Exam 8: Interval Estimation
Exam 1: Data and Statistics84 Questions
Exam 2: Descriptive Statistics: Tabular and Graphical Displays67 Questions
Exam 3: Descriptive Statistics: Numerical Measures118 Questions
Exam 4: Introduction to Probability94 Questions
Exam 5: Discrete Probability Distributions84 Questions
Exam 6: Continuous Probability Distributions121 Questions
Exam 7: Sampling and Sampling Distributions116 Questions
Exam 8: Interval Estimation90 Questions
Exam 9: Hypothesis Tests95 Questions
Exam 10: Inference About Means and Proportions With Two Populations63 Questions
Exam 11: Inferences About Population Variances66 Questions
Exam 12: Comparing Multiple Proportions, Tests of Independence and Goodness of Fit59 Questions
Exam 13: Experimental Design and Analysis of Variance76 Questions
Exam 14: Simple Linear Regression132 Questions
Exam 15: Multiple Regression103 Questions
Exam 16: Regression Analysis: Model Building41 Questions
Exam 17: Time Series Analysis and Forecasting51 Questions
Exam 18: Nonparametric Methods58 Questions
Exam 19: Decision Analysis48 Questions
Exam 20: Index Numbers39 Questions
Exam 21: Statistical Methods for Quality Control60 Questions
Exam 22: Sample Survey48 Questions
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A random sample of 64 students at a university showed an average age of 25 years and a sample standard deviation of 2 years. The 95% confidence interval for the true average age of all students in the university is
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B
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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C
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. There were 326,766,748 people living in the United States at the time of the survey. Determine an interval with 99% confidence for the number (how many) of people living in the United States who have a computer at home.
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Correct Answer:
C
When s is used to estimate σ, the margin of error is computed by using the
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In interval estimation, the t distribution is applicable only when the
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A random sample of 64 observations has a mean of 20, a median of 21, and a mode of 22. The population standard deviation is known to equal 4.8. The 95.44% confidence interval for the population mean is
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The following random sample from a population whose values were normally distributed was collected. 10
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The 95% confidence interval for μ is
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In 2015, approximately 136,943,000 people visited an emergency room in the United States. Of these, approximately 12,263,000 were subsequently admitted to the hospital. Determine an interval with 99% confidence for the number (how many) of people visiting an emergency room who were subsequently admitted to the hospital.
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Potential sampling error _____as the sample size increases.
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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 95% confidence interval for the average hourly wage (in $) of all information system managers is
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A sample of 200 elements from a population with a known standard deviation is selected. For an interval estimation of μ, the proper distribution to use is the
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A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240. The margin of error at 95% confidence is
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The value added to and subtracted from a point estimate in order to develop an interval estimate of the population parameter is known as the
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If we want to provide a 95% confidence interval for the mean of a population, the confidence coefficient will be
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In developing an interval estimate, if the population standard deviation is unknown,
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It is known that the population variance (σ2) is 125. At 95% confidence, what sample size should be taken so that the margin of error does not exceed 3?
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A random sample of 25,000 ACT test takers had an average score of 21 with a standard deviation of 5. With a .95 probability, determine the margin of error.
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We can reduce the margin of error in an interval estimate of p by doing any of the following except
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A random sample of 81 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 300. The t value needed to develop the 95% confidence interval for the population mean SAT score is
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