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Statistics for Business Study Set 3
Exam 11: Inferences About Population Variances
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Question 61
Essay
The average score of a sample of 30 students on their second statistics examination was 85 with a standard deviation of 11.Is the variance of the population significantly more than 80? Use a .05 level of significance.
Question 62
Essay
A sample of 22 bottles of soft drink showed a variance of .64 in their contents.At the 5% level, determine whether or not the standard deviation of the population is significantly different from .7 ounces.Use the critical value approach.
Question 63
Essay
A sample of 30 items provided a sample mean of 28 and a sample standard deviation of 6.Test the following hypotheses using α = .05.What is your conclusion? H
0
: σ
2
≤ 25 H
a
: σ
2
> 25
Question 64
Multiple Choice
The sampling distribution used when making inferences about a single population's variance is
Question 65
Multiple Choice
The symbol used for the variance of the sample is
Question 66
Essay
A random sample of 20 observations showed a standard deviation of 8.At a .05 level of significance, test to see if the variance of the population is significantly less than 65.Use the critical value approach.
Question 67
Short Answer
What is the 90% confidence interval estimate of a population standard deviation when a sample variance of 50 is obtained from a sample of 15 items?
Question 68
Multiple Choice
Consider the following hypothesis problem. n = 30 H
0
: σ
2
= 500 S
2
= 625 H
a
: σ
2
≠ 500 At the 5% level of significance, the null hypothesis
Question 69
Multiple Choice
Consider the following hypothesis problem. N = 23 S
2
= 60 H
0
: σ
2
≤ 66 H
a
: σ
2
> 66 If the test is to be performed at the .05 level of significance, the null hypothesis
Question 70
Multiple Choice
A sample of 61 observations yielded a sample standard deviation of 6.If we want to test H
0
: σ
2
= 40, the test statistic is
Question 71
Multiple Choice
The contents of a sample of 26 cans of apple juice showed a standard deviation of .06 ounces.We are interested in testing whether the variance of the population is significantly more than .003.The null hypothesis is
Question 72
Multiple Choice
The symbol used for the variance of the population is
Question 73
Multiple Choice
The 95% confidence interval estimate of a population variance when a sample variance of 324 is obtained from a sample of 81 items is
Question 74
Multiple Choice
A sample of 61 elements is selected to estimate a 95% confidence interval for the variance of the population.The chi-square values to be used for this interval estimation are
Question 75
Multiple Choice
A sample of 21 elements is selected to estimate a 90% confidence interval for the variance of the population.The chi-square value(s) to be used for this interval estimation is(are)
Question 76
Multiple Choice
Based on the sample evidence below, we want to test the hypothesis that population A has a larger variance than population B. Sample A Sample B N 11 10 S
2
12) 1 5 The p-value is approximately