Full Statistics For Business and Economics 12Th Edition Mcclave Test Bank Online PDF All Chapter
Full Statistics For Business and Economics 12Th Edition Mcclave Test Bank Online PDF All Chapter
Full Statistics For Business and Economics 12Th Edition Mcclave Test Bank Online PDF All Chapter
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MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Solve the problem.
1) Which statement best describes a parameter? 1) _______
A) A parameter is a sample size that guarantees the error in estimation is within acceptable
limits.
B) A parameter is a level of confidence associated with an interval about a sample mean or
proportion.
C) A parameter is an unbiased estimate of a statistic found by experimentation or polling.
D) A parameter is a numerical measure of a population that is almost always unknown and
must be estimated.
2) A study was conducted to determine what proportion of all college students considered 2) _______
themselves as full-time students. A random sample of 300 college students was selected and 210
of the students responded that they considered themselves full-time students. Which of the
following would represent the target parameter of interest?
A) p B) μ
3) Parking at a large university can be extremely difficult at times. One particular university is 3) _______
trying to determine the location of a new parking garage. As part of their research, officials are
interested in estimating the average parking time of students from within the various colleges on
campus. Which of the following would represent the target parameter of interest?
A) p B) μ
5) For quantitative data, the target parameter is most likely to be the mode of the data. 5) _______
A) True B) False
7) What is the confidence level of the following confidence interval for μ? 7) _______
± 2.33
A) 98% B) 78% C) 233% D) 67%
8) The registrar's office at State University would like to determine a 95% confidence interval for 8) _______
the mean commute time of its students. A member of the staff randomly chooses a parking lot
and surveys the first 125 students who park in the chosen lot on a given day. The confidence
interval is
A) not meaningful because the sampling distribution of the sample mean is not normal.
B) meaningful because the sample size exceeds 30 and the Central Limit Theorem ensures
normality of the sampling distribution of the sample mean.
C) not meaningful because of the lack of random sampling.
D) meaningful because the sample is representative of the population.
9) A 90% confidence interval for the mean percentage of airline reservations being canceled on the da y of the
flight is 9) __
(1.1%, __
3.2%). __
What is _
the point
estimator
of the
mean
percenta
ge of
reservati
ons that
are
canceled
on the
day of
the
flight?
A) 2.1% B) 1.60% C) 1.05% D) 2.15%
10) A 90% confidence interval for the average salary of all CEOs in the electronics industry was 10) ______
constructed using the results of a random survey of 45 CEOs. The interval was
To make more useful inferences from the data, it is desired to reduce the
width of the confidence interval. Which of the following will result in a reduced interval width?
A) Increase the sample size and increase the confidence level.
B) Decrease the sample size and decrease the confidence level.
C) Increase the sample size and decrease the confidence level.
D) Decrease the sample size and increase the confidence level.
11) Suppose a large labor union wishes to estimate the mean number of hours per month a union 11) ______
member is absent from work. The union decides to sample 468 of its members at random and
monitor the working time of each of them for 1 month. At the end of the month, the total number
of hours absent from work is recorded for each employee. Which of the following should be
used to estimate the parameter of interest for this problem?
A) A large sample confidence interval for μ. B) A large sample confidence interval for p.
C) A small sample confidence interval for D) A small sample confidence interval for p.
μ.
12) Explain what the phrase 95% confident means when we interpret a 95% confidence interval for 12) ______
μ.
A) The probability that the sample mean falls in the calculated interval is 0.95.
B) 95% of similarly constructed intervals would contain the value of the sampled mean.
C) In repeated sampling, 95% of similarly constructed intervals contain the value of the
population mean.
D) 95% of the observations in the population fall within the bounds of the calculated interval.
13) Parking at a large university can be extremely difficult at times. One particular university is Lo 95%
trying to determine the location of a new parking garage. As part of their research, officials are Var CI
interested in estimating the average parking time of students from within the various colleges on iabl Mean
campus. A survey of 338 College of Business (COBA) students yields the following descriptive e Up 95%
information regarding the length of time (in minutes) it took them to find a parking spot. Note N CI
that the "Lo 95%" and "Up 95%" refer to the endpoints of the desired confidence interval. SD
Parking 13) ___
Time ___
338
9.1944
10.466
11.738
11.885
Universit
y
officials
have
determin
ed that
the
confiden
ce
interval
would be
more
useful if
the
interval
were
narrower
. Which
of the
followin
g
changes
in the
confiden
ce level
would
result in
a
narrower
interval?
A) The university could increase their confidence level.
B) The university could decrease their confidence level.
14) A retired statistician was interested in determining the average cost of a $200,000.00 term life 14) ______
insurance policy for a 60-year-old male non-smoker. He randomly sampled 65 subjects
(60-year-old male non-smokers) and constructed the following 95 percent confidence interval for
the mean cost of the term life insurance: ($850.00, $1050.00). What value of alpha was used to
create this confidence interval?
A) 0.025 B) 0.10 C) 0.01 D) 0.05
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
15) Suppose (1,000, 2,100) is a 95% confidence interval for μ. To make more useful inferences 15) _____________
from the data, it is desired to reduce the width of the confidence interval. Explain why
an increase in sample size will lead to a narrower interval of the estimate of μ.
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Answer the question True or False.
16) One way of reducing the width of a confidence interval is to reduce the confidence level. 16) ______
A) True B) False
17) The Central Limit Theorem guarantees an approximately normal sampling distribution for the 17) ______
sample mean for large sample sizes, so no knowledge about the distribution of the population is
necessary for the corresponding interval to be valid.
A) True B) False
18) Since the population standard deviation σ is almost always known, we use it instead of the 18) ______
sample standard deviation s when finding a confidence interval.
A) True B) False
19) The confidence coefficient is the relative frequency with which the interval estimator encloses 19) ______
the population parameter when the estimator is used repeatedly a very large number of times.
