Deck 8: Interval Estimation
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Deck 8: Interval Estimation
1
The z value for a 97.8% confidence interval estimation is
A) 2.02
B) 1.96
C) 2.00
D) 2.29
A) 2.02
B) 1.96
C) 2.00
D) 2.29
D
2
In developing an interval estimate, if the population standard deviation is unknown
A) it is impossible to develop an interval estimate
B) the standard deviation is arrived at using the range
C) the sample standard deviation can be used
D) it is assumed that the population standard deviation is 1
A) it is impossible to develop an interval estimate
B) the standard deviation is arrived at using the range
C) the sample standard deviation can be used
D) it is assumed that the population standard deviation is 1
C
3
An estimate of a population parameter that provides an interval of values believed to contain the value of the parameter is known as the
A) confidence level
B) interval estimate
C) parameter value
D) population estimate
A) confidence level
B) interval estimate
C) parameter value
D) population estimate
B
4
In interval estimation, the t distribution is applicable only when
A) the population has a mean of less than 30
B) the sample standard deviation is used to estimate the population standard deviation
C) the variance of the population is known
D) the standard deviation of the population is known
A) the population has a mean of less than 30
B) the sample standard deviation is used to estimate the population standard deviation
C) the variance of the population is known
D) the standard deviation of the population is known
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5
The value added and subtracted from a point estimate in order to develop an interval estimate of the population parameter is known as the
A) confidence level
B) margin of error
C) parameter estimate
D) interval estimate
A) confidence level
B) margin of error
C) parameter estimate
D) interval estimate
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6
For the interval estimation of μ when σ is known and the sample is large, the proper distribution to use is
A) the normal distribution
B) the t distribution with n degrees of freedom
C) the t distribution with n + 1 degrees of freedom
D) the t distribution with n + 2 degrees of freedom
A) the normal distribution
B) the t distribution with n degrees of freedom
C) the t distribution with n + 1 degrees of freedom
D) the t distribution with n + 2 degrees of freedom
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7
A sample of 200 elements from a population with a known standard deviation is selected. For an interval estimation of μ, the proper distribution to use is the
A) normal distribution
B) t distribution with 200 degrees of freedom
C) t distribution with 201 degrees of freedom
D) t distribution with 202 degrees of freedom
A) normal distribution
B) t distribution with 200 degrees of freedom
C) t distribution with 201 degrees of freedom
D) t distribution with 202 degrees of freedom
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8
A population has a standard deviation of 50. A random sample of 100 items from this population is selected. The sample mean is determined to be 600. At 95% confidence, the margin of error is
A) 5
B) 9.8
C) 650
D) 609.8
A) 5
B) 9.8
C) 650
D) 609.8
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9
Whenever the population standard deviation is unknown and the population has a normal or near-normal distribution, which distribution is used in developing an interval estimation?
A) standard distribution
B) z distribution
C) alpha distribution
D) t distribution
A) standard distribution
B) z distribution
C) alpha distribution
D) t distribution
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10
The absolute value of the difference between the point estimate and the population parameter it estimates is
A) the standard error
B) the sampling error
C) precision
D) the error of confidence
A) the standard error
B) the sampling error
C) precision
D) the error of confidence
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11
In order to use the normal distribution for interval estimation of μ when σ is known and the sample is very small, the population
A) must be very large
B) must have a normal distribution
C) can have any distribution
D) must have a mean of at least 1
A) must be very large
B) must have a normal distribution
C) can have any distribution
D) must have a mean of at least 1
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12
If we want to provide a 95% confidence interval for the mean of a population, the confidence coefficient is
A) 0.485
B) 1.96
C) 0.95
D) 1.645
A) 0.485
B) 1.96
C) 0.95
D) 1.645
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13
From a population that is not normally distributed and whose standard deviation is not known, a sample of 6 items is selected to develop an interval estimate for the mean of the population μ).
A) The normal distribution can be used.
B) The t distribution with 5 degrees of freedom must be used.
C) The t distribution with 6 degrees of freedom must be used.
D) The sample size must be increased.
A) The normal distribution can be used.
