Exam 10: Introduction to Estimation

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

The upper limit of the 90% confidence interval for μ,where n = 81,= 70,and σ = 20,is 77.33.

(True/False)
4.8/5
(43)

When determining the sample size necessary for estimating the true population mean,which factor is not of our concern when sampling with replacement?

(Multiple Choice)
4.8/5
(31)

The upper limit of the 90% confidence interval for μ,where n = 64,= 70,and σ = 20,is 74.11

(True/False)
4.9/5
(34)

The sample variance s2 is an unbiased estimator of the population variance σ2 when the denominator of s2 is

(Multiple Choice)
4.8/5
(35)

If the population standard deviation is guesstimated,and it turned out to be smaller than you assumed,then the sample size you calculated is ____________________ than it needs to be.

(Short Answer)
4.9/5
(31)

An electronics retailer is interested in studying the incomes of consumers in a particular area.The population standard deviation is known to be $1,000.What sample size would the researcher need to use for a 95% confidence interval if the difference between UCL and LCL should not be more than $100?

(Essay)
4.9/5
(25)

A 95% confidence interval estimate for a population mean μ is determined to be 75 to 85.If the confidence level is reduced to 80%,the confidence interval for μ becomes wider.

(True/False)
4.9/5
(40)

Suppose that a 95% confidence interval for μ is given by Suppose that a 95% confidence interval for μ is given by   .This notation means that,if we repeatedly draw samples of the same size from the same population,95% of the values of   will be such that μ would lie somewhere between   . .This notation means that,if we repeatedly draw samples of the same size from the same population,95% of the values of Suppose that a 95% confidence interval for μ is given by   .This notation means that,if we repeatedly draw samples of the same size from the same population,95% of the values of   will be such that μ would lie somewhere between   . will be such that μ would lie somewhere between Suppose that a 95% confidence interval for μ is given by   .This notation means that,if we repeatedly draw samples of the same size from the same population,95% of the values of   will be such that μ would lie somewhere between   . .

(True/False)
4.8/5
(32)

An interval estimate is a range of values within which the actual value of the population parameter,such as μ,may fall.

(True/False)
4.9/5
(33)

After constructing a confidence interval estimate for a population mean,you believe that the interval is useless because it is too wide.In order to correct this problem,you need to:

(Multiple Choice)
5.0/5
(33)

The width of a 95% confidence interval is 0.95.

(True/False)
4.9/5
(33)

The sample mean The sample mean   is a consistent estimator of the population mean μ. is a consistent estimator of the population mean μ.

(True/False)
4.7/5
(38)

Which of the following conditions does not allow you to use the formula Which of the following conditions does not allow you to use the formula   to estimate μ? to estimate μ?

(Multiple Choice)
4.9/5
(28)

Which of the following statements is correct?

(Multiple Choice)
4.8/5
(28)

A specific confidence interval obtained from data will always correctly estimate the population parameter.

(True/False)
4.9/5
(42)

The term 1 − α refers to:

(Multiple Choice)
4.9/5
(36)

If there are two unbiased estimators of the same parameter,the one whose variance is smaller is said to be relatively more ____________________.

(Short Answer)
4.9/5
(33)

Draw the sampling distribution of two unbiased estimators for μ,one of which is relatively efficient.

(Essay)
4.9/5
(28)

If the population standard deviation is guesstimated,and it turned out to be larger than you assumed,then the sample size you calculated is ____________________ than it needs to be.

(Short Answer)
4.8/5
(38)

The sample size needed to estimate a population mean to within 50 units was found to be 97.If the population standard deviation was 250,then the confidence level used was

(Multiple Choice)
4.8/5
(45)
Showing 61 - 80 of 154
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)