A) True B) False
20) The confidence level is the confidence coefficient expressed as a percentage. 20) ______
A) True B) False
22) Which information is not shown on the screen below? 22) ______
24) Determine the confidence level for the given confidence interval for μ. 24) ______
± 1.88
A) 3% B) 97% C) 98.5% D) 94%
25) A random sample of n measurements was selected from a population with unknown mean μ 25) ______
and known standard deviation σ. Calculate a 95% confidence interval for μ for the given
situation. Round to the nearest hundredth when necessary.
n = 100, = 74, σ = 25
A) 74 ± 49 B) 74 ± 4.11 C) 74 ± 4.9 D) 74 ± 0.49
26) A 90% confidence interval for the average salary of all CEOs in the electronics industry was 26) ______
constructed using the results of a random survey of 45 CEOs. The interval was
Give a practical interpretation of the interval.
A) 90% of the sampled CEOs have salaries that fell in the interval $110,389 to $128,192.
B) 90% of all CEOs in the electronics industry have salaries that fall between $110,389 to
$128,192.
C) We are 90% confident that the mean salary of all CEOs in the electronics industry falls in
the interval $110,389 to $128,192.
D) We are 90% confident that the mean salary of the sampled CEOs falls in the interval
$110,389 to $128,192.
27) A random sample of 250 students at a university finds that these students take a mean of 15.3 27) ______
credit hours per quarter with a standard deviation of 1.6 credit hours. Estimate the mean credit
hours taken by a student each quarter using a 95% confidence interval. Round to the nearest
thousandth.
A) 15.3 ± .198 B) 15.3 ± .010 C) 15.3 ± .013 D) 15.3 ± .157
28) A random sample of 250 students at a university finds that these students take a mean of 14.3 28) ______
credit hours per quarter with a standard deviation of 1.7 credit hours. The 95% confidence
interval for the mean is Interpret the interval.
A) The probability that a student takes 14.089 to 14.511 credit hours in a quarter is
B) We are 95% confident that the average number of credit hours per quarter of students at
the university falls in the interval 14.089 to 14.511 hours.
C) 95% of the students take between 14.089 to 14.511 credit hours per quarter.
D) We are 95% confident that the average number of credit hours per quarter of the sampled
students falls in the interval 14.089 to 14.511 hours.
29) The director of a hospital wishes to estimate the mean number of people who are admitted to the 29) ______
emergency room during a period. The director randomly selects 49 different
periods and determines the number of admissions for each. For this sample, and
Estimate the mean number of admissions per period with a 90% confidence
interval.
A) 17.2 ± .643 B) 17.2 ± 5.875 C) 17.2 ± 1.175 D) 17.2 ± .168
30) Suppose a large labor union wishes to estimate the mean number of hours per month a union 30) ______
member is absent from work. The union decides to sample 348 of its members at random and
monitor the working time of each of them for 1 month. At the end of the month, the total number
of hours absent from work is recorded for each employee. If the mean and standard deviation of
the sample are hours and hours, find a 99% confidence interval for the true mean
number of hours a union member is absent per month. Round to the nearest thousandth.
A) 7.5 ± .186 B) 7.5 ± .026 C) 7.5 ± .258 D) 7.5 ± .483
31) Parking at a large university can be extremely difficult at times. One particular university is Var CI
trying to determine the location of a new parking garage. As part of their research, officials are iabl Mean
interested in estimating the average parking time of students from within the various colleges on e Up 95%
campus. A survey of 338 College of Business (COBA) students yields the following descriptive N CI
information regarding the length of time (in minutes) it took them to find a parking spot. Note SD
that the "Lo 95%" and "Up 95%" refer to the endpoints of the desired confidence interval. Lo Parking
95%Time
338 31) ___
9.1944 ___
10.466
11.738
11.885
Give a
practical
interpret
ation for
the 95%
confiden
ce
interval
given
above.
A) We are 95% confident that the average parking time of all COBA students falls between
9.19 and 11.74 minutes.
B) We are 95% confident that the average parking time of the 338 COBA students surveyed
falls between 9.19 and 11.74 minutes.
C) 95% of the COBA students had parking times that fell between 9.19 and 11.74 minutes.
D) 95% of the COBA students had parking times of 10.466 minutes.
32) Parking at a large university can be extremely difficult at times. One particular university is 32) ______
trying to determine the location of a new parking garage. As part of their research, officials are
interested in estimating the average parking time of students from within the various colleges on
campus. A survey of 338 College of Business (COBA) students yields the following descriptive
information regarding the length of time (in minutes) it took them to find a parking spot. Note
that the "Lo 95%" and "Up 95%" refer to the endpoints of the desired confidence interval.
Explain what the phrase "95% confident" means when working with a 95% confidence interval.
A) In repeated sampling, 95% of the population means will fall within the interval created.
B) 95% of the observations in the population will fall within the endpoints of the interval.
C) In repeated sampling, 95% of the intervals created will contain the population mean.
D) In repeated sampling, 95% of the sample means will fall within the interval created.
33) A retired statistician was interested in determining the average cost of a $200,000.00 term life 33) ______
insurance policy for a 60-year-old male non-smoker. He randomly sampled 65 subjects
(60-year-old male non-smokers) and constructed the following 95 percent confidence interval for
the mean cost of the term life insurance: ($850.00, $1050.00). State the appropriate interpretation
for this confidence interval. Note that all answers begin with "We are 95 percent confidence
that…"
A) The term life insurance cost for all 60-year-old male non-smokers' insurance policies falls
between $850.00 and $1050.00
B) The average term life insurance costs for all 60-year-old male non-smokers falls between
$850.00 and $1050.00
C) The average term life insurance cost for sampled 65 subjects falls between $850.00 and
$1050.00
D) The term life insurance cost of the retired statistician's insurance policy falls between
$850.00 and $1050.00
34) A retired statistician was interested in determining the average cost of a $200,000.00 term life 34) ______
insurance policy for a 60-year-old male non-smoker. He randomly sampled 65 subjects
(60-year-old male non-smokers) and constructed the following 95 percent confidence interval for
the mean cost of the term life insurance: ($850.00, $1050.00). Explain what the phrase "95 percent
confident" means in this situation.
