Which of the following is most important in minimizing the placebo effect? A) Replication and randomization B) Replication and blinding C) Randomization and blinding D) Randomization and a control E) Blinding and a control
What is E? Use of a control group and blinding as to which subjects are in the control group are the best tools to minimize the possibility of confounding due to the placebo effect. Replication and randomization are important marks of good experimental design, but they do not impact the placebo effect as does the use of a control and blinding.
In general, how does doubling the sample size change the confidence interval size? A) Doubles the interval size B) Halves the interval size C) Multiplies the interval size by 1.414 D) Divides the interval size by 1.414 E) This question cannot be answered without knowing the sample size.
What is D? Increasing the sample size by a multiple of d divides the interval estimate by the square root of d.
A bank wishes to survey its customers. The decision is made to randomly pick ten customers who just have checking accounts, ten customers who just have savings accounts, and ten customers who have both checking and savings accounts. This procedure is an example of which type of sampling? A) Cluster B) Convenience C) Simple random D) Stratified E) Systematic
What is D? In stratified sampling the population is divided into homogeneous groups called strata, and random samples of persons from all strata are chosen. In this example, the bank stratified by type of account holding into three strata.
What is the probability of a Type II error when a hypothesis test is being conducted at the 5% significance level? A) .05 B) .10 C) .90 D) .95 E) There is insufficient information to answer this question.
What is E? There is a different probability of Type II error for each possible correct value of the population parameter.
Advantage(s) to using surveys as opposed to experiments is (are) that I. Surveys are generally cheaper to conduct II. It is generally easier to conclude cause and effect from surveys. III. Surveys are generally not subject to bias. A)I only B)II only C)III only D)I and II E)II and III
What is A? Surveys are generally cheaper and quicker to conduct than experiments; however surveys are subject to bias, and it is very difficult to conclude cause and effect from surveys.
A guidance counselor wishes to determine the mean number of changes in academic major by college students to within + or - 0.1 at a 90 percent confidence level. What sample size should be chosen if it is known that the standard deviation is 0.45? A) 8 B) 54 C) 55 D) 78 E) 110
What is C? 0.1 = 1.645(0.45) / (sqroot n) n= 55
A company wishes to survey what people think about a new product it plans to market. They decide to randomly sample from their customer database as this includes phone numbers and addresses. This procedure is an example of which type of sampling? A) Cluster B) Convenience C) Simple Random D) Stratified E) Systematic
What is B? Convenience samples are based on choosing individuals who are easy to reach.
The interpretation of the standard deviation of a statistic.
What measures the typical distance of the values in a distribution from the mean?
Sampling error occurs A) When interviewers make mistakes resulting in bias. B) When interviewers use judgement instead of random choice in picking the sample. C) When samples are too small. D) Because a sample statistic is used to estimate a population parameter. E) In all of the above cases.
What is D? Different samples give different sample statistics, all of which are estimates for the same population parameter, and so error, called sampling error, is naturally present.
Interpretation of the slope of a LSRL.
What is, as the explanatory variable increases by 1 unit, the response variable will increase by b.