STATS EXAM 3
Percentages %
90% - 100% = 9% = 5% = 95% 95% - 100% = 5% 5% / 2 = 2.5% 95% + 2.5% = 97.5% 97% - 98% - 100% = 2% 99% - 100% = 1% 1% / 2 = 0.5% 99% + 0.5% = 99.5
Why does the sampling distribution of the mean follow a normal distribution for a large enough sample size, even though the population may not be normally distributed?
As the sample size gets large enough, the sampling distribution of the mean is approximately normally distributed.
Why is it not possible to have 100% confidence? Explain.
A 100% confidence interval is not possible unless either the entire population is sampled or an absurdly wide interval of estimates is provided.
If you use a 0.05 level of significance in a two-tail hypothesis test, what decision will you make if ZSTAT=+1.89?
Determine the decision rule. Select the correct choice below and fill in the answer box(es) within your choice. Reject H0 if ZSTAT< −1.96 or ZSTAT > +1.96 State your conclusion. Choose the correct answer below. since ZSTAT does not fall into the rejection region, do not reject
Assuming that the population is normally distributed, construct a 95% confidence interval for the population mean, based on the following sample size of n=7. 1, 2, 3, 4, 5, 6, and 30 In the given data, replace the value 30 with 7 and recalculate the confidence interval. Using these results, describe the effect of an outlier (that is, an extreme value) on the confidence interval, in general.
Find a 95% confidence interval for the population mean, using the formula or technology. - import the data to excel - find the mean, standard deviation, sample size excel x: =average s: =stdev.s n: 7 use: https://www.socscistatistics.com/confidenceinterval/default2.aspx In the given data, replace the value 30 with 7. Find a 95%confidence interval for the population mean, using the formula or technology. - use the same data, but change 30 to 7 - use the same calculator. Using the results from the previous two steps, what is the effect of an outlier (that is, an extreme value) on the confidence interval, in general? A. The presence of an outlier in the original data increases the value of the sample mean and greatly inflates the sample standard deviation, widening the confidence interval.
How do you find the X value that corresponds to a given percentile of the normal distribution?
Find the Z value corresponding to the given percentile, and then use the equation X=μ+Zσ
An industrial sewing machine uses ball bearings that are targeted to have a diameter of 0.88 inch. The lower and upper specification limits under which the ball bearing can operate are 0.865 inch (lower) and 0.895 inch (upper). Past experience has indicated that the actual diameter of the ball bearings is approximately normally distributed, with a mean of 0.884 inch and a standard deviation of 0.006 inch. Suppose a random sample of 22 ball bearings are selected. Complete parts (a) through (e).
Mean: 0.884 σ: 0.006 n: 22 ST. DEV: σ/√n 0.006/√22 0.001279204 a. What is the probability that the sample mean is between the target and the population mean of 0.884? 0.4991 EXCEL: =NORM.DIST X: 0.88 MEAN: 0.884 ST. DEV: 0.001279204 CUMULATIVE: TRUE 0.00088317 =0.5 - 0.00088317 =0.4991 b. What is the probability that the sample mean is between the lower specification limit and the target? 0.0008 EXCEL: =NORM.DIST X: 0.865 MEAN: 0.884 ST. DEV: 0.001279204 CUMULATIVE: TRUE 3.32702E-50 0.00088317 - 3.32702E-50 = 0.0008 c. What is the probability that the sample mean is greater than the upper specification limit? 0.000 EXCEL: =NORM.DIST X: 0.895 MEAN: 0.884 ST. DEV: 0.001279204 CUMULATIVE: TRUE 1 1 - 1 = 0.000 d. What is the probability that the sample mean is less than the lower specification limit? 0.0000 e. The probability is 88% that the sample mean diameter will be greater than what value? 0.882 1 - 0.88 = 0.12 EXCEL =NORM.INV PROBABILITY: 0.12% MEAN: 0.884 ST. DEV: 0.001279204 0.882
The fill amount of bottles of a soft drink is normally distributed, with a mean of 2.0 liters and a standard deviation of 0.06 liter. Suppose you select a random sample of 25 bottles. a. What is the probability that the sample mean will be between 1.99 and 2.0 liters? b. What is the probability that the sample mean will be below 1.98 liters? c. What is the probability that the sample mean will be greater than 2.01 liters? d. The probability is 95% that the sample mean amount of soft drink will be at least how much? e. The probability is 95% that the sample mean amount of soft drink will be between which two values (symmetrically distributed around the mean)?