A) 95 percent of all the life insurance costs will fall within the specified interval.
B) 95 percent of all retired statisticians are underinsured.
C) In repeated sampling, the mean of the population will fall within the specified intervals 95
percent of the time.
D) In repeated sampling, 95 percent of the intervals constructed would contain the value of
the true population mean.
35) How much money does the average professional football fan spend on food at a single football 35) ______
game? That question was posed to 60 randomly selected football fans. The sampled results
show that the sample mean was $70.00 and prior sampling indicated that the population
standard deviation was $17.50. Use this information to create a 95 percent confidence interval for
the population mean.
A) B)
70 ± 1.671 70 ± 1.645
C) D)
70 ± 1.960 70 ± 1.833
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
36) How much money does the average professional football fan spend on food at a single 36) _____________
football game? That question was posed to 43 randomly selected football fans. The
sample results provided a sample mean and standard deviation of and $2.85,
respectively. Find and interpret a 99% confidence interval for μ.
37) To help consumers assess the risks they are taking, the Food and Drug Administration 37) _____________
(FDA) publishes the amount of nicotine found in all commercial brands of cigarettes. A
new cigarette has recently been marketed. The FDA tests on this cigarette yielded a
mean nicotine content of 26.2 milligrams and standard deviation of 2.9 milligrams for a
sample of cigarettes. Find a 95% confidence interval for μ.
38) The following data represent the scores of a sample of 50 randomly chosen students on a 38) _____________
standardized test.
39 48 55 63 66 68 68 69 70 71
71 71 73 74 76 76 76 77 78 79
79 79 79 80 80 82 83 83 83 85
85 86 86 88 88 88 88 89 89 89
90 91 92 92 93 95 96 97 97 99
a. Write a 95% confidence interval for the mean score of all students who took the
test.
b. Identify the target parameter and the point estimator.
39) Suppose that 100 samples of size n = 50 are independently chosen from the same exp actually contain
population and that each sample is used to construct its own 95% confidence interval for ect μ?
an unknown population mean μ. How many of the 100 confidence intervals would you to
39) _____________
40) A random sample of n = 100 measurements was selected from a population with 40) _____________
unknown mean μ and standard deviation σ. Calculate a 95% confidence interval if =
26 and = 16.
41) A random sample of n = 144 measurements was selected from a population with 41) _____________
unknown mean μ and standard deviation σ. Calculate a 90% confidence interval if =
3.55 and s = .49.
42) A random sample of 80 observations produced a mean = 35.4 and a standard 42) _____________
deviation s = 3.1.
43) Suppose you selected a random sample of n = 7 measurements from a normal 43) _____________
distribution. Compare the standard normal z value with the corresponding t value for a
90% confidence interval.
44) Suppose you selected a random sample of n = 29 measurements from a normal 44) _____________
distribution. Compare the standard normal z value with the corresponding t value for a
95% confidence interval.
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
45) An educator wanted to look at the study habits of university students. As part of the research, 45) ______
data was collected for three variables - the amount of time (in hours per week) spent studying,
the amount of time (in hours per week) spent playing video games and the GPA - for a sample of
20 male university students. As part of the research, a 95% confidence interval for the average
GPA of all male university students was calculated to be: (2.95, 3.10). Which of the following
statements is true?
A) In construction of the confidence interval, a t-value with 20 degrees of freedom was used.
B) In construction of the confidence interval, a z-value with 20 degrees of freedom was used.
C) In construction of the confidence interval, a z-value was used.
D) In construction of the confidence interval, a t-value with 19 degrees of freedom was used.
46) Find the value of such that the following statement is true: P(- ≤t≤ ) = .99 where df = 9. 46) ______
A) 1.833 B) 2.2821 C) 3.250 D) 2.262
47) Find the value of such that the following statement is true: P(- ≤t≤ ) = .95 where df = 15. 47) ______
A) 2.947 B) 2.131 C) 1.753 D) 2.602
48) Find the value of such that the following statement is true: P(- ≤t≤ ) = .90 where df = 14. 48) ______
A) 1.345 B) 2.624 C) 2.145 D) 1.761
49) Let be a specific value of t. Find such that the following statement is true: P(t ) = .05
≥
where
df = 20. 49) ___
___
A) 1.729 B) -1.729 C) 1.725 D) -1.725
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
50) Let t0 be a particular value of t. Find a value of t0 such that P(t ≤ t0 or t ≥ t0) = .1 where 50) _____________
df = 14.
51) Let t0 be a particular value of t. Find a value of t0 such that P(t ≤ t0) = .005 where df = 9. 51) _____________
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
52) Private colleges and universities rely on money contributed by individuals and corporations for 52) ______
their operating expenses. Much of this money is invested in a fund called an endowment, and
the college spends only the interest earned by the fund. A recent survey of eight private colleges
in the United States revealed the following endowments (in millions of dollars): 77.8, 45.1, 243.4,
489.5, 113.9, 187.6, 102.4, and 210.2. What value will be used as the point estimate for the mean
endowment of all private colleges in the United States?
A) 183.738 B) 8 C) 1469.9 D) 209.986
53) Fifteen SmartCars were randomly selected and the highway mileage of each was noted. The 53) ______
analysis yielded a mean of 47 miles per gallon and a standard deviation of 5 miles per gallon.
Which of the following would represent a 90% confidence interval for the average highway
mileage of all SmartCars?
A) B) C) D)
47 ± 1.753 47 ± 1.645 47 ± 1.761 47 ± 1.345
54) How much money does the average professional football fan spend on food at a single football 54) ______
game? That question was posed to ten randomly selected football fans. The sampled results
show that the sample mean and sample standard deviation were $70.00 and $17.50, respectively.
