Stats 2 End Term: 24 December 2023, Set FDF1 (September 2023 term)
The IIT Madras BS Statistics for Data Science II (Stats 2) End Term paper sat on 24 Dec 2023, in the September 2023 term, set FDF1: 15 questions for 40 marks in 180 minutes. Every question is below with its answer. Take it as a timed mock test to be marked, or read it through first.
- 15
- 40
- 180 min
- 4
- 8
- 3
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Correct answer
Question 2
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Correct answer: 14
Question 3
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Correct answer: 3
Question 4
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Correct answers
Question 5
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Correct answers
Question 6
Based on the above data, answer the given subquestions.
Let a random sample of X be 1, 2, 2.5, 2.5, 2. Find the method of moments estimate of α for the given sample.
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Correct answer: 1
Question 7
Based on the above data, answer the given subquestions.
Let a random sample of X be 6, 7.5, 7.5, 3, 6. Find the maximum likelihood estimate of α for the given sample.
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Correct answer: 3
Question 8
Based on the above data, answer the given subquestions.
Which of the following option(s) is (are) true about the moment generating function of the random variable Y ?
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Question 9
Based on the above data, answer the given subquestions.
Find the expected value of Y .
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Correct answer: 2
Question 10
The battery life of a smartphone is normal with standard deviation of 4 hours. The manufacturer claims that their latest model’s battery life lasts, on average, for 10 hours before needing a recharge. We suspect that this is too low. To investigate this claim, we have selected a random sample of 100 smartphones. If the average battery life of these smartphones is greater than 11.1 hours, the manufacturer’s claim will be rejected; otherwise, it will be accepted.
Based on the above data, answer the given subquestions.
Define null hypothesis and alternative hypothesis.
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Correct answer
Question 11
The battery life of a smartphone is normal with standard deviation of 4 hours. The manufacturer claims that their latest model’s battery life lasts, on average, for 10 hours before needing a recharge. We suspect that this is too low. To investigate this claim, we have selected a random sample of 100 smartphones. If the average battery life of these smartphones is greater than 11.1 hours, the manufacturer’s claim will be rejected; otherwise, it will be accepted.
Based on the above data, answer the given subquestions.
Find the power of the test for μ = 11. Enter the answer correct to two decimal places.
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Correct answer: 0.4 (accepted within ±0.03)
Question 12
Let p be the proportion of customers who favor a newly introduced feature in our mobile app. The product team randomly selected 50 customers and asked them if they appreciate the new feature. From the survey, 20 out of the 50 customers responded with a ‘yes.’
Based on the above data, answer the given subquestions.
Find the posterior distribution of p for a Uniform [0, 1] prior.
Beta(20, 30)
Beta(30, 20)
Beta(21, 31)
Beta(31, 21)
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Correct answer
Beta(21, 31)
Question 13
Let p be the proportion of customers who favor a newly introduced feature in our mobile app. The product team randomly selected 50 customers and asked them if they appreciate the new feature. From the survey, 20 out of the 50 customers responded with a ‘yes.’
Based on the above data, answer the given subquestions.
Find the posterior mean. Enter the answer correct to two decimal places.
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Correct answer: 0.4 (accepted within ±0.03)
Question 14
Let X represent the time (in hours) it takes for a light bulb to burn out. Assume X follows an exponential distribution with a mean of 100 hours.
Based on the above data, answer the given subquestions.
What is the probability that a randomly selected light bulb will last more than 150 hours?
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Correct answer
Question 15
Let X represent the time (in hours) it takes for a light bulb to burn out. Assume X follows an exponential distribution with a mean of 100 hours.
Based on the above data, answer the given subquestions.
Find P(X > 300 | X > 200). Enter the answer correct to two decimal places.
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Correct answer: 0.37 (accepted within ±0.03)