B) The t distribution with 5 degrees of freedom must be used.
C) The t distribution with 6 degrees of freedom must be used.
D) The sample size must be increased.
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14
If an interval estimate is said to be constructed at the 90% confidence level, the confidence coefficient would be
A) 0.1
B) 0.95
C) 0.9
D) 0.05
A) 0.1
B) 0.95
C) 0.9
D) 0.05
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15
The t value for a 95% confidence interval estimation with 24 degrees of freedom is
A) 1.711
B) 2.064
C) 2.492
D) 2.069
A) 1.711
B) 2.064
C) 2.492
D) 2.069
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16
As the number of degrees of freedom for a t distribution increases, the difference between the t distribution and the standard normal distribution
A) becomes larger
B) becomes smaller
C) stays the same
D) None of these alternatives is correct.
A) becomes larger
B) becomes smaller
C) stays the same
D) None of these alternatives is correct.
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17
From a population with a variance of 900, a sample of 225 items is selected. At 95% confidence, the margin of error is
A) 15
B) 2
C) 3.92
D) 4
A) 15
B) 2
C) 3.92
D) 4
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18
From a population that is normally distributed, a sample of 25 elements is selected and the standard deviation of the sample is computed. For the interval estimation of μ, the proper distribution to use is the
A) normal distribution
B) t distribution with 25 degrees of freedom
C) t distribution with 26 degrees of freedom
D) t distribution with 24 degrees of freedom
A) normal distribution
B) t distribution with 25 degrees of freedom
C) t distribution with 26 degrees of freedom
D) t distribution with 24 degrees of freedom
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19
When s is used to estimate σ, the margin of error is computed by using
A) normal distribution
B) t distribution
C) the mean of the sample
D) the mean of the population
A) normal distribution
B) t distribution
C) the mean of the sample
D) the mean of the population
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20
In order to determine an interval for the mean of a population with unknown standard deviation a sample of 61 items is selected. The mean of the sample is determined to be 23. The number of degrees of freedom for reading the t value is
A) 22
B) 23
C) 60
D) 61
A) 22
B) 23
C) 60
D) 61
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21
A random sample of 144 observations has a mean of 20, a median of 21, and a mode of 22. The population standard deviation is known to equal 4.8. The 95.44% confidence interval for the population mean is
A) 15.2 to 24.8
B) 19.200 to 20.800
C) 19.216 to 20.784
D) 21.2 to 22.8
A) 15.2 to 24.8
B) 19.200 to 20.800
C) 19.216 to 20.784
D) 21.2 to 22.8
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22
Whenever using the t distribution for interval estimation when the sample size is very small), we must assume that
A) the sample has a mean of at least 30
B) the sampling distribution is not normal
C) the population is approximately normal
D) the finite population correction factor is necessary
A) the sample has a mean of at least 30
B) the sampling distribution is not normal
C) the population is approximately normal
D) the finite population correction factor is necessary
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23
For which of the following values of P is the value of P1 - P) maximized?
