A local bank needs information concerning the savings account balances of its customers. A random sample of 13 accounts was checked. The mean balance was $686.75 with a sample standard deviation of $256.20. Find a 95% confidence interval for the true mean.
Confidence Intervals for Normal and T-Distributions

Quiz
•
Mathematics
•
12th Grade
•
Hard
Anthony Clark
FREE Resource
19 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
($513.14, $860.36)
($525.59, $847.91)
($533.27, $840.23)
($531.92, $841.58)
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the t value associated with 90% confidence and a sample size of 15?
341
345
761
753
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following does NOT have an affect on the width of a confidence interval?
Sample mean
t*
Sample standard deviation
Sample size
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A 90% confidence interval for the mean speed driven by cars on East Main St. is given by (21, 45). What was the sample mean of this study?
12
24
33
None of these.
5.
DRAG AND DROP QUESTION
1 min • 2 pts
A study surveyed a random sample of 45 students in the high school and found a mean savings of 1800 dollars with a standard deviation of 150 dollars.
Use the normal distribution/empirical rule to estimate a 95% CONFIDENCE INTERVAL for the mean.
*Round to a WHOLE NUMBER
( (a) , (b) )
1755
1845
1793
18007
1650
1750
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
For a class project, a student in a statistics class surveys the monthly rent for 32 unfurnished one-bedroom apartments in Boston and finds the mean monthly rent to be $1400 with a standard deviation of $220. Find the 95% confidence interval for the population mean Round to the nearest hundredth
[1322.22, 1477.78]
[1395.69, 1404.31]
[1211.22, 1588.78]
[905.03, 1894.97]
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why do we use a t-distribution instead of a z-distribution for means?
Because the population standard deviation is UNKNOWN and it accounts for a greater variability present in SMALL samples.
It allows us to decrease the margin of error without increasing our confidence level.
It allows us to use the population standard deviation.
Because the population standard deviation is KNOWN and it accounts for a greater variability present in LARGE samples.
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