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Practice Problems Test 3 4 per page.pdf

Course: STAT 2000, Spring 2009
School: UGA
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Problems Practice for Test 3 1.) (6.5) The distribution of the time it takes a student to complete the fall class registration has a mean of 19 minutes, with a standard deviation of 7.6 minutes. For a random sample of 45 students, a) What is the mean and the standard error of the sampling distribution of the sample mean? b) What can you say about the shape of the sampling distribution of the sample mean? c) What...

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Problems Practice for Test 3 1.) (6.5) The distribution of the time it takes a student to complete the fall class registration has a mean of 19 minutes, with a standard deviation of 7.6 minutes. For a random sample of 45 students, a) What is the mean and the standard error of the sampling distribution of the sample mean? b) What can you say about the shape of the sampling distribution of the sample mean? c) What is the probability that the average of this sample will be less than 17.5 minutes? d) What is the probability that the average of this sample will be within 1 minute of the population mean. 2) (6.4) According to the National Center for Health Statistics, 22.4% of adults are smokers. Suppose a random sample of 300 adults is obtained. a) What is the mean and the standard error of the sampling $ distribution of the sample proportion, p ? b) What can you say about the shape of the sampling $ distribution of p ? c) Using the Empirical Rule, almost all of the sample proportion values will be between _____ and _____. d) Is it likely or unlikely to observe a sample proportion of 0.32 if the population proportion really is 0.224? 3) (7.1) The mean monthly expense for entertainment per household was obtained from data collected by telephone interviews of 1000 randomly selected households, and the 95% confidence interval was computed as: ($86.50, $161.50) a) Does the sample mean fall within the interval? If so, find its value. b) Does the population mean fall within the interval? If so, find its value. c) What is the margin of error? d) A magazine claims that on average households spend $120 per month on entertainment. Would we reject this claim? 4) (7.2) In a poll conducted in May 2000, a news agency took a simple random sample of 1068 Americans and asked them the following question Have you ever been on TV? Of the 1068 Americans, 120 responded Yes and the rest answered No. a) Calculate the point estimate for the proportion of Americans that answered Yes to this question. b) Can a valid 92% confidence interval be constructed for p? c) Determine the standard error and margin of error for a 92% confidence interval for p? d) Give the lower and upper limits for this 92% confidence interval. 5. (7.3) A random sample of 60 eggs from an egg farm was selected and each egg was weighed. The calculated sample mean was 2.1 oz. and the sample standard deviation was 0.35. A 90% confidence interval of the mean weight of eggs was constructed. a) If a 95% confidence interval was constructed the using same sample, which confidence interval would be wider: the 90% C.I. or the 95% C.I.? b) If a 90% confidence interval was constructed using a sample size of 100 eggs with the same sample mean of 2.1 oz, which 90% confidence interval would be narrower (this one or the n=60 one)? c) If you took 500 samples of 60 eggs and created a 90% confidence interval for each sample, approximately how many of these 90% confidence intervals would contain the population mean? 6. (7.3) In a random sample of n = 50 households, the average number of TV viewing hours per week was 35.3 with a sample standard deviation of 12.7 hours. Construct a 99% confidence interval for the mean number of TV viewing hours per week for the population. a) What is the point estimate? b) Find the standard error of the sample mean. c) To obtain a 99% confidence interval of the mean number of TV viewing hours per week in the population, what do we multiply the standard error by to find the margin of error? Find that value. d) For the 99% confidence interval, what is the margin of error? e) Find the upper and lower limits for the 99% confidence interval. 7) (7.4) In a previous sample taken in May 2000, 39% of the people polled answered yes to the following question: do you happen to have in your home or garage any guns or revolvers? How large a sample do we need to estimate the population proportion of ALL people who answered yes to within 0.03 with a 95% level of confidence if a) we want to use the May 2000 sample as our guideline? b) we dont want to guess the proportion by using any previous study? c) Compare the results you obtained in a) and b). Is it something that you would expect? 8) (7.4) A doctor wants to estimate the mean serum HDL cholesterol of all 20-29 year old males. How many subjects would he need in order to estimate the mean serum HDL cholesterol of all 20-29 year old males to within 1.5 points with 95% confidence? Use a sample standard deviation of 12.5. Also, what will happen to the sample size if (i) we increase the margin of error?, or (ii) the sample standard deviation increased? 9) (Chapter 6) Suppose a random sample of 7 data values was selected from a population with mean 6 and standard deviation 0.9. The sample data values are: 5.2, 5.8, 7.9, 8.1, 4.9, 6.2, 6.8 a) What is the sample mean and sample standard deviation? b) What is the mean of the sampling distribution of x ? c) What conditions must be satisfied in order to compute a confidence interval using these values?
