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Comparing Two Groups: Means and Proportions in Business Statistics

Study Guide - Practice Questions

Test your knowledge with practice questions generated from your notes

  • #1 Multiple Choice
    A company wants to compare the average delivery times of two courier services by sending two documents to each of 10 district offices, one with each service. Which statistical test is most appropriate for analyzing the difference in delivery times?
  • #2 Multiple Choice
    Suppose you are comparing the mean driving distances of two brands of golf balls using independent samples. The sample sizes are $n_1 = 15$ and $n_2 = 10$, with sample standard deviations $s_1 = 15$ and $s_2 = 20$. If you assume equal population variances, what is the formula for the pooled variance estimate $s_{pooled}^2$?
  • #3 Multiple Choice
    A random sample of 100 people from population 1 yields $\hat{p}_1 = 0.48$, and a random sample of 100 from population 2 yields $\hat{p}_2 = 0.40$. What is the standard error for the difference in sample proportions?

Study Guide - Flashcards

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

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  • Comparing Two Independent Means with Unknown Variances
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  • Comparing Two Population Proportions
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