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QUANTITATIVE RESEARCH METHODS I, IB&M EXAM Questions and Verified Correct Answers Latest U, Exams of Statistics

QUANTITATIVE RESEARCH METHODS I, IB&M EXAM Questions and Verified Correct Answers Latest Update 2024 GRADE A+

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lOMoAR cPS D | 3 878 3 42 5
QUANTITATIVE RESEARCH METHODS I, IB&M
EXAM Questions and Verified Correct
Answers Latest Update 2024 GRADE A+
T
HE
A
NSWERS
1.
It can be very cold in Vroretena, a small village in the northern part
of Sweden. The daily maximum temperatures (in degrees Celsius) for
the last week of last January are:
16
20
14
9
8
10
14
What is the standard deviation in this sample?
a.
That standard deviation is 3.96.
b.
That standard deviation is 4.28.
CORRECT
c.
That standard deviation is 18.33.
d.
That standard deviation is 28.41.
2.
The life span of a special type of light bulb is normally distributed
with mean 4 hours and standard deviation 45 minutes. What is the
probability that one of these light bulbs has a life span of more than 5
hours?
a.
That probability is 0.0918.
CORRECT
b.
That probability is 0.4920.
c.
That probability is 0.5080.
d.
That probability is 0.9082.
3.
Which of the following statements is true?
pf3
pf4
pf5
pf8
pf9
pfa

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Download QUANTITATIVE RESEARCH METHODS I, IB&M EXAM Questions and Verified Correct Answers Latest U and more Exams Statistics in PDF only on Docsity!

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QUANTITATIVE RESEARCH METHODS I, IB&M

EXAM Questions and Verified Correct

Answers Latest Update 2024 GRADE A+

THE ANSWERS

  1. It can be very cold in Vroretena, a small village in the northern part of Sweden. The daily maximum temperatures (in degrees Celsius) for the last week of last January are: − 16 − 20 − 14 − 9 − 8 − 10 − 14 What is the standard deviation in this sample? a. That standard deviation is 3.96. b. That standard deviation is 4.28. CORRECT c. That standard deviation is 18.33. d. That standard deviation is 28.41.
  2. The life span of a special type of light bulb is normally distributed with mean 4 hours and standard deviation 45 minutes. What is the probability that one of these light bulbs has a life span of more than 5 hours? a. That probability is 0.0918. CORRECT b. That probability is 0.4920. c. That probability is 0.5080. d. That probability is 0.9082.
  3. Which of the following statements is true?

a. The probability that both event A and event B occur is at least as large as the probability that event A occurs. b. Once you know the probability that event A occurs and you know the probability that event B occurs, then you can always calculate the conditional probability that event A occurs given that event B occurs. c. The probability that event A or event B occur is at least as large as the probability that event A occurs. CORRECT d. Suppose that event A and event B are independent. Then the conditional probability that event A occurs given that event B occurs is equal to the conditional probability that event B occurs given that event A occurs.

b. The median is not affected by the addition of the two observations. c. The mean can but need not change due to the addition of the two observations. d. The number of outliers increases due to the addition of the two observations. CORRECT

  1. To determine whether the location of population A differs from the location of population B a Wilcoxon rank sum test is executed. From both populations a sample of size 4 is drawn. These samples result in rank sums TA and TB. Three of the four combinations below are impossible. Which one is possible? a. TA =^8 and^ TB =^ 28. b. TA =^18 and^ TB =^ 28. c. TA =^20 and^ TB =^ 16.^ CORRECT d. TA =^20 and^ TB =^ 26.
  2. Suppose that the wages of male managers are normally distributed with a mean of 46,000 euros and a standard deviation of 12,000 euros whereas the wages of female managers are normally distributed with a mean of 38,000 euros and a standard deviation of 14,000 euros. You have collected two independent samples: one containing the wages of 25 male managers and one containing the wages of 20 female managers. What is the standard error of the difference between the two sample means? a. That standard error is 1,180 euros. b. That standard error is 3,945 euros. CORRECT c. That standard error is 10,791 euros. d. That standard error is 12,922 euros.
  3. A botanist investigates whether there is a linear relationship between the age of an apple tree and the number of apples that can be harvested from it during one year. She records the age of 29 trees and the number of apples harvested from each of those trees. This results in: s^2 = 8 , s^2 = 18 , sxy = 6 , x y

