Exam 9: Confidence Intervals
Exam 1: An Introduction to Business Statistics and Analytics98 Questions
Exam 2: Descriptive Statistics and Analytics: Tabular and Graphical Methods120 Questions
Exam 3: Descriptive Statistics and Analytics: Numerical Methods145 Questions
Exam 4: Probability and Probability Models150 Questions
Exam 5: Predictive Analytics I: Trees, K-Nearest Neighbors, Naive Bayes,101 Questions
Exam 6: Discrete Random Variables150 Questions
Exam 7: Continuous Random Variables150 Questions
Exam 8: Sampling Distributions111 Questions
Exam 9: Confidence Intervals149 Questions
Exam 10: Hypothesis Testing150 Questions
Exam 11: Statistical Inferences Based on Two Samples140 Questions
Exam 12: Experimental Design and Analysis of Variance132 Questions
Exam 13: Chi-Square Tests120 Questions
Exam 14: Simple Linear Regression Analysis147 Questions
Exam 15: Multiple Regression and Model Building85 Questions
Exam 16: Predictive Analytics Ii: Logistic Regression, Discriminate Analysis,101 Questions
Exam 17: Time Series Forecasting and Index Numbers161 Questions
Exam 18: Nonparametric Methods103 Questions
Exam 19: Decision Theory90 Questions
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When a confidence interval for a population proportion is constructed for a sample size n = 30 and the value of
= .4, the interval is based on

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(Multiple Choice)
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Correct Answer:
A
Unoccupied seats on flights cause airlines to lose revenue. Suppose a large airline wants to estimate its average number of unoccupied seats per flight over the past year. Two hundred and twenty-five flight records are randomly selected, and the number of unoccupied seats is noted, with a sample mean of 11.6 seats and a standard deviation of 4.1 seats. Calculate a 90 percent confidence interval for μ, the mean number of unoccupied seats per flight during the past year.
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(Multiple Choice)
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Correct Answer:
D
When the level of confidence and sample standard deviation remain the same, a confidence interval for a population mean based on a sample of n = 100 will be ________ a confidence interval for a population mean based on a sample of n = 50.
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(Multiple Choice)
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Correct Answer:
B
As the margin of error decreases, the width of the confidence interval ________.
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A researcher for a paint company is measuring the level of a certain chemical contained in a particular type of paint. If the paint contains too much of this chemical, the quality of the paint will be compromised. On average, each can of paint contains 10 percent of the chemical. How many cans of paint should the sample contain if the researcher wants to be 98 percent certain of being within 1 percent of the true proportion of this chemical?
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When the sample size and sample standard deviation remain the same, a 99 percent confidence interval for a population mean, μ, will be ________ the 95 percent confidence interval for μ.
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The quality control manager of a tire company wishes to estimate the tensile strength of a standard size of rubber used to make a class of radial tires. A random sample of 61 pieces of rubber from different production batches is subjected to a stress test. The test measures the force (in pounds) needed to break the rubber. According to the sample results, the average pressure is 238.4 pounds with a population standard deviation of 35 pounds. Determine the 98 percent confidence interval.
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What sample size is needed to estimate the proportion of highway speeders within 5 percent using a 90 percent confidence level?
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The weight of a product is measured in pounds. A sample of 50 units is taken from a recent production. The sample yielded
= 75 lb, and we know that σ2 = 100 lb. Calculate a 90 percent confidence interval for μ.

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We want to estimate with 99 percent confidence the percentage of automobile purchasers who are under 30 years of age. A margin of error of 5 percentage points is desired. What sample size is needed? In an earlier sample, we found a 99 percent confidence interval of purchasers under 30 years of age to be [.18, .27] (use this figure for the sample proportion).
(Multiple Choice)
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The 95 percent confidence interval for the average weight of a product is from 72.23 lb to 77.77 lb. Is μ = 77 a possible population mean using that 95 percent confidence interval?
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When determining the sample size (n) for a confidence interval for ρ, if you are using a previous sample, use the reasonable value of ρ that is closest to .25.
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A psychologist is collecting data on the time it takes to learn a certain task. For 50 randomly selected adult subjects, the sample mean is 16.40 minutes and the sample standard deviation is 4.00 minutes. Construct the 95 percent confidence interval for the mean time required by all adults to learn the task.
(Multiple Choice)
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The weight of a product is measured in pounds. A sample of 50 units is taken from a recent production. The sample yielded
= 75 lb, and we know that σ2 = 100 lb. Calculate a 99 percent confidence interval for μ.

(Multiple Choice)
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When the sample size and the sample proportion
remain the same, a 90 percent confidence interval for a population proportion p will be ________ the 99 percent confidence interval for p.

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The success rate of an experimental medical procedure is 37 per 120 cases in a sample. Find a 95 percent confidence interval for the actual success proportion of the procedure.
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Unoccupied seats on flights cause airlines to lose revenue. Suppose a large airline wants to estimate its average number of unoccupied seats per flight over the past year. Two hundred and twenty-five flight records are randomly selected and the number of unoccupied seats is noted, with a sample mean of 11.6 seats and a standard deviation of 4.1 seats. Calculate a 95 percent confidence interval for μ, the mean number of unoccupied seats per flight during the past year.
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A confidence interval for the population mean is meant to contain a specified percentage of the individual population measurements.
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