Finding Confidence Intervals for Mean and Proportions

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 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.

Identify the confidence interval used in the figure below if each shaded area is equal to 0.05.

• 90%

• 95%

• 98%

• 99%

The confidence level of an interval estimate of a parameter is the probability that the interval estimate will contain the parameter.

• True

• False

Find the value of z_c for a 90% confidence interval.

• -1.96 

• 1.645

• 1.440

• -1.598

A sample of 400 racing cars showed that 80 cars cost over $700,000. What is the 99% confidence interval of the true proportion of cars costing over $700,000?

• 0.001 < p < 0.005

• 0.566 < p < 0.693

• 0.148 < p < 0.252

• 0.023 < p < 0.045

Which of the following is an example of an interval estimate?

• point estimate 

• critical value

• confidence interval

• statistic

A __________ gives an interval of plausible values for the _____________. 

• confidence interval, statistic

• point estimate, parameter

• point estimate, statistic

• confidence interval, parameter

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

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