Review Final Exam BUAL 3320
THE NEXT SIX QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A real estate appraiser is interested in determining the factors that determine the price of a house.
She wants to run the following regression: where Y = price of
Review Chapter 13
1. Allied Corporation wants to increase the productivity of its line workers. Four different programs have
been suggested to help increase productivity. Twenty employees, making up a sample, have been
randomly assigned to one of the four
3320 Chapter 9 Review
Exhibit 1
The manager of a grocery store has taken a random sample of 100 customers. The average length of time
it took the customers in the sample to check out was 3.1 minutes. The population standard deviation is
known to be 0.5 mi
Annual per capita consumption of milk is 21.6 gallons with a standard deviation of 4.8 gallons.
Being from the Midwest, you believe milk consumption is higher there and wish to support your
opinion. A sample of 30 individuals from the Midwestern town of W
510 Chapter 12 Tests oi Goodness oi Pi! and Independence
Host B
Host A Con Mixed Pro
Con 24 8 l3
Mixed 8 l3 1 1
Pro [0 9 64
Use the chi-square test ofindependence with 21.0} level of signiﬁcance to analyze the dam
What is your conclusion?
12.3 Goodness of
Quick View
Page of 9
l.
Self-Test Tutorial
cfw_Exercise 14.23
The data from exercise 1 follow.
Excel File: datal 4-23.xls
l:_l
]75
a.
Compute the mean square error using equation (14.15) (to 3 decimals).
S- =- \|(L
S5L
=:
ri-jl
*,rt
Ssg
lcfw_ s8
&t 33
b.
Quick View
Page 2
of6
l.
Self-Test Tqlqrial
cfw_Exercise 15.23
The exercise involving data in this and subsequent sections were designed to be solved using Excel.
The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a
http:/isjc.instructor.cengagenow.conr/ilrn/bca/inst/test-printing/3245.
QuickMew
I.
Self-Tbst Thtorial
cfw_Uxercise 14.1
Given are five observations tbr trvo variables.x and v.
Excel file: datal 4-01.xls
r, lt
.rili
a
: -l 4
5
7 -q tl
t4
Which of the fol
Quick View
Page 6
of 10
3.
cfw_Exercis 15.25
The Condd Nast Tvweler Gold List for 2012 provided ratings for the top 20 small cruise ships (Cordd Nast Trweler website, March
I,
2012). The following data shown are the scores each ship received based upon th
http:/sjc.instructor.cengagenow.com/ilrn/bca/instr/test-printin!
QuickMew
Name:
Class:_
Date:
Class:_
Date:
1293.
(First Page)
Name:
(Subsequent Pages)
1.
lDxercise 9.271
Which is cheaper: eating out or dining in? The mcan cost of a flank steak. broccoli"
i Exercise ll.5_
John Calipari, head basketball coach for the 2012 national champion University of Kentucky Wildcats, is the highest paid coach in college basketball with an annual salary of $5.4 million (USA Today, March 29, 2012). The following sample s
3 Exercise 10.5k
The average expenditure on Valentine's Day was expected to be $100.89 (USA Today, February 13, 2005). Do male and female consumers differ in the amounts they spend? The average expenditure in a sample surveyI
of 40 male consumers was $135
h@:/sjc.instructor.cengagenow.corr/ilrn/bca/inst/test-printing/1206.
QuickView
Class:_
Date:
Class:_
Date:
(First Page)
Name:
_
(Subsequent Pages)
l.
cfw_Exercise 12.3I
Duringthe first l3 weeks of the television season. the Saturday evening 8:00 p.m. to 9
http:/sjc.instructor.cengagenow.com/ilrn/bca/instr/test-printngll493.
Quick View
Name:
Class:_
Date:
Class:
Date:
(First Page)
Name:
(Subsequent Pages)
1.
-cfw_Exercise 11.5
John Calipari, head basketball coach for the2012 national champion University of
Notes on Hypothesis testing when the standard deviation of the population 0 is unknown.
If the standard deviation of the population 0 is unknown, we need to replace it with its point estimator
which is the standard deviation of the sample 5.
The test stat
l.
4.
Review Final Exam BUAL 3320
THE NEXT SIX UESTION S ARE BASED ON THE FOLLOWING INFORMATION:
A real estate appraiser is interested in determining the factors that determine the price of a house.
She wants to run the following regression:Y = 60 + )3le
Quick View http:lz‘sjc.imuuctor.cengagenow.c0WiInubcafinstrltest-printingf6227.
(First Page)
Name: Class: Date:
(Subsequent Pages)
I .
I Exercise "Lﬁ }
The average expenditure on Valentine's Day was expected lo be 33 [00.89 (USA ibdrrv. Februar}r I3, 2006
Quick View httpm’sjc.instructorxengagenoweomfian'bcafinstrftest-printing/7502.
Name: Class:_ Date:
(First Page)
Name: Class:_ Date:
(Subsequent Pages)
1 O
Self-Test Tutorial
Exerei l l
A market research ﬁrm used a sample of individuals to rate the
Review Chapter 13
1. Allied Corporation wants to increase the productivity of its line workers. Four different programs have
been suggested to help increase productivity. Twenty employees, making up a sample, have been
randomly assigned to one of the four
LA sample of 20 cans oftoniatoju ice showed a standard deviation of 0.4 ounces. A 95% conﬁdence interval
estimate ol'the variance For the population is
a. 0.2313 to 0.8533
b. 0.2224 to 0.7924
c. 0.0889 to 0.3 I 69
0.0925 to 0.34 I 3
l\‘ 10) S; Cl’
ICt
Exam l Rcvierv
Annual pe-r capita consurnption ul'rnilk is 2 I .6 gallons rvith a statrdarel dcviatiorl of 4.8 gallons.
lleing fiom thl Mid*.est. 1,ou bcli*vc nrilk cunsunrption is higher thcrc and wish to stlppofl your
opin[rn. A sample ocfw_ 30 irrdivic
Quick View
http:/sjc.instructor.cengagenow.com/ilrn/bca/instr/test-pirntingl84l4.
Class:_
Name:
Date:
(First Page)
Name:
Class:
(Subsequent Pages)
1.
cfw_Exercise 13.7
Three different methods for assembling a product were proposed by an industrial enginee
BUAL 3320-048 Business Analysis II Spring 2016
Instructor: Dr. Ricardo Tovar-Silos
Personal Introduction
Welcome to Lamar University. My name is Ricardo Tovar-Silos and I am an Assistant
Professor at the Department of Information Systems and Analysis at t