Exam 9: Estimation and Confidence Intervals

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When using the t distribution to calculate a confidence interval, we assume that the population of interest is normal or nearly normal.

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A sample of 500 students is selected from a known population of 15000 students to construct a 99% confidence interval for the average SAT score. What correction factor should be used to compute the standard error?

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Which of the following is a point estimate for the population mean (µ)?

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The 95% confidence interval states that 95% of the sample means of a specified sample size selected from a population will lie within plus and minus 1.96 standard deviations of the hypothesized population mean.

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A university surveyed recent graduates of the English Department for their starting salaries. Four hundred graduates returned the survey. The average salary was $25,000. The population standard deviation was $2,500. What is the 95% confidence interval for the mean salary of all graduates from the English Department?

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The population variation has little or no effect in determining the size of a sample selected from the population.

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A random sample of 20 items is selected from a population. When computing a confidence interval for the population mean, what number of degrees of freedom should be used to determine the appropriate t-value?

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An interval estimate is a single value used to estimate a population parameter.

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Suppose 1,600 of 2,000 registered voters sampled said they planned to vote for the Republican candidate for president. Using the 0.95 degree of confidence, what is the interval estimate for the population proportion (to the nearest 10th of a percent)?

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A group of statistics students decided to conduct a survey at their university to estimate the average (mean) amount of time students spent studying per week. They sampled 554 students and found a mean of 22.3 hours per week. Assuming a population standard deviation of six hours, what is the 95% level of confidence?

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A silkscreen printing company purchases t-shirts. To ensure the quality of the shipment, 300 t-shirts are randomly selected. Fifteen are defective. What is the estimated proportion defective in the population?

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What is the interpretation of a 96% confidence level?

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A student wanted to construct a 95% confidence interval for the mean age of students in her statistics class. She randomly selected nine students. Their mean age was 19.1 years, with a sample standard deviation of 1.5 years. What is the 95% confidence interval for the population mean?

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A research firm wants to compute an interval estimate with 90% confidence for the mean time to complete an employment test. Assuming a population standard deviation of three hours, what is the required sample size if the error should be less than a half hour?

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One factor in determining the size of a sample is the degree of confidence selected. This is usually 0.95 or 0.99, but it may be any degree of confidence you specify.

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The finite population correction factor is used to adjust the z-statistic.

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Sugar is packaged in 16-ounce bags. If 42 bags are sampled, with a mean of 15.95 ounces and a standard deviation of 0.4 ounces, what is the 99% confidence interval estimate of the population mean?

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A survey of 25 grocery stores revealed that the mean price of a gallon of milk was $2.98, with a standard error of $0.10. If 90% and 95% confidence intervals were developed to estimate the true cost of a gallon of milk, what similarities would they have?

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For a sampling distribution of means with a known population standard deviation, ______% of the means would be between ±1.96 standard errors.

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Approximately 25% of tourists going to Atlantic City to gamble spend more than $500. The Atlantic City Chamber of Commerce wants to update this percentage. For the new study, the estimate should be within 1% of the population proportion, with a 90% confidence level. What is the necessary sample size?

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