ST. DEV = 0.06/√25 = 0.012 a. The probability is 0.297 EXCEL: =NORM.DIST X: 1.99 MEAN: 2.0 ST. DEV: 0.012 CUMULATIVE: TRUE 0.20232838 2.0 / 2 = 1 1 / 2 = 0.5 0.5 - 0.20232838 = 0.297 b. The probability is 0.047 EXCEL: =NORM.DIST X: 1.98 MEAN: 2.0 ST. DEV: 0.012 CUMULATIVE: TRUE 0.047 c. The probability is 0.202 EXCEL: =NORM.DIST X: 2.01 MEAN: 2.0 ST. DEV: 0.012 CUMULATIVE: TRUE 0.79767162 1 - 0.79767162 = 0.202 d. There is a 95% probability that the sample mean amount of soft drink will be at least 1.980 liter(s). 95% - 100% = 5% EXCEL =NORM.INV PROBABILITY: 5% MEAN: 2.0 ST. DEV: 0.012 1.980 e. There is a 95% the probability that the sample mean amount of soft drink will be between 1.976 liter(s) and 2.023 liter(s). 95% - 100% = 5% 5% / 2 = 2.5% 95% + 2.5% = 97.5% EXCEL =NORM.INV PROBABILITY: 2.5% MEAN: 2.0 ST. DEV: 0.012 1.976 EXCEL =NORM.INV PROBABILITY: 97.5% MEAN: 2.0 ST. DEV: 0.012 2.023
Suppose the defendant in a particular judicial system is presumed guilty until proven innocent. What are the null and alternative hypotheses? What are the meanings of the risks of committing either a Type I or Type II error?
State the null and alternative hypotheses. H0: The defendant is guilty H1: The defendant is innocent What are the meanings of the risks of committing either a Type I or Type II error? - A Type I error would be not convicting a guilty person. A Type II error would be convicting an innocent person.
A consumer organization wants to estimate the actual tread wear index of a brand name of tires that claims "graded 150" on the sidewall of the tire. A random sample of n=18 indicates a sample mean tread wear index of 135.5 and a sample standard deviation of 21.8. Complete parts (a) through (c).
a. Assuming that the population of tread wear indexes is normally distributed, construct a 95% confidence interval estimate of the population mean tread wear index for tires produced by this manufacturer under this brand name. use: https://www.socscistatistics.com/confidenceinterval/default2.aspx b. Do you think that the consumer organization should accuse the manufacturer of producing tires that do not meet the perfomance information on the sidewall of the tire? Yes, because a grade of 150 is not in the interval. or No, because a grade of 150 is in the interval. c. Explain why an observed tread wear index of 148 for a particular tire is not unusual, even though it is outside the confidence interval developed in (a). It is not unusual because it is only 0.57 standard deviations above the sample mean.
A bottled water distributor wants to estimate the amount of water contained in 1-gallon bottles purchased from a nationally known water bottling company. The water bottling company's specifications state that the standard deviation of the amount of water is equal to 0.05 gallon. A random sample of 50 bottles is selected, and the sample mean amount of water per 1-gallon bottle is 0.975 gallon. Complete parts (a) through (d).
a. Construct a 99% confidence interval estimate for the population mean amount of water included in a 1-gallon bottle. use: https://www.socscistatistics.com/confidenceinterval/default3.aspx b. On the basis of these results, do you think that the distributor has a right to complain to the water bottling company? Why? Yes, because a1-gallon bottle containing exactly 1-gallon of water lies outside the 99% confidence interval. c. Must you assume that the population amount of water per bottle is normally distributed here? Explain. No, because the Central Limit Theorem almost always ensures that X is normally distributed when n is large. In this case, the value of n is large. d. Construct a 90% confidence interval estimate. How does this change your answer to part(b)? use: https://www.socscistatistics.com/confidenceinterval/default3.aspx How does this change your answer to part (b)? A 1-gallon bottle containing exactly 1-gallon of water lies outside the 90% confidence interval. The distributor still has a right to complain to the bottling company.
