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Business Statistics Study Set 1
Quiz 7: Introduction to Sampling Distributions
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Question 101
Multiple Choice
A population has a proportion equal to 0.30. Calculate the following probabilities with n = 100. Find P( ≥ 0.27) .
Question 102
Multiple Choice
Suppose the life of a particular brand of calculator battery is approximately normally distributed with a mean of 75 hours and a standard deviation of 10 hours. What is the probability that a single battery randomly selected from the population will have a life between 70 and 80 hours?
Question 103
Multiple Choice
The proportion of items in a population that possess a specific attribute is known to be 0.70. If a simple random sample of size n = 100 is selected and the proportion of items in the sample that contain the attribute of interest is 0.65, what is the sampling error?
Question 104
Multiple Choice
If a random sample of 200 items is taken from a population in which the proportion of items having a desired attribute is p = 0.30, what is the probability that the proportion of successes in the sample will be less than or equal to 0.27?
Question 105
Multiple Choice
A normally distributed population has a mean of 500 and a standard deviation of 60. Determine the probability that a random sample of size 25 selected from the population will have a sample mean greater than or equal to 515.
Question 106
Multiple Choice
A population has a proportion equal to 0.30. Calculate the following probabilities with n = 100. Find
Question 107
Multiple Choice
A population has a proportion equal to 0.30. Calculate the following probabilities with n = 100. Find
Question 108
Multiple Choice
A random sample of 100 items is selected from a population of size 350. What is the probability that the sample mean will exceed 200 if the population mean is 195 and the population standard deviation equals 20? (Hint: Use the finite correction factor since the sample size is more than 5% of the population size.)
Question 109
Multiple Choice
A normally distributed population has a mean of 500 and a standard deviation of 60. Determine the probability that a random sample of size 16 selected from this population will have a sample mean less than 475.