ESTIMATION OF THE MEAN AND PROPORTION

1. A sample of size 90 from a population having standard deviation = 10 produced a mean of 48. The 99% confidence interval for the population mean (rounded to two decimal places) is: 2. A sample of size 85 from a population having standard deviation = 60 produced a mean of 270.00. The 95% confidence interval for the population mean (rounded to two decimal places) is: 3. A random sample of 88 customers, who visited a department store, spent an average of $78 at this store. Suppose the standard deviation of expenditures at this store is = $22. The 98% confidence interval for the population mean (rounded to two decimal places) is: 4. The mean IQ score of a sample of 66 students selected from a high school is 91. Suppose the standard deviation of IQ's at this school is = 8.7. The 99% confidence interval for the population mean (rounded to two decimal places) is: 5. The mean federal income tax paid last year by a random sample of 40 persons selected from a city was $4214. Suppose the standard deviation of tax paid in this city is = $710. The 95% confidence interval for the population mean (rounded to two decimal places) is: 6. A sample of 20 elements produced a mean of 77.2 and a standard deviation of 12.00. Assuming that the population has a normal distribution, the 90% confidence interval for the population mean is: 7. A sample of 25 elements produced a mean of 116.3 and a standard deviation of 16.92. Assuming that the population has a normal distribution, the 90% confidence interval for the population mean, rounded to two decimal places, is: 8. A random sample of 23 tourists who visited Hawaii this summer spent an average of $1398.00 on this trip with a standard deviation of $264.00. Assuming that the money spent by all tourists who visit Hawaii has an approximate normal distribution, the 95% confidence interval for the average amount of money spent by all tourists who visit Hawaii, rounded to two decimal places, is:

9. A random sample of 12 life insurance policy holders showed that the mean value of their life insurance policies is $194000 with a standard deviation of $49200. Assuming that the values of life insurance policies for all such policy holders are approximately normally distributed, the 99% confidence interval for the mean value of all life insurance policies, rounded to two decimal places, is: 10. A random sample of 8 houses selected from a city showed that the mean size of these houses is 1819.0 square feet with a standard deviation of 307.00 square feet. Assuming that the sizes of all houses in this city have an approximate normal distribution, the 90% confidence interval for the mean size of all houses in this city, rounded to two decimal places, is: 11. A random sample of 513 produced a sample proportion of 0.68. The 95% confidence interval for the population proportion, rounded to four decimal places, is: 12. A random sample of 244 produced a sample proportion of 0.44. The 98% confidence interval for the population proportion, rounded to four decimal places, is: 13. A random sample of 1055 adults showed that 31% of them are smokers. Based on this sample, the 90% confidence interval for the proportion of all adults who are smokers, rounded to four decimal places, is: 14. In a random sample of 511 items produced by a machine, the quality control staff found 5.5% to be defective. Based on this sample, the 95% confidence interval for the proportion of defective items in all items produced by this machine, rounded to four decimal places, is: 15. A random sample of 984 families selected from a large city showed that 18.7% of them make $100,000 or more per year. Based on this sample, the 99% confidence interval for the proportion of all families living in this city who make $100,000 or more per year, rounded to four decimal places, is: 16. A random sample of 720 persons showed that 16.8% do not have any health insurance. Based on this sample, the 95% confidence interval for the proportion of all persons who do not have any health insurance, rounded to four decimal places, is:

17. A researcher wants to make a 99% confidence interval for a population mean. She wants the margin of error to be within 5.2 of the population mean. The population standard deviation is 18.74. The sample size that will yield a margin of error within 5.2 of the population mean is: 18. A researcher wants to make a 95% confidence interval for a population mean. She wants the margin of error to be within 1.8 of the population mean. The population standard deviation is 11.15. The sample size that will yield a margin of error within 1.8 of the population mean is: 19. A researcher wants to estimate the mean age of all Business Week readers at a 99% confidence level. She wants the margin of error to be within 3.2 years of the population mean. The standard deviation of ages of all Business Week readers is 8.94 years. The sample size that will yield a margin of error within 3.2 of the population mean is: 20. A company wants to estimate the mean net weight of all 32-ounce packages of its Yummy Taste cookies at a 95% confidence level. The margin of error is to be within 0.025 ounces of the population mean. The population standard deviation is 0.096 ounces. The sample size that will yield a margin of error within 0.025 ounces of the population mean is: 21. A researcher wants to make a 99% confidence interval for a population proportion. A preliminary sample produced the sample proportion of 0.670. The sample size that would limit the margin of error to be within 0.021 of the population proportion is: 22. A researcher wants to make a 99% confidence interval for a population proportion. The most conservative estimate of the sample size that would limit the margin of error to be within 0.048 of the population proportion is: 23. A company wants to estimate, at a 95% confidence level, the proportion of all families who own its product. A preliminary sample showed that 35.5% of the families in this sample own this company's product. The sample size that would limit the margin of error to be within 0.044 of the population proportion is: 24. A company wants to estimate, at a 95% confidence level, the proportion of all families who own its product. The most conservative estimate of the sample size that would limit the margin of error to be within 0.040 of the population proportion is:

