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Statistics for Business and Economics Study Set 3
Exam 7: Sampling and Sampling Distributions
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Question 1
Multiple Choice
Which of the following statements about cluster sampling is false?
Question 2
Multiple Choice
A sample of 25 observations is taken from an infinite population. The sampling distribution of
is
Question 3
Multiple Choice
A sA sample of 51 observations will be taken from an infinite population. The population proportion equals 0.85. The probability that the sample proportion will be between 0.8327 and 0.8631 is
Question 4
Multiple Choice
A random sample of 144 bottles of cologne showed an average content of 4 ounces. It is known that the standard deviation of the contents (i.e., of the population) is 0.3 ounces. The point estimate of the mean content of the bottles is
Question 5
Multiple Choice
The desired situation is when the sampled population is _____ the targeted population.
Question 6
Multiple Choice
The absolute value of the difference between the point estimate and the population parameter it estimates is the _____ error.
Question 7
Multiple Choice
A random sample of 144 bottles of cologne showed an average content of 4 ounces. It is known that the standard deviation of the contents (i.e., of the population) is 0.3 ounces. The standard error of the mean equals