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Aplia PROD SRVMaterialswoody - Hughes 0018 f10 - Test3 - 111510
Aplia PROD SRVMaterialswoody - Hughes 0018 f10 - Test3 - 111510
I. MULTIPLE CHOICE: (2 points each) Carefully read each question and response before selecting the
one best answer. Clearly write the letter corresponding to your response on the Answer Sheet.
1. A random sample of 81 students at a local university showed that they work an average of 100 hours per month.
The population standard deviation is known to be 27 hours. Compute a 95% confidence interval for the mean hours
per month all students at the university work. (5)
2. A random sample of 26 checking accounts at a bank showed an average daily balance of $300 and a standard
deviation of $45. The balances of all checking accounts at the bank are normally distributed. Develop a 95%
confidence interval estimate for the mean of the population. (5)
3. The average gasoline price of one of the major oil companies has been $1.00 per gallon. Because of shortages in
production of crude oil, it is believed that there has been a significant increase in the average price. In order to test
this belief, we randomly selected a sample of 36 of the company's gas stations and determined that the average
price for the stations in the sample was $1.10. Assume that the standard deviation of the population ( ) is $0.12.
(9)
a. State the null and the alternative hypotheses.
b. Test the claim at .05.
c. Estimate the p-value associated with the above sample results.
4. The following sample information is given concerning the ACT scores of high school seniors form two local
schools.
School A School B
n1 14 n2 15
25 23
16 10
Develop a 95% confidence interval estimate for the difference between the two populations. (5)
5. The management of Recover Fast Hospital (RFH) claims that the average length of stay in their hospital after a
major surgery is less than the average length of stay at General Hospital (GH). The following data have been
accumulated to test their claim. (9)
RFH GH
Sample size 45 58
Mean (in days) 4.6 4.9
Population Standard Deviation () 0.5 0.6
6. In order to estimate the difference between the average mortgages in the southern states and the northern states, the
following information was gathered.
Southern Northern
Sample Size 40 45
Sample Mean (in $1,000) $170 $175
Sample Standard Deviation (in $1,000) $5 $7
Develop an interval estimate for the difference between the average of the mortgages in the
South and North. Let alpha 0.05 and degrees of freedom = 79 (5)
7. Information regarding the ACT scores of samples of students in three different majors is given below. (9)
Major
Management Finance Accounting
28 22 29
26 23 27
25 24 26
27 22 28
21 24 25
19 26 26
27 27 28
17 29 20
17 28 20
23 24
28
28
29
Sums 230 225 338
Means 23 25 26
Variances 18 6.75 9.33
ANOVA
Source of Variation SS df MS p-value F F crit
Between Groups 51.468 2 25.73 0.1248 2.27 3.33
Within Groups 328 29 11.31
Total 379.468 31
8. The office of records at a university has stated that the proportion of incoming female students who major in
business has increased. A sample of female students taken several years ago is compared with a sample of female
students this year. Results are summarized below. Has the proportion increased significantly? Test at alpha .10.
(9)