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25. The Labor Bureau wants to estimate, at a 90% confidence level, the proportion of all households that receive welfare. The most conservative estimate of the sample size that would limit the margin of error to be within 0.022 of the population proportion is: 26. The Labor Bureau wants to estimate, at a 90% confidence level, the proportion of all households that receive welfare. A preliminary sample showed that 21.0% of households in this sample receive welfare. The sample size that would limit the margin of error to be within 0.037 of the population proportion is: 27. A scientist is estimating the mean lifetime of a newly-discovered insect. From a sample of 91 insects, she finds a sample mean of 46.6 days. Suppose that the population standard deviation of all lifetimes is 2.825 days. What are the boundaries for a 90% confidence interval for the mean lifetime of the insect, rounded to two decimal places? 28. The Eks Survey Company employs 2000 people to conduct telephone surveys. Because many people don't like to answer such surveys, many "hang-ups" (whereby the person hangs up without completing the survey) occur. The owner of Eks wants to determine the mean number of "hang-ups" per employee on a particular day, using 95% confidence. He samples 49 employees, and finds that the mean number of "hang-ups" on that day was 38.3. Suppose that the standard deviation of the number of "hang-ups" for all employees is 19.7 What is the value of the margin of error? (round to four decimal places) 29. We are using the mean of a sample as a point estimate for the mean of a normal distribution with a standard deviation of 5. The margin of error, with 95% confidence, for this estimate is 1.255. What is the sample size? 30. n 1 A t distribution has a standard deviation of n 3 . If the standard deviation is equal to 1.1180, what is the value of the t critical value for a 90% confidence interval?

31. Each employee of a large company is encouraged to contribute, through payroll deduction, to an international charity. Annual contributions per employee follow (approximately) a normal distribution. You take a random sample of 25 employees and find that the sample mean annual contribution per employee is $506 with a standard deviation of $17.95. What are the boundaries for a 99% confidence interval for the population mean, rounded to two decimal places?

32. In a 1997 poll of 247 male, married, upper-level managers conducted by Joy Schneer and Frieda Reitman for Fortune magazine, 27% of the men stated that their wives worked either full-time or part-time (Fortune, March 17, 1997). What are the boundaries for a 99% confidence interval for p, the proportion of all male, married, upper-level managers whose wives work? 33. An advisor to the mayor of a large city wants to estimate, within 2.125 minutes, the mean travel time to work for all employees who work within the city limits. He knows that the standard deviation of all travel times is 12.65 minutes. He also wants to achieve a 95% confidence interval. He will poll a random sample of city employees. How many employees should he poll? 34. Out of a sample of 590 gasoline purchases at a self-service gas station, 496 were made with a credit or debit card. Obtain the predeterminated margin of error. Round your answer to three decimal places.

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Answer Key
1A. 1B. 2A. 2B. 3A. 3B. 4A. 4B. 5A. 5B. 6A. 6B. 7A. 7B. 8A. 8B. 9A. 9B. 10A. 10B. 11A. 11B. 12A. 12B. 13A. 13B. 14A. 14B. 15A. 15B. 16A. 16B. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27A. 27B. The lower limit is 45.28 The upper limit is 50.72 The lower limit is 257.24 The upper limit is 282.76 The lower limit is $72.54 The upper limit is $83.46 The lower limit is 88.24 The upper limit is 93.76 The lower limit is $3993.97 The upper limit is $4434.03 the lower limit is 72.56 (rounded to two decimal places) the upper limit is 81.84 (rounded to two decimal places) the lower limit is 110.51 the upper limit is 122.09 The lower limit is $1283.83 The upper limit is $1512.17 the lower limit is $149,886.05 the upper limit is $238,113.95 the lower limit is 1613.32 the upper limit is 2024.68 the lower end point is 0.6396 the upper end point is 0.7204 the lower end point is 0.3660 the upper end point is 0.5140 the lower end point is 0.2865 the upper end point is 0.3335 the lower end point is 0.0352 the upper end point is 0.0748 the lower end point is 0.1549 the upper end point is 0.2191 the lower end point is 0.1407 the upper end point is 0.1953 87 148 52 57 3338 723 455 601 1407 330 The lower limit is 46.11 The upper limit is 47.09

28. 29. 30. 31A. 31B. 32A. 32B. 33. 34.

5.5160 61 1.812 The lower limit is $495.96 The upper limit is $516.04 The lower limit is 0.1971 (rounded to four decimal places) The upper limit is 0.3429 (rounded to four decimal places) 137 0.015

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