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Statistics
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Statistics for Management and Economics
Quiz 10: Introduction to Estimation
Path 4
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Question 61
Multiple Choice
The
value for a 95% confidence interval estimate for a population mean μ is
Question 62
Multiple Choice
The width of a confidence interval estimate of the population mean increases when the:
Question 63
Multiple Choice
The letter α in the formula for constructing a confidence interval estimate of the population mean is:
Question 64
True/False
Suppose a sample size of 5 has mean 9.60.If the population variance is 5 and the population is normally distributed,the lower limit for a 92% confidence interval is 7.85.
Question 65
Multiple Choice
Which of the following is an incorrect statement about a 90% confidence interval?
Question 66
True/False
Increasing the value of 1 − α narrows a confidence interval.
Question 67
Multiple Choice
In developing an interval estimate for a population mean,the population standard deviation σ was assumed to be 10.The interval estimate was 50.92 ± 2.14.Had σ equaled 20,the interval estimate would be
Question 68
Multiple Choice
If the confidence level is reduced,the confidence interval:
Question 69
True/False
When constructing confidence interval estimate of μ,doubling the sample size n decreases the width of the interval by half.
Question 70
Multiple Choice
Suppose an interval estimate for the population mean was 62.84 to 69.46.The population standard deviation was assumed to be 6.50,and a sample of 100 observations was used.The mean of the sample was:
Question 71
True/False
Other things being equal,the confidence interval for the mean will be wider for 99% confidence than for 95% confidence.
Question 72
Multiple Choice
After constructing a confidence interval estimate for a population mean,you believe that the interval is useless because it is too wide.In order to correct this problem,you need to:
Question 73
Multiple Choice
In developing an interval estimate for a population mean,a sample of 50 observations was used.The interval estimate was 19.76 ± 1.32.Had the sample size been 200 instead of 50,the interval estimate would have been: