Essential Statistics
2nd Edition
ISBN: 9781259570643
Author: Navidi
Publisher: MCG
expand_more
expand_more
format_list_bulleted
Videos
Question
Chapter 7, Problem 1CQ
a.
To determine
Explain the term point estimate.
a.
Expert Solution
Explanation of Solution
Point estimate:
It is the single number which is used to estimate the value of an unknown parameter.
b.
To determine
Explain the term confidence interval.
b.
Expert Solution
Explanation of Solution
Confidence interval:
The interval which is used to estimate the value of a parameter is termed as confidence interval.
c.
To determine
Explain the term confidence level.
c.
Expert Solution
Explanation of Solution
Confidence level:
The confidence level is the percentage between 0% and 100% which measures the success rate of the method that is used to construct a confidence interval. When many samples are drawn and used each one to construct a confidence interval then the whole percentage of the confidence interval that cover the true value which would be equal to the confidence level.
Want to see more full solutions like this?
Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
Determine if you should use a confidence interval for the mean or a confidence interval for
proportions for each variable:
a. The number of hot dogs eaten in a day
b. The percentage of cancer patients who recover after treatment
c. The micrograms of cholesterol in a person's blood stream
d. The percentage of defective products in a shipment
You can decrease the width of a confidence interval by:
a.lowering the confidence level or decreasing the sample size
b. lowering the confidence level or increasing the sample size
c. increasing the confidence level or increasing the sample size
d. increasing the confidence level or decreasing the sample size
The actual percentage of Americans who support same-sex relations is an example of a(n)
a. estimation.
b. sample.
c. confidence interval.
d. population parameter.
Chapter 7 Solutions
Essential Statistics
Ch. 7.1 - Prob. 1CYUCh. 7.1 - Prob. 2CYUCh. 7.1 - Prob. 3CYUCh. 7.1 - Prob. 4CYUCh. 7.1 - Prob. 5CYUCh. 7.1 - Prob. 6CYUCh. 7.1 - Prob. 7CYUCh. 7.1 - Prob. 8CYUCh. 7.1 - Prob. 9CYUCh. 7.1 - 10. Using the output in Exercise 9:
Find the...
Ch. 7.1 - Prob. 11CYUCh. 7.1 - 12. The researchers now plan to construct a 99%...Ch. 7.1 - Prob. 13CYUCh. 7.1 - 14. An IQ test is designed to have scores that...Ch. 7.1 - Prob. 15CYUCh. 7.1 - Prob. 16CYUCh. 7.1 - In Exercises 17–20, fill in each blank with the...Ch. 7.1 - In Exercises 17–20, fill in each blank with the...Ch. 7.1 - Prob. 19ECh. 7.1 - In Exercises 17–20, fill in each blank with the...Ch. 7.1 - In Exercises 21–24, determine whether the...Ch. 7.1 - Prob. 22ECh. 7.1 - Prob. 23ECh. 7.1 - Prob. 24ECh. 7.1 - Prob. 25ECh. 7.1 - In Exercises 25–28, find the critical value zα∕2...Ch. 7.1 - Prob. 27ECh. 7.1 - Prob. 28ECh. 7.1 - Prob. 29ECh. 7.1 - In Exercises 29–32, find the levels of the...Ch. 7.1 - Prob. 31ECh. 7.1 - Prob. 32ECh. 7.1 - Prob. 33ECh. 7.1 - Prob. 34ECh. 7.1 - Prob. 35ECh. 7.1 - 36. A sample of size n = 64 is drawn from a...Ch. 7.1 - 37. A sample of size n = 10 is drawn from a normal...Ch. 7.1 - 38. A sample of size n = 80 is drawn from a normal...Ch. 7.1 - Prob. 39ECh. 7.1 - Prob. 40ECh. 7.1 - Prob. 41ECh. 7.1 - Prob. 42ECh. 7.1 - 43. SAT scores: A college admissions officer takes...Ch. 7.1 - Prob. 44ECh. 7.1 - Prob. 45ECh. 7.1 - Prob. 46ECh. 7.1 - Prob. 47ECh. 7.1 - Prob. 48ECh. 7.1 - Prob. 49ECh. 7.1 - Prob. 50ECh. 7.1 - Prob. 51ECh. 7.1 - Prob. 52ECh. 7.1 - Prob. 53ECh. 7.1 - Prob. 54ECh. 7.1 - Prob. 55ECh. 7.1 - 56. Different standard deviations: Martin and...Ch. 7.1 - Prob. 57ECh. 7.1 - Prob. 58ECh. 7.1 - Prob. 59ECh. 7.1 - Prob. 60ECh. 7.1 - Prob. 61ECh. 7.1 - Prob. 62ECh. 7.1 - Prob. 63ECh. 7.1 - Prob. 64ECh. 7.1 - Interpret computer output: The following MINITAB...Ch. 7.1 - Interpret computer output: The following MINITAB...Ch. 7.1 - Prob. 67ECh. 7.1 - Prob. 68ECh. 7.2 - Prob. 1CYUCh. 7.2 - Prob. 2CYUCh. 7.2 - 3. A potato chip company wants to evaluate the...Ch. 7.2 - Prob. 4CYUCh. 7.2 - Prob. 5CYUCh. 7.2 - Prob. 6CYUCh. 7.2 - Prob. 7ECh. 7.2 - In Exercises 7 and 8, fill in each blank with the...Ch. 7.2 - In Exercises 9 and 10, determine whether the...Ch. 7.2 - In Exercises 9 and 10, determine whether the...Ch. 7.2 - Prob. 11ECh. 7.2 - Prob. 12ECh. 7.2 - Prob. 13ECh. 7.2 - 14. A sample of size n = 22 is drawn from a normal...Ch. 7.2 - 15. A sample of size n = 12 is drawn from a normal...Ch. 7.2 - Prob. 16ECh. 7.2 - 17. A sample of size n = 15 has sample mean and...Ch. 7.2 - Prob. 18ECh. 7.2 - Prob. 19ECh. 7.2 - Prob. 20ECh. 7.2 - Prob. 21ECh. 7.2 - Prob. 22ECh. 7.2 - 23. Fake Twitter followers: Many celebrities and...Ch. 7.2 - Prob. 24ECh. 7.2 - Prob. 25ECh. 7.2 - 26. Sound it out: Phonics is an instructional...Ch. 7.2 - Prob. 27ECh. 7.2 - Prob. 28ECh. 7.2 - Baby weights: Following are weights, in pounds, of...Ch. 7.2 - Eat your cereal: Boxes of cereal are labeled as...Ch. 7.2 - Prob. 31ECh. 7.2 - Mortgage rates: Following are interest rates...Ch. 7.2 - Prob. 33ECh. 7.2 - Big salary for the boss: Following is the total...Ch. 7.2 - Prob. 35ECh. 7.2 - Prob. 36ECh. 7.2 - Prob. 37ECh. 7.2 - Sleeping outlier: A simple random sample of eight...Ch. 7.2 - Prob. 39ECh. 7.2 - Prob. 40ECh. 7.2 - Prob. 41ECh. 7.2 - Prob. 42ECh. 7.2 - Prob. 43ECh. 7.2 - Prob. 44ECh. 7.2 - Prob. 45ECh. 7.2 - Interpret computer output: The following MINITAB...Ch. 7.2 - Prob. 47ECh. 7.3 - A simple random sample of 200 third-graders in a...Ch. 7.3 - Prob. 2CYUCh. 7.3 - A pollster is going to sample a number of voters...Ch. 7.3 - Prob. 4CYUCh. 7.3 - Prob. 5CYUCh. 7.3 - In a simple random sample of 15 seniors from a...Ch. 7.3 - Prob. 7ECh. 7.3 - Prob. 8ECh. 7.3 - Prob. 9ECh. 7.3 - Prob. 10ECh. 7.3 - In Exercises 11–14, find the point estimate, the...Ch. 7.3 - In Exercises 11–14, find the point estimate, the...Ch. 7.3 - Prob. 13ECh. 7.3 - In Exercises 11–14, find the point estimate, the...Ch. 7.3 - In Exercises 15–18, use the given data to...Ch. 7.3 - In Exercises 15–18, use the given data to...Ch. 7.3 - Prob. 17ECh. 7.3 - Prob. 18ECh. 7.3 - Smart phone: Among 238 cell phone owners aged...Ch. 7.3 - Working at home: According to the U.S. Census...Ch. 7.3 - Sleep apnea: Sleep apnea is a disorder in which...Ch. 7.3 - Internet service: An Internet service provider...Ch. 7.3 - Volunteering: The General Social Survey recently...Ch. 7.3 - SAT scores: A college admissions officer sampled...Ch. 7.3 - WOW: In the computer game World of Warcraft, some...Ch. 7.3 - Contaminated