Use this information to create a 95 percent confidence interval for the population mean.
A) B)
70 ± 2.228 70 ± 2.262
C) D)
70 ± 1.833 70 ± 1.960
55) You are interested in purchasing a new car. One of the many points you wish to consider is the 55) ______
resale value of the car after 5 years. Since you are particularly interested in a certain foreign
sedan, you decide to estimate the resale value of this car with a 95% confidence interval. You
manage to obtain data on 17 recently resold 5-year-old foreign sedans of the same model. These
17 cars were resold at an average price of $12,610 with a standard deviation of $700. What is the
95% confidence interval for the true mean resale value of a 5- year-old car of this model?
A) 12,610 ± 2.110(700/ ) B) 12,610 ± 1.960(700/ )
C) 12,610 ± 2.120(700/ ) D) 12,610 ± 2.120(700/ )
56) You are interested in purchasing a new car. One of the many points you wish to consider is the and ficient
resale value of the car after 5 years. Since you are particularly interested in a certain foreign the in
sedan, you decide to estimate the resale value of this car with a 90% confidence interval. You con order
manage to obtain data on 17 recently resold 5-year-old foreign sedans of the same model. These fide to
17 cars were resold at an average price of $12,630 with a standard deviation of $800. Suppose nce guarant
that the interval is calculated to be How could we alter the sample size coef ee a
decrease 56) ___
in the ___
width of
the
interval?
A) Increase the sample size and increase the confidence coefficient.
B) Increase the sample size but decrease the confidence coefficient.
C) Keep the sample size the same but increase the confidence coefficient.
D) Decrease the sample size but increase the confidence coefficient.
57) How much money does the average professional football fan spend on food at a single football 57) ______
game? That question was posed to 10 randomly selected football fans. The sample results
provided a sample mean and standard deviation of $14.00 and $2.50, respectively. Use this
information to construct a 90% confidence interval for the mean.
A) 14 ± 1.383(2.50/ ) B) 14 ± 1.796(2.50/ )
C) 14 ± 1.833(2.50/ ) D) 14 ± 1.812(2.50/ )
58) A marketing research company is estimating the average total compensation of CEOs in the 58) ______
service industry. Data were randomly collected from 18 CEOs and the 99% confidence interval
for the mean was calculated to be Explain what the phrase "99%
confident" means.
A) 99% of the similarly constructed intervals would contain the value of the sample mean.
B) % of the sample means from similar samples fall within the interval.
C) 99% of the population values will fall within the interval.
D) In repeated sampling, 99% of the intervals constructed would contain μ.
59) A marketing research company is estimating the average total compensation of CEOs in the 59) ______
service industry. Data were randomly collected from 18 CEOs and the 95% confidence interval
for the mean was calculated to be What additional assumption is
necessary for this confidence interval to be valid?
A) The sample standard deviation is less than the degrees of freedom.
B) The population of total compensations of CEOs in the service industry is approximately
normally distributed.
C) The distribution of the sample means is approximately normal.
D) None. The Central Limit Theorem applies.
60) A marketing research company is estimating the average total compensation of CEOs in the 60) ______
service industry. Data were randomly collected from 18 CEOs and the 99% confidence interval
for the mean was calculated to be What would happen to the confidence
interval if the confidence level were changed to 98%?
A) The interval would get wider.
B) The interval would get narrower.
C) There would be no change in the width of the interval.
D) It is impossible to tell until the 98% interval is constructed.
61) A computer package was used to generate the following printout for estimating the mean sale NCE = SAMPLE
price of homes in a particular neighborhood. `S
95
X = sale_price CO
NFI
SAMPLE MEAN OF X = 46,300 DE UPPER
LIMIT = 61) ___
53,913.6 ___
S
AMPLE
MEAN
OF X =
46,300
LOWER
LIMIT =
38,686.4
At what
level of
reliabilit
y is the
confiden
ce
interval
made?
A) 52.5% B) 95% C) 5% D) 47.5%
62) A computer package was used to generate the following printout for estimating the mean sale 62) ______
price of homes in a particular neighborhood.
X = sale_price
63) A computer package was used to generate the following printout for estimating the mean sale
price of homes in a particular neighborhood. CO
NFI UPPER
X = sale_price DE LIMIT
NC =
SAMPLE MEAN OF X = 46,600 E=
SAMPLE STANDARD DEV = 13,747
SAMPLE SIZE OF X = 15 95 54,213.6
0 63) ___
S ___
AMPLE
MEAN
OF X =
46,600
LOWER
LIMIT =
38,986.40
A friend
suggests
that the
mean
sale price
of homes
in this
neighbor
hood is
Commen
t on your
friend's
suggesti
on.
A) Your friend is correct, and you are 100% certain.
B) Your friend is wrong, and you are 95% certain.
C) Your friend is correct, and you are 95% certain.
D) Based on this printout, all you can say is that the mean sale price might be
64) To help consumers assess the risks they are taking, the Food and Drug Administration (FDA) 64) ______
publishes the amount of nicotine found in all commercial brands of cigarettes. A new cigarette
has recently been marketed. The FDA tests on this cigarette yielded mean nicotine content of
27.3 milligrams and standard deviation of 2.1 milligrams for a sample of cigarettes.
Construct a 95% confidence interval for the mean nicotine content of this brand of cigarette.
A) 27.3 ± 1.712 B) 27.3 ± 1.614 C) 27.3 ± 1.679 D) 27.3 ± 1.583
65) Private colleges and universities rely on money contributed by individuals and corporations for 65) ______
their operating expenses. Much of this money is invested in a fund called an endowment, and
the college spends only the interest earned by the fund. A recent survey of eight private colleges
in the United States revealed the following endowments (in millions of dollars): 60.2, 47.0, 235.1,
490.0, 122.6, 177.5, 95.4, and 220.0. Summary statistics yield and
Calculate a 99% confidence interval for the mean endowment of all private colleges in the United
States.
