Confidence Interval

A sample size of n = 64 is drawn from a population whose standard deviation is σ = 5.6.

Find the margin of error for a 99% confidence interval for µ.

• 1.799

• 1.798

• 1.803

The lifetime of a certain type of batter is known to be normally distributed with a standard deviation of 20 hours. A sample of 50 batteries had a mean lifetime of 120.1 hours. It is desired to construct a 99% confidence interval for the mean lifetime of this type of battery.

What is the Confidence Interval to one decimal place?

• (114.5, 125.6)

• (112.8, 127.4)

• (112.82, 127.38)

• (114.56, 125.64)

If the 95% Confidence Interval for a population mean is (114.56, 125.54), then is it likely that the true population mean µ is greater than 130?

• Yes

• No

• Not enough information

• I have no idea what you're asking of me

A population has a standard deviation of σ = 17.3. How large of a sample must be drawn so that a 95% confidence interval for µ will have a Margin of Error equal to 1.4?

• 586.6

• 587

• 586

• 585

A person selects a random sample of 15 credit cards and determines the annual interest rate, in percent, of each one. The sample mean is 12.42 with a sample standard deviation of 1.3. It is desired to construct a 90% Confidence Interval.

Find the Standard Error to three decimal places.

• 0.336

• 0.33566

• 13.156

• 0.087

You are given two sets of data measuring the same information, both with the same sample size. Set A has a larger Standard Error than Set B. If you were looking for a 99.8% Confidence Interval, which set would have a larger Margin of Error?

• Set A

• Set B

• Not enough information

• I have no idea what you're asking me to do

True or False:

The more confident you want to be, the smaller your confidence interval will be.

• True

• False

True or False:

The larger your confidence interval is, the more sure (higher confidence level) you can be.

• True

• False

In Snow White and the Seven Dwarfs, which dwarf plays the organ? 

• Grumpy
• Doc
• Sneezy
• Dopey