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    Accg615 13s1br

    Uploaded by

    Basit Sattar
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    Copyright:

    © All Rights Reserved
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    of 18
    ‘This question paper must be ‘SEAT NUNBER: roturned, Candidates are not Permitted to remove any part FAMILY NAME... ‘fit rom the examination room, OTHER NAMES. ‘STUDENT NUMBER.. ry MACQUARIE UNIVERSITY SESSION 1 EXAMINATIONS - JUNE 2013 Booklet B Unit CodeiName: — ACCGS15 - Quantitative Methods ‘Time Allowed: Throe hours plus 10 minutes reading time ‘This booklet contains the following pages: Pages Multiple choice questions 1 to 25 1-5 LMINITAB Output fo relevant questions In Booklet A 6-11 2 tables showing standard normal probabilities (2 pages) 12-13 {distribution crea! values “ 1 distribution etial values 1 Formula sheet a ies wy] on a1 ity ‘The New South Wales government surveys voters to assess atudes tothe privatisation of tlectriety, The state of New South Wales fs vided into 152 local planning areas. The Sovernment hires @ market research company to conduct the survey. ‘The folowing she ‘uestons relate to this study. 11. The market research company selects @ sample of 100 peoplaon the electoral rll from ‘each of the 152 local planning areas. What sampling technique has been used here? ‘A. simple random sampling BL stratified sampling duster sampling 1, Simocure of aati and cluster sampling E. none of the above 2. The market research company rendomly selects 15 local planning areas and surveys each person on the electoral rol in those areas, What somali technique has been used here? ‘A. simple random sampling 8. strated samoting cluster sampiing 1. mixture of stratified and cluster sampling © none of the above 13. The market research company selects a random sample of 15000 people from the % ‘You have two samples of size 15 with measurements drawn from normal populations With equal spreads and you test the null hypottests Ho! i= ta, vs Hi br, YOU obtain a tast statistic oft = 2.347. Using a = 0.05, which of te folowing would be an appropriate conclusion? we conclude that the population means are equal We conclude that the sample means are equal we conclude that the population means are not equal We conclude thatthe sample means are not equal Wwe conclude thatthe population mean could be equal Consider the question above whera you used e significance level of a = 0.05. Suppose Instead you used a = 0.01, What conclusion would now be appropriate? we conclude that the population means are equal we conclude that the sample means are equal We conclude that the population means are not equal we conclude thatthe sample means are not equal we conclude that the population means could te equal moop> a a @ @ 2 2 ‘To compare the fat content in ive diferent brands of milk, random samples of 15 cartons {are selected from each ofthe five brands and the fat content In each carton is recorded. ‘These samples are drawn from distributions with equal standard deviatons and are left skewed. Which test would be appropriate to conduct an analysis to compare fat content? ANOVA Kruskal Walls test Wileoxon Rank Sum test Sign test none of the above monp> Select the appropriate null hypothesis to compare at content forthe diferent brands of milk as described inthe previous question? He: the population means are the same He! the population medians are the same Ho: the population means are nat the same He: the population medians are not the same ‘To compare coffee machine prices at two department stores, Derek Johns and Wires, 15. ‘coffee machines are selected from a Derek Johns sire and the same 15 mochines sre Selected from a Wires store. Prices are recorded fer each machine. The prices and the dlferences between prices atthe two stores are dawn from normal distributions. Population standard deviations are unknown. Sample standard deviations are $35 for Derek Johns and $72 or Wires. The sample standard devation of the dfferences is $22. Wich hypothesis test Is appropriate to compare prices atthe two stores? two-sample t-test with pooled standard devations two-sample t-test with unpooled standard deviations Mann Whitney test sign test palred t-test mpop> {In 2010, the Australian Government reported that 74% of Australian students were concerned about clmate change. A sample of 500 New Zealand students was rendomiy Selected from various universities in New Zealand. ‘These students were surveyed and it ‘Was found that 387 of them were concerned about dlmate change. Calculate an ‘appropriate test statistic to determine whether the proportion of New Zealand students ‘oncermed about climate change fs dierent from the proportion of Australian students concerned about climate change. A z= 173 8 t= 173 c z= 182 D t= tee E, none of the above oth a two-talied test and a one-talled test were censidered to address the previous ‘question comparing the proportions of Australian and New Zealand students concerned Sout climate change. The one-talled test had a “grater than’ alternative hypothesis Using a 5% significance level, which ofthe following statements best summarises your Gecisons in regard to these two tests? Do not reject H for elther the one-talled or che two-talied alternative Reject He for both the one-talled and the twe-taled alternative Reject Hs forthe one-talled but do not reject forthe two-talled