A) 180.975 ± 169.672 B) 180.975 ± 176.955
C) 180.975 ± 189.173 D) 180.975 ± 181.387
66) An educator wanted to look at the study habits of university students. As part of the research, GP male
data was collected for three variables - the amount of time (in hours per week) spent studying, A univers
the amount of time (in hours per week) spent playing video games and the GPA - for a sample of of ity
20 male university students. As part of the research, a 95% confidence interval for the average all student
s was 66) ___
calculate ___
d to be:
(2.95,
3.10).
The
researche
r claimed
that the
average
GPA of
all male
students
exceeded
2.94.
Using
the
confiden
ce
interval
supplied
above,
how do
you
respond
to this
claim?
A) We are 95% confident that the researcher is incorrect.
B) We are 95% confident that the researcher is correct.
C) We cannot make any statement regarding the average GPA of male university students at
the 95% confidence level.
D) We are 100% confident that the researcher is incorrect.
67) An educator wanted to look at the study habits of university students. As part of the research, 67) ______
data was collected for three variables - the amount of time (in hours per week) spent studying,
the amount of time (in hours per week) spent playing video games and the GPA - for a sample of
20 male university students. As part of the research, a 95% confidence interval for the average
GPA of all male university students was calculated to be: (2.95, 3.10). What assumption is
necessary for the confidence interval analysis to work properly?
A) The population that we are sampling from needs to be a t-distribution with n-1 degrees of
freedom.
B) The sampling distribution of the sample mean needs to be approximately normally
distributed.
C) The Central Limit theorem guarantees that no assumptions about the population are
necessary.
D) The population that we are sampling from needs to be approximately normally distributed.
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
68) You are interested in purchasing a new car. One of the many points you wish to sed same model.
consider is the resale value of the car after 5 years. Since you are particularly interested ans These 17 cars
in a certain foreign sedan, you decide to estimate the resale value of this car with a 95% of were resold at
confidence interval. You manage to obtain data on 17 recently resold 5-year-old foreign the an average price
of 68) ___
$13,200 ___
with a ___
standard ___
deviation _
of $700.
Create a
95%
confiden
ce
interval
for the
true
mean
resale
value of
a
5-year-ol
d car of
that
model.
69) A marketing research company is estimating the average total compensation of CEOs in 69) _____________
the service industry. Data were randomly collected from 18 CEOs and the 90%
confidence interval was calculated to be Give a practical
interpretation of the confidence interval.
70) A marketing research company is estimating the average total compensation of CEOs in 70) _____________
the service industry. Data were randomly collected from 18 CEOs and the 95%
confidence interval was calculated to be Based on the interval
above, do you believe the average total compensation of CEOs in the service industry is
more than
71) A computer package was used to generate the following printout for estimating the 71) _____________
mean sale price of homes in a particular neighborhood.
X = sale_price
A friend suggests that the mean sale price of homes in this neighborhood is $47,000.
Comment on your friend's suggestion.
72) The following random sample was selected from a normal population: 9, 11, 8, 10, 14, 8. 72) _____________
Construct a 95% confidence interval for the population mean μ.
73) The following sample of 16 measurements was selected from a population that is 73) _____________
approximately normally distributed.
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
74) A marketing research company is estimating which of two soft drinks college students prefer. A 74) ______
random sample of 141 college students produced the following confidence interval for the
proportion of college students who prefer drink Is this a large enough sample for
this analysis to work?
A) No.
B)
Yes, since both n ≥ 15 and n ≥ 15.
C) Yes, since n = 141 (which is 30 or more).
D) It is impossible to say with the given information.
75) A marketing research company is estimating which of two soft drinks college students prefer. A 75) ______
random sample of 329 college students produced the following 95% confidence interval for the
proportion of college students who prefer one of the colas: What additional
assumptions are necessary for the interval to be valid?
A) The sample was randomly selected from an approximately normal population.
B) The population proportion has an approximately normal distribution.
C) No additional assumptions are necessary.
D) The sample proportion equals the population proportion.
76) What type of car is more popular among college students, American or foreign? One hundred 76) ______
fifty-nine college students were randomly sampled and each was asked which type of car he or
she prefers. A computer package was used to generate the printout below for the proportion of
college students who prefer American automobiles.
77) A study was conducted to determine what proportion of all college students considered 77) ______
themselves as full-time students. A random sample of 300 college students was selected and 210
of the students responded that they considered themselves full-time students. A computer
program was used to generate the following 95% confidence interval for the population
proportion: (0.64814, 0.75186). The sample size that was used in this problem is considered a
large sample. What criteria should be used to determine if n is large?
A)
Both n ≥ 15 and n ≥ 15.
B) If n > 25, then n is considered large.
C) When working with proportions, any n is considered large.
D) If n > 30, then n is considered large.
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
78) 78) _____________
For n = 40 and = .35, is the sample size large enough to construct a confidence for p?
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Answer the question True or False.
81) 81) ______
The sampling distribution for is approximately normal for a large sample size n, where n is
considered large if both n ≥ 15 and n(1 - ) ≥ 15.
A) True B) False
82) When the sample size is small, confidence intervals for a population proportion are more reliable 82) ______
when the population proportion p is near 0 or 1.
A) True B) False
84) What type of car is more popular among college students, American or foreign? One hundred 84) ______
fifty-nine college students were randomly sampled and each was asked which type of car he or
she prefers. A computer package was used to generate the printout below for the proportion of
college students who prefer American automobiles.
85) What type of car is more popular among college students, American or foreign? One hundred T = .472
fifty-nine college students were randomly sampled and each was asked which type of car he or
she prefers. A computer package was used to generate the printout below of a 95% confidence UP LOWE
interval for the proportion of college students who prefer American automobiles. PE R
R LIMIT
SAMPLE PROPORTION = .396 LI = .320
SAMPLE SIZE = 159 MI
Which of 85) ___
the ___
followin
g is a
correct
practical
interpret
ation of
the
interval?