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Chapter 1 Managing in Turbulent TimesChapter OutlineI. II. The Definition of Management The Four Management Functions A. Planning B. Organizing C. Leading D. Controlling III. Organizational Performance IV. Management Skills A. Conceptual Skills B.
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Chapter 2 The Evolution of Management ThinkingChapter OutlineI. Management and Organization II. Classical Perspective A. Scientific Management B. Bureaucratic Organizations C. Administrative Principles III. Humanistic Perspective A. The Human Relat
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Chapter 3 The Environment and Corporate CultureChapter OutlineI. The External Environment A. General Environment B. Task Environment II. The Organization-Environment Relationship A. Environmental Uncertainty B. Adapting to the Environment III. The
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Chapter 4 Managing in a Global EnvironmentChapter OutlineI. A Borderless WorldII. The International Business Environment III. The Economic Environment A. Economic Development B. Infrastructure C. Resource and Product Markets D. Exchange Rates IV.
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Chapter 5Ethics and Social ResponsibilityChapter OutlineI. II. What Is Managerial Ethics? Criteria for Ethical Decision-making A. Utilitarian Approach B. Individualism Approach C. III. Moral-Rights Approach D. Justice Approach Factors Affecting E
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Chapter 6 Managing Small Business Start-UpsChapter OutlineI. What Is Entrepreneurship? A. Entrepreneurship Today B. Definition of Small Business C. Impact of Entrepreneurial Companies III. Who Are Entrepreneurs? A. Diversity of Entrepreneurs B. Per
Indiana State - MANAGEMENT - 5689-9856
Chapter 7 Managerial Planning and Goal SettingChapter OutlineI. Overview of Goals and Plans A. Purposes of Goals and Plans II. Goals in Organizations A. Organizational Mission B. Goals and Plans C. Hierarchy of Goals III. Criteria for Effective Goa
Indiana State - MANAGEMENT - 5689-9856
Chapter 8 Strategy Formulation and ImplementationChapter OutlineI. Thinking Strategically A. What Is Strategic Management? B. Grand Strategy C. Global Strategy D. Purpose of Strategy E. Levels of Strategy II. The Strategic Management Process A. Str
Indiana State - MANAGEMENT - 5689-9856
Chapter 9 Managerial Decision MakingChapter OutlineI. Types of Decisions and Problems A. Programmed and Nonprogrammed Decisions B. Certainty, Risk, Uncertainty, and Ambiguity II. Decision Making Models A. Classical Model B. Administrative Model C.
Indiana State - MANAGEMENT - 5689-9856
Chapter 10 Designing Adaptive OrganizationsChapter Outline I. Organizing the Vertical Structure A. Work Specialization B. Chain of Command C. Span of Management D. Centralization and Decentralization II. Departmentalization A. Vertical Functional Ap
Indiana State - MANAGEMENT - 5689-9856
Chapter 11 Managing Change and InnovationChapter OutlineI. Turbulent Times and the Changing Workplace A. Forces for Change B. Need for Change III. Initiating Change A. Search B. Creativity C. Idea Champions and New-Venture Teams IV. Implementing Ch
Indiana State - MANAGEMENT - 5689-9856
Chapter 12 Human Resource ManagementChapter OutlineI. The Strategic Role of Human Resource Management (HRM) A. Competitive Strategy B. Federal Legislation III. The Changing Nature of Careers A. The Changing Social Contract B. HR Issues in the New W
Indiana State - MANAGEMENT - 5689-9856
Chapter 13 Meeting the Challenge of DiversityChapter OutlineI. Valuing Diversity A. Dimensions of Diversity B. Attitudes toward Diversity II. The Changing Workplace A. Challenges Minorities Face B. Management Challenges III. Current Debates about A
Indiana State - MANAGEMENT - 5689-9856
Chapter 15 Information Technology and E-BusinessChapter OutlineI. Information Technology A. Data versus Information B. Characteristics of Useful Information II. Types of Information Systems A. Operations Information Systems B. Management Informatio
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Chapter 16 Operations and Service ManagementChapter OutlineI. Organizations as Production Systems A. Manufacturing and Service Operations B. Operations Strategy C. The Integrated Enterprise II. Designing Operations Management Systems A. Product and
