstant24.1128.376x-0.2520.253AnalysisofVarianceSOURCESSRegression196.893Error94.822a.Developtheestimatedregressionline.
b.Ifyouaregiventhatx=50,findtheestimateofybasedonyourregressionequation.c.Determinethecoefficientofdeterminationandinterpretyouranswer.
SolutionstoMC1.ANS:C2.ANS:D3.ANS:D4.ANS:C5.ANS:C6.ANS:C7.ANS:D8.ANS:A9.ANS:D10.ANS:D11.ANS:C12.ANS:D13.ANS:C14.ANS:D15.ANS:D16.ANS:B17.ANS:C18.ANS:B19.ANS:C20.ANS:C21.ANS:B22.ANS:C23.ANS:D24.ANS:C25.ANS:C26.ANS:A27.ANS:B28.ANS:D29.ANS:CSolutionstoShortAnswer1.ANS:
a.-47(rounded).Sincethecovarianceisnegative,itindicatesanegativerelationshipbetweenxandy.b.-0.922.Thereisastrongnegativerelationshipbetweenxandy.
2.ANS:
a.0.0322b.0.0322
c.minimum=$16.24maximum=$39.06d.2,000
3.ANS:
a.
=24.112+0.816xb.
Ifx=50then=24.112+0.816x?24.1+0.82(50)=65.1
c.0.675Sothereisafairlystrongpositiverelationshipbetweenxandy.
PracticeTest2BusinessStatistics:
MultipleChoice:Eachisworthtwopoints
Identifytheletterofthechoicethatbestcompletesthestatementoranswersthequestion.____1.Thesamplestatisticsisthepointestimatorof
a.?b.?c.d.
____2.Asamplestatisticisanunbiasedestimatorofthepopulationparameterif
a.theexpectedvalueofthesamplestatisticisequaltozero
b.theexpectedvalueofthesamplestatisticisequaltoone
c.theexpectedvalueofthesamplestatisticisequaltothepopulationparameterd.itisequaltozero
____
3.Apropertyofapointestimatorthatoccurswheneverlargersamplesizestendtoprovidepointestimatesclosertothepopulation
parameterisknownasa.efficiency
b.unbiasedsamplingc.consistencyd.relativeestimation
____
4.Arandomsampleof121bottlesofcologneshowedanaveragecontentof4ounces.Itisknownthatthestandarddeviationofthecontents(i.e.,ofthepopulation)is0.22ounces.Inthisproblemthe0.22isa.aparameter
b.astatistic
c.thestandarderrorofthemean
d.theaveragecontentofcolognesinthelongrun
____
5.Asampleof92observationsistakenfromaninfinitepopulation.Thesamplingdistributionofisapproximately
a.normalbecauseisalwaysapproximatelynormallydistributed
b.normalbecausethesamplesizeissmallincomparisontothepopulationsizec.normalbecauseofthecentrallimittheorem
d.Noneofthesealternativesiscorrect.
____
6.Asthenumberofdegreesoffreedomforatdistributionincreases,thedifferencebetweenthetdistributionandthestandardnormal
distribution
a.becomeslarger
b.becomessmallerc.staysthesame
____
d.Noneofthesealternativesiscorrect.
7.Fromapopulationof200elements,asampleof49elementsisselected.Itisdeterminedthatthesamplemeanis56andthesample
standarddeviationis14.Thestandarderrorofthemeanisa.3b.2
c.greaterthan2d.lessthan2
____
8.Whichofthefollowingis(are)pointestimator(s)?
a.?b.?
c.sd.?
____
9.Apopulationcharacteristic,suchasapopulationmean,iscalled
a.astatistic
b.aparameterc.asample
d.themeandeviation
____
10.Thesamplestatistic,suchas,s,or,thatprovidesthepointestimateofthepopulationparameterisknownas
a.apointestimator
b.aparameter
c.apopulationparameterd.apopulationstatistic
____
11.Thefactthatthesamplingdistributionofsamplemeanscanbeapproximatedbyanormalprobabilitydistributionwheneverthe
samplesizeislargeisbasedonthea.centrallimittheorem
b.factthatwehavetablesofareasforthenormaldistribution
c.assumptionthatthepopulationhasanormaldistributiond.Noneofthesealternativesiscorrect.
