In order to estimate the average time spent on the computer terminals per student at a local university, data were collected from a sample of 81 business students over a one-week period. Assume the population standard deviation is 1.2 hours. If the sample mean is 9 hours, then the 95% confidence interval is approximately
a. The 95% interval because it is a less accurate interval. The 95% interval because it is a less accurate interval.
b. The 99% interval because it is a more useful interval.
c. The 95% interval since, in order to decrease the confidence from the 99% to 95%, the margin of error should increase so that the intervals constructed using sampling will capture the true mean more often.
d. The 99% interval since, in order to increase the confidence from the 95% to 99%, the margin of error should increase so that the intervals constructed using sampling will capture the true mean more often.
In order to estimate the average time spent on the computer terminals per student at a...
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. Answer questions 7 - 9. 7. What is the standard error of the mean? a. 7.50 b . 0.39 c. 2.00 d. 0.20 8. With a 0.95 probability, the margin of error is approximately a. 0.39 b 1.96 c. 0.20...
Interpret the meaning of "The 95% confidence interval for true mean forced vital capacity (FVC) is 4.56 +/or- 0.35." Choose one. a. The true population mean forced vital capacity (FVC) is between 4.21 and 4.91 b. We are 95% confident that the true population mean forced vital capacity (FVC) is between 4.21 and 4.91. in the long run, a confidence interval constructed this way will capture the true value of mean 95% of the time c. In the long run,...
A 99% confidence interval is constructed in order to estimate the average exam score for a population of college algebra students. The interval ends up between from 75.42 to 86.58. Which of the following could be a 95% confidence interval for the same data? 1.80.21 to 90.79 II. 73.67 to 88.33 III. 76.75 to 85.25 O Tonly O None of the given intervals are reasonable 95% confidence intervals. ll only lll only
Let's say we have constructed a 95% confidence interval estimate for a population mean. Which of the following statements would be correct? A. We expect that 95% of the intervals so constructed would contain the true population mean. B. We are 95% sure that the true population mean lies either within the constructed interval or outside the constructed interval. C. Taking 100 samples of the same size, and constructing a new confidence interval from each sample, would yield five intervals...
The technology committee at a college has stated that the average time spent by students per lab visit has increased, and the increase supports the need for increased lab fees. To substantiate this claim, the committee randomly samples 12 student lab visits and notes the amount of time spent using the computer. The times are given in the accompanying table. Time(min) 55,57,54,55,60,66,57,50,141,78,5,65 The previous mean amount of time spent using the lab computer was 55 minutes. Find a 95% confidence...
Efficient manufacturing: Efficiency experts study the processes used to manufacture items i order to make them as efficient as possible. One of the steps used to manufacture a metal clamp involves the drilling of three holes. In a sample of 55 clamps, the mean time to complete this step was 50.0 seconds. Assume that the population standard deviation is o = 8 seconds. Part 1 Construct a 99% confidence interval for the mean time needed to complete this step. Round...
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What does it mean if you use a sample of size 50 to construct a 95% Confidence interval for a population proportion? O A. If you construct 100 such intervals in the same manner, you would expect that 95 of the constructed intervals would contain the true population proportion. OB. The true population proportion is between 90% and 100%. OC. The true population proportion is less than 95% because the sample size is large enough to support this conclusion...
1. A fire insurance company thought that the mean distance from a home to the nearest fire department in a suburb of Chicago was at least 5.3 miles. It set its fire insurance rates accordingly. Members of the community set out to show that the mean distance was less than 5.3 miles. This, they thought, would convince the insurance company to lower its rates. They randomly indentified 57 homes and measured the distance to the nearest fire department from each....
a) Approximately 500 students take a particular college statistics course each year. As an exercise, each of the 500 students in the class is given a different random sample of the previous year's 500 final grades (in percentages) and asked to construct a 95% interval estimate of the previous year's overall average. Which of the following statements is correct? About 475 of the confidence intervals will contain the actual overall average for the previous year. It is probable that 475...
In examining the credit accounts of a department store, an auditor would like to estimate the true mean account error (book value – audited value). To do so, the auditor selected a random sample of 50 accounts and found the mean account error to be $60 with a standard deviation of $30. a. Construct a 95% confidence interval for the population mean account error. What conclusion can be made from this confidence interval? b. How large a sample is actually...