QNT 561 Final Exam University of Pjhoenix Course Tutorial

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1. A random sample of size 15 is selected from a normal population. 

The population standard deviation is unknown. Assume the null 

hypothesis indicates a two-tailed test and the researcher decided to 

use the 0.10 significance level. For what values of t will the null 

hypothesis not be rejected? 

A. To the left of -1.645 or to the right of 1.645 

B. To the left of -1.345 or to the right of 1.345 

C. Between -1.761 and 1.761 

D. To the left of -1.282 or to the right of 1.282 

2. Which of the following is a characteristic of the F distribution? 

A. Normally distributed 

B. Negatively skewed 

C. Equal to the t-distribution 

D. Positively skewed 

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3. For a chi-square test involving a contingency table, suppose the 

null hypothesis is rejected. We conclude that the two variables are 

__________. 

A. related 

B. curvilinear 

C. linear 

D. not related 

4. A sales manager for an advertising agency believes that there is a 

relationship between the number of contacts that a salesperson 

makes and the amount of sales dollars earned. What is the 

dependent variable? 

A. sales managers 

B. amount of sales dollars 

C. salesperson 

D. number of contacts 

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5. Which of the following is most appropriately displayed with a 

frequency table? 

A. What percentage of people prefer Hunt's brand ketchup 

B. The home location of the most valuable customers 

C. How much explanatory value comes from the study's variables 

D. The relationship between gender and job performance 

6. The manager of Paul's fruit and vegetable store is considering 

the purchase of a new seedless watermelon from a wholesale 

distributor. Since this seedless watermelon costs $4, will sell for 

$7, and is highly perishable, he only expects to sell between six 

and nine of them. What is the opportunity loss for purchasing nine 

watermelons when the demand is for seven watermelons? 

A. 8 

B. 4 

C. 12 

D. 0 

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7. A firm offers routine physical examinations as part of a health 

service program for its employees. The exams showed that 8% of the 

employees needed corrective shoes, 15% needed major dental work, 

and 3% needed both corrective shoes and major dental work. What is 

the probability that an employee selected at random will need either 

corrective shoes or major dental work? 

A. .25 

B. 1.00 

C. .50 

D. .20 

8. When data is collected using a qualitative, nominal variable, what is 

true about a frequency distribution that summarizes the data? 

A. The upper and lower class limits must be calculated. 

B. The number of classes is equal to the number of variables plus 2. 

C. The “5 to the k rule” can be applied. 

D. A pie chart can be used to summarize the data. 

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9. If an ANOVA test is conducted and the null hypothesis is rejected, 

what does this indicate? 

A. The p-value is less than a. 

B. All population means are different. 

C. At least one pair of population means is different. 

D. The population means are equal. 

10. A random sample of 20 items is selected from a population. 

When computing a confidence interval for the population mean, 

what number of degrees of freedom should be used to determine the 

appropriate t-value? 

A. 25 

B. 21 

C. 19 

D. 20 

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11. The question, "Should products be withdrawn if even one death is 

associated with its prescribed use, even if no fault for the tampered 

product accrues to the manufacturer?" is an example of a(n) _____. 

A. strip data mining issue 

B. unresearchable question 

C. ill-defined problem 

D. favored-technique problem 

12. A large department store examined a sample of the 18 credit card 

sales and recorded the amounts charged for each of three types of 

credit cards: MasterCard, Visa, and Discover. Six MasterCard sales, 

seven Visa, and five Discover sales were recorded. The store used an 

ANOVA to test if the mean sales for each credit card were equal. What 

are the degrees of freedom for the F statistic? 

A. 2 in the numerator, 15 in the denominator 

B. 6 in the numerator, 15 in the denominator 

C. 18 in the numerator, 3 in the denominator 

D. 3 in the numerator, 18 in the denominator 

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13. A linear trend equation is used to represent time series values 

when the data are changing by equal what? 

A. amounts 

B. percents and proportions 

C. proportions 

D. percents 

14. Which of the following goals should a good survey instrument 

accomplish? 

A. Encourage each participant to provide accurate responses 

B. Encourage participants to be succinct in their responses 

C. Encourage participants to answer only those questions they are 

comfortable answering 

D. Encourage participants to end the survey when they feel they have 

contributed enough information 

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15. Kroger, a grocery store chain, wants to identify the ideal store layout for increasing 

store sales. Because it primarily uses two store designs, one a grid layout with vertical 

aisles divided by a center aisle and another using a traditional straight -aisle pattern, Kroger 

will match pairs of stores that have different designs but similar shopper demographics and 

location. Sales from each pair will then be compared to determine if store design is related 

to sales. Which type of study is this an example of? 

