BA 578 SUMMER I 2016
BA 578 SUMMER I 2016
- There are 4 parts:
Part A: Fill in the blank (1-26)
Part B: Write your answers (27-50)
Part C: Fill in the blank and circle your answers (51-53)
Part D: Explaination (54-55)
Part E: Work Problem (56-65) **This part all work must be shown step by step**
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Name: __________________________
ID:
______________________
Online Exam
There are 4 parts:
Part A: Fill in the blank (1-26)
Part B: Write your answers (27-50)
Part C: Fill in the blank and circle your answers (51-53)
Part D: Explaination (54-55)
Part E: Work Problem (56-65) **This part all work must be shown step by step**
**Excel is not acceptable for this test
**Part E: All work must be shown step by step in order to
receive full credit
Part A: Fill in the blank (1-26)
1) The purpose of hypothesis testing is to aid the manager or researcher in reaching a (an)
__________________ concerning a (an) _______________ by examining the data contained in a (an)
_______________ from that ____________________.
2) A hypothesis may be defined simply as __________________________________________.
3) There are two statistical hypotheses. They are the _________________ hypothesis and the
_________________ hypothesis.
4) The statement of what the investigator is trying to conclude is usually placed in the
_________________ hypothesis.
5) The _____________ hypothesis is the hypothesis that is tested.
6) If the null hypothesis is not rejected, we conclude that the alternative _________________.
7) If the null hypothesis is not rejected, we conclude that the null hypothesis _____________.
8) A Type I error occurs when the investigator _____________________________.
9) A Type II error occurs when the investigator _____________________________ .
10) The probability of committing a Type I error is designated by the symbol ____________, which is also
called the ___________________.
11) Values of the test statistic that separate the acceptance region from the rejection are called
_________________ values.
12) The following is a general statement of a decision rule: If, when the null hypothesis is true, the
probability of obtaining a value of the test statistic as____________ as or more _______ than that
actually obtained is less than or equal to , the null hypothesis is____ _________. Otherwise, the null
hypothesis is ______________________ .
13) The probability of obtaining a value of the test statistic as extreme as or more extreme than that
BA 578 SUMMER I 2016
14)
15)
16)
17)
18)
19)
20)
21)
22)
23)
24)
25)
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actually obtained, given that the tested null hypothesis is true, is called ____________ for the
________________test.
When one is testing H0: µ= µ0 on the basis of data from a sample of size n from a normally
distributed population with a known variance of σ 2 , the test statistic is
____________________________________________________.
When one is testing H0: µ= µ0 on the basis of data from a sample of size n from a normally
distributed population with a unknown variance, the test statistic is
___________________________________________________.
The null hypothesis contains a statement of __________________________________.
The statement µ ≥ 0 is an inappropriate statement for the ____________ hypothesis.
The rejection region consists of those values of the ______________ that will cause rejection of the
null hypothesis.
The null hypothesis and the alternative hypothesis are ____________ of each other.
Given , H0: µ= µ0, then Ha : ___________________________________ .
Given H0: µ ≤ µ0, then Ha : ___________________________________ .
Given H0: µ ≥ µ0, then Ha : ___________________________________ .
A statement of what you wish to conclude goes in the ______________.
A market analyst believes that more than 30% of the adults in a certain area regularly read a certain
magazine. The analyst wishes to conduct a hypothesis test to see whether this belief will be
supported. The appropriate statistical hypotheses are: __________________.
Given: H0: µ ≥ 50; Ha: µ < 50; α = 0.05. A simple random sample of size 64 is drawn from a nonnormally distributed population.
X´ = 45, s2 = 256. The computed value of the test statistic is
_________________, which is compared for significance with a value from the
____________________ distribution.
26) Given: H0: µ= 100; Ha: µ ≠ 100; α = 0.03; computed z = 2.25, p = 0.0244. The null hypothesis
should reject because __________________________________________.
Part B: Use questions number 27-50 from page 9-54 to 9-57 to
write your answer below
(27-50).
27
35
43
28
36
44
29
37
45
30
38
46
31
39
47
32
40
48
33
41
49
34
42
50
BA 578 SUMMER I 2016
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Part C: Please fill in the blank and circle your decision or answer
the following questions (51-53).
