Exam 8: Confidence Interval Estimation

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A quality control engineer is interested in estimating the proportion of defective items coming off a production line.In a sample of 300 items, 27 are defective.A 90% confidence interval for the proportion of defectives from this production line would go from to .

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SCENARIO 8-4 The actual voltages of power packs labeled as 12 volts are as follows: 11.77, 11.90, 11.64, 11.84, 12.13, 11.99, and 11.77. -Referring to Scenario 8-4, the critical value for a 99% confidence interval for this sample is.

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The county clerk wants to estimate the proportion of voters who will need special election facilities.Suppose a sample of 400 voters was taken.If 150 need special election facilities, calculate a 90%confidence interval for the population proportion.

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The standardized normal distribution is used to develop a confidence interval estimate of the population proportion regardless of whether the population standard deviation is known.

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A confidence interval was used to estimate the proportion of statistics students who are females.Arandom sample of 72 statistics students generated the following 90% confidence interval: (0.438,0.642).Based on the interval above, is the population proportion of females equal to 0.60?

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SCENARIO 8-11 A poll was conducted by the marketing department of a video game company to determine the popularity of a new game that was targeted to be launched in three months.Telephone interviews with 1,500 young adults were conducted which revealed that 49% said they would purchase the new game.The margin of error was ±3 percentage points. -Referring to Scenario 8-11, what is the needed sample size to obtain a 95% confidence interval in estimating the percentage of the targeted young adults who will purchase the new game to within±5% if you do not have the information on the 49% in the interviews who said that they would purchase the new game?

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SCENARIO 8-6 After an extensive advertising campaign, the manager of a company wants to estimate the proportion of potential customers that recognize a new product.She samples 120 potential consumers and finds that 54 recognize this product.She uses this sample information to obtain a 95% confidence interval that goes from 0.36 to 0.54. -Referring to Scenario 8-6, 95% of the time, the sample proportion of people that recognize the product will fall between 0.36 and 0.54.

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SCENARIO 8-3 To become an actuary, it is necessary to pass a series of 10 exams, including the most important one, an exam in probability and statistics.An insurance company wants to estimate the mean score on this exam for actuarial students who have enrolled in a special study program.They take a sample of 8 actuarial students in this program and determine that their scores are: 2, 5, 8, 8, 7, 6, 5, and 7.This sample will be used to calculate a 90% confidence interval for the mean score for actuarial students in the special study program. -Referring to Scenario 8-3, the confidence interval will be based on degrees of freedom.

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In estimating the population mean with the population standard deviation unknown, if the sample size is 12, there will be 6 degrees of freedom.

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SCENARIO 8-10 A sales and marketing management magazine conducted a survey on salespeople cheating on their expense reports and other unethical conduct.In the survey on 200 managers, 58% of the managers have caught salespeople cheating on an expense report, 50% have caught salespeople working a second job on company time, 22% have caught salespeople listing a "strip bar" as a restaurant on an expense report, and 19% have caught salespeople giving a kickback to a customer. -Referring to Scenario 8-10, it is possible that the 95% confidence interval calculated from the data will not contain the sample proportion of managers who have caught salespeople cheating on an expense report.

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SCENARIO 8-1 The managers of a company are worried about the morale of their employees.To determine if a problem in this area exists, they decide to evaluate the attitudes of their employees with a standardized test.They select the Fortunato test of job satisfaction, which has a known standard deviation of 24 points. -Referring to Scenario 8-1, they should sample employees if they want to estimate the mean score of the employees within 5 points with 90% confidence.

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SCENARIO 8-5 A sample of salary offers (in thousands of dollars) given to management majors is: 48, 51, 46, 52, 47, 48, 47, 50, 51, and 59.Using this data to obtain a 95% confidence interval resulted in an interval from 47.19 to 52.61. -Referring to Scenario 8-5, it is possible that the mean of the population is between47.19 and 52.61.

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SCENARIO 8-9 A university wanted to find out the percentage of students who felt comfortable reporting cheating by their fellow students.A survey of 2,800 students was conducted and the students were asked if they felt comfortable reporting cheating by their fellow students.The results were 1,344 answered "Yes" and 1,456 answered "no". -Referring to Scenario 8-9, we are 99% confident that the total number of the student population who feel comfortable reporting cheating by their fellow students is between 0.4557 and0.5043.

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The width of a confidence interval estimate for a proportion will be

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An economist is interested in studying the incomes of consumers in a country.The population standard deviation is known to be $1,000.A random sample of 50 individuals resulted in a mean income of $15,000.What total sample size would the economist need to use for a 95% confidence interval if the width of the interval should not be more than $100?

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SCENARIO 8-2 A quality control engineer is interested in the mean length of sheet insulation being cut automatically by machine.The desired mean length of the insulation is 12 feet.It is known that the standard deviation in the cutting length is 0.15 feet.A sample of 70 cut sheets yields a mean length of 12.14 feet.This sample will be used to obtain a 99% confidence interval for the mean length cut by machine. -Referring to Scenario 8-2, the confidence interval indicates that the machine is not working properly.

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SCENARIO 8-4 The actual voltages of power packs labeled as 12 volts are as follows: 11.77, 11.90, 11.64, 11.84, 12.13, 11.99, and 11.77. -Referring to Scenario 8-4, a 99% confidence interval will contain 99% of the voltages for all such power packs.

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The confidence interval estimate of the population mean is constructed around the sample mean.

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SCENARIO 8-5 A sample of salary offers (in thousands of dollars) given to management majors is: 48, 51, 46, 52, 47, 48, 47, 50, 51, and 59.Using this data to obtain a 95% confidence interval resulted in an interval from 47.19 to 52.61. -Referring to Scenario 8-5, a 99% confidence interval for the mean of the population from the same sample would be wider than 47.19 to 52.61.

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As an aid to the establishment of personnel requirements, the director of a hospital wishes to estimate the mean number of people who are admitted to the emergency room during a 24-hour period.The director randomly selects 64 different 24-hour periods and determines the number of admissions foreach.For this sample, Xˉ=396\bar { X } = 396 and S = 100.Which of the following assumptions is necessary for aconfidence interval to be valid?

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