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Business Statistics Exam Study Guidance

Study Guide - Practice Questions

Test your knowledge with practice questions generated from your notes

  • #1 Multiple Choice
    A certain brand of flood lamps has a lifetime that is normally distributed with a mean of 3750 hours and a standard deviation of 300 hours. The manufacturer does not want more than 2% of the lamps to burn out before the advertised lifetime. Which of the following StatCrunch > Calculators > Normal instructions correctly finds the advertised lifetime so that only 2% of lamps burn out before this time?
  • #2 Multiple Choice
    The weight of a randomly selected container of yogurt coming off an assembly line is Normally distributed with mean $\mu = 6.20$ oz. and standard deviation $\sigma = 0.10$ oz. What is the probability that a randomly selected yogurt container will weigh less than 6 oz.?
  • #3 Multiple Choice
    Which of the following is NOT a characteristic of the normal probability distribution?

Study Guide - Flashcards

Boost memory and lock in key concepts with flashcards created from your notes.

  • Normal Distribution and Probability
    7 Questions
  • Sampling Distributions and Standard Error
    5 Questions
  • Confidence Intervals and Hypothesis Testing
    9 Questions