The table below contains a certain social media company's penetration values (the percentage of a country's population that use this social media) for 14 countries. Complete parts a through c below. 34 58 11 11 28 25 25 29 29 46 80 43 16 33
a. Construct a 99% confidence interval estimate for the population mean social media penetration. excel: mean: =average standard deviation: =stdev.s sample size: use: https://www.socscistatistics.com/confidenceinterval/default2.aspx b. What assumption do you need to make about the population distribution to construct the interval in (a)? The social media penetration is normally distributed. c. Given the data presented, do you think the assumption needed in (a) is valid? Explain. No, the data indicate the population distribution is skewed to the right.
A bottled water distributor wants to determine whether the mean amount of water contained in 1-gallon bottles purchased from a nationally known water bottling company is actually 1 gallon. You know from the water bottling company specifications that the standard deviation of the amount of water is 0.02 gallon. You select a random sample of 50 bottles, and the mean amount of water per 1-gallon bottle is 0.996 gallon. Complete parts (a) through (d) below.
a. Is there evidence that the mean amount is different from 1.0 gallon? (Use α=0.01.) Let μ be the population mean. Determine the null hypothesis, H0, and the alternative hypothesis, H1. H0: μ = 1 H1: μ ≠ 1 What is the test statistic? ZSTAT = X − μ / σ/√n 0.996 - 1 / 0.02/√50 = -1.41 What is/are the critical value(s)? (Use α=0.01.) 0.01/2 = 0.005 - use the t distributuion chart - it's going to be above the % Z = -2.576, 2.58 What is the final conclusion? Fail to reject H0. There is not sufficient evidence that the mean amount is different from 1.0 gallon. b. Compute the p-value and interpret its meaning. What is the p-value? 0.161 = 0.157 or 0.159 - use an online p value calculator. use: https://www.socscistatistics.com/pvalues/normaldistribution.aspx Interpret the meaning of the p-value. Choose the correct answer below. Fail to reject H0. There is not sufficient evidence to warrant rejection of the claim that the mean amount is equal to 1 gallon. c. Construct a 99% confidence interval estimate of the population mean amount of water per 1-gallon bottle. use: https://www.socscistatistics.com/confidenceinterval/default3.aspx d. Compare the results of (a) and (c). What conclusions do you reach? The results of (a) and (c) are the same
An orange juice producer buys oranges from a large orange grove that has one variety of orange. The amount of juice squeezed from these oranges is approximately normally distributed, with a mean of 5.0 ounces and a standard deviation of 0.24 ounce. Suppose that you select a sample of 36 oranges. a. What is the probability that the sample mean amount of juice will be at least 4.68 ounces? b. The probability is 78% that the sample mean amount of juice will be contained between what two values symmetrically distributed around the population mean? c. The probability is 79% that the sample mean amount of juice will be greater than what value?
a. The probability is 1.000 ST. DEV: σ/√n 0.24 / √36 = 0.04 EXCEL: =NORM.DIST X: 4.68 MEAN: 5 ST. DEV: 0.04 CUMULATIVE: TRUE 6.22096E-16 1 - 6.22096E-16 = 1.000 b. There is a 78% probability that the sample mean amount of juice will be contained between 4.95 ounce(s) and 5.04 ounce(s). 78% - 100% = 22% 22% / 2 = 11% 11% - 100% = 89% EXCEL =NORM.INV PROBABILITY: 11% MEAN: 5 ST. DEV: 0.04 4.95 EXCEL =NORM.INV PROBABILITY: 89% MEAN: 5 ST. DEV: 0.04 5.04 c. There is a 79% probability that the sample mean amount of juice will be greater than 4.96 ounce(s). 79% - 100% = 21% EXCEL =NORM.INV PROBABILITY: 21% MEAN: 5 ST. DEV: 0.04 4.96
An industrial sewing machine uses ball bearings that are targeted to have a diameter of 0.77 inch. The lower and upper specification limits under which the ball bearings can operate are 0.76 inch and 0.78 inch, respectively. Past experience has indicated that the actual diameter of the ball bearings is approximately normally distributed, with a mean of 0.775 inch and a standard deviation of 0.007 inch. Complete parts (a) through (e) below.
