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Business Statistics Study Set 2
Quiz 9: Sampling Distributions and Confidence Intervals for Proportions
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Question 21
Essay
A manufacturer of cheese filled ravioli supplies a pizza restaurant chain. Based on data collected from its automatic filling process, the amount of cheese inserted into the ravioli is normally distributed. To make sure that the automatic filling process is on target, quality control inspectors take a sample of 25 ravioli and measure the weight of cheese filling. They find a sample mean weight of 15 grams with a standard deviation of 1.5 grams. A. Describe the sampling distribution for the sample mean. b. What is the standard error? c. What is the margin of error for 99% confidence? d. What is the margin of error for 90% confidence? e. Based on the sample results, find the 99% confidence interval and interpret. f. Based on the sample results, find the 90% confidence interval and interpret. g. For a more accurate determination of the mean weight, the quality control inspectors wish to estimate it within .25 grams with 99% confidence. How many ravioli should they sample?
Question 22
Multiple Choice
A Normal probability plot of the weights of individuals signed up for a popular diet program is shown below. The best description of the plot is
Question 23
Multiple Choice
We have calculated a 95% confidence interval and would like our next confidence interval to have a smaller margin of error without losing any confidence. In order to do This, we can I. change the z∗ value to a smaller number. II. take a larger sample. III. take a smaller sample.
Question 24
Multiple Choice
A researcher is conducting a study to determine how knowledgeable teenagers are about making good food choices. She decides to interview teenagers eating at a fast food Restaurant. The results may be biased because this is a
Question 25
Multiple Choice
The number of claims for lost luggage in a small city airport averages nine per day. Assuming the Poisson distribution, what is the probability that there will be fewer than 3 Claims on any given day?
Question 26
Multiple Choice
A Normal model states that if we draw repeated random samples of the same size, n, from some population and measure sample proportions, then the collection of these Proportions will pile up around the underlying population proportion, p. The requirement For this to work is
Question 27
Multiple Choice
Suppose the time it takes for a purchasing agent to complete an online ordering process is normally distributed with a mean of 8 minutes and a standard deviation of 2 Minutes. Suppose a random sample of 25 ordering processes is selected. What is the Probability that the sample mean will be less than 7.5 minutes?
Question 28
Multiple Choice
A researcher is conducting a study on eating disorders. Using a list of recent participants in the online Weight Watchers program, she randomly selects a sample from The alphabetized list. This list represents the
Question 29
Multiple Choice
Assume that a set of test scores in an Introduction to Finance class is normally distributed with a mean of 72 and a standard deviation of 8. Use the 68-95-99.7 rule to Find the percentage of scores between 64 and 88.
Question 30
Multiple Choice
In economic downturns, companies attempt to downsize their workforces by offering early retirement incentives to older employees. A survey of 723 companies found that 195 engage in such downsizing practices. The 99% confidence interval for the Proportion of companies that downsize their workforces by offering early retirement Incentives is
Question 31
Multiple Choice
A men's clothing store has determined the following probability distribution for the number of special size orders placed per month. Based on this distribution, the standard Deviation in the number of special size orders placed per month is
Question 32
Essay
In a metal fabrication process, metal rods are produced to a specified target length of 15 feet. Suppose that the lengths are normally distributed. A quality control specialist collects a random sample of 16 rods and finds the sample mean length to be 14.8 feet and a standard deviation of 0.65 feet. A. Describe the sampling distribution for the sample mean. b. What is the standard error? c. For 95% confidence, what is the margin of error? d. Based on the sample results, create the 95% confidence interval and interpret.
Question 33
Multiple Choice
Assume that a set of test scores in an Introduction to Finance class is normally distributed with a mean of 72 and a standard deviation of 8. Use the 68-95-99.7 rule to Find the percentage of scores less than 56.
Question 34
Multiple Choice
In a recent poll of 200 households, it was found that 152 had at least one computer and one television. A 95% confidence interval to estimate the population proportion was Calculated to be 0.701 to 0.819. What sample size would be needed to change the margin Of error to 0.030?
Question 35
Multiple Choice
In a particular production process, drying times for newly pained parts are uniformly distributed between 2 and 8 minutes. The probability that a part dries in less than 6 Minutes is