Sample Final Amd2303

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  • Topic: Normal distribution, Binomial distribution, Poisson distribution
  • Pages : 4 (783 words )
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  • Published : December 8, 2012
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2303 final sample style

This document gives examples of the style of final exam question on ADM2303. The exam will consist of 3 separate pieces of paper:
The question paper (including Normal, t and Shewhart Tables).
The answer paper for showing your intermediate calculation as well as your answer.
A scantron coding sheet for shading your answer in a multiple choice format.

1.Books are not permitted. One sheet of notes, 8.5" x 11", written on both the sides is permitted.2.Calculators are permitted.3. Use the space on the question paper for rough work.|

PUT YOUR ANSWER AND ALL INTERMEDIATE CALCULATION AND REASONING ON THE ANSWER SHEET. PUT YOUR ANSWER ON THE CODING SHEET

QUESTIONS 1-3
CREA Canadian Real Estate Association. CREA puts the average price at which a house was sold in Canada in 2010 at $339,100. Let us assume that the standard deviation of the house prices was $134,216. Suppose you had done a survey of a random selection of 36 house sale prices in 2010 and obtained an average house price of $368,533 What is the chance that such a survey would have resulted in an average price this high or higher. Answer Sheet (This will be on a separate piece of paper in the exam) Questions 1-3Probability = |

Shade the coding sheet according to your answers.

Q1 The appropriate distribution to use is
(a) Poisson distribution
(b) Sampling distribution
(c) Binomial distribution
(d) No distribution is needed to answer this question
Q2 The z-value is:
(a) Between 0.0 and 0.5
(b) Between 0.5 and 1.0
(c) Between 1.0 and 1.5
(d) Greater than 1.5
(e) A z value is not used to answer this question
Q3 The probability is
(a) Greater than 0.1
(b) Between 0.01 and 0.1
(c) Between 0.001 and 0.01
(d) Between 0.0001 and 0.001
(e) Less than 0.0001

QUESTION 4-6
A Popular Tax in BC. When the BC Government introduced a carbon tax in 2008, it did not want to lose votes as might...
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