Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd
Upload
3 views

Problem-Set_13_Students-copy (1)

The document contains a problem set focused on statistical concepts such as the mean, variance, and standard error related to sampling distributions. It includes multiple-choice questions, calculations for finite population correction factors, and problem-solving exercises involving sample means and standard deviations. The content is designed to assess understanding of key statistical principles and their applications.

Uploaded by

barba.mari2020
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
3 views

Problem-Set_13_Students-copy (1)

The document contains a problem set focused on statistical concepts such as the mean, variance, and standard error related to sampling distributions. It includes multiple-choice questions, calculations for finite population correction factors, and problem-solving exercises involving sample means and standard deviations. The content is designed to assess understanding of key statistical principles and their applications.

Uploaded by

barba.mari2020
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

Problem set

Finding
#13: the
Mean and
TEST I: Read and analyze each statement carefully. Choose the letter that corresponds to the correct answer. Write your
Variance of
answer on the space provided.

_______1. What isSampling


the mean of the sampling distribution of the sample mean?
A. Equal to the population mean B. Greater than the population mean
C. Less than theDistribution
population mean D. Depends on the sample size
_______2. If the population standard deviation is 10 and the sample size is 25, what is the standard error/deviation of
the mean? A. 2 B. 2.5 C. 5 D. 10
_______3. According to the Central Limit Theorem, as sample size increases, the sampling distribution of the sample
mean approaches:
A. A uniform distribution B. A normal distribution C. A binomial distribution D. An exponential distribution
_______4. What effect does increasing the sample size have on the standard error of the mean?
A. Increases it B. Decreases it C. No effect D. Depends on the population size
_______5. If a population has a mean of 50 and a standard deviation of 5, what is the mean of the sampling distribution
of the sample mean for samples of size 16? A. 45 B. 50 C. 55 D. 60
_______6. In the context of sampling distributions, what does the term 'standard error' refer to?
A. The standard deviation of the population B. The standard deviation of the sample
C. The standard deviation of the sampling distribution of the sample mean D. The error made during data collection
_______7. Which of the following is true about the variance of the sampling distribution of the sample mean?
A. It is equal to the population variance B. It is greater than the population variance
C. It is less than the population variance D. It is unrelated to the population variance
_______8. If the sample size increases, what happens to the variance of the sampling distribution of the sample mean?
A. Increases B. Decreases C. Remains the same D. Becomes unpredictable
_______9. For a population that is not normally distributed, the sampling distribution of the sample mean will be
approximately normal if the sample size is:
A. Less than 15 B. At least 30 C. At least 50 D. At least 100
_______10What is the relationship between sample size and the accuracy of the sample mean as an estimate of the
population mean?
A. No relationship B. Larger sample sizes lead to less accurate estimates
C. Larger sample sizes lead to more accurate estimates D. Accuracy is solely dependent on the population size
TEST II: Find the finite population correction factor given the following:
1. N=200 ,n=10
2. N=2000 ,n=10
3. N=400 , n=40
TEST III: Problem Solving

1. Consider all samples of size 5 from this population: 2, 5, 6, 8, 10, 12, 13


A. Compute the mean (μ) and standard deviation (σ) of the population.
B. List all samples of size 5 and compute the mean for each sample.
C. Construct the sampling distribution of the sample means.
D. Calculate the mean of the sampling distribution of the sample means. Compare this to the mean of the
population.
E. Calculate the standard deviation of the sampling distribution of the sample means. Compare this to the
standard deviation of the population.
2. The scores of individual students on a national test have a normal distribution with mean 18.6 and standard
deviation 5.9. At Federico Ramos Rural High School, 76 students took the test. If the scores at this school have
the same distribution as national scores, what are the mean and standard deviation of the sample mean for 76
students?
3. In 2015, the mean return of all common stocks on the Philippine Stock Exchange was 3.5%. The standard
deviation of the returns was about 26%. A student of finance forms all possible portfolios that invested equal
amounts in 5 of these stocks and records the return for each portfolio. This return is the average of the returns of
the 5 stocks chosen. What are the mean and standard deviation of the portfolio returns?

You might also like