alternative Do not reject He for the one-tailed but reject forthe two-talied alternative none of the above 2 a re} Bi 2 ‘The MINITAB output below summarises the amount spent on weekly rent ($) in ‘Sydney by a sample of 25 students. You may assume that the amounts spent on weekly rent follow a normal distribution. This output relates to the following three Questions. rent 25 153.20 24.70 «115-00 155.09 225.00 418. Calculate 2 95% confidence Interval forthe population mean amount spent by students ‘on weekly rent in Sydney, AL (143,52, 162.88) B. (148.75, 161.65) © (143.00, 163.40) 1. (40222, 204.18) E. none of the above 419. An advisor to overseas students calms that the everege ameunt students spend on weekly rent in Syanoy Ie $165. What ie the abeotuste valun ofthe appropriste tot Statistic to determine whether the advisors claim le correct? A z= 239 & t= 239 co 2= 048 Dts Os E none ofthe above 20. Which ofthe folowing best summarises the test you carried aut above, ata = 0.05? A. Hist = 165, p < 0.05, don’ reject My, the mean could be 165 B. Hy: = 153.2, p > 0.05, don't reject Hp, the mesn could be 153.2 He: w= 165, p > 0.05, dont reject Hy, the mean could be 165 D. Het we 153.2, p < 005, reject Hy, the meen Is not 153.2 E. He: i= 165, 9 < 0.05 rect Hy the mean Is not 165, 21, 130% of CEOs in Australia are female, fin the probability tat less than two of five randomly selected Australian companies wil have a female CEO. 0.3087 0.8369 9.5282 0.4718 one ofthe above 22. Alinear model with two predictors, number of employees and advertising expenses, Is ‘tted to predict profits for real stores. The p-value for testrg the signifeance of the number of employees after fitting advertising expenses ls 0.2%; the p-valve for testing the significance of advertising expenses after fting the number of employees is 0.08. ‘The Festatstic has a p-value of 0.005. Using a significance level of 5%, your next step In the model reduction process would be to: 'A. drop number of employees from the model 3B. drop advertising expenses from the model C.drop number of employees and advertising expenses from the mode! 1. retain number of employees and advertsing expenses in the model . there's not enough information ta answer the questien Ry a R ‘The MINITAS output below was obtained from a sample of 20 students who recorded the number of hours they spent watching TV in the week before an exam and the ‘mark they scored on the exam. This output relates to the following three questions: [ener 5 = 12.9100 msg = 69.68 Rosgladj) = 67.98 23, Calculate a 99% confidence interval to estimate the slope ofthe least squares regression line. A. (-4.506, -2.282) 8. (4917, -1.873) (4.308, -0.880) D. (4.627, 2.163) none of the above 24. Which ofthe following best summarises a hypothesis test to determine whether hours watching TV Isa usefl predictor of exam mark? a 0, Dor Reject Hy at the 196 significance level a 0, Dowt Reject Hy atthe 196 significance level CH: B= 0 Rafeet Hy at the 1% signiNeance level D. Ho: B= 0, Reject Hy at the 1% significance level E, none of the above 25, Calculate the numerical value ofthe correlation coefficent measuring the strength and rection of the linear relation between the number of hours students watch TV and thelr ‘exam marks. A. 0.634 & o.834 C. -0.696 D. 0.696 E none of the abeve MINITAB OUTPUT FOR BOOKLET A ‘OUTPUT FOR QUESTION 25, Model A Regression Analysis: Longevity versus Mother, Father, Gmothers, Gfathers Dstt Mother + 0.412 Father + 0.0166 Gmthers Resglady) = 73.08 Regteason 9 sean. dt aaa.te o.9) cob ‘Model B Regression Analysis: Longevity versus Mother, Father, Gathers Geathers 000039 Slbeans Hist 0.153 Ga 268108 Boge TIN Rsalags) = 72.28 ‘natyaie of Vartance a ame” ‘OUTPUT FOR QUESTION 26 continued Model C Regression Analysis: Longevity versus Mother, Father ‘Me regression equation ts [Shgerity 2 e408 8.477 Mother + 0.499 rather wedictor cock SE coet oT = 2.66082 Resg = 73.68 Asgtaas! = 73.18 Bogeetston 2. 1917.01 Rerisual Error 97 646.35 Model D Regression Analysis: Longevity versus Father Eeagevity = 33.4 0 6.506 Pater Predictor cost skcoat ote Constant, 296977 acesd 7.89 0.000 23.026 Regs kay Rsgtad)) = O.6r Regression t 1149.2 1145-2 7.42, 0,000 Model E Regression Analysis: Longevity versus Mothor vorner 5186 8.000 Be 3.020 Rog = 49.08 Acsgtads) = 49.98 ie ‘OUTPUT FoR QUESTION 27 CChi-Square Test: Newspaper, Occupation ee coma, abtohd oak ee 228 21.43 30.30 “ ang) ase? 36.67 Slane Quate sine protesetonel e742 8 OUTPUT FOR QUESTION 28 ‘Oneway ANOVA: Region Dovngate 25 156,76 33.37 Grouping infomation Using Tukey Method dantord ase Sowgste 33 ise.ne B eane that do nor share a aetter ate signiticantiy dicterent ‘okay 944 simaleanacus Contidance Intervals A" fetewste conpurisons ‘OUTPUT FOR QUESTION 29 ‘Descriptive Statlatice: Winning Height (rm) varsanie ender 9 ean suber inimen Median Maxim witse mishe wi Homeies at atess otaese “agar Tonos “Srooe For the following medals, males were coded as Os and females were coded as 15, MODEL A Regression Analysis: Winning Height (m) versus Year, Gender, Yoar'Gender Misning Height (w= = Sender Sse teas “alae 0.033 20463226 R-Sg = 95.98 Resale] = 25.68 Eefenrlon 3 gtel? ccna aoe.t8 0.008 MODELS Regression Analysis: Winning Height (m) versus Year, Gender ‘he regression equation Se Mitalng Bolghe a)'= "5-39 + 9.00599 Year = 0,251 Gender = c.o4m9ss Reg

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