ECON 216202 Statistics (II) Spring 2024 Assignment 01 Due Date: Tuesday, March 26, 2024 1. Two independent simple random samples are taken to test the difference between the means of two populations whose variances are not known, but are assumed to be equal. The sample sizes are n1 = 31 and n2 = 40. The correct distribution to use is the t distribution with _____ degrees of freedom. a. 73 b. 72 c. 71 d. 69 2. Salary information regarding male and female employees of a large company is shown below. Male Female Sample Size 64 36 Sample Mean Salary (in $1000) 45 41 Population Variance ( ) 128 72 The standard error of the difference between the two sample means is a. 4. b. 7.46. c. 4.24. d. 2.0. 3. The following information was obtained from matched samples taken from two populations. The daily production rates for a sample of workers before and after a training program are 1 shown below. Assume the population of differences is normally distributed. Worker Before After 1 20 22 2 25 23 3 27 27 4 23 20 5 22 25 6 20 19 7 17 18 The point estimate for the difference between the means of the two populations is a. -1. b. -2. c. 0. d. 1. 4. A statistics teacher wants to see if there is any difference in the abilities of students enrolled in statistics today and those enrolled five years ago. A sample of final examination scores from students enrolled today and from students enrolled five years ago was taken. You are given the following information. Today Five Years Ago 82 88 2 σ 112.5 54 n 45 36 The test statistic for the difference between the two population means is a. -.47. b. -.65. c. -1.5. d. -3.0. 2 5. The following information was obtained from independent random samples taken of two populations. Assume normally distributed populations with equal variances. Sample 1 Sample 2 Sample Mean 45 42 Sample Variance 85 90 Sample Size 10 12 The 95% confidence interval for the difference between the two population means is (use rounded standard error) a. -5.344 to 11.344. b. -5 to 3. c. -4.86 to 10.86. d. -2.65 to 8.65. 6. The management of a department store is interested in estimating the difference between the mean credit purchases of customers using the store's credit card versus those customers using a national major credit card. You are given the following information. Store's Card Major Credit Card Sample size 64 49 Sample mean $140 $120 Population standard deviation $10 $8 A 95% confidence interval estimate for the difference between the average purchases of all customers using the two different credit cards is a. 13.31 to 16.69. b. 11.68 to 18.32. c. 12.22 to 17.78. d. 16.68 to 23.32. 7. In order to determine whether or not there is a significant difference between the mean hourly wages paid by two companies (of the same industry), the following data have been accumulated. 3 Company A Company B Sample size 80 65 Sample mean $16.75 $16.25 Population standard deviation $1.00 $.95 The p-value is a. .0010. b. .0021. c. .0042. d. .9990. 8. The results of a recent poll on the preference of shoppers regarding two products are shown below. Shoppers Favoring Product Shoppers Surveyed A 800 560 B 900 612 The standard error of - This Product is a. .025. b. .044. c. .0225. d. .68. 9. The results of a recent poll on the preference of teenagers regarding the types of music they listen to are shown below. Teenagers Favoring Music Type Teenagers Surveyed Pop 800 384 Rap 900 450 This Type The point estimate of the difference between the two population proportions is 4 a. -.02. b. .048. c. .52. d. -.5. 10. Generally, the ________ sample procedure for inferences about two population means provides better precision than the _______ sample approach. a. single, independent b. independent, pooled c. matched, independent d. matched, pooled 11. We are interested in testing whether the variance of a population is significantly less than 1.44. The null hypothesis for this test is a. H0: σ2 < 1.44. b. H0: s2 ≥ 1.44. c. H0: σ < 1.20. d. H0: σ2 ≥ 1.44. 12. The random variable for a chi-square distribution may assume a. any value between -1 to 1. b. any value between -∞ to +∞. c. any negative value. d. any value greater than zero. 13. The manager of the service department of a local car dealership has noted that the service times of a sample of 30 new automobiles has a standard deviation of 5 minutes. A 95% confidence interval estimate for the standard deviation of the service times (in minutes) for all their new automobiles is a. 16.047 to 45.722. b. 15.857 to 45.180. c. 3.982 to 6.722. d. 22.833 to 65.059. 5 14. The chi-square value for a one-tailed (upper tail) hypothesis test at a 5% level of significance and a sample size of 25 is a. 33.196. b. 36.415. c. 39.364. d. 37.652. 15. The 99% confidence interval estimate for a population variance when a sample standard deviation of 12 is obtained from a sample of 10 items is a. 4.589 to 62.253. b. 46.538 to 422.171. c. 54.941 to 746.974. d. 62.042 to 562.895. 16. A sample of 61 observations yielded a sample standard deviation of 6. If we want to test H0: σ2 = 40, the test statistic is a. 54. b. 9.15. c. 54.90. d. 9. 17. 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 2 12.1 5 s The p-value is approximately a. .10. b. .05. 6 c. .025. d. .01. 18. To avoid the problem of not having access to tables of the F distribution when a onetailed test is required and with F values given for the lower tail, let the a. smaller sample variance be the numerator of the test statistic. b. larger sample variance be the numerator of the test statistic. c. sample variance from the population with the smaller hypothesized variance be the numerator of the test statistic. d. sample variance from the population with the larger hypothesized variance be the numerator of the test statistic. 19. Consider the following hypothesis problem. n = 30 H0: σ2 = 500 s2 = 625 Ha: σ2 ≠ 500 At the 5% level of significance, the null hypothesis a. should be rejected. b. should not be rejected. c. should be revised. d. should not be tested. 20. Consider the following sample information from Population A and Population B. Sample A Sample B n 24 16 s2 32 38 We want to test the hypothesis that the population variances are equal. At the 10% level of significance, the null hypothesis a. should be rejected. b. should not be rejected. 7 c. should be revised. d. should not be tested. - End - 8