Exam 8: Sampling Distributions and Estimation
Exam 1: Overview of Statistics50 Questions
Exam 2: Data Collection95 Questions
Exam 3: Describing Data Visually108 Questions
Exam 4: Descriptive Statistics134 Questions
Exam 5: Probability121 Questions
Exam 6: Discrete Probability Distributions127 Questions
Exam 7: Continuous Probability Distributions112 Questions
Exam 8: Sampling Distributions and Estimation99 Questions
Exam 9: One-Sample Hypothesis Tests136 Questions
Exam 10: Two-Sample Hypothesis Tests115 Questions
Exam 11: Analysis of Variance141 Questions
Exam 12: Simple Regression120 Questions
Exam 13: Multiple Regression111 Questions
Exam 14: Time-Series Analysis111 Questions
Exam 15: Chi-Square Tests94 Questions
Exam 16: Nonparametric Tests84 Questions
Exam 17: Quality Management103 Questions
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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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(True/False)
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Correct Answer:
False
A 99 percent confidence interval has more confidence but less precision than a 95 percent confidence interval.
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(True/False)
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Correct Answer:
True
Approximately 95 percent of the population X values will lie within the 95 percent confidence interval for the mean.
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(True/False)
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Correct Answer:
False
The expected value of an unbiased estimator is equal to the parameter whose value is being estimated.
(True/False)
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The sample mean is not a random variable when the population parameters are known.
(True/False)
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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:
(Multiple Choice)
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In comparing estimators,the more efficient estimator will have a smaller standard error.
(True/False)
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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:
(Multiple Choice)
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The finite population correction factor (FPCF)can be ignored if n = 7 and N = 700.
(True/False)
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In which situation may the sample proportion safely be assumed to follow a normal distribution?
(Multiple Choice)
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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.
(True/False)
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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?
(Multiple Choice)
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In which situation may the sample proportion safely be assumed to follow a normal distribution?
(Multiple Choice)
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Which of the following statements is most nearly correct,other things being equal?
(Multiple Choice)
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List differences and similarities between Student's t and the standard normal distribution.
(Essay)
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As n increases,the width of the confidence interval will decrease,ceteris paribus.
(True/False)
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