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BUS 511 Spring2014 Final Sample
BUS 511 Spring2014 Final Sample
SampleQuestion
Marksareshowninbrackets[].
Youmayusecalculators(forbasiccalculationsONLY)unlessstatedotherwise
OnallquestionsyouareexpectedtoEXPLAINYOURWORKINGandSHOWALLCALCULATIONSunlessexplicitly
statedotherwise.
Name:_________________________________StudentID:___________________Time:1hour30minutes
1. [3]Whatispooledvarianceincomparingpopulationmeanswithsmallsamples?
2. [10]ArbitronMediaResearch,Inc.conductedastudyoftheradiolisteninghabitsofmenandwomen.One
facetofthestudyinvolvedthemeanlisteningtime.Itwasdiscoveredthatthemeanlisteningtimeformen
was35minutesperday.Thestandarddeviationofthesampleofthe10menstudiedwas10minutesper
day.Themeanlisteningtimeforthe12womanstudiedwas35minutes,butthestandarddeviationofthe
samplewas12minutes.Atthe0.1significancelevel,canweconcludethatthereisadifferenceinthemean
aswellasinthevariationinthelisteningtimesformenandwomen?
3. [12] Theplant manager believes that thetemperature in thepackaging area oftheplant affects the daily
rateofproduction.Toinvestigatetheplanttemperatureissetat65degrees,70degrees,and72degrees.
Thenumberofunitsproducedateachofthesetemperaturesforasampleofdaysiscollected.Atthe.05
significancelevelisthereadifferenceinthedailyproduction?
Temperature
65Degrees70Degrees
6
8
1
14
6
5
3
5
4
3
6
5
7
72Degrees
9
15
10
17
8
7
8
4.
[3]WhatarethepurposesoftheblockingvariablesinconductingANOVA?
5. [4]Writedowntheassumptionsunderlyinglinearregression.
6.
[3]Aregressionequationgivesameasureofthemeanrelationshipbetweenvariables.Explainbriefly.
7.
[6]Thefollowingsampleobservationswererandomlyselected.
X:453610
Y:46577
(a) Determinetheregressionequation.
(b) DeterminethevalueofYwhenXis7.
(c) Computethecoefficientofdetermination.
(d) Interpretthecoefficientofdetermination.
8.
[7]RefertothefollowingANOVAtable.
SourceDFSSMSF
Regression310762903358763410.94
ResidualError82623764327970
Total1113386667
(a) Howlargewasthesample?
(b) Howmanyindependentvariablesarethere?
(c) Computethecoefficientofmultipledetermination?
(d) Computethemultiplestandarderrorofestimate.
(e) Conductaglobaltestofhypothesis,usingthe0.05significancelevel.Interpretthedecision.
(f)
9.
[3]Whatassumptionsdoyoumakeregardingtheshapeofthepopulationingoodnessoffittest?Justifyyour
answer.