Exam 7: Estimates and Sample Size

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Assume that a sample is used to estimate a population proportion p. Find the margin of error E that corresponds to the given statistics and confidence level. Round the margin of error to four decimal places. - 95% confidence; n=2015,x=163195 \% \text { confidence; } n = 2015 , x = 1631

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Find the critical value zα/2z _ { \alpha / 2 } that corresponds to a 91% confidence level.

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Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p. - n=171,x=124;95%\mathrm { n } = 171 , \mathrm { x } = 124 ; 95 \% confidence

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Assume that a sample is used to estimate a population proportion p. Find the margin of error E that corresponds to the given statistics and confidence level. Round the margin of error to four decimal places. - 90% confidence; n=430,x=8090 \% \text { confidence; } n = 430 , x = 80

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Use the confidence level and sample data to find a confidence interval for estimating the population µ. Round your answer to the same number of decimal places as the sample mean. -39 packages are randomly selected from packages received by a parcel service. The sample has a mean weight of 29.9 pounds and a standard deviation of 3.0 pounds. What is the 95% confidence interval for the true mean weight, µ, of all packages received by the parcel service?

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Use the given degree of confidence and sample data to construct a confidence interval for the population mean µ. Assume that the population has a normal distribution. -A savings and loan association needs information concerning the checking account balances of its local customers. A random sample of 14 accounts was checked and yielded a mean balance of $664.14 and a standard deviation of $297.29. Find a 98% confidence interval for the true mean checking account balance for local customers.

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Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p. -When 334 college students are randomly selected and surveyed, it is found that 103 own a car. Find a 99% confidence interval for the true proportion of all college students who own a car.

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A 99%99 \% confidence interval (in inches) for the mean height of a population is 65.33<μ<66.8765.33 < \mu < 66.87 . This result is based on a sample of size 144 . If the confidence interval 65.54<μ<66.6665.54 < \mu < 66.66 is obtained from the same sample data, what is the degree of confidence? (Hint: you will first need to find the sample mean and sample standard deviation).

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In constructing a confidence interval for σ\sigma or σ2\sigma ^ { 2 } , a table is used to find the critical values χL2\chi { } _ { L } ^ { 2 } and χR2\chi _ { \mathrm { R } } ^ { 2 } for values of n101\mathrm { n } \leq 101 . For larger values of n,χL2n , \chi _ { \mathrm { L } } ^ { 2 } and χR2\chi _ { \mathrm { R } } ^ { 2 } can be approximated by using the following formula: χ2=12[±zα/2+2k1]2\chi ^ { 2 } = \frac { 1 } { 2 } \left[ \pm \mathrm { z } _ { \alpha / 2 } + \sqrt { 2 \mathrm { k } - 1 } \right] ^ { 2 } where k\mathrm { k } is the number of degrees of freedom and zα/2\mathrm { z } _ { \alpha / 2 } is the critical z score. Estimate the critical values χL2\chi _ { \mathrm { L } } ^ { 2 } and χR2\chi _ { \mathrm { R } } ^ { 2 } for a situation in which you wish to construct a 95%95 \% confidence interval for σ\sigma and in which the sample size is n=295n = 295 .

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The confidence interval, 4.40<σ<6.394.40 < \sigma < 6.39 , for the population standard deviation is based on the following sample statistics: n=41,x=42.1\mathrm { n } = 41 , \overline { \mathrm { x } } = 42.1 , and s=5.2\mathrm { s } = 5.2 . What is the degree of confidence?

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Assume that a sample is used to estimate a population proportion p. Find the margin of error E that corresponds to the given statistics and confidence level. Round the margin of error to four decimal places. -99% confidence; n n=6400,x=1920\mathrm { n } = 6400 , \mathrm { x } = 1920

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Assume that a sample is used to estimate a population proportion p. Find the margin of error E that corresponds to the given statistics and confidence level. Round the margin of error to four decimal places. -In a random sample of 187 college students, 106 had part-time jobs. Find the margin of error for the 95% confidence interval used to estimate the population proportion.

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Explain how confidence intervals might be used to make decisions. Give an example to clarify your explanation.

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Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p. -Of 125 adults selected randomly from one town, 31 of them smoke. Construct a 99% confidence interval for the true percentage of all adults in the town that smoke.

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Suppose we wish to construct a confidence interval for a population proportion p. If we sample without replacement from a relatively small population of size N, the margin of error E is modified to include the finite population correction factor as follows: E=zα/2pq^nNnN1E = z _ { \alpha } / 2 \sqrt { \frac { \hat { p q } } { n } } \sqrt { \frac { N - n } { N - 1 } } Construct a 90%90 \% confidence interval for the proportion of students at a school who are left handed. The number of students at the school is N=410N = 410 . In a random sample of 89 students, selected without replacement, there are 10 left handers.

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Assume that a sample is used to estimate a population proportion p. Find the margin of error E that corresponds to the given statistics and confidence level. Round the margin of error to four decimal places. -99% confidence; the sample size is 1180, of which 45% are successes

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Use the given degree of confidence and sample data to find a confidence interval for the population standard deviation ?. Assume that the population has a normal distribution. Round the confidence interval limits to the same number of decimal places as the sample standard deviation. -The mean replacement time for a random sample of 20 washing machines is 9.4 years and the standard deviation is 2.5 years. Construct a 99% confidence interval for the standard deviation, ?, of the replacement times of all washing machines of this type.

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Find the value of zα/2- \mathrm { z } _ { \alpha / 2 } that corresponds to a confidence level of 97.80%.

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Use the given information to find the minimum sample size required to estimate an unknown population mean µ. -How many weeks of data must be randomly sampled to estimate the mean weekly sales of a new line of athletic footwear? We want 99% confidence that the sample mean is within $200 of the population mean, and the population standard deviation is known to be $1400.

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Use the given data to find the minimum sample size required to estimate the population proportion. -Margin of error: 0.04; confidence level: 99%; from a prior study, p^\hat { p } is estimated by 0.14.

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