Exam 10: Introduction to Estimation

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An unbiased estimator is a sample statistic whose expected value equals the population parameter.

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Is the sample mean a consistent estimator of the population mean? Explain

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An engineer for an electric fencing company is interested in the mean length of wires being cut automatically by machine. The desired length of the wires is 12 feet. It is known that the standard deviation in the cutting length is 0.15 feet. Suppose the engineer decided to estimate the mean length to within 0.025 with 99% confidence. What sample size would be needed?

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Explain briefly why interval estimators are preferred to point estimators.

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To estimate with 95% confidence the mean of a normal population whose standard deviation is assumed to be 4 and the maximum allowable sampling error is assumed to be 1, requires a random sample of size 62.

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Because n is an integer and we want the bound on the error of estimation to be no more than a given amount, any non-integer value found for n must always be rounded ____________________.

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Other things being equal, as the confidence level increases, the width of the confidence interval increases.

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Statisticians can control the ____________________ of a confidence interval by determining the sample size necessary to produce the desired results.

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NARRBEGIN: Conference Rooms Rented Conference Rooms Rented A hotel chain wants to estimate the average number of conference rooms rented daily in each month. The population of conference rooms rented daily is assumed to be normally distributed for each with a standard deviation of 24 rooms.NARREND -{Conference Rooms Rented Narrative} During January, a sample of 16 days has a sample mean of 48 rooms. This information is used to calculate an interval estimate for the population mean to be from 40 to 56 rooms. What is the level of confidence of this interval?

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How large a sample of federal employees in Nevada should be taken if we want to estimate with 98% confidence the mean salary to within $2,000. The population standard deviation is assumed to be $10,500.

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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.

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A precision control engineer is interested in the mean length of tubing being cut automatically by machine. It is known that the standard deviation in the cutting length is 0.15 feet. A sample of 60 cut tubes yields a mean length of 12.15 feet. This sample will be used to obtain a 99% confidence interval for the mean length cut by machine. a.What is the z α\alpha / 2 value to use in obtaining the confidence interval? b.Develop the 99% confidence interval for μ\mu .

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The sample ____________________ is an unbiased estimator for the population mean.

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An unbiased estimator of a population parameter is defined as:

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Suppose that a 95% confidence interval for μ\mu is given by xˉ±3.25\bar { x } \pm 3.25 . This notation means that, if we repeatedly draw samples of the same size from the same population, 95% of the values of xˉ\bar { x } will be such that μ\mu would lie somewhere between xˉ3.25\bar { x } - 3.25 and xˉ+3.25\bar { x } + 3.25 .

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In the formula xˉ±za/2σ/n\bar { x } \pm z _ { a / 2 } \sigma / \sqrt { n } , the subscript α\alpha / 2 refers to the area in the lower tail or upper tail of the sampling distribution of the sample mean.

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The term 1 - α\alpha refers to:

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Which of the following conditions does not allow you to use the formula xˉ±za/2σ/n\bar { x } \pm z _ { a / 2 } \sigma / \sqrt { n } to estimate μ\mu ?

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In determining the sample size n needed to estimate the population mean, n is higher if the population standard deviation σ\sigma is higher.

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A 99% confidence interval estimate of the population mean μ\mu can be interpreted to mean:

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