51. State whether you would reject or fail to reject the null hypothesis in each of the following cases
(two-tailed): Make a decision.
a)
P = 0.12 ;
α =0.05
Decision
Reject / Fail to reject
P = 0.001 ;
α =0.01
Decision
Reject / Fail to reject
b)
52. State whether
H0
should be accepted or rejected for
α =0.05 , given the following;
F¿ =computed F (circle your decision)
a)
F¿ = 2.34; df = 2 and 11
Decision
Reject / Fail to reject
F¿ = 4.29; df = 3 and 24
Decision
Reject / Fail to reject
b)
53. Given the following, complete the ANOVA table and make the correct inference. Using F-value to
make a decision.
Source
Treatments
Error
Total
SS
____
____
40.98
df
2
17
____
MS
3.24
____
F
____
ANSWER
a) What is the hypothesis being tested in this
problem?
b) In the above ANOVA table, is the factor
significant at the 5% level?
c) Number of observations?
Part D: Explain below
(54-55)
54. What does the constant term capture in the equation?
BA 578 SUMMER I 2016
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55. What does the error term capture in the equation?
Part E: Must show all your work step by step in order to receive
the full credit; Excel is not allowed
(56-65).
56. Given the following probabilities, find Z 0 and please draw the shading the area
a.
P
Show your work
Z
≤
Z
(
0 ) =0.0060
b.
−1.67 ≤ Z ≤ Z 0 ) =0.8844
P (
c.
Z> Z 0 )=0.0455
P (
d.
Z ≤ Z ≤3.02 ) =0.0009
P ( 0
e.
Z> Z 0 )=0.7224
P (
f.
Z ≤ Z ≤ Z 0 )=0.9876
P ( 0
Please draw graphs
BA 578 SUMMER I 2016
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57. Work on problem number 28 (a-d) on page 7-26
a)
b)
c)
d)
a)
58. Work on problem number 13 (a-c) on page 7-48
b)
c)
BA 578 SUMMER I 2016
a)
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59. Work on problem number 15 (a-c) on page 7-67
b)
c)
60. Use problem number 12 on page 8-11 to answer the following questions (a-d)
a) Mean
b) Variance
c) Standard deviation
d) Find a 90% confidence interval for the mean μ.
Interpret this interval
BA 578 SUMMER I 2016
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61. Please fill in the computer printout and answer the following questions (a-b).
Given that α=0.05
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.9037
R Square
______
Adjusted R Square
______
Standard Error
______
Observations
______
ANOVA
df
SS
MS
F
Significance F
Regression
1
4.9
______
______
0.03535
Residual
3
1.1
Total
______
______
______
Coefficients
Standard
Error
t Stat
P-value
Lower95%
Upper 95%
Lower 95.0%
Upper 95.0%
Intercept
-0.1
______
-0.15746
0.88488
______
______
______
______
X1
0.7
______
3.65563
0.03535
______
______
______
______
a) Predicting Y given that X=5; confidence interval
α =0.05
b) Estimating mean given that X=5; confidence interval
α =0.05
BA 578 SUMMER I 2016
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62. The following regression equation was obtained using the five independent variables.
Given that
α =0.05
a)
What percent of the variation is explained by the
regression equation?
b)
What is the standard error of regression?
c)
What is the critical value of the F-statistic?
d)
What sample size is used in the print out?
e)
What is the variance of the slope coefficient of income?
f)
Conduct a global test of hypothesis to determine if any of the regression coefficients are not zero.
g)
Conduct a test of hypothesis on each of the independent variables. Would you consider eliminating outlets
BA 578 SUMMER I 2016
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and bosses?
63. Work on problem 3 on page 10-28 (a-d)
a)
b)
c)
d)
64. An ad agency asks each member of a random sample of 60 viewers to indicate which of six
television programs he or she prefers. Let
α=0.05
Program
1
2
3
4
5
6
Total
Number
5
8
10
12
12
13
60
a) Is the χ2 value significant at 5% level of significant?
b) Write the conclusion for this question
BA 578 SUMMER I 2016
65. Work on problem 10 on page 15-10
a) What is you hypothesis testing
b) What is your
χ2 ?
c) Is the χ2 value significant at the 5 % level of significance?
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BA 578 SUMMER I 2016
d) Write the conclusion for this question.
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