Services
Discover
Ask a Question
Log in
Sign up
Filters
Done
Question type:
Essay
Multiple Choice
Short Answer
True False
Matching
Topic
Statistics
Study Set
Business statistics Study Set 3
Exam 11: Estimation: Describing a Single Population
Path 4
Access For Free
Share
All types
Filters
Study Flashcards
Practice Exam
Learn
Question 1
True/False
A confidence interval becomes narrower as the sample size increases, for the same percentage of confidence.
Question 2
Essay
Suppose that the amount of time teenagers spend on the Internet is normally distributed, with a standard deviation of 1.5 hours. A sample of 100 teenagers is selected at random, and the sample mean is computed as 6.5 hours. Determine the 95% confidence interval estimate of the population mean, changing the sample mean to 5.0 hours.
Question 3
Essay
The nighttime temperature readings for 20 winter days in Sydney are normally distributed with a mean of 5.5ºC and a population standard deviation of 1.5ºC. Determine the 90% confidence interval estimate for the mean winter nighttime temperature.
Question 4
True/False
The sample proportion
p
^
\hat { p }
p
^
is a consistent estimator of the population proportion p because it is unbiased and the variance of
p
^
\hat { p }
p
^
is p(1 - p)/n, which grows smaller as n grows larger.
Question 5
True/False
If there are two unbiased estimators of a parameter, the one whose variance is smaller is said to be relatively efficient.
Question 6
True/False
You need four values to construct the confidence interval estimate of
μ
\mu
μ
. These are the sample mean, sample size, population standard deviation and confidence level.
Question 7
True/False
Recall the rule of thumb used to indicate when the normal distribution is a good approximation to the sampling distribution for the sample proportion
p
^
\hat { p }
p
^
. For the combination n = 50; p = 0.05, the rule is satisfied.
Question 8
Multiple Choice
A sample of 250 observations is to be selected at random from an infinite population. Given that the population proportion is 0.25, the standard error of the sampling distribution of the sample proportion is: