• Q : Confidence interval-mean of the population....
    Basic Statistics :

    A random sample of 81 students at a local university showed that they work an average of 60 hours per month with a standard deviation of 18 hours. Compute a 95% confidence interval for the mean of t

  • Q : Computing a confidence interval....
    Basic Statistics :

    After computing a confidence interval, the user believes the results are meaningless because the width of the interval is too large. Which one of the following is the best recommendation?

  • Q : Interval for the population proportion....
    Basic Statistics :

    Using an a = 0.04 a confidence interval for a population proportion is determined to be 0.65 to 0.75. If the level of significance is decreased, the interval for the population proportion

  • Q : Problem based on desired margin of error....
    Basic Statistics :

    A machine that produces a major part for an airplane engine is monitored closely. In the past, 10% of the parts produced would be defective. With a .95 probability, the sample size that needs to be

  • Q : Sample needed to estimate the population proportion....
    Basic Statistics :

    We are interested in conducting a study in order to determine what percentage of voters of a state would vote for the incumbent governor. What is the minimum size sample needed to estimate the popul

  • Q : Confidence interval for the population mean problem....
    Basic Statistics :

    A random sample of 144 observations has a mean of 20, a median of 21, and a mode of 22. The population standard deviation is known to equal 4.8. The 95.44% confidence interval for the population mea

  • Q : True average age of all students....
    Basic Statistics :

    A random sample of 64 students at a university showed an average age of 25 years and a sample standard deviation of 2 years. The 98% confidence interval for the true average age of all students in t

  • Q : Average examination score of the population....
    Basic Statistics :

    A random sample of 49 statistics examinations was taken. The average score, in the sample, was 84 with a variance of 12.25. The 95% confidence interval for the average examination score of the popul

  • Q : What is the required sample size....
    Basic Statistics :

    Assuming a population standard deviation of 6 hours, what is the required sample size if the error should be less than 1/2 hour with a 95% level of confidence?

  • Q : Developing an interval estimation....
    Basic Statistics :

    Whenever the population standard deviation is unknown and the population has a normal or near-normal distribution, which distribution is used in developing an interval estimation?

  • Q : Develop an interval estimate for the mean....
    Basic Statistics :

    From a population that is not normally distributed and whose standard deviation is not known, a sample of 6 items is selected to develop an interval estimate for the mean of the population (m).

  • Q : Problem based on interval estimation....
    Basic Statistics :

    A sample of 200 elements from a population with a known standard deviation is selected. For an interval estimation of m, the proper distribution to use is the:

  • Q : Estimate of a population parameter....
    Basic Statistics :

    An estimate of a population parameter that provides an interval of values believed to contain the value of the parameter is known as the:

  • Q : Confidence interval for the mean weight of the units....
    Basic Statistics :

    A quality control technician is checking the weights of a product. She takes a random sample of 8 units and weighs each unit. The observed weights are shown below. Assume the population has a normal

  • Q : Confidence interval estimate for proportion of all voters....
    Basic Statistics :

    In a poll of 600 voters in a campaign to eliminate non-returnable beverage containers, 210 of the voters were opposed. Develop a 92% confidence interval estimate for the proportion of all the voters

  • Q : Determine the size of the sample....
    Basic Statistics :

    Assuming the standard deviation of the population is 1.28, determine the size of the sample.

  • Q : Confidence interval-vote for the democratic candidate....
    Basic Statistics :

    In a random sample of 400 residents of Chattanooga, 320 residents indicated that they voted for the Democratic candidate in the last presidential election. Develop a 95% confidence interval estimate

  • Q : Find decision alternatives open to company by decision trees....
    Basic Statistics :

    Evaluate the decision alternatives open to the company using decision trees.Which alternative should be followed by the Planwell company and what return can be expected?

  • Q : Estimate the proportion of hospital referrals....
    Basic Statistics :

    What size sample would be required to estimate the proportion of hospital referrals with a margin of error of 0.04 or less at 95% confidence?

  • Q : Confidence interval for the mean of the population....
    Basic Statistics :

    The average score of a sample of 87 senior business majors at UTC who took the Graduate Management Admission Test was 510 with a standard deviation of 36. Provide a 98% confidence interval for the m

  • Q : Confidence the margin of error....
    Basic Statistics :

    The manager of a grocery store wants to determine what proportion of people who enter his store are his regular customers. What size sample should he take so that at 97% confidence the margin of err

  • Q : Probability of estimating the mean monthly income....
    Basic Statistics :

    The monthly starting salaries of students who receive an MBA degree have a population standard deviation of $110. What size sample should be selected to obtain a 0.95 probability of estimating the m

  • Q : Average waiting time of all patients who visit doctor....
    Basic Statistics :

    A sample of 36 patients in a doctor's office showed that they had to wait an average of 45 minutes with a standard deviation of 10 minutes before they could see the doctor. Provide a 90% confidence

  • Q : Confident that the margin of error will not exceed....
    Basic Statistics :

    If the standard deviation of the lifetime of a vacuum cleaner is estimated to be 300 hours, how large of a sample must be taken in order to be 97% confident that the margin of error will not exceed

  • Q : Confidence interval estimate-average daily tonnage of coal....
    Basic Statistics :

    A coal company wants to determine a 95% confidence interval estimate for the average daily tonnage of coal that they mine. Assuming that the company reports that the standard deviation of daily outp

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