A) We are 95% confident that the proportion of all college students who prefer foreign cars
falls between and .
B) We are 95% confident that the proportion of all college students who prefer American cars
falls between and .
C) 95% of all college students prefer American cars between and of the time.
D) We are 95% confident that the proportion of the 159 sampled students who prefer
American cars falls between and .
86) What type of car is more popular among college students, American or foreign? One hundred 86) ______
fifty-nine college students were randomly sampled and each was asked which type of car he or
she prefers. A computer package was used to generate the printout below of a 90% confidence
interval for the proportion of college students who prefer American automobiles.
Based on the interval above, do you believe that 31% of all college students prefer American
automobiles?
A) Yes, and we are 90% confident of it. B) No, and we are 100% sure of it.
C) Yes, and we are 100 %sure of it. D) No, and we are 90% confident of it.
87) A newspaper reported on the topics that teenagers most want to discuss with their parents. The 87) ______
findings, the results of a poll, showed that 46% would like more discussion about the family's
financial situation, 37% would like to talk about school, and 30% would like to talk about
religion. These and other percentages were based on a national sampling of 508 teenagers.
Estimate the proportion of all teenagers who want more family discussions about school. Use a
99% confidence level.
A) .37 ± .055 B) .63 ± .055 C) .63 ± .002 D) .37 ± .002
88) A newspaper reported on the topics that teenagers most want to discuss with their parents. The 88) ______
findings, the results of a poll, showed that 46% would like more discussion about the family's
financial situation, 37% would like to talk about school, and 30% would like to talk about
religion. These and other percentages were based on a national sampling of 549 teenagers. Using
99% reliability, can we say that more than 30% of all teenagers want to discuss school with their
parents?
A) Yes, since the values inside the 99% confidence interval are greater than .30.
B) No, since the value .30 is not contained in the 99% confidence interval.
C) No, since the value .30 is not contained in the 99% confidence interval.
D) Yes, since the value .30 falls inside the 99% confidence interval.
89) A random sample of 4000 U.S. citizens yielded 2280 who are in favor of gun control legislation. 89) ______
Find the point estimate for estimating the proportion of all Americans who are in favor of gun
control legislation.
A) 4000 B) .5700 C) 2280 D) .4300
90) A random sample of 4000 U.S. citizens yielded 2250 who are in favor of gun control legislation. 90) ______
Estimate the true proportion of all Americans who are in favor of gun control legislation using a
90% confidence interval.
A) .5625 ± .4048 B) .5625 ± .0129 C) .4375 ± .4048 D) .4375 ± .0129
91) A university dean is interested in determining the proportion of students who receive some sort 91) ______
of financial aid. Rather than examine the records for all students, the dean randomly selects 200
students and finds that 118 of them are receiving financial aid. Use a 95% confidence interval to
estimate the true proportion of students who receive financial aid.
A) .59 ± .002 B) .59 ± .068 C) .59 ± .474 D) .59 ± .005
92) A university dean is interested in determining the proportion of students who receive some sort 92) ______
of financial aid. Rather than examine the records for all students, the dean randomly selects 200
students and finds that 118 of them are receiving financial aid. The 95% confidence interval for p
is Interpret this interval.
A) 95% of the students receive between 52% and 66% of their tuition in financial aid.
B) We are 95% confident that the true proportion of all students receiving financial aid is
between and
C) We are 95% confident that 59% of the students are on some sort of financial aid.
D) We are 95% confident that between 52% and 66% of the sampled students receive some sort
of financial aid.
93) A confidence interval was used to estimate the proportion of statistics students who are female. 93) ______
A random sample of 72 statistics students generated the following 99% confidence interval:
State the level of reliability used to create the confidence interval.
A) between 43.8% and 64.2% B) 99%
C) 72% D) 64.2%
94) A confidence interval was used to estimate the proportion of statistics students who are female. 94) ______
A random sample of 72 statistics students generated the following 90% confidence interval:
Based on the interval, is the population proportion of females equal to 48%?
A) No, and we are 90% sure of it.
B) Maybe. 48% is a believable value of the population proportion based on the information
above.
C) Yes, and we are 90% sure of it.
D) No, the proportion is 54%.
95) A study was conducted to determine what proportion of all college students considered 95) ______
themselves as full-time students. A random sample of 300 college students was selected and 210
of the students responded that they considered themselves full-time students. A computer
program was used to generate the following 95% confidence interval for the population
proportion: (0.64814, 0.75186). Which of the following practical interpretations is correct for this
confidence interval?
A) We are 95% confident that the percentage of all college students who consider themselves
full-time students was 0.700.
B) We are 95% confident that the percentage of the 300 students who responded that they
considered themselves full-time students was 0.700.
C) We are 95% confident that the percentage of all college students who consider themselves
full-time students falls between 0.648 and 0.752.
D) We are 95% confident that the percentage of the 300 students who responded that they
considered themselves full-time students falls between 0.648 and 0.752.
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
96) The U.S. Commission on Crime randomly selects 600 files of recently committed crimes 96) _____________
in an area and finds 380 in which a firearm was reportedly used. Find a 99% confidence
interval for p, the true fraction of crimes in the area in which some type of firearm was
reportedly used.
97) A newspaper reports on the topics that teenagers most want to discuss with their 97) _____________
parents. The findings, the results of a poll, showed that 46% would like more discussion
about the family's financial situation, 37% would like to talk about school, and 30%
would like to talk about religion. These and other percentages were based on a national
sampling of 505 teenagers. Estimate the proportion of all teenagers who want more
family discussions about religion. Use a 90% confidence level.
98) A random sample of 50 employees of a large company was asked the question, "Do you 98) _____________
participate in the company's stock purchase plan?" The answers are shown below.
