Confidence Intervals
50 questions available
Questions
In inferential statistics, what is the term for a single number computed from a sample that is used to estimate a population parameter?
View answer and explanationWhat is the primary purpose of a confidence interval in statistics?
View answer and explanationA random sample of 36 scores from a standardized exam is taken. The sample mean is 68, and the population standard deviation is known to be 3. What is the 90 percent confidence interval for the true population mean exam score?
View answer and explanationHow does increasing the confidence level from 90 percent to 99 percent affect the width of a confidence interval, assuming the sample size and standard deviation remain constant?
View answer and explanationWhat is the primary reason for using the Student's t-distribution instead of the normal distribution when calculating a confidence interval?
View answer and explanationA study of hypnotherapy measures the hours of sleep for 12 subjects. The sample mean is 8.9 hours and the sample standard deviation is 1.4 hours. Construct a 95 percent confidence interval for the mean number of hours slept.
View answer and explanationIn a survey of 500 accounts, a financial officer finds that 300 are more than 30 days overdue. What is the point estimate for the true proportion of accounts receivable that are more than 30 days overdue?
View answer and explanationWhat conditions must be met to use the normal distribution to approximate the binomial distribution when creating a confidence interval for a population proportion?
View answer and explanationA poll of 600 students finds that 480 are against new school uniform legislation. What is the 90 percent confidence interval for the true proportion of students who are against the legislation?
View answer and explanationWhen calculating the required sample size for a population proportion, if no prior information about the sample proportion (p') is available, what values are typically used for p' and q' to ensure a sufficiently large sample size?
View answer and explanationA researcher wants to estimate the mean weight of newborn elephants. If the population standard deviation is known to be 15 pounds, how many newborn elephants must be weighed to be 95 percent confident that the sample mean is within 4 pounds of the population mean?
View answer and explanationWhat is the relationship between the Student's t-distribution and the standard normal distribution?
View answer and explanationThe 'Error Bound for a Population Proportion' (EBP) depends on all of the following EXCEPT:
View answer and explanationA sample of 80 students is surveyed, and the average amount spent on a spring break trip is 593.84 dollars, with a sample standard deviation of 369.34 dollars. What is the 92 percent confidence interval for the population mean?
View answer and explanationWhat does a 95 percent confidence level imply?
View answer and explanationFor a confidence interval based on the Student's t-distribution, the degrees of freedom are calculated as:
View answer and explanationHow will the confidence interval for a population mean change if the sample size is decreased from 100 to 25, keeping all other factors constant?
View answer and explanationIn a sample of 300 students, 68 percent said they own an iPod and a smartphone. Compute a 97 percent confidence interval for the true percent of students who own both devices.
View answer and explanationThe term (1 - alpha) represents the:
View answer and explanationWhat is the formula for the sample size needed to estimate a population proportion to within a certain margin of error (e) and confidence level?
View answer and explanationA confidence interval is constructed for a population mean, and its range is (50, 70). What is the point estimate of the mean?
View answer and explanationWhich of the following is NOT a property of the Student's t-distribution?
View answer and explanationA poll for a presidential candidate shows they have 40 percent of the vote. The confidence interval is calculated with a margin of error of 3 percentage points. What is the confidence interval?
View answer and explanationA confidence interval for a population mean is (67.02, 68.98). What is the error bound for the mean (EBM)?
View answer and explanationA mobile phone company wants to determine the percentage of customers who will upgrade. How many customers should be surveyed to be 90 percent confident that the estimated proportion is within three percentage points of the true population proportion?
View answer and explanationWhich distribution is used to calculate a confidence interval for a single population proportion, provided the sample size is large enough?
View answer and explanationThe statement 'We are 95 percent confident that the true population mean is between 1.8 and 2.2' means that:
View answer and explanationIn the formula for a confidence interval for a mean when sigma is unknown, mu ± t * (s/sqrt(n)), what does the 't' value depend on?
View answer and explanationA sample of 25 chairs has an average cost of 100 dollars and a sample standard deviation of 50 dollars. What is the 92 percent confidence interval for the population mean cost?
View answer and explanationWhy must the analyst's desired level of confidence be pre-set and not subject to revision as a result of the calculations?
View answer and explanationThe general form of a confidence interval for a single population mean, when the population standard deviation is known, is given by:
View answer and explanationIf a confidence interval is calculated to be (10, 30), what is the error bound (EBM)?
View answer and explanationIn a survey of 250 people, 98 reported owning a tablet. The 95 percent confidence interval for the true proportion of people who own tablets is approximately:
View answer and explanationWhat is alpha (α) if the confidence level (CL) is 98 percent?
View answer and explanationAn internet marketing company wants to be 90 percent confident that their estimated proportion of customers who click on ads is within five percentage points of the true proportion. What is the minimum sample size required?
View answer and explanationA confidence interval for the population proportion of dogs that compete in professional events is (0.08, 0.16). What is the sample proportion (p')?
View answer and explanationThe use of the Student's t-distribution for confidence intervals assumes that the underlying population of individual observations is:
View answer and explanationIf a 95 percent confidence interval for a population mean is (142.92, 159.08), what does this signify?
View answer and explanationWhich of the following would produce the narrowest confidence interval for a population mean?
View answer and explanationWho is credited with discovering the Student's t-distribution while working at the Guinness brewery?
View answer and explanationThe sample mean is 36 minutes, the population standard deviation is 6 minutes, and the sample size is 28. What is the Error Bound for the Mean (EBM) for a 90 percent confidence interval?
View answer and explanationA confidence interval is a random variable because:
View answer and explanationIn a study of 10 industrial stocks, the average EPS was 1.85 with a sample standard deviation of 0.395. What is the 99 percent confidence interval for the average EPS?
View answer and explanationA market research firm surveys 500 adults and finds 421 own a smartphone. This gives a sample proportion of 0.842. What is q' for this sample?
View answer and explanationIn the formula for calculating sample size for a mean, n = (Z_alpha^2 * sigma^2) / e^2, what does 'e' represent?
View answer and explanationA 95 percent confidence interval for the true mean number of colors on national flags is (2.93, 3.59). What is the most accurate interpretation of this interval?
View answer and explanationTo achieve a narrower confidence interval without changing the confidence level, what action should be taken?
View answer and explanationFor a confidence interval for a proportion, what is the point estimate for p, the true population proportion?
View answer and explanationIf you calculate a 90 percent confidence interval and a 95 percent confidence interval from the same data, which statement will be true?
View answer and explanationWhat is the primary trade-off when choosing a confidence level for an interval estimate?
View answer and explanation