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Statistics
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Business Statistics
Quiz 8: Statistical Inference: Estimation for Single Populations
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Question 1
True/False
A market researcher computed a confidence interval for a population proportion using a 95% confidence level.Her boss decided that she wanted a 99% confidence level instead.The new interval with 99% confidence level will be wider than the original one with a 95% confidence level.
Question 2
True/False
If the population is normal and its standard deviation, σ, is known and the sample size, n, is large (n ≥ 30), interval estimates for the population mean must be determined using z-values.
Question 3
True/False
In determining the interval estimates for a population proportion using the sample proportion, it is appropriate to use the z-distribution.
Question 4
True/False
If the population is not normal but its standard deviation, σ is known and the sample size, n is large (n ≥ 30), z-distribution values may be used to determine interval estimates for the population mean.