A) P = 0.99
B) P = 0.90
C) P = 0.01
D) P = 0.50
A) P = 0.99
B) P = 0.90
C) P = 0.01
D) P = 0.50
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24
The sample size needed to provide a margin of error of 2 or less with a .95 probability when the population standard deviation equals 11 is
A) 10
B) 11
C) 116
D) 117
A) 10
B) 11
C) 116
D) 117
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25
A random sample of 64 students at a university showed an average age of 25 years and a sample standard deviation of 2 years. The 98% confidence interval for the true average age of all students in the university is
A) 20.5 to 26.5
B) 24.4 to 25.6
C) 23.0 to 27.0
D) 20.0 to 30.0
A) 20.5 to 26.5
B) 24.4 to 25.6
C) 23.0 to 27.0
D) 20.0 to 30.0
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26
A sample of 225 elements from a population with a standard deviation of 75 is selected. The sample mean is 180. The 95% confidence interval for μ is
A) 105.0 to 225.0
B) 175.0 to 185.0
C) 100.0 to 200.0
D) 170.2 to 189.8
A) 105.0 to 225.0
B) 175.0 to 185.0
C) 100.0 to 200.0
D) 170.2 to 189.8
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27
The ability of an interval estimate to contain the value of the population parameter is described by the
A) confidence level
B) degrees of freedom
C) precise value of the population mean μ
D) degrees of freedom minus 1
A) confidence level
B) degrees of freedom
C) precise value of the population mean μ
D) degrees of freedom minus 1
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28
In general, higher confidence levels provide
A) wider confidence intervals
B) narrower confidence intervals
C) a smaller standard error
D) unbiased estimates
A) wider confidence intervals
B) narrower confidence intervals
C) a smaller standard error
D) unbiased estimates
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29
A 95% confidence interval for a population mean is determined to be 100 to 120. If the confidence coefficient is reduced to 0.90, the interval for μ
A) becomes narrower
B) becomes wider
C) does not change
D) becomes 0.1
A) becomes narrower
B) becomes wider
C) does not change
D) becomes 0.1
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30
An interval estimate is a range of values used to estimate
A) the shape of the population's distribution
B) the sampling distribution
C) a sample statistic
D) a population parameter
A) the shape of the population's distribution
B) the sampling distribution
C) a sample statistic
D) a population parameter
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31
It is known that the population variance equals 484. With a 0.95 probability, the sample size that needs to be taken if the desired margin of error is 5 or less is
A) 25
B) 74
C) 189
D) 75
A) 25
B) 74
C) 189
D) 75
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32
A random sample of 49 statistics examinations was taken. The average score, in the sample, was 84 with a variance of 12.25. The 95% confidence interval for the average examination score of the population of the examinations is
A) 76.00 to 84.00
B) 77.40 to 86.60
C) 83.00 to 85.00
D) 68.00 to 100.00
A) 76.00 to 84.00
B) 77.40 to 86.60
C) 83.00 to 85.00
D) 68.00 to 100.00
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33
As the sample size increases, the margin of error
A) increases
B) decreases
C) stays the same
D) increases or decreases depending on the size of the mean
A) increases
B) decreases
C) stays the same
D) increases or decreases depending on the size of the mean
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34
It is known that the variance of a population equals 1,936. A random sample of 121 has been taken from the population. There is a .95 probability that the sample mean will provide a margin of error of
A) 7.84
B) 31.36
C) 344.96
D) 1,936
A) 7.84
B) 31.36
C) 344.96
D) 1,936
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35
In determining the sample size necessary to estimate a population proportion, which of the following information is not needed?
A) the maximum margin of error that can be tolerated
B) the confidence level required
C) a preliminary estimate of the true population proportion P
D) the mean of the population
A) the maximum margin of error that can be tolerated
B) the confidence level required
C) a preliminary estimate of the true population proportion P
D) the mean of the population
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36
A sample of 20 items from a population with an unknown σ is selected in order to develop an interval estimate of μ. Which of the following is not necessary?
A) We must assume the population has a normal distribution.
B) We must use a t distribution.
C) Sample standard deviation must be used to estimate σ.
D) The sample must have a normal distribution.
A) We must assume the population has a normal distribution.
B) We must use a t distribution.
C) Sample standard deviation must be used to estimate σ.
D) The sample must have a normal distribution.
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37
If we change a 95% confidence interval estimate to a 99% confidence interval estimate, we can expect
A) the size of the confidence interval to increase
B) the size of the confidence interval to decrease
C) the size of the confidence interval to remain the same
D) the sample size to increase
A) the size of the confidence interval to increase
B) the size of the confidence interval to decrease
C) the size of the confidence interval to remain the same
D) the sample size to increase
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38
Using an α = 0.04 a confidence interval for a population proportion is determined to be 0.65 to 0.75. If the level of significance is decreased, the interval for the population proportion
A) becomes narrower
B) becomes wider
C) does not change
D) remains the same
A) becomes narrower
B) becomes wider
C) does not change
D) remains the same
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39
After computing a confidence interval, the user believes the results are meaningless because the width of the interval is too large. Which one of the following is the best recommendation?
A) Increase the level of confidence for the interval.
