Question: For problems 1-12 A new Business Statistics course is being offered and the lecturer thinks that an equal number of students majoring in Finance,



For problems 1-12 A new Business Statistics course is being offered and the lecturer thinks that an equal number of students majoring in Finance, Accounting, Marketing, and Management will register for the class. Question 1 (1 point) The appropriate test for this situation is the Chi-Square ? : Test for Independence/Association Goodness-of-Fit Test Test for Homogeneity/Equality Test for Uniformity For problems 2-5 If 172 registrants are randomly selected, how many students from each major would the lecturer expect? Finance Accounting Marketing Management Expected Number of Students Q2 Q3 Q4 Q5 Question 2 (1 point) Q2, the expected number of Finance majors, to the nearest whole number, is: Your Answer: Answer Question 3 (1 point) Q3, the expected number of Accounting majors, to the nearest whole number, is: Your Answer: Answer Question 4 (1 point) Q4, the expected number of Marketing majors, to the nearest whole number, is: Your Answer: Answer Question 5 (1 point) Q5, the expected number of Management majors, to the nearest whole number, is: Your Answer: Answer For problems 6-12 The observed (O) number of students in each major (from a random sample of n=172) is shown in the table below. Fill in each of the blanks in the table. 0 Finance 47 Accounting 44 Marketing 36 Management 45 Question 6 (1 point) To 2 decimals, Q6= Your Answer: Answer Question 7 (1 point) To 2 decimals, Q7= Your Answer: Answer Question 8 (1 point) To 2 decimals, Q8= Your Answer: Answer Question 9 (1 point) To 2 decimals, Q9= Your Answer: Answer Question 10 (1 point) To 2 decimals, Q10= Your Answer: 9 6 (0 - E) (0-E) E 0.37 Q7 0.02 Q8 Q10 Q9 0.09 Answer Question 11 (1 point) Compute the test statistic, X, to 2 decimals: Your Answer: Answer Question 12 (1 point) State the degrees of freedom of the Chi-Square distribution for the test statistic, X. Your Answer: Answer For problems 13-14 The table below shows the major and undergraduate internship status for a random sample of 140 Business students. Internship status can be "Yes" or "No", and major can be "Finance", "Accounting", "Marketing", "Management". Finance Accounting Marketing Management Total Yes 20 42 16 30 108 No 5 8 19 10 32 Total 25 50 25 40 140 Question 13 (1 point) The appropriate test for this situation is the Chi-Square ?: Test for Homogeneity/Equality Goodness-of-Fit Test Test for Uniformity Test for Independence/Association Question 14 (1 point) If the null is true, compute the expected number of Finance students with an Internship, to 3 decimals. Your Answer: Answer
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