Exam 9: Confidence Intervals
Exam 1: An Introduction to Business Statistics and Analytics98 Questions
Exam 2: Descriptive Statistics and Analytics: Tabular and Graphical Methods120 Questions
Exam 3: Descriptive Statistics and Analytics: Numerical Methods145 Questions
Exam 4: Probability and Probability Models150 Questions
Exam 5: Predictive Analytics I: Trees, K-Nearest Neighbors, Naive Bayes,101 Questions
Exam 6: Discrete Random Variables150 Questions
Exam 7: Continuous Random Variables150 Questions
Exam 8: Sampling Distributions111 Questions
Exam 9: Confidence Intervals149 Questions
Exam 10: Hypothesis Testing150 Questions
Exam 11: Statistical Inferences Based on Two Samples140 Questions
Exam 12: Experimental Design and Analysis of Variance132 Questions
Exam 13: Chi-Square Tests120 Questions
Exam 14: Simple Linear Regression Analysis147 Questions
Exam 15: Multiple Regression and Model Building85 Questions
Exam 16: Predictive Analytics Ii: Logistic Regression, Discriminate Analysis,101 Questions
Exam 17: Time Series Forecasting and Index Numbers161 Questions
Exam 18: Nonparametric Methods103 Questions
Exam 19: Decision Theory90 Questions
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The coffee and soup machine at the local subway station is supposed to fill cups with 6 ounces of soup. Ten cups of soup are bought with results of a mean of 5.93 ounces and a standard deviation of .13 ounces. How large a sample of soups would we need to be 95 percent confident that the sample mean is within .03 ounces of the population mean?
(Multiple Choice)
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When the population is normally distributed and the population standard deviation σ is unknown, then for any sample size n, the sampling distribution of
is based on the z distribution.
(True/False)
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A sample of 100 items has a population standard deviation of 5.1 and a mean of 21.6. Construct a 95 percent confidence interval for μ.
(Multiple Choice)
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Researchers have studied the role that the age of workers has in determining the hours per month spent on personal tasks. A sample of 1,686 adults were observed for one month. The data follow.
Construct a 98 percent confidence interval for the mean hours spent on personal tasks for 25- to 44-year-olds.
(Multiple Choice)
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What sample size is needed to obtain a 90 percent confidence interval for the mean protein content of meat if the estimate is to be within 2 pounds of the true mean value? Assume that the variance is 49 pounds.
(Multiple Choice)
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A computer manufacturing company has sent a mail survey to 2,800 of its randomly selected customers that have purchased a new laptop. The survey asked the customers whether or not they were satisfied with the computer. Eight hundred customers responded to the survey: 640 customers indicated that they were satisfied, while 160 customers indicated they were not satisfied with their new computer. Construct a 96 percent confidence interval estimate of the true proportion of customers satisfied with their new computer.
(Multiple Choice)
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If everything else is held constant, decreasing the margin of error causes the required sample size to ________.
(Multiple Choice)
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First, a 90 percent confidence interval is constructed from a sample size of 100. Then, for the same identical data, a 92 percent confidence interval is constructed. The width of the 90 percent interval is wider than the 92 percent confidence interval.
(True/False)
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When solving for the sample size needed to compute a 95 percent confidence interval for a population proportion, p, having a given error bound, E, we choose a value of
that makes
(1 −
) as small as reasonably possible.
(True/False)
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As the standard deviation (σ) decreases, the width of the confidence interval ________.
(Multiple Choice)
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The U.S. Department of Health and Human Services collected sample data for 772 males between the ages of 18 and 24. That sample group has a mean height of 69.7 inches with a standard deviation of 2.8 inches. Find the 99 percent confidence interval for the mean height of all males between the ages of 18 and 24.
(Multiple Choice)
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The quantity
in the confidence intervals for μ and τ is called the finite population correction and is always less than 1.
(True/False)
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If the 95 percent confidence interval for a mean is from .771 to 1.629, can we conclude that it is possible that μ = .5, using that 95 percent confidence interval?
(Multiple Choice)
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Unoccupied seats on flights cause airlines to lose revenue. Suppose a large airline wants to estimate its average number of unoccupied seats per flight over the past year. Two hundred and twenty-five flight records are randomly selected, and the number of unoccupied seats is noted, with a sample mean of 11.6 seats and a standard deviation of 4.1 seats. How many flights should we select if we wish to estimate μ to within 2 seats and be 95 percent confident?
(Multiple Choice)
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There is little difference between the values of tα/2 and zα/2 when
(Multiple Choice)
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Health insurers and the federal government are both putting pressure on hospitals to shorten the average length of stay (LOS) of their patients. In 2003, the average LOS for non-heart patients was 4.6 days. A random sample of 20 hospitals in one state had a mean LOS for non-heart patients in 2008 of 3.8 days and a standard deviation of 1.2 days and is normally distributed. How large a sample of hospitals would we need to be 99 percent confident that the sample mean is within .5 days of the population mean?
(Multiple Choice)
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When the level of confidence and sample proportion,
, remain the same, a confidence interval for a population proportion, p, based on a sample of n = 100 will be wider than a confidence interval for p based on a sample of n = 400.
(True/False)
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What is a 95 percent confidence interval for μ when n = 10,
= 35.6, and s = 13.0? Assume population normality.
(Multiple Choice)
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