B) Decrease the sample size.
C) Increase the sample size.
D) Reduce the population variance.
A) Increase the level of confidence for the interval.
B) Decrease the sample size.
C) Increase the sample size.
D) Reduce the population variance.
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40
When the level of confidence decreases, the margin of error
A) stays the same
B) becomes smaller
C) becomes larger
D) becomes smaller or larger, depending on the sample size
A) stays the same
B) becomes smaller
C) becomes larger
D) becomes smaller or larger, depending on the sample size
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41
Exhibit 8-2
A random sample of 121 automobiles traveling on an interstate showed an average speed of 65 mph. From past information, it is known that the standard deviation of the population is 22 mph.
Refer to Exhibit 8-2. If the confidence coefficient is reduced to 0.9, the standard error of the mean
A) will increase
B) will decrease
C) remains unchanged
D) becomes negative
A random sample of 121 automobiles traveling on an interstate showed an average speed of 65 mph. From past information, it is known that the standard deviation of the population is 22 mph.
Refer to Exhibit 8-2. If the confidence coefficient is reduced to 0.9, the standard error of the mean
A) will increase
B) will decrease
C) remains unchanged
D) becomes negative
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42
Exhibit 8-2
A random sample of 121 automobiles traveling on an interstate showed an average speed of 65 mph. From past information, it is known that the standard deviation of the population is 22 mph.
Refer to Exhibit 8-2. The 96.6% confidence interval for μ is
A) 63.00 to 67.00
B) 60.76 to 69.24
C) 61.08 to 68.92
D) 60.00 to 80.00
A random sample of 121 automobiles traveling on an interstate showed an average speed of 65 mph. From past information, it is known that the standard deviation of the population is 22 mph.
Refer to Exhibit 8-2. The 96.6% confidence interval for μ is
A) 63.00 to 67.00
B) 60.76 to 69.24
C) 61.08 to 68.92
D) 60.00 to 80.00
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43
The following random sample from a population whose values were normally distributed was collected. 10 12 18 16 The 80% confidence interval for μ is
A) 12.054 to 15.946
B) 10.108 to 17.892
C) 10.321 to 17.679
D) 11.009 to 16.991
A) 12.054 to 15.946
B) 10.108 to 17.892
C) 10.321 to 17.679
D) 11.009 to 16.991
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44
As the number of degrees of freedom for a t distribution increases, the difference between the t distribution and the standard normal distribution
A) becomes larger
B) becomes smaller
C) stays the same
D) becomes negative
A) becomes larger
B) becomes smaller
C) stays the same
D) becomes negative
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45
The following random sample from a population whose values were normally distributed was collected. 10 8 11 11 The 95% confidence interval for μ is
A) 8.52 to 10.98
B) 7.75 to 12.25
C) 9.75 to 10.75
D) 8.00 to 10.00
A) 8.52 to 10.98
B) 7.75 to 12.25
C) 9.75 to 10.75
D) 8.00 to 10.00
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46
Exhibit 8-1
In order to estimate the average time spent on the computer terminals per student at a local university, data were collected for a sample of 81 business students over a one-week period. Assume the population standard deviation is
1.8 hours.
Refer to Exhibit 8-1. With a 0.95 probability, the margin of error is approximately
A) 0.39
B) 1.96
C) 0.20
D) 1.64
In order to estimate the average time spent on the computer terminals per student at a local university, data were collected for a sample of 81 business students over a one-week period. Assume the population standard deviation is
1.8 hours.
Refer to Exhibit 8-1. With a 0.95 probability, the margin of error is approximately
A) 0.39
B) 1.96
C) 0.20
D) 1.64
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47
Exhibit 8-2
A random sample of 121 automobiles traveling on an interstate showed an average speed of 65 mph. From past information, it is known that the standard deviation of the population is 22 mph.
Refer to Exhibit 8-2. If we are interested in determining an interval estimate for μ at 96.6% confidence, the Z value to use is
A) 1.96
B) 0.483
C) 2.12
D) 1.645
A random sample of 121 automobiles traveling on an interstate showed an average speed of 65 mph. From past information, it is known that the standard deviation of the population is 22 mph.