____
12.Randomsamplesofsize17aretakenfromapopulationthathas200elements,ameanof36,andastandarddeviationof8.The
meanandthestandarddeviationofthesamplingdistributionofthesamplemeansarea.8.7and1.94
b.36and1.94c.36and1.86
d.36and8
____
13.Whenconstructingaconfidenceintervalforthepopulationmeanandasmallsampleisused,thedegreesoffreedomforthet
distributionequalsa.n-1
b.nc.29d.30
_____14.Thecollectionofallpossiblesamplepointsinanexperimentisa.thesamplespaceb.asamplepointc.anexperimentd.thepopulation_____15.Offiveletters(A,B,C,D,andE),twolettersaretobeselectedatrandom.Howmanypossibleselectionsarethere?a.20b.7c.5!d.10_____16.The“TopThree〞ataracetrackconsistsofpickingthecorrectorderofthefirstthreehorsesinarace.Ifthereare10horsesinaparticularrace,howmany“TopThree〞outcomesarethere?a.302,400b.720c.1,814,400d.10_____17.GiventhateventEhasaprobabilityof0.25,theprobabilityofthecomplementofeventEa.cannotbedeterminedwiththeaboveinformationb.canhaveanyvaluebetweenzeroandonec.mustbe0.75d.is0.25_____18.Thesymbol?ersectionofeventsc.sumoftheprobabilitiesofeventsd.samplespace_____19.IfP(A)=0.38,P(B)=0.83,andP(A?B)=0.57;thenP(A?B)=a.1.21b.0.64c.0.78d.1.78_____20.IfP(A)=0.62,P(B)=0.47,andP(A?B)=0.88;thenP(A?B)=a.0.2914b.1.9700c.0.6700d.0.2100_____21.IfP(A)=0.85,P(A?B)=0.72,andP(A?B)=0.66,thenP(B)=a.0.15b.0.53c.0.28d.0.15_____22.Twoeventsaremutuallyexclusiveifa.theprobabilityoftheirintersectionis1b.theyhavenosamplepointsincommonc.theprobabilityoftheirintersectionis0.5d.theprobabilityoftheirintersectionis1andtheyhavenosamplepointsincommon_____23.IfAandBaremutuallyexclusiveeventswithP(A)=0.3andP(B)=0.5,thenP(A?B)=a.0.30b.0.15c.0.00d.0.20_____24.IfAandBaremutuallyexclusiveeventswithP(A)=0.3andP(B)=0.5,thenP(A?B)=a.0.00b.0.15c.0.8d.0.2_____25.Asubsetofapopulationselectedtorepresentthepopulationisaa.subsetb.samplec.smallpopulationd.Noneofthealternativeanswersiscorrect._____26.AsimplerandomsampleofsizenfromaninfinitepopulationofsizeNistobeselected.Eachpossiblesampleshouldhavea.thesameprobabilityofbeingselectedb.aprobabilityof1/nofbeingselectedc.aprobabilityof1/Nofbeingselectedd.aprobabilityofN/nofbeingselected_____27.Aprobabilitydistributionforallpossiblevaluesofasamplestatisticisknownasaa.samplestatisticb.parameterc.simplerandomsampled.samplingdistribution
_____28.Fromapopulationof200elements,thestandarddeviationisknowntobe14.Asampleof49elementsisselected.Itisdeterminedthatthesamplemeanis56.Thestandarderrorofthemeanisa.3b.2c.greaterthan2d.lessthan2_____29.Fromapopulationof500elements,asampleof225elementsisselected.Itisknownthatthevarianceofthepopulationis900.Thestandarderrorofthemeanisapproximatelya.1.1022b.2c.30d.1.4847
ShortAnswer/Problems
Directions:Clearlydesignateyoursolutiontoeachportionofthequestionsaskedandshowyourentireworkandmethodforarrivingatthesolution.
1.Thesalesrecordsofarealestateagencyshowthefollowingsalesoverthepast200days:
#HousesSoldNumberofDays06018024031644a.Howmanysamplepointsarethere?
b.Assignprobabilitiestothesamplepointsandshowtheirvalues.c.Whatistheprobabilitythattheagencywillnotsellanyhousesinagivenday?d.Whatistheprobabilityofsellingatleast2houses?e.Whatistheprobabilityofselling1or2houses?f.Whatistheprobabilityofsellinglessthan3houses?
2.AssumetwoeventsAandBaremutuallyexclusiveand,furthermore,P(A)=0.2andP(B)=0.4.
a.FindP(A?B).b.FindP(A?B).c.FindP(A?B).
3.YouaregiventhefollowinginformationonEventsA,B,C,andD.P(A)=.4,P(B)=.2,P(C)=.1,P(A?D)=.6,P(A?B)=.3,P(A?C)=.04,P(A?D)=.03
a.ComputeP(D).b.ComputeP(A?B).c.ComputeP(A?C).d.ComputetheprobabilityofthecomplementofC.e.AreAandBmutuallyexclusive?Explainyouranswer.f.AreAandBindependent?Explainyouranswer.g.AreAandCmutuallyexclusive?Explainyouranswer.h.AreAandCindependent?Explainyouranswer.
4.Considerapopulationoffiveweightsidenticalinappearancebutweig
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