Intro to Confidence Intervals

True or False: The more confident you want to be, the smaller your confidence interval will be.

• True

• False

What can you do to reduce the margin of error?

• increase the confidence level

• decrease the confidence level

• increase sample size

• decrease sample size

A 90% confidence interval for the average salary of all CEOs in the electronics industry was constructed using the results of a random survey of 45 CEOs. The interval was $139,048 to $154,144. Give the interpretation of the interval.

• 90% of the sampled CEOs have salaries that fell in the interval $139,048 to $154,144

• We are 90% confident that the mean salary of all CEOs in the electronics industry falls in the interval $139,048 to $154,144.

• There is a 90% chance that CEOs in the electronics industry have salaries that fall between $139,048 to $154,144

• We are 90% confident that the mean salary of the sampled CEOs falls in the interval $139,048 to $154,144.

A 90% confidence interval for the mean speed driven by cars on Due West Road is given by (21, 45). What was the margin of error of this interval?

• 12

• 24

• 33

• None of these.

A 90% confidence interval for the mean speed driven by cars on Due West Road is given by (21, 45). What was the sample mean of this study?

• 12

• 24

• 33

• None of these.

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

The football coach randomly selected ten players and timed how long each player took to perform a certain drill. The times (in minutes) were: 13.2,  5.1,  7.5,  8.0,  12.7,  7.6,  13.8,  14.5,  7.7, and 10.5.  Determine a 95 percent confidence interval for the mean time for all players.

• 12.30 < μ < 7.82

•  7.82 < μ < 12.30

• 7.72 < μ < 12.40

• 12.40 < μ < 7.72

Which of the following does NOT have an affect on the width of a confidence interval?

• Sample mean

• t*

• Sample standard deviation

• Sample size

A confidence interval is centered around...

• a parameter

• a statistic

• the sample size

• the population size

An IQ test was given to a simple random sample of 75 students at a certain college. The sample mean score was 105.2. Scores on this test are known to have a standard deviation of 10. It is desired to construct a 90% confidence interval for the mean IQ scores of the students at the college. What is the point estimate?

• 75

• 105.2

• 10

• 0.90