Refer to Exhibit 8-2. If we are interested in determining an interval estimate for μ at 96.6% confidence, the Z value to use is
A) 1.96
B) 0.483
C) 2.12
D) 1.645
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48
When constructing a confidence interval for the population mean and the standard deviation of the sample is used, the degrees of freedom for the t distribution equals
A) n-1
B) n
C) 29
D) 30
A) n-1
B) n
C) 29
D) 30
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49
Which of the following best describes the form of the sampling distribution of the sample proportion?
A) When standardized, it is exactly the standard normal distribution.
B) When standardized, it is the t distribution.
C) It is approximately normal as long as n ≥ 30.
D) It is approximately normal as long as np ≥ 5 and n1p) ≥ 5.
A) When standardized, it is exactly the standard normal distribution.
B) When standardized, it is the t distribution.
C) It is approximately normal as long as n ≥ 30.
D) It is approximately normal as long as np ≥ 5 and n1p) ≥ 5.
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50
A machine that produces a major part for an airplane engine is monitored closely. In the past, 10% of the parts produced would be defective. With a .95 probability, the sample size that needs to be taken if the desired margin of error is .04 or less is
A) 110
B) 111
C) 216
D) 217
A) 110
B) 111
C) 216
D) 217
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51
In a sample of 400 voters, 360 indicated they favor the incumbent governor. The 95% confidence interval of voters not favoring the incumbent is
A) 0.871 to 0.929
B) 0.120 to 0.280
C) 0.765 to 0.835
D) 0.071 to 0.129
A) 0.871 to 0.929
B) 0.120 to 0.280
C) 0.765 to 0.835
D) 0.071 to 0.129
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52
A random sample of 1000 people was taken. Four hundred fifty of the people in the sample favored Candidate A. The 95% confidence interval for the true proportion of people who favors Candidate A is
A) 0.419 to 0.481
B) 0.40 to 0.50
C) 0.45 to 0.55
D) 1.645 to 1.96
A) 0.419 to 0.481
B) 0.40 to 0.50
C) 0.45 to 0.55
D) 1.645 to 1.96
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53
Exhibit 8-2
A random sample of 121 automobiles traveling on an interstate showed an average speed of 65 mph. From past information, it is known that the standard deviation of the population is 22 mph.
Refer to Exhibit 8-2. If the sample size was 100 other factors remain unchanged), the interval for μ would
A) not change
B) become narrower
C) become wider
D) become zero
A random sample of 121 automobiles traveling on an interstate showed an average speed of 65 mph. From past information, it is known that the standard deviation of the population is 22 mph.
Refer to Exhibit 8-2. If the sample size was 100 other factors remain unchanged), the interval for μ would
A) not change
B) become narrower
C) become wider
D) become zero
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54
Exhibit 8-2
A random sample of 121 automobiles traveling on an interstate showed an average speed of 65 mph. From past information, it is known that the standard deviation of the population is 22 mph.
Refer to Exhibit 8-2. The standard error of the mean is
A) 22.00
B) 96.60
C) 4.24
D) 2.00
A random sample of 121 automobiles traveling on an interstate showed an average speed of 65 mph. From past information, it is known that the standard deviation of the population is 22 mph.
Refer to Exhibit 8-2. The standard error of the mean is
A) 22.00
B) 96.60
C) 4.24
D) 2.00
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55
We are interested in conducting a study in order to determine what percentage of voters of a state would vote for the incumbent governor. What is the minimum size sample needed to estimate the population proportion with a margin of error of 0.05 or less at 95% confidence?
A) 200
B) 100
C) 58
D) 385
A) 200
B) 100
C) 58
D) 385
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56
Exhibit 8-1
In order to estimate the average time spent on the computer terminals per student at a local university, data were collected for a sample of 81 business students over a one-week period. Assume the population standard deviation is
1.8 hours.
Refer to Exhibit 8-1. The standard error of the mean is
A) 7.50
B) 0.39
C) 2.00
D) 0.20
In order to estimate the average time spent on the computer terminals per student at a local university, data were collected for a sample of 81 business students over a one-week period. Assume the population standard deviation is
1.8 hours.