water: In a sample of 42 water...Ch. 7.3 - Call me: A sociologist wants to construct a 95%...Ch. 7.3 - Reading proficiency: An educator wants to...Ch. 7.3 - Surgical complications: A medical researcher wants...Ch. 7.3 - Prob. 30ECh. 7.3 - Changing jobs: A sociologist sampled 200 people...Ch. 7.3 - Prob. 32ECh. 7.3 - Small sample: Eighteen concrete blocks were...Ch. 7.3 - Prob. 34ECh. 7.3 - Prob. 35ECh. 7.3 - Prob. 36ECh. 7.3 - Prob. 37ECh. 7.3 - Prob. 38ECh. 7.3 - Prob. 39ECh. 7.3 - Prob. 40ECh. 7.3 - Prob. 41ECh. 7.3 - Prob. 42ECh. 7.3 - Prob. 43ECh. 7.4 - Prob. 1CYUCh. 7.4 - Prob. 2CYUCh. 7.4 - Prob. 3CYUCh. 7.4 - In Exercises 1–4, state which type of parameter is...Ch. 7.4 - Prob. 5ECh. 7.4 - In Exercises 5–10, state which type of parameter...Ch. 7.4 - In Exercises 5–10, state which type of parameter...Ch. 7.4 - Prob. 8ECh. 7.4 - Prob. 9ECh. 7.4 - Prob. 10ECh. 7.4 - Prob. 11ECh. 7.4 - Prob. 12ECh. 7.4 - Prob. 13ECh. 7.4 - Credit card debt: In a survey of 1118 U.S. adults...Ch. 7.4 - Pneumonia: In a simple random sample of 1500...Ch. 7.4 - Prob. 16ECh. 7 - Prob. 1CQCh. 7 - Prob. 2CQCh. 7 - Prob. 3CQCh. 7 - Prob. 4CQCh. 7 - Prob. 5CQCh. 7 - Prob. 6CQCh. 7 - Prob. 7CQCh. 7 - Prob. 8CQCh. 7 - Prob. 9CQCh. 7 - Prob. 10CQCh. 7 - Prob. 11CQCh. 7 - Prob. 12CQCh. 7 - Prob. 13CQCh. 7 - Prob. 14CQCh. 7 - Prob. 15CQCh. 7 - Build more parking? A survey is to be conducted in...Ch. 7 - Drill lifetime: A sample of 50 drills had a mean...Ch. 7 - Cost of environmental restoration: In a survey of...Ch. 7 - More repairs: A sample of six records for repairs...Ch. 7 - Automobile pollution: In a random sample of 85...Ch. 7 - Contaminated water: Polychlorinated biphenyls...Ch. 7 - Defective electronics: A simple random sample of...Ch. 7 - Prob. 8RECh. 7 - High octane: Fifty measurements are taken of the...Ch. 7 - Super Bowl: A simple random sample of 140...Ch. 7 - Prob. 11RECh. 7 - Prob. 12RECh. 7 - Leaking tanks: Leakage from underground fuel tanks...Ch. 7 - Prob. 14RECh. 7 - Prob. 15RECh. 7 - Prob. 1WAICh. 7 - What factors can you think of that may affect the...Ch. 7 - Prob. 3WAICh. 7 - Prob. 4WAICh. 7 - Prob. 5WAICh. 7 - When constructing a confidence interval for μ, how...Ch. 7 - Prob. 1CSCh. 7 - Prob. 2CSCh. 7 - Prob. 3CSCh. 7 - Repeat Exercises 1 and 2 for the Year 2 data. The...Ch. 7 - Prob. 5CS
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- The 95% confidence interval generally is: Select one: a. none of these. b. wider than the 99% confidence interval. c. is the same as the 99% confidence interval. d. narrower than the 99% confidence interval.arrow_forwardIf we calculate a 95% confidence interval (CI) instead of a 99% confidence interval, then: A. The midpoint and the width of the CI would increase. B. The midpoint of the CI would decrease, but the width would be unchanged. C. The midpoint and the width of the CI would decrease. D. The midpoint of the CI would be unchanged, but the width would decrease.arrow_forwardUsing the data attached, construct confidence intervals: 1. using the data provided, construct a confidence interval for each confidence level: confidence level: 50%, 80%, 95%, 99% 2. what happens to the EBM as the confidence level increases? Does the width of the confidence interval increase or decrease? Explain why this happens.arrow_forward
