100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MAT 2001 STATISTICAL REASONING EXAM Q & A WITH RATIONALES 2024. $10.49   Add to cart

Exam (elaborations)

MAT 2001 STATISTICAL REASONING EXAM Q & A WITH RATIONALES 2024.

 1 view  0 purchase
  • Course
  • Institution

MAT 2001 STATISTICAL REASONING EXAM Q & A WITH RATIONALES 2024.

Preview 3 out of 24  pages

  • January 26, 2024
  • 24
  • 2023/2024
  • Exam (elaborations)
  • Unknown
avatar-seller
MAT 2001

Statistical Reasoning

COMPLETED EXAM


2024

,1. A researcher wants to test the hypothesis that the mean height of
men in a certain population is 175 cm. He collects a random sample
of 100 men and measures their heights. The sample mean is 173
cm and the sample standard deviation is 10 cm. What is the
appropriate test statistic for this hypothesis test?
A) t = -1.96
B) t = -2
C) z = -1.96
D) z = -2
Answer: B) t = -2
Rationale: Since the population standard deviation is unknown, a t-
test is appropriate. The test statistic is calculated as t = (x̄ - μ) / (s /
√n), where x̄ is the sample mean, μ is the population mean, s is the
sample standard deviation, and n is the sample size. Plugging in the
given values, we get t = (173 - 175) / (10 / √100) = -2.

2. A survey asks 500 people to rate their satisfaction with a new
product on a scale from 1 (very dissatisfied) to 5 (very satisfied). The
results are summarized in the following table:

| Rating | Frequency |
|--------|-----------|
|1 | 50 |
|2 | 75 |
|3 | 150 |
|4 | 125 |
|5 | 100 |

What is the mean rating of the product?
A) 3
B) 3.1
C) 3.2
D) 3.3

, Answer: C) 3.2
Rationale: The mean rating is calculated as the weighted average of
the ratings and their frequencies, i.e., (1*50 + 2*75 + 3*150 + 4*125
+ 5*100) / 500 = = 3.2.

3. A coin is tossed 10 times and the number of heads is recorded.
What is the probability distribution of the number of heads?
A) Binomial with n = 10 and p = 0.5
B) Binomial with n = 0.5 and p = 10
C) Poisson with λ = 10
D) Poisson with λ = 0.5
Answer: A) Binomial with n = 10 and p = 0.5
Rationale: The number of heads follows a binomial distribution with
n equal to the number of trials (10) and p equal to the probability of
success (0.5).

4. A random variable X has a normal distribution with mean μ and
standard deviation σ. What is the probability that X is within one
standard deviation of the mean, i.e., P(μ - σ < X < μ + σ)?
A) 0.3413
B) 0.4772
C) 0.6826
D) 0.9544
Answer: C) 0.6826
Rationale: The probability that X is within one standard deviation of
the mean is equal to the area under the normal curve between μ - σ
and μ + σ, which can be found using a standard normal table or a
calculator. The answer is approximately 0.6826.

5. A confidence interval for a population parameter is calculated
from a sample statistic and its margin of error. What does a 95%
confidence level mean?
A) There is a 95% chance that the population parameter is equal to
the sample statistic.
B) There is a 95% chance that the population parameter is within the

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ClementeO. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73773 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.49
  • (0)
  Add to cart