QNT 561
Ashford University
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QNT 561 FINAL EXAM 1 – QUESTION AND ANSWERS
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QNT 561 FINAL EXAM 1 – QUESTION AND ANSWERS
1. According to the central limit theorem, for samples of size 64 drawn from a population with µ = 800 and σ = 56, the mean of the sampling distribution of sample means would equal _______.
a. 800
2. The empirical rule says that approximately what percentage of the values would be within 2 standard deviations of the mean in a bell shaped set of data?
a. 95%
3. Ophelia O'Brien, VP of Consumer Credit of American First Banks (AFB), monitors th...
Exam (elaborations)
QNT 561 FINAL EXAM 1 – QUESTION AND ANSWERS
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QNT 561 FINAL EXAM 1 – QUESTION AND ANSWERS 1. According to the central limit theorem, for samples of size 64 drawn from a population with µ = 800 and σ = 56, the mean of the sampling distribution of sample means would equal _______. a. 800 2. The empirical rule says that approximately what percentage of the values would be within 2 standard deviations of the mean in a bell shaped set of data? a. 95% 3. Ophelia O'Brien, VP of Consumer Credit of American First Banks (AFB), monitors th...
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