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Chapter 17 Dynamics of Behavior in OrganizationsChapter OutlineI. Organizational Behavior II. Attitudes A. Components of Attitudes B. High Performance Work Attitudes C. Conflicts among Attitudes III. Perception A. Perceptual Selectivity B. Perceptu
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Chapter 18 LeadershipChapter OutlineI. The Nature of LeadershipII. Leadership versus Management III. Leadership Traits IV. Behavioral Approaches A. Ohio State Studies B. Michigan Studies C. The Leadership Grid V. Contingency Approaches A. Fiedler
Indiana State - MANAGEMENT - 5689-9856
Chapter 20 CommunicationChapter OutlineI. Communication and the Managers Job A. What Is Communication? B. The Communication Process II. Communicating Among People A. Communication Channels B. Communicating to Persuade and Influence Others C. Nonver
Indiana State - MANAGEMENT - 5689-9856
Chapter 19 MotivationChapter OutlineI. The Concept of Motivation A. Traditional Approach B. Human Relations Approach C. Human Resource Approach D. Contemporary Approach III. Content Perspectives on Motivation A. Hierarchy of Needs Theory B. ERG The
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Indiana State - MANAGEMENT - 5689-9856
Chapter 1 Managing in Turbulent TimesTrue/False Questions1. As a leader, Anne Mulcahy, CEO of Xerox Corporation was faced with strong Japanese competitors, a weakening US economy, and charges from the Securities and Exchange Commission. Answer: Tru
Indiana State - MANAGEMENT - 5689-9856
Chapter 2 The Evolution of Management ThinkingTrue/False Questions1. According to the opening case, today, Cemex specializes in delivering concrete in the most technologically advanced parts of the world. Answer: False Level: 2 Page: 41 Type: F2.
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Chapter 3 The Environment and Corporate CultureTrue/False Questions1. IBMs new strategy is to focus less on technology and more on relationships. Answer: True 2. Level: 2 Page: 81 Type: FFactors external to the organizations have been primarily t
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Chapter 4 Managing in a Global EnvironmentTrue/False Questions1. Wal-Mart is a well-established company with a global interest who is facing minimal challenges in developing a successful international business. Answer: False 2. Level: 2 Page: 118 T
Indiana State - MANAGEMENT - 5689-9856
Chapter 5 Ethics and Social ResponsibilityTrue/False Questions1. Timberlands focus on philanthropy costs the company more than $2 million in sales each year. Answer: True 2. Level: 2 Page: 155 Type: FEnron, in mid-2000 was Americas 7th largest co
Indiana State - MANAGEMENT - 5689-9856
Chapter 6 Managing Small Business Start-UpsTrue/False Questions1. Carol Weinstock recognized a market for multicultural greeting cards and launched EthnoGraphics. She would be a good example of an entrepreneur. Answer: True 2. Level: 1 Page: 192 Ty
Indiana State - MANAGEMENT - 5689-9856
Chapter 7 Managerial Planning and Goal SettingTrue/False Questions1. The Europa Hotel survived terrorism by carefully planning security measures for guests, employees, and the building. Answer: True 2. Level: 2 Page: 237 Type: FBecause everything
Indiana State - MANAGEMENT - 5689-9856
Chapter 8 Strategy Formulation and ImplementationTrue/False Questions1. Because of Nintendos errors in strategy, they have fallen from number one to number three in the video game industry. Answer: True 2. Level: 2 Page: 267 Type: FGiven the need
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Chapter 9 Managerial Decision MakingTrue/False Questions1. Decision making is easy, given that everybody makes decisions everyday. Answer: False 2. Level: 1 Page: 302 Type: FDecision-making must not be done amid ever-changing factors, unclear inf
Indiana State - MANAGEMENT - 5689-9856
Chapter 10 Designing Adaptive OrganizationsTrue/False Questions1. Organizing is the deployment of organizational resources to achieve strategic goals. Answer: True 2. Level: 1 Page: 350 Type: FOrganizing defines what to do while strategy defines
Indiana State - MANAGEMENT - 5689-9856
Chapter 11 Managing Change and InnovationTrue/False Questions1. Organizational change refers to the adoption of a new idea or behavior by an organization. Answer: True 2. Level: 1 Page: 392 Type: FRedesign and renewal of the total organization is
