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Business Statistics Study Set 4
Quiz 8: Statistical Inference: Estimation for Single Populations
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Question 61
Multiple Choice
Given n = 12, s
2
= 44.90, and that the population is normally distributed, the 99% confidence interval for the population variance is ___.
Question 62
Multiple Choice
James Desreumaux, VP of Human Resources of Maritime Boat Manufacturing (MBM) , is reviewing the employee training programs of MBM factories.His staff randomly selected personnel files for 10 workers in Nova Scotia, and determined that their mean training time was 25 hours and that the standard deviation was 5 hours.Assume that training times are normally distributed.The 90% confidence interval for the population variance of training times is ___.
Question 63
Multiple Choice
Given n = 20, s = 32, and that the population is normally distributed, the 90% confidence interval for the population variance is ___.
Question 64
Multiple Choice
A researcher conducts a study to determine what the population proportion is for a given characteristic.It is believed from previous studies that the proportion of the population will be at least .65.The researcher wants to use a 98% level of confidence.He also wants the error to be no more than .03.The sample size should be at least ___.
Question 65
Multiple Choice
Catherine Chao, Director of Marketing Research, is evaluating consumer acceptance of a new toothpaste package.She plans to use a 95% confidence interval estimate of the proportion of households which prefer the new packages; she will accept a 0.05 error.Previous studies indicate that new packaging has an approximately 70% acceptance rate.The sample size should be at least ___.
Question 66
Multiple Choice
A researcher wants to estimate the population proportion with a 95% level of confidence.He estimates from previous studies that the population proportion is no more than .30.The researcher wants the estimate to have an error of no more than .03.The necessary sample size is at least ___.
Question 67
Multiple Choice
Given n = 17, s
2
= 18.56, and that the population is normally distributed, the 80% confidence interval for the population variance is ___.
Question 68
Multiple Choice
A study will be conducted to estimate the population proportion.A level of confidence of 99% will be used and an error of no more than .04 is desired.There is no knowledge as to what the population proportion will be.The size of sample should be at least ___.
Question 69
Multiple Choice
Elwin Osbourne, CIO at GFS, Inc., is studying employee use of GFS email for non-business communications.He plans to use a 98% confidence interval estimate of the proportion of email messages that are non-business; he will accept a 0.05 error.Previous studies indicate that approximately 30% of employee email is not business related.Elwin should sample ___ email messages.
Question 70
Multiple Choice
James Desreumaux, VP of Human Resources of Maritime Boat Manufacturing (MBM) , is reviewing the employee training programs of MBM factories.His staff randomly selected personnel files for 10 workers in Nova Scotia, and determined that their mean training time was 25 hours and that the standard deviation was 5 hours.Assume that training times are normally distributed.The 95% confidence interval for the population variance of training times is ___.
Question 71
Multiple Choice
A researcher wants to determine the sample size necessary to adequately conduct a study to estimate the population mean to within 5 points.The range of population values is 80 and the researcher plans to use a 90% level of confidence.The sample size should be at least ___.
Question 72
Multiple Choice
In estimating the sample size necessary to estimate p, if there is no good approximation for the value of p available, the value of ___ should be used as an estimate of p in the formula.