Exam 8: Interval Estimation

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To compute the necessary sample size for an interval estimate of a population proportion, all of the following procedures are recommended when p is unknown except​

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C

A 95% confidence interval for a population mean is determined to be 100 to 120.For the same data, if the confidence coefficient is reduced to .90, the confidence interval for μ

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Many people who bought X-Game gaming systems over the holidays have complained that the systems they purchased were defective.In a sample of 1200 units sold, 18 units were defective. a. Determine a 95% confidence interval for the percentage of defective systems in the population. b. If 1.5 million X-Game gaming systems were sold over the holidays, determine an interval for the number of defectives in sales.

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a.
.00812 to .02188 (rounded)
b.
12,184 to 32,816 (using unrounded estimates)

Information regarding the price of a roll of camera film (35 mm, 24 exposure) for a sample of 12 cities worldwide is shown below.Determine a 95% confidence interval for the population mean assuming that the population is normally distributed. Information regarding the price of a roll of camera film (35 mm, 24 exposure) for a sample of 12 cities worldwide is shown below.Determine a 95% confidence interval for the population mean assuming that the population is normally distributed.

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A sample of 100 information systems managers had an average hourly income of $40.00 with a standard deviation of $8.00.The value of the margin of error at 95% confidence is

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The manager of a grocery store has taken a random sample of 144 customers.The average length of time it took these 144 customers to check out was 3 minutes.It is known that the standard deviation of the population of checkout times is 1 minute.The standard error of the mean equals

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When s is used to estimate σ, the margin of error is computed by using the

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The proprietor of a boutique in New York wanted to determine the average age of his customers.A random sample of 53 customers revealed an average age of 28 years with a standard deviation of 4 years.Determine a 98% confidence interval estimate for the average age of all his customers.

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A statistician selected a sample of 16 accounts receivable and determined the mean of the sample to be $5000 with a standard deviation of $400.He reported that the sample information indicated the mean of the population ranges from $4739.80 to $5260.20.He neglected to report what confidence coefficient he had used.Based on the above information, determine the confidence coefficient that was used.Assume the population has a normal distribution.

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The manager of a department store wants to determine the proportion of people who use the store's credit cards for their purchases.What sample size should he take so that, at 95% confidence, the error will not be more than 6%?

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In November 2018, 50,000 people living in the United States were asked whether they had a computer at home.43,128 answered yes, they had a computer at home.Provide a 99% confidence interval for the proportion of people living in the United States who have a computer at home.

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You are given the following information obtained from a sample of 5 observations taken from a population that has a normal distribution. You are given the following information obtained from a sample of 5 observations taken from a population that has a normal distribution.   ​ Develop a 98% confidence interval estimate for the mean of the population. ​ Develop a 98% confidence interval estimate for the mean of the population.

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A machine that produces a major part for an airplane engine is monitored closely.In the past, 6% of the parts produced would be defective.With a .95 probability, the sample size that needs to be taken if the desired margin of error is .04 or less is

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As the number of degrees of freedom for a t distribution increases, the difference between the t distribution and the standard normal distribution

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The t distribution is a family of similar probability distributions, with each individual distribution depending on a parameter known as the​

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The Highway Safety Department wants to study the driving habits of individuals.A sample of 121 cars traveling on the highway revealed an average speed of 60 miles per hour with a standard deviation of 11 miles per hour.Determine a 95% confidence interval estimate for the speed of all cars.

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The manager of a grocery store has taken a random sample of 144 customers.The average length of time it took these 144 customers to check out was 3 minutes.It is known that the standard deviation of the population of checkout times is 1 minute.With a .95 probability, the sample mean will provide a margin of error of

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Choo Choo Paper Company produces papers of various thickness.A random sample of 300 cuts of a specific variety had a mean thickness of 35.3 mils with a standard deviation of 5 mils.Develop a 95% confidence interval for the mean thickness of the population.

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Below you are given ages that were obtained by taking a random sample of 6 undergraduate instructors at a university.Assume the population has a normal distribution. Below you are given ages that were obtained by taking a random sample of 6 undergraduate instructors at a university.Assume the population has a normal distribution.   ​  a. What is the point estimate of μ? b. Determine the standard deviation. c. Construct a 90% confidence interval for the average age of undergraduate instructors. d. Construct a 99% confidence interval for the average age of undergraduate instructors. e. Discuss why the 90% and 99% confidence intervals are different. ​ a. What is the point estimate of μ? b. Determine the standard deviation. c. Construct a 90% confidence interval for the average age of undergraduate instructors. d. Construct a 99% confidence interval for the average age of undergraduate instructors. e. Discuss why the 90% and 99% confidence intervals are different.

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A researcher is interested in determining the average number of years of employee retention in a company.If past information shows a population standard deviation of 9 months, what sample size should be taken so that, at 95% confidence, the margin of error will be 3 months or less?

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