Indiana State - MANAGEMENT - 5689-9856
Chapter 12 Human Resource ManagementTrue/False Questions1. Human resource management is the set of activities that are undertaken to attract, develop and maintain an effective work force. Answer: True 2. Level: 1 Page: 429 Type: FHuman resource m
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Part V CompensationChapter 10 Managing CompensationOBJECTIVE QUESTIONS 1. In the opening case in chapter 10, an experienced computer programmer complains that new hires start at Sigma, Inc. at 15% more than his salary. Dr. Smiths answer reveals th
Indiana State - MANAGEMENT - 5689-9856
Chapter 9 Developing CareersChapter 9 Developing CareersOBJECTIVE QUESTIONS 1. Career development differs from training in that: a) career development has a short-term focus. Training has a long-term focus. b) career development is initiated by e
Indiana State - MANAGEMENT - 5689-9856
Chapter 8 Training the WorkforceChapter 8 Training the WorkforceOBJECTIVE QUESTIONS 1. Organizations face a number of important training issues such as: a) How can training keep pace with a changing organizational environment? b) How will trainin
Indiana State - MANAGEMENT - 5689-9856
Chapter 7 Appraising and Managing PerformanceChapter 7 Appraising and Managing PerformanceOBJECTIVE QUESTIONS 1. Which of the following is a comprehensive list of the functions in performance appraisal? a) Identifying, measuring, and managing hum
Indiana State - MANAGEMENT - 5689-9856
Chapter 6 Managing Employee Separations, Downsizing, and OutplacementChapter 6 Managing Employee Separations, Downsizing, and OutplacementOBJECTIVE QUESTIONS 1. During the early 2000s, which of the following was true of the business and employmen
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Part III StaffingChapter 5 Recruiting and Selecting EmployeesOBJECTIVE QUESTIONS 1. Carmen is working through a process to ensure her company of the right number of people with the right skills to meet their goals in delivering service and outputs
Indiana State - MANAGEMENT - 5689-9856
Chapter 4 Managing DiversityChapter 4 Managing DiversityOBJECTIVE QUESTIONS: 1. You are the HRM manager in a company with a highly diverse workforce. Over lunch you are explaining to a Caucasian, middle-class, line manager that she needs to use d
Indiana State - MANAGEMENT - 5689-9856
Part II The Contexts of Human Resource ManagementChapter 3 Understanding Equal Opportunity and the Legal EnvironmentOBJECTIVE QUESTIONS 1. The HR departments legal responsibilities include: a) monitoring the companys HR decisions. b) rendering leg
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Chapter 2 Managing Work Flows and Conducting Job AnalysisChapter 2 Managing Work Flows and Conducting Job AnalysisOBJECTIVE QUESTIONS 1. To compete and use its material and human resources effectively, an organization needs a proper fit between i
Indiana State - MANAGEMENT - 5689-9856
Chapter 1 Meeting Present and Emerging Strategic Human Resource ChallengesMULTIPLE CHOICE QUESTIONS 1. As the director of HR, you are in a meeting with your corporate officers discussing the firms deliberate use of human resources to gain a competit
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Part SixChapter 17 International HRM ChallengeCHAPTER OVERVIEW 17.3) (PPT 17.1-This chapter demonstrates how managers can effectively utilize HRM practices to enhance their firms competitive response in an era when the opportunities and challeng
Indiana State - MANAGEMENT - 5689-9856
Part SixChapter 16 Managing Workplace Safety and HealthCHAPTER OVERVIEW 16.2) (PPT 16.1-Organizations realize the importance of social responsibility and that safe organizations are more effective organizations. Moreover, the law requires that t
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Part SixChapter 15 Working with Organized LaborCHAPTER OVERVIEW 15.3) (PPT 15.1-Some employees prefer to work in a unionized setting, whereas others prefer a workplace that is not unionized. This chapter explores the labor-management relationshi
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Part SixChapter 14 Respecting Employee Rights and Managing DisciplineCHAPTER OVERVIEW 14.3) (PPT 14.1-This chapter examines employee rights and employee discipline. The concepts of employee rights, management rights, and the employment-at-will d