Refer to Exhibit 8-1. The standard error of the mean is
A) 7.50
B) 0.39
C) 2.00
D) 0.20
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57
In a random sample of 144 observations, = 0.6. The 95% confidence interval for P is
A) 0.52 to 0.68
B) 0.144 to 0.200
C) 0.60 to 0.70
D) 0.50 to 0.70
A) 0.52 to 0.68
B) 0.144 to 0.200
C) 0.60 to 0.70
D) 0.50 to 0.70
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58
In a random sample of 100 observations, = 0.2. The 95.44% confidence interval for P is
A) 0.122 to 0.278
B) 0.164 to 0.236
C) 0.134 to 0.266
D) 0.120 to 0.280
A) 0.122 to 0.278
B) 0.164 to 0.236
C) 0.134 to 0.266
D) 0.120 to 0.280
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59
In order to estimate the average time spent on the computer terminals per student, data were collected for a sample of 49 business students over a one week period. Assume the population standard deviation is 1.4 hours. The standard error of the mean is
A) 0.20
B) 0.30
C) 5
D) 7
A) 0.20
B) 0.30
C) 5
D) 7
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60
Exhibit 8-1
In order to estimate the average time spent on the computer terminals per student at a local university, data were collected for a sample of 81 business students over a one-week period. Assume the population standard deviation is
1.8 hours.
Refer to Exhibit 8-1. If the sample mean is 9 hours, then the 95% confidence interval is
A) 7.04 to 110.96 hours
B) 7.36 to 10.64 hours
C) 7.80 to 10.20 hours
D) 8.61 to 9.39 hours
In order to estimate the average time spent on the computer terminals per student at a local university, data were collected for a sample of 81 business students over a one-week period. Assume the population standard deviation is
1.8 hours.
Refer to Exhibit 8-1. If the sample mean is 9 hours, then the 95% confidence interval is
A) 7.04 to 110.96 hours
B) 7.36 to 10.64 hours
C) 7.80 to 10.20 hours
D) 8.61 to 9.39 hours
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61
Choo Choo Paper Company produces papers of various thickness. A random sample of 256 cuts had a mean thickness of 30.3 mils with a standard deviation of 4 mils. Develop a 95% confidence interval for the mean thickness of the population.
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62
Many people who bought X-Game gaming systems over the holidays have complained that the systems they purchased were defective. In a sample of 1200 units sold, 18 units were defective.
a. Determine a 95% confidence interval for the percentage of defective systems.
b. If 1.5 million X-Games were sold over the holidays, determine an interval for the number of defectives in sales.
a. Determine a 95% confidence interval for the percentage of defective systems.
b. If 1.5 million X-Games were sold over the holidays, determine an interval for the number of defectives in sales.
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63
Exhibit 8-6
A sample of 75 information system managers had an average hourly income of $40.75 with a standard deviation of
$7.00.
Refer to Exhibit 8-6. If we want to determine a 95% confidence interval for the average hourly income, the value of "t" statistics is
A) 1.96
B) 1.64
C) 1.28
D) 1.993
A sample of 75 information system managers had an average hourly income of $40.75 with a standard deviation of
$7.00.
Refer to Exhibit 8-6. If we want to determine a 95% confidence interval for the average hourly income, the value of "t" statistics is
A) 1.96
B) 1.64
C) 1.28
D) 1.993
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64
The average monthly electric bill of a random sample of 256 residents of a city is $90 with a standard deviation of
$24.
a. Construct a 90% confidence interval for the mean monthly electric bills of all residents.
b. Construct a 95% confidence interval for the mean monthly electric bills of all residents.
$24.
a. Construct a 90% confidence interval for the mean monthly electric bills of all residents.
b. Construct a 95% confidence interval for the mean monthly electric bills of all residents.
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65
Exhibit 8-3
The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took these 100 customers to check out was 3.0 minutes. It is known that the standard deviation of the population of checkout times is one minute.
