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Statistics
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Basic Statistics for Business Economics
Quiz 8: Estimation and Confidence Intervals
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Question 41
Multiple Choice
A student wanted to quickly construct a 95% confidence interval for the average age of students in her statistics class. She randomly selected 9 students. Their average age was 19.1 years with a standard deviation of 1.5 years. What is the 95% confidence interval for the population mean?
Question 42
Multiple Choice
When using Student's t to compute an interval estimate,
Question 43
Multiple Choice
The distribution of Student's t has
Question 44
Multiple Choice
The t distribution is similar to the z distribution in all BUT ONE of the following characteristics. Which one is it?
Question 45
Multiple Choice
A student wanted to quickly construct a 99% confidence interval for the average age of students in her statistics class. She randomly selected 9 students. Their average age was 19.1 years with a standard deviation of 1.5 years. What is the 99% confidence interval for the population mean?
Question 46
Multiple Choice
The distribution of Student's t is
Question 47
Multiple Choice
A student wanted to quickly construct a 95% confidence interval for the average age of students in her statistics class. She randomly selected 9 students. Their average age was 19.1 years with a standard deviation of 1.5 years. What is the best point estimate for the population mean?
Question 48
Multiple Choice
A statistics professor wishes to estimate the average mark on a term test for a course that has multiple sections and many students. A survey of some of the students registered for the course reveals the following results:
Determine a 95% confidence interval for the term test results.
Question 49
Multiple Choice
What kind of distribution is the t distribution?
Question 50
Multiple Choice
A manager of a local store wants to estimate the mean amount spent per shopping visit by customers. Summary statistics from a sample taken reveal the following:
The store manager wonders whether the population mean could have been $50 or $60.
Question 51
Multiple Choice
The t distribution approaches __________ as the sample size increases. As the sample size increases, the computed value of t ______________.
Question 52
Multiple Choice
How does the t distribution differ from the standard z distribution?
Question 53
Multiple Choice
A sample of 20 is selected from the population. What is the number of degrees of freedom used to determine the appropriate critical t-value?
Question 54
Multiple Choice
In order to construct a 90% confidence interval for the population mean when the population standard deviation is unknown and the sample size is 18, you should use the t-value indicated as:
Question 55
Multiple Choice
A sample of 100 students is selected from a known population of 1,000 students to construct a 95% confidence interval for the average SAT score. What correction factor should be used to compute the standard error?