8 2 8 where x refers to a tree’s age and y to the number of apples harvested from a tree. The botanist tests at a significance level of 0.05 whether there is a linear relationship between age and number of apples. What does she conclude? a. The relevant t - test statistic lies inside the rejection region; she consequently does not reject the null hypothesis that there is no linear relationship between age and number of apples. b. The relevant t - test statistic lies inside the rejection region; she consequently does reject the null hypothesis that there is no linear relationship between age and number of apples. CORRECT c. The relevant t - test statistic lies outside the rejection region; she consequently does not reject the null hypothesis that there is no linear relationship between age and number of apples. d. The relevant t - test statistic lies outside the rejection region; she consequently does reject the null hypothesis that there is no linear relationship between age and number of apples.

  1. The amount of oil in oil drums is uniformly distributed between 155 and 163 litres. What is the probability that a randomly chosen oil drum contains at least 158 litres oil? a. That probability is 0. b. That probability is 3. c. That probability is 1. d. That probability is 5. CORRECT
  2. A consultant is commissioned to study the accuracy of a ketchup bottle filling machine. He measures the amount of ketchup in a random sample of 80 bottles filled by the machine. In this sample the mean amount of ketchup in a bottle is 101 centilitres and the sample standard deviation is 1.7 centilitres. What is the 95% confidence interval for the variance of the amount of ketchup in a bottle? a. The 95% confidence interval is 1_._ 26 < σ^2 < 2_._ 35. b. The 95% confidence interval is 1_._ 32 < σ^2 < 2_._ 22. c. The 95% confidence interval is 2_._ 13 < σ^2 < 3_._ 99. CORRECT

The scatter diagram must contain the 7 data points. Furthermore, the diagram should be clear. So, the axes should be labelled and have scales on both axes. Secondly, axes should not be truncated (a break in an axis is fine). A perfect scatter diagram yields 5 points. You know the value of the population variance σ^2 , but you are unaware of the fact that the true population mean is 90. This test has a certain power. What would happen with the power of the test if you would double the sample size? a. The power of the test decreases. b. The power of the test remains the same c. The power of the test increases. CORRECT d. You need to know the value of σ^2 in order to be able to say some- thing about possible changes in the power of the test.

  1. In a random sample of 180 students the average summer earnings amounts to 3,000 euros with a standard deviation of 1,800 euro. Es- timate with a 99% confidence level the mean summer earnings of stu- dents. WRONG QUESTION a. The 99% confidence interval is 2723 < μ < 3277. b. The 99% confidence interval is 2726 < μ < 3274. c. The 99% confidence interval is 2974 < μ < 3026. d. The 99% confidence interval is 2983 < μ < 3017. Essay Questions
  2. A scientist investigates to which extent intelligence is transferred from mothers to daughters. He measures the IQ of seven mothers and their daughters, yielding the following table: pair 1 2 3 4 5 6 7 IQ mother ( xi ) (^86 106 111 84 108 115 ) IQ daughter ( yi ) (^90 119 127 105 111 111 ) a. Draw a scatter diagram of the data.

Using the table one obtains: Points: 1 for x ¯, 1 for y ¯, 2 for s^2 x^ , 2 for s^2 y , 2 for sxy. The sample coefficient of correlation is therefore: r = sxy sxsy

= √^ √

= 0_._ 729_._ (2 points) The estimate of the slope is b 1 = (^) ss 2 xy^ = (^109) = 0_._ 655. (2 points) The estimate of the intercept is b 0 = y ¯ − b 1 x ¯ = 110 − 0_._ 655 × 100 = 44_._ 47. (2 points) So, the least squares estimate for the linear regression model is: x^166_.^33 y ˆ = 44._ 47 + 0_._ 655 x ( 2 points) NB: 1 point subtracted if the hat on y is missing or if the equation features ǫ. b. Calculate the sample coefficient of correlation. xi ( xix ¯)^2 yi ( yiy ¯)^2 ( xix ¯)( yiy ¯) 86 196 90 400 280 106 36 119 81 54 111 121 127 289 187 84 256 105 25 80 108 64 111 1 8 115 225 111 1 15 90 100 107 9 30 x ¯ = 100 s

x y ¯=^110 s^2 = 134_._ 33 y sxy^ =^109 c. Calculate the least squares estimate for the linear regression model y = β 0 + β 1 x + ǫ, where the IQ of the mother is the independent variable and the IQ of the daughter is the dependent variable.