- 36. Flights on time 2016 revisited Will your flight get you to your destination on time? The Bureau of Transportation Statis- tics reported the percentage of flights that were delayed each month from 1994 through June of 2016. Here's a histogram, along with some summary statistics: 50 n270 19.696 s 4.214 40 30 20 %23 10 10 15 20 25 30 Delayed % We can consider these data to be a representative sample of all months. There is no evidence of a time trend (r 0,07). a) Check the assumptions and conditions for inference about the mean. # of Monthsarrow_forwardState the exact distribution to use when calculating the confidence interval.arrow_forwardWhat set of factors would produce the narrowest confidence interval for estimating a poulation mean? What set of factors would produce the narrowest confidence interval for estimating a poulation mean? a. A large sample and a small percentage of confidence. b. A large sample and a large percentage of confidence. c. A small sample and a large percentage of confidence. d. A small sample and a small percentage of confidence.arrow_forward
- A survey of 127 patients in a particular hospital determined that 54% of them felt that they were receiving excellent care. a. Determine the 95% confidence interval for this survey, and draw a graph. b. Interpret the confidence interval according to the problem.arrow_forwardWhich of the following will decrease the confidence interval width for the population mean? A) Increase the confidence level and decrease the sample size. B) Increase the confidence level and increase the sample size. C) Decrease the confidence level and increase the sample size. D) Decrease the confidence level and decrease the sample size.arrow_forwardThis can be computed by adding and subtracting a margin of error to the point estimate. 1. Confidence interval 2. Confidence coefficient 3. Confidence level 4. Margin of error 5. Degrees of freedom 6. level of significancearrow_forward
- Explain in words what effect an increase in confidence level would have on the width of the confidence interval.arrow_forwardWhat management interpretation would you give for a 95% confidence interval calculated for the mean? Select one: a. With an infinite number of samples, there is a 5% chance that the population mean will be outside the interval. b. The sampling process is biased. c. More sampling is required to increase the confidence interval to 100%. d. 95% of the observations from any sample will fall within the interval.arrow_forwardAdvertising and Sales. use the technology of your choice to obtain the requested point estimate and confidence interval for the mean total sales, and the predicted value and prediction interval for total sales for television advertising of $9.5 million, magazine advertising of $4.3 million, and radio advertising of $5.2 million.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Hypothesis Testing using Confidence Interval Approach; Author: BUM2413 Applied Statistics UMP;https://www.youtube.com/watch?v=Hq1l3e9pLyY;License: Standard YouTube License, CC-BY
Hypothesis Testing - Difference of Two Means - Student's -Distribution & Normal Distribution; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=UcZwyzwWU7o;License: Standard Youtube License