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    Lesson 7 Introduction To Statistics Elementary Problems

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    PranjalSharma
    This document provides examples of probability and statistical calculations involving means, standard deviations, and confidence intervals. It includes problems related to the probability of scores falling within certain ranges given a mean and standard deviation, the probability of a sample mean falling within a given range, constructing a 95% confidence interval, finding p-values for a given test statistic in left-tailed, right-tailed, and two-tailed tests, and hypothesis testing regarding whether a sample mean is less than or equal to a hypothesized population mean.

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    Lesson 7 Introduction To Statistics Elementary Problems

    Uploaded by

    PranjalSharma
    80 views2 pages
    This document provides examples of probability and statistical calculations involving means, standard deviations, and confidence intervals. It includes problems related to the probability of scores falling within certain ranges given a mean and standard deviation, the probability of a sample mean falling within a given range, constructing a 95% confidence interval, finding p-values for a given test statistic in left-tailed, right-tailed, and two-tailed tests, and hypothesis testing regarding whether a sample mean is less than or equal to a hypothesized population mean.

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    Lesson 7 Basic Stats

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    This document provides examples of probability and statistical calculations involving means, standard deviations, and confidence intervals. It includes problems related to the probability of scores falling within certain ranges given a mean and standard deviation, the probability of a sample mean falling within a given range, constructing a 95% confidence interval, finding p-values for a given test statistic in left-tailed, right-tailed, and two-tailed tests, and hypothesis testing regarding whether a sample mean is less than or equal to a hypothesized population mean.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    80 views2 pages

    Lesson 7 Introduction To Statistics Elementary Problems

    Uploaded by

    PranjalSharma
    This document provides examples of probability and statistical calculations involving means, standard deviations, and confidence intervals. It includes problems related to the probability of scores falling within certain ranges given a mean and standard deviation, the probability of a sample mean falling within a given range, constructing a 95% confidence interval, finding p-values for a given test statistic in left-tailed, right-tailed, and two-tailed tests, and hypothesis testing regarding whether a sample mean is less than or equal to a hypothesized population mean.

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    Lesson 7 Introduction to Statistics

    ELEMENTARY PROBLEMS

    For a given Mean 494 and standard deviation = 100

    1. What is the probability that a randomly selected score is between 600 and its mean.
    2. What is the probability of obtaining a score more than 700.
    3. Score that is less than 550.
    4. Score between 300 and 600.

    Suppose during any hour in large departmental store, the average number of shoppers is 448,
    with the standard deviation of 21 shoppers. What is the probability that a random sample of 49
    different shopping hours will yield a sample mean between 441 and 446 shoppers.

    Mercury makes a 2.4 lt V-6 engine, The Laser XRi, used in speedboats. The companies engineer believe
    that the engine delivers an average power of 220 horsepower and that the standard deviation of power
    delivered is 15 horsepower. A potential buyer intends to sample 100 engines(each engine to be run a
    single time). What is the probability that the sample mean will be less than 217 horsepower?

    Comcast, the computer services company, is planning to invest heavily in online television services. As
    part of the decision, the company wants to estimate the average no of online shows a family of four would
    watch per day. A random sample of n=100 families is obtained, and in this sample the average no of shows
    viewed per day is 6.5 and the population standard deviation is known to be 3.2. Construct a 95%
    confidence interval for the average no of online television shows watched by the entire population of
    families of four.

    A stock market analyst wants to estimate the average return on a certain stock. A random sample of 15
    days yields an average (annualized) return of Xbar=10.37% and a standard deviation of s=3.5%. Assuming
    a normal population of returns, give a 95% confidence interval for the average return on this stock.
    In a hypothesis test, the test statistic Z=-1.86.

    1. Fins the p-value if the test is a) left-tailed, b) right-tailed, and c) two-tailed.


    2. In which of these three cases will H0 be rejected at an alpha of 5%

    An automatic bottling machine fills cola into 2 lt (2000 cm3) bottles. A consumer advocate wants to test
    the null hypothesis that the average amount filed by the machine into the bottle is at least 2,000 cm3. A
    random sample of 40 bottles coming out of the machine was selected and the exact content of the
    selected bottles are recorded. The sample mean was 1,999.6 cm3. The population standard deviation is
    known from the past experience to be 1.30 cm3.

    1. Test the null hypothesis at an alpha of 5%


    2. Assume that the population is normally distributed with the same sd of 1.30 cm3. Assume that
    the sample size is only 20 but the sample mean is the same 1,999.6 cm3. Conduct the test once
    again at an alpha of 5%.
    3. If there is a difference in the two test results, explain the reason for the difference.

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