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MATH 533 Final Exam Set 1 (New) To Purchase This Material Click below Link http://www.math533rank.com/product-47-MATH-533-Final-Exam-Set-1-(New) FOR MORE CLASSES VISIT www.math533rank.com

1. (TCO D) PuttingPeople2Work has a growing business placing out-of-work MBAs. They claim they can place a client in a job in their field in less than 36 weeks. You are given the following data from a sample. Sample size: 100 Population standard deviation: 5 Sample mean: 34.2 Formulate a hypothesis test to evaluate the claim. (Points : 10) Ans. b. H0 must always have equal sign, < 36 weeks 2. (TCO B) The Republican party is interested in studying the number of republicans that might vote in a particular congressional district. Assume that the number of voters is binomially distributed by party affiliation (either republican or not republican). If 10 people show up at the polls, determine the following: Binomial distribution 3. (TCO A) Company ABC had sales per month as listed below. Using the Minitab output given, determine: (A) Range (5 points); (B) Median (5 points); and (C) The range of the data that would contain 68% of the results. (5 points). Raw data: sales/month (Millions of $)


(TCO A) Company ABC had sales per month as listed below. Using the MegaStat output given, determine: (A) Range (5 points) (B) Median (5 points) (C) The range of the data that would contain 68% of the results. (5 points) 4. (TCO C, D) Tesla Motors needs to buy axles for their new car. They are considering using Chris Cross Manufacturing as a vendor. Tesla's requirement is that 95% of the axles are 100 cm ± 2 cm. The following data is from a test run from Chris Cross Manufacturing. Should Tesla select them as a vendor? Explain your answer. Descriptive statistics Tesla Motors needs to buy axles for their new car. They are considering using Chris Cross Manufacturing as a vendor. Tesla’s requirement is that 95% of the axles are 100 cm ± 5 cm. The following data is MegaStat output from a test run from Chris Cross Manufacturing. Descriptive statistics Question: Should Tesla select them as a vendor? Explain your answer. Answers (1) •

Given that,

Tesla Motors needs to buy axles for their new car. They are considering using Chris Cross Manufacturing as a vendor. Tesla’s requirement is that 95% of the axles are 100 cm ± 5 cm. The following data is MegaStat output from a test run from Chris Cross Manufacturing: 5. (TCO D) A PC manufacturer claims that no more than 2% of their machines are defective. In a random sample of 100 machines, it is found that 4.5% are defective. The manufacturer claims this is a fluke of the sample. At a .02 level of significance, test the manufacturer's claim, and explain your answer. Final Page 2


1. (TCO B) The following table gives the number of visits to recreational facilities by kind and geographical region. (Points : 30) 2. (TCO B, F) The length of time Americans exercise each week is normally distributed with a mean of 15.8 minutes and a standard deviation of 2.2 minutes X

P(Xâ&#x2030;¤x)

11

.0146 .9854 15.8

2.2

15

.3581 .6419 15.8

2.2

21

.9910 .0090 15.8

2.2

24

.9999 .0001 15.8

2.2

p(lower)

P(Xâ&#x2030;Ľx)

Mean Std dev

p(upper)


Math 533 final exam set 1 (new)