FinalExam_2003_SOL

# FinalExam_2003_SOL - SCHULICH SCHOOL OF BUSINESS YORK...

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SCHULICH SCHOOL OF BUSINESS YORK UNIVERSITY SESSION: FALL 2003 Final Examination NAME: SOLUTION COURSE NO: MGTS1000 3.0 C, D, E I.D. # : COURSE TITLE: Statistics for Management Decisions PROFESSORS: A. Marshall, D. Nevo NUMBER OF PAGES : 16 pages (NOT including this cover page) LENGTH OF EXAMINATION: 180 minutes (3 hours) EXAMINATION AIDS ALLOWED: Calculator; 1, 8½x11 double-sided formula sheet INSTRUCTIONS: Please place your I.D. card on your desk. You are not allowed to leave the examination room until one hour after the start of the exam and you must sign the sign-in sheet before leaving. Your examination paper must be handed in before you leave. When you are finished please leave the exam room quietly. Cheating on an examination will result in an “F” grade in the course concerned and possible suspension from the University. All notes, briefcases, and books must be deposited at the front of the room. You are not allowed to use your own paper for rough work. You may only use the back of the pages for rough work. Answer the Multiple Choice and True/False Questions on the bubble sheet supplied. Be sure to put your name and student number on the bubble sheet. In Part IV, place your answers in the answer boxes, where supplied. Count the pages to be certain that there are no pages missing. Do not remove the staple from the exam. You may remove the tables on pages 16-23. Do not begin this examination until you are instructed to do so. Do not write in the mark summary table below. Part I – Multiple Choice (Problem Recognition) 36 marks Part II – True/False 14 marks Part III – Multiple Choice (Interpretation) 15 marks Part IV – Problems Questions 46-50 6 marks Questions 51-53 6 marks Questions 54-55 6 marks Question 56 7 marks Question 57 10 marks Sub-total 35 marks TOTAL 100 marks

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MGTS1000 3.0 C, D, E Statistics Fall 2003 Final Examination Page 1 of 23 Part I - Problem Recognition Multiple Choice (36 marks, 2 marks each) Instructions : 1. Indicate your answers on the bubble sheet. 2. Your student number should be left justified on the bubble sheet. 3. Only one of the choices is the best answer Question 1 A survey of 1,500 Canadians reveals that 945 believe that there is too much violence on television. In a survey of 1,500 Americans, 810 believe that there is too much television violence. The appropriate test to see if there is a difference in attitudes toward television violence in the U.S. and Canada is: (a) t-test of µ D (b) z-test of p 1 -p 2 (c) t-test of µ 1 −µ 2 (d) F-test of 2 2 2 1 σ σ The following information relates to Questions 2 and 3: A financial advisor claims that over the past 20 years, the Good and Steady Mutual Fund has performed better than the Big Bank Index Fund 75% of the time and has also had less risk than the Big Bank Index Fund.
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