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Business Statistics Study Set 4
Quiz 8: Nutrition
Path 4
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Question 61
Multiple Choice
The federal government would like to estimate the proportion of families with no savings. The total sample size needed to construct a 95% confidence interval for the proportion of families with no savings with a margin of error equal to 6% is __________.
Question 62
True/False
If a pilot sample is not available, it is recommended to set the sample proportion equal to 0.50 to calculate the required sample size for a confidence interval for the proportion.
Question 63
True/False
The point estimate may not equal the true population mean because of the presence of sampling error.
Question 64
Multiple Choice
The critical z-score for a 98% confidence level is ________.
Question 65
Multiple Choice
Verizon Wireless would like to estimate the proportion of households that use cell phones for their phone service without a land line. A random sample of 150 households was selected and 48 relied strictly on cell phones for their service. The 95% confidence interval for the proportion based on this sample is ------- .
Question 66
Multiple Choice
Steve's average golf score at his local course is 93.6 from a random sample of 34 rounds of golf. Assume that the population standard deviation for his golf score is 4.2. The margin of error for a 95% confidence interval around this sample mean is---------- .
Question 67
True/False
When we use the t-distribution to calculate a confidence interval, we need to assume that the population of interest follows the normal probability distribution.
Question 68
True/False
The purpose of generating a confidence interval for the mean is to provide an estimate for the value of the population mean.
Question 69
Multiple Choice
John Charleston owns a heating oil delivery company that services 1,540 residences. John would like to estimate the number of customers that have oil storage tanks that are less than 100 gallons in capacity. A random sample of 200 customers found that 63 had an oil tank that was less than 100 gallons. The 80% confidence interval to estimate the proportion of customers with oil tanks less than 100 gallons is______ .
Question 70
True/False
The margin of error for a sample is dependent on the sample mean.
Question 71
Multiple Choice
A __________ represents the width of the confidence interval between a sample mean and its upper limit or between a sample mean and its lower limit.
Question 72
True/False
A 100% confidence interval is more accurate than a 90% confidence interval and is therefore more preferable.
Question 73
True/False
The confidence interval for the mean is symmetrical around the population mean.
Question 74
Multiple Choice
The ------ confidence interval is a "workhorse" in the field of statistics and is seen far more than any other confidence level.
Question 75
Multiple Choice
A random sample of 17 hotels in Boston had an average nightly room rate of $165.40 with a sample standard deviation of $21.70. The 90% confidence interval around this sample mean is___ .
Question 76
True/False
The shape of the t-distribution becomes similar to the binomial distribution as the sample size increases.
Question 77
Multiple Choice
Steve's average golf score at his local course is 92.9 from a random sample of 60 rounds of golf. Assume that the population standard deviation for his golf score is 4.2. The 99% confidence interval around this sample mean is ----- .
Question 78
True/False
A sample proportion equal to 0.50 will require the smallest sample size to achieve a particular margin of error for a confidence interval for the proportion.
Question 79
Multiple Choice
"Gamers" are described as people who regularly play video games. A random sample of 80 people was selected and 50 were found to be male. The margin of error for a 95% confidence interval for the proportion based on this sample is -----------.