Exam 10: Introduction to Estimation

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In developing an interval estimate for a population mean, the population standard deviation σ\sigma was assumed to be 10. The interval estimate was 50.92 ±\pm 2.14. Had ±\pm equaled 20, the interval estimate would be

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A confidence interval is a probability statement about the ____________________ mean.

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Define consistency.

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In this chapter you need four values to construct the confidence interval estimate of μ\mu . They are the sample mean, the sample size, the population standard deviation, and the confidence level.

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It is ____________________ to say that a 95% confidence interval means there is a 95% chance that the parameter lies in that confidence interval.

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NARRBEGIN: Time Spent Playing Comput Time Spent Playing Computer Games Suppose that the amount of time teenagers spend playing computer games per week is normally distributed with a standard deviation of 1.5 hours. A sample of 100 teenagers is selected at random, and the sample mean computed as 6.5 hours.NARREND -{Time Spent Playing Computer Games Narrative} Determine the 95% confidence interval estimate of the population mean if the sample mean is changed to 8.5 hours.

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In developing an interval estimate for a population mean, the population standard deviation σ\sigma was assumed to be 8. The interval estimate was 50.0 ±\pm 2.50. Had σ\sigma equaled 16, the interval estimate would be 100 ±\pm 5.0.

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Which of the following statements is true?

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An unbiased estimator is said to be consistent if the difference between the estimator and the parameter grows larger as the sample size grows larger.

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The problem with relying on a point estimate of a population parameter is that:

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Increasing the sample size fourfold decreases the width of the confidence interval by ____________________.

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An interval estimate is an estimate of the range for a sample statistic.

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Suppose that a 90% confidence interval for μ\mu is given by xˉ±0.75\bar { x } \pm 0.75 . This notation means that we are 90% confident that μ\mu falls between xˉ0.75\bar { x } - 0.75 and xˉ+0.75\bar { x } + 0.75 .

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When constructing confidence interval estimate of μ\mu , doubling the sample size n decreases the width of the interval by half.

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The sample mean Xˉ\bar { X } is a consistent estimator of the population mean μ\mu .

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The larger the confidence level used in constructing a confidence interval estimate of the population mean, the narrower the confidence interval.

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Which of the following statements is correct?

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In order to construct a confidence interval estimate of the population mean, the value of the population mean is needed.

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If the confidence level is reduced, the confidence interval:

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A market researcher is interested in studying the incomes of consumers in a particular region. The population standard deviation is known to be $1,000. A random sample of 50 individuals resulted in an average income of $15,000. What is the upper end point in a 99% confidence interval for the average income?

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