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Material Type: Exam; Class: Introduction to Statistics; Subject: Mathematics; University: Colgate University; Term: Spring 2003;
Typology: Exams
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May 9, 2003 Math 102 / Core 143 Section AX and BX — Final Exam II
Show all work clearly for partial credit — an unevaluated expression is worth more than the numerical answer.
(a) Assuming that the households surveyed were simple random sample of the city, what is a 95% confidence interval for the average monthly electric bill in the city? (b) How many households would the survey have had include to get a 95% confidence interval only half as wide (assuming similar average and SD)? (c) The power company claims that 60% of the city’s households use electric heat. Is the survey’s result significant evidence that the company’s estimate is too high? (d) Suppose the survey sample was conducted by e-mail, using the client list of an internet service provider. How might that have biased the results?
(a) If two cards are chosen at random without replacement, what is the probability that both of them are clubs? (b) If a card is chosen at random, what is the probability that it is either a king or a club? (c) What is the probability of getting a king at least once if a card is drawn 8 times with replacement? (d) What is the probability of getting a club exactly 5 times if a card is drawn 8 times with replacement?
(a) What are your expected total winnings, give or take how much, if you bet splits ( winners out of 38 numbers, paying 17 to 1)? (b) What are your expected average winnings, give or take how much, if you bet sections (12 winners out of 38 numbers, paying 2 to 1)? (c) With which game are you more likely to lose more than $10? Explain.
(a) What should we guess is the welfare rate in a village with an employment rate of 92%? (b) How far should we expect our guess in (a) to be off? (c) If we found that the welfare rate in that village was really 7%, what is the corresponding residual?
(a) How might going to the restaurant have caused its customers to have colds? (b) How might the fact that they have colds caused people to eat at the restaurant? (c) What other factor may have caused people both to get colds and to eat at the restaurant?
√ 1 − (−.6)^2 (6%) = 4.8%. (c) 7% − 6 .2% = .8%. (I won’t take off points for the sign, because we haven’t talked about it much.)