This is
a review & information sheet for Quiz #4 OMGT6123.
This
quiz is administered via Canvas & consists of 15
question multiple choice questions. It is timed at 25
minutes maximum. You will have one attempt to complete
the quiz. The quiz will become available on November
1st & then will close on November 2nd at 11:59 pm.
Take note of this window of opportunity to complete the
quiz.
You are
on your HONOR to complete this assignment without assistance
from other students, outside websites, outside AI programs,
or other internal or external entities.
Topics you can expect to
see on the quiz:
1. How
to determine sample size when given sampling error, sample
standard deviation, & a level of confidence
2. Be
able to calculate a z stat for a given set of data (e.g.,
population mean, sample mean, sample standard deviation,
& sample size)
3. Know
how to interpret that z stat compared to the
hypothesis/claim being made (i.e., be able to compare the z
stat to the z crit & conclude what the result is)
4. If given a confidence
interval be able to calculate sampling error.
5. What
happens in regard to a test statistic (e.g., z stat) when
the confidence value changes.
Here are
some sample problems to study & think about for Quiz
#4. Take note of how much time it takes you to read
the problem, decipher the info included, & then how long
it takes to formulate an answer.
When calculating a z stat, keeping all other variables
constant while increasing the confidence level from 95% to
99% results in a _____ test statistic.
Jordan
wants to estimate the average weekly study time for a
specific group of university students. Based on a prior
pilot study, the standard deviation is assumed to be 4
hours. If Jordan wants a 95% confidence interval z-value =
1.96) with a sampling error of 0.5 hours, what is the
minimum sample size required?