Use a 90% confidence interval to estimate the proportion of employees who participate
in the company's stock purchase plan.
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
99) We intend to estimate the average driving time of a group of commuters. From a previous study, 99) ______
we believe that the average time is 42 minutes with a standard deviation of 12 minutes. We want
our 99 percent confidence interval to have a margin of error of no more than plus or minus 3
minutes. What is the smallest sample size that we should consider?
A) 107 B) 319 C) 11 D) 9
100) A local men's clothing store is being sold. The buyers are trying to estimate the percentage of 100) _____
items that are outdated. They will choose a random sample from the 100,000 items in the store's
inventory in order to determine the proportion of merchandise that is outdated. The current
owners have never determined the percentage of outdated merchandise and cannot help the
buyers. How large a sample do the buyers need in order to be 95% confident that the margin of
error of their estimate is about 5%?
A) 769 B) 196 C) 1537 D) 385
101) A confidence interval was used to estimate the proportion of statistics students who are female. 101) _____
A random sample of 72 statistics students generated the following confidence interval:
Using the information above, what sample size would be necessary if we wanted to
estimate the true proportion to within 3% using 99% reliability?
A) 1916 B) 1831 C) 1769 D) 1842
102) Sales of a new line of athletic footwear are crucial to the success of a company. The company 102) _____
wishes to estimate the average weekly sales of the new footwear to within $300 with 90%
reliability. The initial sales indicate that the standard deviation of the weekly sales figures is
approximately $1100. How many weeks of data must be sampled for the company to get the
information it desires?
A) 7 weeks B) 23 weeks C) 37 weeks D) 10,915 weeks
103) The director of a hospital wishes to estimate the mean number of people who are admitted to the 103) _____
emergency room during a period. The director randomly selects 64 different 24-hour
periods and determines the number of admissions for each. For this sample, and
If the director wishes to estimate the mean number of admissions per period to within
1 admission with 90% reliability, what is the minimum sample size she should use?
A) 44 B) 7 C) 11 D) 27
104) A previous random sample of 4000 U.S. citizens yielded 2250 who are in favor of gun control 104) _____
legislation. How many citizens would need to be sampled for a 95% confidence interval to
estimate the true proportion within 2%?
A) 2364 B) 2209 C) 2498 D) 2401
105) A university dean is interested in determining the proportion of students who receive some sort 105) _____
of financial aid. Rather than examine the records for all students, the dean randomly selects 200
students and finds that 118 of them are receiving financial aid. If the dean wanted to estimate the
proportion of all students receiving financial aid to within 1% with 90% reliability, how many
students would need to be sampled?
A) 6546 B) 3980 C) 66 D) 1584
106) After elections were held, it was desired to estimate the proportion of voters who regretted that 106) _____
they did not vote. How many voters must be sampled in order to estimate the true proportion to
within 2% at the 90% confidence level? Assume that we believe this proportion lies
close to 30%.
A) n = 2401
B) n = 1421
C) n = 1692
D) n = 2017
E) Cannot determine because no estimate of p or q exists in this problem.
107) Suppose it is desired to estimate the average time a customer spends in a particular store to 107) _____
within 5 minutes (e.g., + 5 minutes) at 99% reliability. It is estimated that the standard deviation
of the times is 15 minutes. How large a sample should be taken to get the desired interval?
A) n = 299 B) n = 60 C) n = 25 D) n = 35
108) It is desired to estimate the average time it takes Statistics students to finish a computer project 108) _____
to within two hours at 90% reliability. It is estimated that the standard deviation of the times is
14 hours. How large a sample should be taken to get the desired interval?
A) n = 133 B) n = 325 C) n = 189 D) n = 231
109) It is desired to estimate the proportion of college students who feel a sudden relief now that their 109) _____
statistics class is over. How many students must be sampled in order to estimate the true
proportion to within 2% at the 90% confidence level?
A) n = 189
B) Cannot determine because no estimate of p or q exists in this problem
C) n = 2401
D) n = 1692
E) n = 133
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
110) A local men's clothing store is being sold. The buyers are trying to estimate the 110) ____________
percentage of items that are outdated. They will choose a random sample from the
100,000 items in the store's inventory in order to determine the proportion of
merchandise that is outdated. The current owners have never determined the percentage
of outdated merchandise and cannot help the buyers. How large a sample do the buyers
need in order to be 95% confident that the margin of error of their estimate is within 3%?
111) Suppose you wanted to estimate a binomial proportion, p, correct to within .03 with 111) ____________
probability 0.90. What size sample would need to be selected if p is known to be
approximately 0.7?
112) The standard deviation of a population is estimated to be 295 units. To estimate the 112) ____________
population mean to within 46 units with 95% reliability, what size sample should be
selected?
113) Sales of a new line of athletic footwear are crucial to the success of a newly formed 113) ____________
company. The company wishes to estimate the average weekly sales of the new
footwear to within $150 with 90% reliability. The initial sales indicate that the standard
deviation of the weekly sales figures is approximately $1500. How many weeks of data
must be sampled for the company to get the information it desires?
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
114) In the construction of confidence intervals, if all other quantities are unchanged, an increase in 114) _____
the sample size will lead to a __________ interval.
A) biased B) wider C) less significant D) narrower
116) If no estimate of p exists when determining the sample size for a confidence interval for a 116) _____
proportion, we can use .5 in the formula to get a value for n.
A) True B) False
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
Solve the problem.
117) What is the rule of thumb for the finite population correction factor? 117) ____________
118) When is the finite population correction factor used? 118) ____________
119) Calculate the percentage of the population sampled if n = 250 and N = 1000. Should the 119) ____________
standard error in this situation be multiplied by a finite population correction factor?
Explain.
120) Calculate the percentage of the population sampled if n = 100 and N = 10,000. Should the 120) ____________
standard error in this situation be multiplied by a finite population correction factor?
Explain.