a. What is the probability that a ball bearing is between the target and the actual mean? EXCEL: =NORM.DIST X: 0.77 MEAN: 0.775 ST. DEV: 0.007 CUMULATIVE: TRUE 0.237525262 EXCEL: =NORM.DIST X: 0.775 MEAN: 0.775 ST. DEV: 0.007 CUMULATIVE: TRUE 0.5 SUBTRACT 0.5 - 0.237525262 = 0.2624 b. What is the probability that a ball bearing is between the lower specification limit and the target? EXCEL: =NORM.DIST X: 0.76 MEAN: 0.775 ST. DEV: 0.007 CUMULATIVE: TRUE 0.016062286 SUBTRACT 0.237525262 - 0.016062286 = 0.2214 c. What is the probability that a ball bearing is above the upper specification limit? EXCEL: =NORM.DIST X: 0.78 MEAN: 0.775 ST. DEV: 0.007 CUMULATIVE: TRUE 0.7624744738 SUBTRACT 1 - 0.7624744738 = 0.2375 d. What is the probability that a ball bearing is below the lower specification limit? - SAME NORM.DIST FROM QB. 0.0160 e. Of all the ball bearings, 94% of the diameters are greater than what value? 94% - 100% = 6% EXCEL: =NORM.INV PROBABILITY: 6% MEAN: 0.775 ST. DEV: 0.007 0.764
Webrooming, researching products online before buying them in store, has become the new norm for some consumers and contrasts with showrooming, researching products in a physical store before purchasing online. A recent study reported that most shoppers have a specific spending limit in place while shopping online. Findings indicate that men spend an average of $245 online before they decide to visit a store. Assume that the spending limit for men is normally distributed and that the standard deviation is $18. Complete parts (a) through (d) below.
a. What is the probability that a male spent less than $211 online before deciding to visit a store? EXCEL X: 211 MEAN: 245 ST. DEV: 18 CUMULATIVE: TRUE 0.0294 b. What is the probability that a male spent between $265 and $291 online before deciding to visit a store? EXCEL =NORM.DIST X: 265 MEAN: 245 ST. DEV: 18 CUMULATIVE: TRUE 0.86673974 EXCEL =NORM.DIST X: 291 MEAN: 245 ST. DEV: 18 CUMULATIVE: TRUE 0.99469908 SUBTRACT 0.86673974 - 0.99469908 =0.1279 c. Ninety-seven percent of the amounts spent online by a male before deciding to visit a store are less than what value? EXCEL =NORM.INV PROBABILITY: 97% MEAN: 245 ST. DEV: 18 278.85 d. Ninety-five percent of the amounts spent online by a male before deciding to visit a store are between what two values symmetrically distributed around the mean? 95% - 100% = 5% 5% / 2 = 2.5% EXCEL =NORM.INV PROBABILITY: 2.5% MEAN: 245 ST. DEV: 18 209.72 95% + 2.5% = 97.5% EXCEL =NORM.INV PROBABILITY: 97.5% MEAN: 245 ST. DEV: 18 280.27
According to reports by interns to an employment website, the mean monthly pay of interns at Company X is $6,559. Suppose that the intern monthly pay is normally distributed, with a standard deviation of $600. Complete parts (a) through (e) below.
a. What is the probability that the monthly pay of an intern at Company X is less than $6,350? EXCEL: =NORM.DIST X: 6350 MEAN: 6559 ST. DEV: 600 CUMULATIVE: TRUE 0.3637 b. What is the probability that the monthly pay of an intern at Company X is between $6,250 and $6,700? EXCEL: =NORM.DIST X: 6250 MEAN: 6559 ST. DEV: 600 CUMULATIVE: TRUE 0.30327651 EXCEL: =NORM.DIST X: 6700 MEAN: 6559 ST. DEV: 600 CUMULATIVE: TRUE 0.59289563 0.59289563 - 0.30327651 = 0.2896 c. What is the probability that the monthly pay of an intern at Company X is greater than $7,100? 0.1836 d. Ninety-eight percent of the monthly intern pays are higher than what value? 98% - 100% = 2% EXCEL =NORM.INV PROBABILITY: 2% MEAN: 6559 ST. DEV: 600 5326 e. Ninety-five percent of the monthly intern pays are between what two values, symmetrically distributed around the mean? 95% - 100% = 5% 5% / 2 = 2.5% 95% + 2.5% = 97.5% EXCEL =NORM.INV PROBABILITY: 2.5% MEAN: 6559 ST. DEV: 600 5383 EXCEL =NORM.INV PROBABILITY: 97.5% MEAN: 6559 ST. DEV: 600 7734