ST372 QUIZ 1 SAS HALL Fall 2013 Ver. A NAME_______________________________________ ID # _________________________________________ I will neither give nor receive help from other students during this quiz Sign ___________________________________________ Problem 1: The t distribution gets closer to the normal distribution as a. b. c. d. e. the median minus the mean becomes positive the sample size increases the sample mean gets closer to zero the sample standard deviation decreases none of the above Problem 2: What is the correct form of a 100(1 )% SMALL-SAMPLE TWO-SIDED confidence interval for A. X ( z )(s / n ) B. X ( z / 2 )(s / n ) C. X (t ,n1 )( s / n ) D. X (t / 2,n1 )( s / n ) E. none of these Problem 3: Establish the probability that the computed t value with degrees of freedom = 14 will fall below 2.977 a) .90 b) .10 c) .995 d) .20 e) .005 Problem 4: If the form for a LARGE SAMPLE two-sided confidence interval for is given by X 2.33(s / n ) , what is the level of confidence? A. 99.5 % B. 99 % C. 96 % D. 97 % E. 98% Problem 5: if the value of the MAXIMUM LIKELIHOOD estimate of the parameter is 7, Then the maximum likelihood estimate of 3 is 343. False True CANNOT BE DETERMINED FROM DATA GIVEN 1 PROBLEMS 6 & 7: Suppose X1 , X 2 , X 3 and X 4 are INDEPENDENT random variables with means of: E[ X1 ] = 3 , E[ X 2 ] = 4 , E[ X 3 ] = 5 and E[ X 4 ] = 6 with variances Var[ X1 ] = 3 , Var[ X 2 ] = 5 , Var[ X 3 ] = 7 and Var[ X 4 ] = 10 Let Y = -7 -2 X1 + 4 X2 - X3 + 5 X4 Problem 6: Find the mean or expected value of Y a) 28 b) 57 c) 35 d) 42 e) 64 Problem 7: Find the variance of Y a) 83 b) 57 c) 349 d) 257 e) 311 Problem 8: If the level of confidence is kept constant, say at 95 %, what happens to the WIDTH of a confidence interval for as n increases a. it could increase or decrease, depending on the value of X b. it remains the same c. it decreases d. it increases e. there is not enough information to answer the question Problem 9: Suppose that we want a 95% two-sided confidence interval for p = proportion of defectives if we observe 7 defectives in 60 items tested (to 3 decimals). a. (.049, .185) b. (.036, .198) c. (.004, .130) d. (.077, .157) e. (.113,.120) Problem 10: Find the LOWER limit of the two-sided 95% confidence intervals for , given the following sample results: sample Mean = 90.70, sample Variance = 1.5, n=10. NOTE you are given VARIANCE not the standard deviation. a) 91.6 b) 89.8 c) 91.3 d) 92.7 e) 90.90 Problem 11: For the data in problem 10: sample Mean = 90.70, sample Variance = 1.5, n=10, a TWO sided 98% Confidence interval for 2 is: a) (.6777,2.3223) b) (.9887,6.2366) c) (1.0646,7.5000) d) (.7097,5.000) e) (.6231,6.4655) Problem 12: For the data in problem 10: sample Mean = 90.70, sample Variance = 1.5, n=10, the LOWER LIMIT of a TWO SIDED TOLERANCE INTERVAL for capturing AT LEAST 95% of the values with a confidence level of 99% is a) 97.10 b) 85.48 c) 95.92 d) 84.30 e) 96.13 2 Problem 13: We are studying a population with unknown mean and a standard deviation that we guess is around 2. We plan to take a random sample and want to construct a 99.9 % twosided confidence interval of length 1.92 (right endpoint MINUS left endpoint = 1.92). How large should the sample size be? a. 34 b. 5 c. 19 d. 47 e. 12 Problem 14: Over the past 27 years, the Lizard Lick Candy Company has produced an average of 57.0 pounds of jalapeño hedgehog birthday cake mix for Washington politicians each day. The records show that for the current year, based on 221 operating days The following information was obtained Sample mean X = 55.60 pounds/day Sample standard deviation s = 2.1 pounds/ day A 99% two-sided confidence interval for the sample mean of the current year a) b) c) d) e) (55.27, 55.93) (55.24, 55.96) (54.30, 56.90) (56.64, 57.36) (56.67, 57.33) is Problem 15: For the same data in problem 10, A 98% ONE-sided LOWER confidence interval for the sample mean of the current year is b) (,55.89) a) (54.30,56.90) c) (55.31, ) d) (,60.39) e) (50.81, ) Problem 16- 18: Suppose X 1 , , X n is a random sample from the GAMMA DENSITY f(x; ) = 1 x e x / , for 0 x , 0 2 Note: in the yellow table book the gamma density and mean and variance are given. with pdf given as Problem 16: The Method of Moments estimator of is a) 3 X b) 3/ X c) X / 2 d) X / 3 e) none of these Problem 17: The Maximum Likelihood estimator of is a) X / 2 b) X / 3 c) 3 X d) 3/ X e) none of these Problem 18: The Method of Moments estimator of is BIASED TRUE FALSE depends on sample size 3 Problem 19-20: An electrical potential will be applied across a resistor. Ohm's law predicts that in such a situation, the current, I, flowing in the circuit will be 1 R1 I=V where R1 is the resistance and V is the potential applied. Suppose that R1 has a mean of 10 ohms and standard deviation of 0.1 ohms, and that V has a mean of 9 volts and a standard deviation of 0.2 volt. Problem 19: Find an approximate MEAN for the current, I, treating V and R1 as INDEPENDENT random variables a) 180 b) 0.0225 c) 0.45 d) 0.9 e) 90 Problem 20: Find an approximate STANDARD DEVIATION for the current I, treating V and R1 as INDEPENDENT random variables a) 0.000105 b) 0.00041 c) 0.01025 4 d) 0.02193 e) none of these EXTRA CREDIT: 5 points What topic or idea are you having the most trouble with in the course thus far? 5