6/6/2020 Weekly Quiz 3 SMDM: PGPBABI.O.

OCT19 Statistical Methods for Decision Making - Great Learning

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Weekly Quiz 3 SMDM

Type : Graded Quiz

Attempts : 1/1

Questions : 10

Time : 20m

Due Date : Nov 24, 2019, 11:59 PM

Your Score : 9.00/10

Instructions

Attempt History

Date Attempt Marks

Nov 24, 2019, 7:26 PM 1 9 Hide answers

Question No: 1 Correct Answer

Marks: 1/1
In hypothesis testing, the hypothesis which is assumed to be true by default is called the

Alternative Hypothesis

Correct Hypothesis

Null Hypothesis You Selected

Level of Significance
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6/6/2020 Weekly Quiz 3 SMDM: PGPBABI.O.OCT19 Statistical Methods for Decision Making - Great Learning
Level of Significance

Correct Answer
Question No: 2
Marks: 1/1
When the null hypothesis has been true, but the sample information has resulted in the
rejection of the null, a _________ has been made.

Type I Error You Selected

Type II Error

When we reject something that is true that is type 1 Error

Question No: 3 Correct Answer

Marks: 1/1
The maximum probability of a Type I error that the decision maker will tolerate is called the

Probability Value

Level of Significance You Selected

Decision Value

Critical Value

it is the definition of Level of significance

Question No: 4 Correct Answer

Marks: 1/1
A Type II error is the error of

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6/6/2020 Weekly Quiz 3 SMDM: PGPBABI.O.OCT19 Statistical Methods for Decision Making - Great Learning

rejecting Ho when it is false

rejecting Ho when it is true

accepting Ho when it is true

accepting Ho when it is false You Selected

Question No: 5 Correct Answer

Marks: 1/1
A hypothesis test in which rejection of the null hypothesis occurs for values of the point
estimator in either tail of the sampling distribution is called

One tailed test

A two tailed test You Selected

Level of Significance

Critical Value

Question No: 6 Correct Answer

Marks: 1/1
If a producer claims that, the company produces marbles, having mean 10 mm and standard
deviation of 1 mm. Now if you take 49 marbles randomly and found that the mean of this
sample is 9 mm. Can you reject the null hypothesis at 1% significance level?

Yes You Selected

No
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6/6/2020 Weekly Quiz 3 SMDM: PGPBABI.O.OCT19 Statistical Methods for Decision Making - Great Learning

Can't Say

Approach – Here Ho: m=10 mm Ha: m ≠10 mm Test statistic, sample means are expected
to have mean 10 mm and std deviation 1mm/ sqrt (n) = 1 / 7 mm The z statistic in this
case, (hypothesized mean – actual mean)/stdev deviation of hypothesized means = (9-10) /
1/7 = -7 This is beyond the critical region Hence the null hypothesis is rejected and the
alternate hypothesis is accepted

Question No: 7 Correct Answer

Marks: 1/1
Non-diabetic patients are believed to have an average fasting sugar level of 80 and std
deviation of 10. Now you wish to take the mean of a sample of size 100 and check at 5%
significance level, then what will be your critical values beyond which you will reject the null
hypothesis?

80-1.96 mM to 80+1.96 mM You Selected

80-19.6 mM to 80+1.96 mM

None of the above

80-95.45 mM to 80+95.45 mM

Details - Test statistic - sample is expected to have mean 80 and std deviation 10mm/ sqrt
(n) = 10 / sqrt(100) = 10/10 =1 For 5% significance level, one needs to define critical
values that cover 95% of the area around mean. It is given by 1.96 * std. deviation So the
critical value, in this case, would be 80- 1.96 and 80 + 1.96 If test statistic results are
beyond this limit, the null hypothesis will be rejected

Question No: 8 Correct Answer

Marks: 1/1
A toy manufacturing firms is producing balls with diameter 50 mm and std deviation 1 mm. In
that case, out of 10 million balls, what proportion is expected to have dimensions between 47
mm and 48 mm?

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6/6/2020 Weekly Quiz 3 SMDM: PGPBABI.O.OCT19 Statistical Methods for Decision Making - Great Learning

None of the above

34.13%

2.1% You Selected

13.59%

–Note 47 mm, is 3 std deviation left of mean and 48 mm is 2 std deviation left of mean –A
normal distribution has 99.73 % population between -3 to +3 std deviation –And 95.45%
of the population between -2 to +2 std deviation –So the area between -3 to -2 std
deviation is expected to be = (99.73 – 95.45 )/ 2 –~ 2.1%

Question No: 9 Incorrect Answer

Marks: 0/1
The central limit theorem states that when an infinite number of successive random samples
are taken from a population, then irrespective of the population distribution, the sampling
distribution of the means of those samples will become approximately normally distributed,

As the sample size increases and becomes larger Correct Option

As the size of the population standard deviation increases

As the number of sample gets larger You Selected

As the sample size increases and becomes larger.

Question No: 10 Correct Answer

Marks: 1/1
For the mean of small samples (say of sample size 10), z test is appropriate?

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6/6/2020 Weekly Quiz 3 SMDM: PGPBABI.O.OCT19 Statistical Methods for Decision Making - Great Learning

True

False You Selected

Generally, z-tests are used when we have large sample sizes (n 40), whereas t-tests are
most helpful with a smaller sample size (n 40).

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