A. Exploratory study 

B. Case study 

C. Ex post facto study 

D. Longitudinal study 

16. Bones Brothers & Associates prepare individual tax returns. Over prior years, Bones 

Brothers has maintained careful records regarding the time to prepare a return. The mean 

time to prepare a return is 90 minutes and the standard deviation of this distribution is 14 

minutes. Suppose 100 returns from this year are selected and analyzed regarding the 

preparation time. What assumption do you need to make about the shape of the population 

distribution of all possible tax preparation times to make inferences about the mean time to 

complete a tax form? 

A. The population distribution is skewed to the left. 

B. The population distribution is skewed to the right. 

C. The shape of the population distribution does not matter. 

D. The population distribution is normal. 

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17. Checklists with several items to be considered by respondents 

may be subject to _____. 

A. recency effects 

B. leniency effects 

C. halo effects 

D. primacy effects 

18. In a multiple rating list scale, ____. 

A. participants rate multiple items on a 3-point scale 

B. the participant is restricted to circling their rating 

C. it is possible to visualize the results better than with other numerical 

scales 

D. the data generated are always ordinal 

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19. As the size of the sample increases, what happens to the shape of 

the distribution of sample means? 

A. It cannot be predicted in advance 

B. It is positively skewed 

C. It is negatively skewed 

D. It approaches a normal distribution 

20. For any chi-square goodness-of-fit test, the number of degrees of 

freedom is found by ______. 

A. n + k 

B. k -1 

C. n – k - 1 

D. n + 1 

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21. BankChoice is concerned about stagnating profits and asks, 

"How can profitability be improved?" This is an example of a(n) 

_____. 

A. research question 

B. measurement question 

C. management question 

D. investigative question 

22. A machine is set to fill the small-size packages of M&M candies 

with 56 candies per bag. A sample revealed three bags of 56, two 

bags of 57, one bag of 55, and two bags of 58. To test the hypothesis 

that the mean candies per bag is 56, how many degrees of freedom 

are there? 

A. 1 

B. 7 

C. 9 

D. 8 

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23. An experimental study is one that _____. 

A. attempts to reveal why or how one variable produces changes in another 

B. involves manipulation of one or more variables to determine the effect on 

another variable 

C. attempts to capture a population's characteristics by making inferences from a 

sample's characteristics and testing resulting hypotheses 

D. discovers answers to the questions who, what, when, where, or how much 

24. The monthly salaries of a sample of 100 employees were rounded to the 

nearest $10. They ranged from a low of $1,040 to a high of $1,720. If we want 

to condense the data into seven classes, what is the most convenient class 

interval? 

A. $200 

B. $50 

C. $150 

D. $100 

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25. Consider a regression analysis, where the correlation coefficient 

is 0.18. Then, the coefficient of determination is _______. 

A. .0324 

B. .36 

C. 1.16 

D. .424 

26. In multiple regression analysis, when the independent variables 

are highly correlated, this situation is called __________________. 

A. homoscedasticity 

B. curvilinearity 

C. multicollinearity 

D. autocorrelation 

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27. Sam's Club installed self-checkout stations that can track not only 

member's purchases but also packaging problems, as the system uses 

universal product codes to match the item the shopper has in their cart with 

its price and inventory level in the store, generating a spreadsheet style 

report for the researcher. If you consider the scanner as the tool for 

collecting data for Sam's researchers, they are doing data entry by ____. 

A. spreadsheet 

B. Optical Character Recognition 

C. Field editing 

D. Voice recognition 

28. The weekly incomes of a large group of executives are normally 

distributed with a mean of $2,000 and a standard deviation of $100. What is 

the z-score for an income of $2,100? 

A. 1.683 

B. 0.90 

C. 2.00 

D. 1.00 

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29. A ranking scale is a scale that _____. 

A. scores an object without making a direct comparison to another object 

B. groups participants 

C. groups concepts according to specific criteria 

D. scores an object by making a comparison and determining order 

among two or more objects 

30. What is the interpretation of a 96% confidence level? 

A. The interval contains 96% of all sample means. 

B. Approximately 96 out of 100 such intervals would include the true 

value of the population parameter. 

C. There's a 96% chance that the given interval includes the true value of 

the population parameter. 

D. There's a 4% chance that the given interval does not include the true 

value of the population parameter. 


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