Refer to Exhibit 8-3. The standard error of the mean equals
A) 0.001
B) 0.010
C) 0.100
D) 1.000
The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took these 100 customers to check out was 3.0 minutes. It is known that the standard deviation of the population of checkout times is one minute.
Refer to Exhibit 8-3. The standard error of the mean equals
A) 0.001
B) 0.010
C) 0.100
D) 1.000
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66
Exhibit 8-4
In order to estimate the average electric usage per month, a sample of 81 houses was selected, and the electric usage was determined. Assume a population standard deviation of 450-kilowatt hours.
Refer to Exhibit 8-4. The standard error of the mean is
A) 450
B) 81
C) 500
D) 50
In order to estimate the average electric usage per month, a sample of 81 houses was selected, and the electric usage was determined. Assume a population standard deviation of 450-kilowatt hours.
Refer to Exhibit 8-4. The standard error of the mean is
A) 450
B) 81
C) 500
D) 50
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67
A random sample of 81 credit sales in a department store showed an average sale of $68.00. From past data, it is known that the standard deviation of the population is $27.00.
a. Determine the standard error of the mean.
b. With a 0.95 probability, what can be said about the size of the margin of error?
c. What is the 95% confidence interval of the population mean?
a. Determine the standard error of the mean.
b. With a 0.95 probability, what can be said about the size of the margin of error?
c. What is the 95% confidence interval of the population mean?
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68
Exhibit 8-4
In order to estimate the average electric usage per month, a sample of 81 houses was selected, and the electric usage was determined. Assume a population standard deviation of 450-kilowatt hours.
Refer to Exhibit 8-4. At 95% confidence, the size of the margin of error is
A) 1.96
B) 50
C) 98
D) 42
In order to estimate the average electric usage per month, a sample of 81 houses was selected, and the electric usage was determined. Assume a population standard deviation of 450-kilowatt hours.
Refer to Exhibit 8-4. At 95% confidence, the size of the margin of error is
A) 1.96
B) 50
C) 98
D) 42
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69
A random sample of 87 airline pilots had an average yearly income of $99,400 with a standard deviation of $12,000.
a. If we want to determine a 95% confidence interval for the average yearly income, what is the value of t?
b. Develop a 95% confidence interval for the average yearly income of all pilots.
a. If we want to determine a 95% confidence interval for the average yearly income, what is the value of t?
b. Develop a 95% confidence interval for the average yearly income of all pilots.
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70
Exhibit 8-5
A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240.
Refer to Exhibit 8-5. The 95% confidence interval for the SAT scores is
A) 1340.05 to 1459.95
B) 1400 to 1459.95
C) 1340.05 to 1400
D) 1400 to 1600
A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240.
Refer to Exhibit 8-5. The 95% confidence interval for the SAT scores is
A) 1340.05 to 1459.95
B) 1400 to 1459.95
C) 1340.05 to 1400
D) 1400 to 1600
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71
Exhibit 8-6
A sample of 75 information system managers had an average hourly income of $40.75 with a standard deviation of
$7.00.
Refer to Exhibit 8-6. The value of the margin of error at 95% confidence is
A) 80.83
B) 7
C) 0.8083
D) 1.611
A sample of 75 information system managers had an average hourly income of $40.75 with a standard deviation of
$7.00.
Refer to Exhibit 8-6. The value of the margin of error at 95% confidence is
A) 80.83
B) 7
C) 0.8083
D) 1.611
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72
You are given the following information obtained from a sample of 5 observations taken from a population that has a normal distribution.
94 72 93 54 77
Develop a 98% confidence interval estimate for the mean of the population.
94 72 93 54 77
Develop a 98% confidence interval estimate for the mean of the population.
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73
Exhibit 8-6
A sample of 75 information system managers had an average hourly income of $40.75 with a standard deviation of
$7.00.
Refer to Exhibit 8-6. The 95% confidence interval for the average hourly wage of all information system managers is
A) 40.75 to 42.36
B) 39.14 to 40.75
C) 39.14 to 42.36
D) 30 to 50
A sample of 75 information system managers had an average hourly income of $40.75 with a standard deviation of
$7.00.
