BUA 823 Test

subject Type Homework Help
subject Pages 5
subject Words 770
subject Authors David M. Levine David F. Stephan, Kathryn A. Szabat

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The number of power outages at a nuclear power plant has a Poisson distribution with a
mean of 6 outages per year. The variance of the number of power outages is ________.
TABLE 2-14
The table below contains the number of people who own a portable Blu-ray player in a
sample of 600 broken down by gender.
Referring to Table 2-14, ________ percent of the 600 were females.
TABLE 5-8
Two different designs on a new line of winter jackets for the coming winter are
available for your manufacturing plants. Your profit (in thousands of dollars) will
depend on the taste of the consumers when winter arrives. The probability of the three
possible different tastes of the consumers and the corresponding profits are presented in
the following table.
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Referring to Table 5-8, if you decide to choose Design A for 70% of the production
lines and Design B for the remaining production lines, what is the coefficient of
variation of your investment?
Referring to Table 14-18, what should be the decision ('reject' or 'do
not reject') on the null hypothesis when testing whether SAT makes a
signi"cant contribution to the model in the presence of Toe90 at a
0.05 level of signi"cance?
TABLE 14-18
A logistic regression model was estimated in order to predict the
probability that a randomly chosen university or college would be a
private university using information on mean total Scholastic Aptitude
Test score (SAT) at the university or college and whether the TOEFL
criterion is at least 90 (Toe90 = 1 if yes, 0 otherwise). The
dependent variable, Y, is school type (Type = 1 if private and 0
otherwise).
The PHStat output is given below:
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TABLE 13-3
The director of cooperative education at a state college wants to examine the effect of
cooperative education job experience on marketability in the work place. She takes a
random sample of 4 students. For these 4, she finds out how many times each had a
cooperative education job and how many job offers they received upon graduation.
These data are presented in the table below.
Referring to Table 13-3, the error or residual sum of squares (SSE) is ________.
TABLE 9-11
An appliance manufacturer claims to have developed a compact microwave oven that
consumes a population mean of no more than 250 W. From previous studies, it is
believed that power consumption for microwave ovens is normally distributed with a
population standard deviation of 15 W. If there is evidence that the population mean
consumption is greater than 250 W, the manufacturer will be unable to make the claim.
Referring to Table 9-11, if you select a sample of 20 compact microwave ovens and are
willing to have a level of significance of 0.05, the probability of making a Type II error
is ________ if the mean power consumption of all such microwave ovens is in fact
257.3 W.
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TABLE 5-8
Two different designs on a new line of winter jackets for the coming winter are
available for your manufacturing plants. Your profit (in thousands of dollars) will
depend on the taste of the consumers when winter arrives. The probability of the three
possible different tastes of the consumers and the corresponding profits are presented in
the following table.
Referring to Table 5-8, if you decide to choose Design A for 30% of the production
lines and Design B for the remaining production lines, what is the coefficient of
variation of your investment?
Given that X is a normally distributed variable with a mean of 50 and a standard
deviation of 2, find the probability that X is between 47 and 54.
TABLE 17-11
A logistic regression model was estimated in order to predict the probability that a
randomly chosen university or college would be a private university using information
on mean total Scholastic Aptitude Test score (SAT) at the university or college, the
room and board expense measured in thousands of dollars (Room/Brd), and whether the
TOEFL criterion is at least 550 (Toefl550 = 1 if yes, 0 otherwise.) The dependent
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variable, Y, is school type (Type = 1 if private and 0 otherwise).
Referring to Table 17-11, what is the estimated odds ratio for a school with a mean SAT
score of 1250, a TOEFL criterion that is at least 550, and the room and board expense
of 5 thousand dollars?
In testing for the differences between the means of two related populations, you assume
that the differences follow a(n) ________ distribution.

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