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
121) Calculate the finite population correction factor for n = 300 and N = 1500. 121) _____
A) 2.000 B) .8944 C) .4472 D) .8000
122) Suppose the population standard deviation is known to be σ = 150. Calculate the standard error 122) _____
of when n = 300 and N = 1500.
A) 7.75 B) 3.87 C) 17.32 D) 6.92
123) Suppose you want to estimate a population mean μ and that = 145, s = 21, n = 750, and N = 123) _____
4000. Find an approximate 95% confidence interval for μ.
A) 145 ± 0.30 B) 145 ± 1.38 C) 145 ± 2.71 D) 145 ± 0.66
124) A sociologist develops a test to measure attitudes towards public transportation, and 47 124) _____
randomly selected subjects are given the test. Their mean score is 76.2 and their standard
deviation is 21.4. Construct an approximate 95% confidence interval for the mean score of all
such subjects.
A) 76.2 ± 6.24 B) 76.2 ± 0.91 C) 76.2 ± 3.12 D) 76.2 ± 6.87
126) A survey of 865 voters in one state reveals that 408 favor approval of an issue before the 126) _____
legislature. Construct an approximate 95% confidence interval for the true proportion of all
voters in the state who favor approval.
A) 0.47 ± 0.017 B) 0.47 ± 0.034 C) 0.47 ± 0.049 D) 0.47 ± 0.025
For the given combination of α and degrees of freedom (df), find the value of that would
be used to find the lower endpoint of a confidence interval for .
α = 0.05, df = 13
A) 23.3367 B) 22.3621 C) 24.7356 D) 5.0087
For the given combination of α and degrees of freedom (df), find the value of that
would be used to find the upper endpoint of a confidence interval for .
α = 0.01, df = 6
A) 0.675727 B) 18.5476 C) 0.872085 D) 0.411740
129) Given the values of , s, and n, form a 99% confidence interval for . 129) _____
= 16.9, s = 8.6, n = 24
A) (4.75, 19.4) B) (38.5, 183.69) C) (40.18, 191.68) D) (40.85, 166.84)
130) Given the values of , s, and n, form a 99% confidence interval for σ. 130) _____
= 17.3, s = 7.5, n = 24
A) (29.28, 139.71) B) (5.41, 11.82) C) (5.57, 11.26) D) (3.9, 18.63)
131) The daily intakes of milk (in ounces) for ten old children selected at random from one scho ol
were: 131) ____
21.7 _
27.9
12.2
25.7
16.9
17.7
12.2
31.1
14.0
28.0
Find a
99%
confiden
ce
interval
for the
standard
deviation
, σ, of the
daily
milk
intakes
of all
olds at
this
school.
Round to
the
nearest
hundredt
h when
necessar
y.
A) (4.24, 14.50) B) (4.38, 16.14) C) (0.95, 3.51) D) (4.38, 14.50)
132) The mean systolic blood pressure for a random sample of 28 women aged 18-24 is 114.9 mm Hg 132) _____
and the standard deviation is 13.1 mm Hg. Construct a 90% confidence interval for the standard
deviation σ, of the systolic blood pressures of all women aged 18-24. Round to the nearest
hundredth when necessary.
A) (10.22, 18.34) B) (11.23, 15.99) C) (10.75, 16.94) D) (10.59, 16.54)
133) The mean replacement time for a random sample of 12 CD players is 8.6 years with a standard 133) _____
deviation of 3.4 years. Construct the 99% confidence interval for the population variance, .
Assume the data are normally distributed, and round to the nearest hundredth when necessary.
A) (2.18, 6.99) B) (1.4, 14.37) C) (5.14, 41.64) D) (4.75, 48.85)
134) A random sample of 15 crates have a mean weight of 165.2 pounds and a standard deviation of 134) _____
15.3 pounds. Construct a 95% confidence interval for the population standard deviation σ.
Assume the population is normally distributed, and round to the nearest hundredth when
necessary.
A) (11.76, 22.33) B) (2.86, 6.17) C) (125.47, 582.24) D) (11.2, 24.13)
135) The volumes (in ounces) of juice in eight randomly selected juice bottles are as follows: 135) _____
15.7 15.0 15.1 15.8
15.4 15.2 15.5 15.6
Find a 99% confidence interval for the standard deviation, σ, of the volumes of juice in all such
bottles. Round to the nearest hundredth when necessary.
A) (0.19, 0.88) B) (0.16, 0.66) C) (0.17, 0.77) D) (0.17, 0.66)
1) D
2) A
3) B
4) A
5) B
6) B
7) A
8) C
9) D
10) C
11) A
12) C
13) B
14) D
15) An increase in the sample size reduces the sampling variation of the point estimate as it is calculated as The
larger the sample size, the smaller this variation which leads to narrower intervals.
16) A
17) A
18) B
19) A
20) A
21) A
22) B
23) D
24) D
25) C
26) C
27) A
28) B
29) C
30) D
31) A
32) C
33) B
34) D
35) C
36) For confidence coefficient .99, 1 - α ⇒ α = 1 - .99 = .01.
⇒ α/2 = .01/2 = .005 ⇒ = 2.575. The confidence interval is:
We are 99% confident that the average amount a fan spends on food at a single professional football game is
between $14.88 and $17.12.
37) For confidence coefficient .95, 1 - α = .95 ⇒ α = 1 - .95 = .05.
α/2 = .05/2 = .025. ⇒ = = 1.96. The 95% confidence interval is:
± = 26 ± 1.96 = 26 ± .784
41)
± = 3.55 ± 1.645 = 3.55 ± .067
42)
a. ± = 35.4 ± 1.645 = 35.4 ± .57
=
± ⇒ .30 ± 1.645 ⇒ .30 ± .0335
1.645
98)
= = .64; The confidence interval is .64 ± 1.645 ≈ .64 ± .112.
99) A
100) D
101) B
102) C
103) C
104) A
105) A
106) B
107) B
108) A
109) D
110)