Exam 8: Sampling Distributions and Estimation

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In a sample size calculation,if the confidence level decreases,the size of the sample needed will increase.

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A 99 percent confidence interval has more confidence but less precision than a 95 percent confidence interval.

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Approximately 95 percent of the population X values will lie within the 95 percent confidence interval for the mean.

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The expected value of an unbiased estimator is equal to the parameter whose value is being estimated.

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The sample mean is not a random variable when the population parameters are known.

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In a random sample of 810 women employees,it is found that 81 would prefer working for a female boss.The width of the 95 percent confidence interval for the proportion of women who prefer a female boss is:

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In comparing estimators,the more efficient estimator will have a smaller standard error.

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The owner of Torpid Oaks B&B wanted to know the average distance its guests had traveled.A random sample of 16 guests showed a mean distance of 85 miles with a standard deviation of 32 miles.The 90 percent confidence interval (in miles)for the mean is approximately:

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The finite population correction factor (FPCF)can be ignored if n = 7 and N = 700.

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A sampling distribution describes the distribution of:

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In which situation may the sample proportion safely be assumed to follow a normal distribution?

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To estimate the required sample size for a proportion,one method is to take a small pilot sample to estimate π and then apply the sample size formula.

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Jolly Blue Giant Health Insurance (JBGHI)is concerned about rising lab test costs and would like to know what proportion of the positive lab tests for prostate cancer are actually proven correct through subsequent biopsy.JBGHI demands a sample large enough to ensure an error of ± 2 percent with 90 percent confidence.What is the necessary sample size?

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In which situation may the sample proportion safely be assumed to follow a normal distribution?

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Which of the following statements is most nearly correct,other things being equal?

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A consistent estimator for the mean:

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List differences and similarities between Student's t and the standard normal distribution.

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Sampling error can be avoided:

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As n increases,the width of the confidence interval will decrease,ceteris paribus.

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The standard error of the mean decreases when:

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