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QNT 275 FINAL EXAM

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QNT 275 FINAL EXAM The regression model y = A + Bx + e is: • a nonlinear model • a deterministic model • a probabilistic model • an exact relationship The mean of a discrete random variable is the mean of its: • frequency distribution • percentage distribution • probability...

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  • February 15, 2022
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  • 2022/2023
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QNT 275 FINAL EXAM
The regression model y = A + Bx + e is:

 a nonlinear model
 a deterministic model
 a probabilistic model
 an exact relationship



The mean of a discrete random variable is the mean of its:

 frequency distribution
 percentage distribution
 probability distribution
 second and third quartiles



The p-value is the:

 smallest significance level at which the null hypothesis cannot be rejected
 largest significance level at which the alternative hypothesis can be rejected
 largest significance level at which the null hypothesis can be rejected
 smallest significance level at which the null hypothesis can be rejected



A quantitative variable is the only type of variable that can:

 be graphed
 have no intermediate values
 assume numeric values for which arithmetic operations make sense
 be used to prepare tables



To make tests hypotheses about more than two population means, we use the:

 analysis of variance distribution
 normal distribution
 t distribution
 chi-square distribution

, In a survey regarding job satisfaction, 574 in a sample of 934 female job-holders stated
that they are satisfied with their jobs, while 500 in a sample of 755 male job-holders
stated that they are satisfied with their jobs. The null hypothesis is that the proportions
of all female and male job-holders who are satisfied with their jobs are the same. The
alternative hypothesis is that the proportion of female job-holders who are satisfied
with their jobs is lower than the proportion of male job-holders stated who are satisfied
with their jobs. The significance level is 2.5%.

What is the critical value of z for the hypothesis test?

 -2.05
 -1.96
 -2.33
 -2.17



In a game of four-handed Hearts, all 52 cards of a standard deck are dealt, so that each
player starts each round with 13 cards in a hand. Suppose player A’s hand has three
clubs, six diamonds, two hears, and two spades. What is the relative frequency of
spades, rounded to two decimal places, dealt to player A?

 0.75
 0.15
 1.5
 0.25



Two events are independent if the occurrence of one event:

 Means that the second event is certain to occur.
 Does not affect the probability of the occurrence of the other event.
 Affects the probability of the occurrence of the other event.
 Means that the second event cannot occur.



The model y = A + Bx is a:

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