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Chapter 13Chapter 13 Developing Employee RelationsCHAPTER OVERVIEW 13.3) (PPT 13.1-This chapter addresses the importance of effective employee relations. It explores the roles of managers and employee relations specialists, and it describes how
Indiana State - MANAGEMENT - 5689-9856
Part FiveChapter 12 Designing and Administering BenefitsCHAPTER OVERVIEW 12.3) (PPT 12.1-The chapter begins with a broad view of the importance of employee benefits and how they are associated with the total compensation package. The two categor
Indiana State - MANAGEMENT - 5689-9856
Chapter 11Chapter 11 Rewarding PerformanceCHAPTER OVERVIEW 11.3) (PPT 11.1-This chapter focuses on the effective design and implementation of pay-forperformance systems. First, it addresses the major challenges and pitfalls facing managers in th
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Part FiveChapter 10 Managing CompensationCHAPTER OVERVIEW 10.2) (PPT 10.1-The way a firm handles compensation-related issues has a direct impact on employees and the business. Compensation affects the firm's ability to attract, retain, and motiv
Indiana State - MANAGEMENT - 5689-9856
Part FourChapter 9 Developing CareersCHAPTER OVERVIEW 9.2) (PPT 9.1-This chapter focuses on the career development process. Firstly, career development is defined. Secondly, the major managerial challenges related to career development are explo
Indiana State - MANAGEMENT - 5689-9856
Chapter 8Chapter 8 Training the WorkforceCHAPTER OVERVIEW 8.3) (PPT 8.1-Organizations face several questions with respect to training. For example, they have to respond to "How can we effectively and efficiently deliver training to employees?" a
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Part FourChapter 7 Appraising and Managing PerformanceCHAPTER OVERVIEW (PPT 7.1-7.2) An important function of effective management is accurate measurement of employee performance. This chapter discusses the foundation, design, and implementation o
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Part ThreeChapter 6 Managing Employee Separations, Downsizing, and OutplacementCHAPTER OVERVIEW 6.1-6.2) (PPTConducting a termination or layoff is one of the most sensitive and difficult things that a manager will ever have to do. There are a nu
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Part ThreeChapter 5 Recruiting and Selecting EmployeesCHAPTER OVERVIEW 5.2) (PPT 5.1-This chapter focuses on staffing, one of the most important HR activities in which the manager is involved. First, the hiring process is defined and discussed.
Indiana State - MANAGEMENT - 5689-9856
Chapter 4Chapter 4 Managing DiversityCHAPTER OVERVIEW 4.2) (PPT 4.1 -One of the greatest challenges facing organizations today is managing workforce diversity in a way that both respects the employees' unique attitudes and promotes a shared sens
Indiana State - MANAGEMENT - 5689-9856
Part TwoChapter 3 Understanding Equal Opportunity and the Legal EnvironmentCHAPTER OVERVIEW 3.2) (PPT 3.1-This chapter examines the aspects of HR law and regulations. The goal is to identify and discuss the laws themselves and how best to comply
Indiana State - MANAGEMENT - 5689-9856
Chapter 2Chapter 2 Managing Work-flows and Conducting Job AnalysisCHAPTER OVERVIEW 2.2) (PPT2.1-(PPT 2.3-2.5) Work-flow is a highly dynamic process, and a well-designed organizational structure will ensure that work is performed efficiently and
Indiana State - MANAGEMENT - 5689-9856
Chapter 1Chapter 1 Meeting Present and Emerging Strategic Human Resource ChallengesCHAPTER OVERVIEW 1.1-1.2) (PPTThis first chapter provides a broad overview of the strategic human resource challenges organizations face, and provides a framework
Indiana State - MANAGEMENT - 5689-9856
Chapter 21 Operations and Service ManagementTrue/False Questions1. R.R. Donnelly was losing money because of the outdated operation systems the company had in place. Answer: True 2. Level: 1 Page: 774 Type: FThe technical core, in an automobile c
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Chapter 20 Information Technology and E-BusinessTrue/False Questions1. A key aspect in the success of Wal-Mart is updating the information technology infrastructure. Answer: True 2. Level: 2 Page: 742 Type: FBy providing managers with more inform