  1. Climate scientist Anne investigates whether there are any differences between the climate of the Netherlands and the climate of Belgium. She has obtained the yearly average temperature for the Netherlands and for Belgium for the last 15 years. So, she has obtained two samples with

Bob, a colleague of Anne, has discovered that the population standard deviation regarding Belgian average temperatures is σB = 1_._ 7. He wants to perform the following test using Anne’s (Belgian) data: H 0 : μB = 15 , H 1 : μB > 15 , α = 0_._ 02_._ c. Determine the rejection region of Bob’s test and make a sketch of it. Then calculate the probability that Bob makes a type II error if the true value of the mean Belgian average temperature is μB = 16. The hypotheses are: H 0 : μBμN = 0 , H 1 : μBμN > 0_._ (2 points) From part a. we infer that we can assume that σN^2 = σ^2 B^. So, we have to use the pooled variance estimator 2 2 2 2 s 2 = ( nN − 1) s + ( n (^) B − 1) s s + s p N nN + nB − 2

B = N

B (^) = 3_._ 125_._ (1 point) Under the null hypothesis the test statistic t = ,^ X ¯ BX ¯ N p nB nN t - distributed with 15 + 15 − 2 = 28 degrees of freedom. (1 point) You reject H 0 if t > t 0_._ 10;28 = 1_._ 313. (1 point) The test statistic is s^2 ( 1 + 1 ) is Student t = q^

= 2_._ 324_._ (1 point) (^25) ( 1 + 1 ) 8 15 15 Since 2_._ 324 > 1_._ 313, we reject the null hypothesis and we conclude that there is statistical evidence that the mean Belgian average tem- perature exceeds the mean Dutch average temperature. (2 points) Because t 0_._ 025;28 = 2_._ 048 and t 0_._ 010;28 = 2_._ 467, the p - value of the test lies in between 0.010 and 0.025. (2 points)

Making a type I error can be seen as a ‘success’. Since the samples are independent the number of type I errors Bob makes is binomially distributed with 8 trials. (2 points) The probability that a a type I error occurs when executing a test is equal to the level of significance. So, the succes probability is α = 0_._ 02. (2 points) Therefore: P (3 type I errors) =

× 0_._ 023 × 0_._ 985 = 0_._ 0004_._ (2 points) d. Bob investigates the average (yearly) temperatures of 8 Euro- pean countries. For each country he uses a sample of 15 observa- tions (the 8 samples are independent) and a significance level of α = 0_._ 02 to test whether the mean average temperature exceeds some value. What is the probability that Bob makes exactly 3 type I errors when executing these 8 tests? Under the null hypothesis X ¯ B − 15 √ Bob therefore rejects H 0 if x ¯ B^ − 15 √ is standard normally distributed. > 2_._ 05. Equivalently, Bob rejects H 0 if x ¯ B > 15 + 2_._ 05 × (^) √^1_.^7 = 15._ 90. ( 3 points) The sketch should clearly reveal that the graph of the density function of the normal distribution is symmetric around its mean and bell- shaped. (1 point) The rejection region must be indicated in the graph. (1 point) A type II error occurs if the null hypothesis is not rejected even though it is false. (1 point) If the true value of the mean is μB = 16, then the probability that a type II error occurs is β ( X ¯^ < 15_._ 90 | μ = 16 ). ( 1 point) Hence: β = P X ¯ (^) BμB 15_._ 90 − 16 σB/ nB

= P ( Z < − 0. 228) = 0. 41.

(2 points)