Ch 8 In-Class Questions

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California State University, Monterey Bay *

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430

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Marketing

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Feb 20, 2024

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docx

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1) To study the population of consumer perceptions of new technology, sampling of the population is preferred over surveying the entire population because ______. A) sampling is more accurate B) we can compute z -scores C) it is quicker D) sampling methods are simple 2) When testing the safety of cars using crash tests, a sample of one or two cars is used because ______. A) sampling is more accurate B) cars are destroyed C) it is quicker D) the population is very large 3) A marketing firm is studying consumer preferences for winter fashions in four different months. From a population of women 18 to 21 years of age, a random sample of 100 women was selected in January. Another random sample of 100 women was selected in March. Another random sample of 100 women was selected in June. Another random sample of 100 women was selected in September. What is the sample size? A) 4 B) 100 C) 400 D) 1 4) A marketing firm is studying consumer preferences for winter fashions in four different months. From a population of women 18 to 21 years of age, a random sample of 100 women was selected in January. Another random sample of 100 women was selected in March. Another random sample of 100 women was selected in June. Another random sample of 100 women was selected in September. What is the number of samples? A) 4 B) 100 C) 400 D) 1 1
5) When all the items in a population have an equal chance of being selected for a sample, the process is called ______. A) simple random sampling B) z -score C) sampling error D) nonprobability sampling 6) What is the difference between a sample mean and the population mean called? A) Standard error of the mean B) Sampling error C) Interval estimate D) Point estimate 7) Suppose we select every fifth invoice in a file. What type of sampling is this? A) Random B) Cluster C) Stratified D) Systematic 8) All possible samples of size n are selected from a population, and the mean of each sample is determined. What is the mean of the sample means? A) It is the population mean. B) It is larger than the population mean. C) It is smaller than the population mean. D) It cannot be estimated in advance. 9) When dividing a population into subgroups so that a random sample from each subgroup can be collected, what type of sampling is used? A) Simple random sampling B) Systematic sampling C) Stratified random sampling D) Cluster sampling 10) For a distribution of sample means constructed by sampling 5 items from a population of 15, ______. A) the sample size is 15 B) there will be 3,003 possible sample means C) the mean of the sample means will be 3 D) the standard error will be 1 2
11) As the size of the sample increases, what happens to the shape of the sampling distribution of sample means? A) It cannot be predicted in advance. B) It approaches a normal distribution. C) It is positively skewed. D) It is negatively skewed. 12) According to the central limit theorem, ______. A) the population mean and the mean of all sample means are equal B) increasing sample size decreases the dispersion of the sampling distribution C) the sampling distribution of the sample means is approximately normally distributed D) the sampling distribution of the sample means will be skewed 13) Manufacturers were subdivided into groups by volume of sales. Those with more than $100 million in sales were classified as large; those from $50 to $100 million as medium size; and those between $25 and $50 million, and so on. Samples were then selected from each of these groups. What is this type of sampling called? A) Simple random sampling B) Stratified random sampling C) Cluster sampling D) Systematic sampling 14) An experiment involves selecting a random sample of 256 middle managers for study. One item of interest is their annual incomes. The sample mean is computed to be $35,420.00. If the population standard deviation is $2,050.00, what is the standard error of the mean? A) $128.13 B) $138.36 C) $2,050.00 D) $8.01 15) The wildlife department has been feeding a special food to rainbow trout fingerlings in a pond. Based on a large number of observations, the distribution of trout weights is normally distributed with a mean of 402.7 grams and a standard deviation of 8.8 grams. What is the probability that the mean weight for a sample of 40 trout exceeds 405.5 grams? A) 0.3782 B) 0.0222 C) 1.0 D) 0.5 3
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