Refer to Exhibit 8-6. The 95% confidence interval for the average hourly wage of all information system managers is
A) 40.75 to 42.36
B) 39.14 to 40.75
C) 39.14 to 42.36
D) 30 to 50
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74
Exhibit 8-3
The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took these 100 customers to check out was 3.0 minutes. It is known that the standard deviation of the population of checkout times is one minute.
Refer to Exhibit 8-3. With a .95 probability, the sample mean will provide a margin of error of
A) 1.96
B) 0.10
C) 0.196
D) 1.64
The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took these 100 customers to check out was 3.0 minutes. It is known that the standard deviation of the population of checkout times is one minute.
Refer to Exhibit 8-3. With a .95 probability, the sample mean will provide a margin of error of
A) 1.96
B) 0.10
C) 0.196
D) 1.64
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75
Exhibit 8-5
A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240.
Refer to Exhibit 8-5. The margin of error at 95% confidence is
A) 1.998
B) 1400
C) 240
D) 59.95
A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240.
Refer to Exhibit 8-5. The margin of error at 95% confidence is
A) 1.998
B) 1400
C) 240
D) 59.95
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76
Exhibit 8-5
A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240.
Refer to Exhibit 8-5. The "t" value for this interval estimation is
A) 1.96
B) 1.998
C) 1.64
D) 1.28
A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240.
Refer to Exhibit 8-5. The "t" value for this interval estimation is
A) 1.96
B) 1.998
C) 1.64
D) 1.28
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77
Exhibit 8-6
A sample of 75 information system managers had an average hourly income of $40.75 with a standard deviation of
$7.00.
Refer to Exhibit 8-6. The standard error of the mean is
A) 80.83
B) 7
C) 0.8083
D) 1.611
A sample of 75 information system managers had an average hourly income of $40.75 with a standard deviation of
$7.00.
Refer to Exhibit 8-6. The standard error of the mean is
A) 80.83
B) 7
C) 0.8083
D) 1.611
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78
Exhibit 8-4
In order to estimate the average electric usage per month, a sample of 81 houses was selected, and the electric usage was determined. Assume a population standard deviation of 450-kilowatt hours.
Refer to Exhibit 8-4. If the sample mean is 1,858 KWH, the 95% confidence interval estimate of the population mean is
A) 1,760 to 1,956 KWH
B) 1,858 to 1,956 KWH
C) 1,760 to 1,858 KWH
D) none of these alternatives is correct
In order to estimate the average electric usage per month, a sample of 81 houses was selected, and the electric usage was determined. Assume a population standard deviation of 450-kilowatt hours.
Refer to Exhibit 8-4. If the sample mean is 1,858 KWH, the 95% confidence interval estimate of the population mean is
A) 1,760 to 1,956 KWH
B) 1,858 to 1,956 KWH
C) 1,760 to 1,858 KWH
D) none of these alternatives is correct
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79
Exhibit 8-5
A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240.
Refer to Exhibit 8-5. If we want to provide a 95% confidence interval for the SAT scores, the degrees of freedom for reading the critical values of "t" statistic is
A) 60
B) 61
C) 62
D) 63
A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240.
Refer to Exhibit 8-5. If we want to provide a 95% confidence interval for the SAT scores, the degrees of freedom for reading the critical values of "t" statistic is
A) 60
B) 61
C) 62
D) 63
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80
Exhibit 8-3
The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took these 100 customers to check out was 3.0 minutes. It is known that the standard deviation of the population of checkout times is one minute.
Refer to Exhibit 8-3. The 95% confidence interval for the true average checkout time in minutes) is
A) 3:00 to 5:00
B) 1.36 to 4.64
C) 1.00 to 5.00
D) 2.804 to 3.196
The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took these 100 customers to check out was 3.0 minutes. It is known that the standard deviation of the population of checkout times is one minute.
Refer to Exhibit 8-3. The 95% confidence interval for the true average checkout time in minutes) is
A) 3:00 to 5:00
B) 1.36 to 4.64
C) 1.00 to 5.00
D) 2.804 to 3.196
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