Quiz 3 - FALL 2011 - MGMT 305 - Quiz 3 Name: ID: Multiple...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
FALL 2011 - MGMT 305 - Quiz 3 Name: ID: Multiple Choices ( 1 point each ) 1. Suppose the mean of a population is 38. A sample of size 40 is taken and the sample mean is computed as 42. If H 0 : μ≤34, and you decided to reject the null hypothesis, it means a. you have committed a Type I error. b. you have committed a Type II error. c. you have committed either Type I or Type II error. d. you have committed neither Type I nor Type II error. 2. If a null hypothesis is rejected at the 5% level of significance, it a. will always be rejected at the 10% level of significance. b. will never be rejected at the 10% level of significance. c. may be rejected or not rejected at the 10% level of significance. d. should never be tested at the 10% level of significance. 3. Suppose the p-value in a test of hypothesis is equal to 0.025. The null hypothesis cannot be rejected a. if alpha = 0.10 b. if alpha = 0.05 c. if alpha = 0.01 d. all of the above 4. The manager of an automobile dealership is considering a new bonus plan in order to
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/06/2011 for the course MGMT 305 taught by Professor Priya during the Fall '08 term at Purdue.

Page1 / 3

Quiz 3 - FALL 2011 - MGMT 305 - Quiz 3 Name: ID: Multiple...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online