Exam 8: Interval Estimation

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In order to estimate the average electric usage per month, a sample of 64 houses was selected and the electric usage was determined. Assume a population standard deviation of 320 kilowatt-hours. The standard error of the mean is

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We are interested in conducting a study in order to determine the percentage of voters in a city who would vote for the incumbent mayor. What is the minimum sample size needed to estimate the population proportion with a margin of error not exceeding 4% at 95% confidence?

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An estimate of a population parameter that provides an interval of values believed to contain the value of the parameter is known as the

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If we change a 95% confidence interval estimate to a 99% confidence interval estimate, we can expect the

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Using an α = .04, a confidence interval for a population proportion is determined to be .65 to .75. For the same data, if α is decreased, the confidence interval for the population proportion

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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 standard error of the mean is

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In order to estimate the average time spent per student on the computer terminals at a local university, data were collected for a sample of 64 business students over a one-week period. Assume the population standard deviation is 1.6 hours. With a .95 probability, the margin of error is approximately

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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. Provide a 99% confidence interval for the proportion of people visiting an emergency room who were subsequently admitted to the hospital.

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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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The t value for a 95% confidence interval estimation with 96 degrees of freedom is

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A random sample of 1000 people was taken. Seven hundred fifty of the people in the sample favored Candidate A. The 95% confidence interval for the true proportion of people who favor Candidate A is

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To compute the minimum sample size for an interval estimate of μ, we must first determine all of the following except

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A random sample of 100,000 credit sales in a department store showed an average sale of $87.25. From past data, it is known that the standard deviation of the population is $20.00. What is the 95% confidence interval of the population mean?

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In a sample of 400 voters, 360 indicated they favor the incumbent governor. The 95% confidence interval of voters not favoring the incumbent is

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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 95% confidence interval for the population mean SAT score is

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The probability that the interval estimation procedure will generate an interval that does not contain the actual value of the population parameter being estimated is the​

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For the interval estimation of μ when σ is known and the sample is large, the proper distribution to use is the

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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. If we want to determine a 95% confidence interval for the average hourly income of the population, the value of t 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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A random sample of 25,000 ACT test takers had an average score of 21 with a standard deviation of 5. Determine the standard error.

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