Decision Making
95
CHAPTER 17: DECISION MAKING
1. A tabular presentation that shows the outcome for each decision alternative under the various states of nature is called: a) a payback period matrix.
124
Statistical Applications in Quality and Production Management
CHAPTER 18: STATISTICAL APPLICATIONS IN QUALITY MANAGEMENT
1. The control chart a) focuses on the time dimension of a system. b) captu
220
Multiple Regression Models
CHAPTER 14: INTRODUCTION TO MULTIPLE REGRESSION
1. In a multiple regression problem involving two independent variables, if b1 is computed to be
+2.0, it means that a) t
174
Simple Linear Regression
CHAPTER 13: SIMPLE LINEAR REGRESSION
1. The Y-intercept (b0) represents the a) predicted value of Y when X = 0. b) change in estimated average Y per unit change in X. c) p
Time-Series Analysis and Index Numbers
47
CHAPTER 16: TIME-SERIES ANALYSIS AND INDEX NUMBERS
1. The effect of an unpredictable, rare event will be contained in the _ component. a) trend b) cyclical c)
Fundamentals of Hypothesis Testing: One-Sample Tests
5
CHAPTER 9: FUNDAMENTALS OF HYPOTHESIS TESTING: ONE-SAMPLE TESTS
1. Which of the following would be an appropriate null hypothesis? a) The mean of
86
Analysis of Variance
CHAPTER 11: ANALYSIS OF VARIANCE
1. In a one-way ANOVA, if the computed F statistic exceeds the critical F value we may a) reject H0 since there is evidence all the means diffe
Two-Sample Tests
43
CHAPTER 10: TWO-SAMPLE TESTS
1. The t test for the difference between the means of 2 independent populations assumes that the
respective a) sample sizes are equal. b) sample varian
Chi-Square Tests and Nonparametric Tests
123
CHAPTER 12: CHI-SQUARE TESTS AND NONPARAMETRIC TESTS
1. When testing for independence in a contingency table with 3 rows and 4 columns, there are _ degrees
Introduction and Data Collection
1
CHAPTER 1: INTRODUCTION AND DATA COLLECTION
1. The process of using sample statistics to draw conclusions about true population parameters is called a) statistical i
Basic Probability
91
CHAPTER 4: BASIC PROBABILITY
1. If two events are collectively exhaustive, what is the probability that one or the other occurs? a) 0 b) 0.50 c) 1.00 d) Cannot be determined from
26
Presenting Data in Tables and Charts
CHAPTER 2: PRESENTING DATA IN TABLES AND CHARTS
TABLE 2-1 An insurance company evaluates many numerical variables about a person before deciding on an appropria
Numerical Descriptive Measures
65
CHAPTER 3: NUMERICAL DESCRIPTIVE MEASURES
1. Which of the following statistics is not a measure of central tendency? a) arithmetic mean b) median c) mode d) Q3 ANSWER
The Normal Distribution and Other Continuous Distributions 153
CHAPTER 6: THE NORMAL DISTRIBUTION AND OTHER CONTINUOUS DISTRIBUTIONS
1. In its standardized form, the normal distribution a) has a mean
224
Confidence Interval Estimation
CHAPTER 8: CONFIDENCE INTERVAL ESTIMATION
1. The width of a confidence interval estimate for a proportion will be a) narrower for 99% confidence than for 95% confide
Some Important Discrete Probability Distributions
123
CHAPTER 5: SOME IMPORTANT DISCRETE PROBABILITY DISTRIBUTIONS
1. Thirty-six of the staff of 80 teachers at a local intermediate school are certifie
Sampling Distributions 187
CHAPTER 7: SAMPLING AND SAMPLING DISTRIBUTIONS
1. Sampling distributions describe the distribution of a) parameters. b) statistics. c) both parameters and statistics. d) nei
TEST ITEM FILE
Statistics for Managers Using Microsoft Excel 5th Edition
ii
TEST ITEM FILE
Statistics for Managers Using Microsoft Excel 5th Edition
David M. Levine, David Stephan, Timothy C. Krehbiel