Showing posts with label but we have a sample of 40 observations. Show all posts
Showing posts with label but we have a sample of 40 observations. Show all posts

We wish to develop a confidence interval for the population mean. The shape of the population is not known, but we have a sample of 40 observations

We wish to develop a confidence interval for the population mean. The shape of the population is not known, but we have a sample of 40 observations. We decide to use the 92 percent level of confidence. The appropriate value of z is:
A. 1.96
B. 1.65
C. 2.58
D. 1.75
Qnt561 Qnt/561 Qnt 561 Final Exam Multiple-choice Quiz
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We wish to develop a confidence interval for the population mean. The shape of the population is not known, but we have a sample of 40 observations

11) We wish to develop a confidence interval for the population mean. The shape of the population is not known, but we have a sample of 40 observations. We decide to use the 92% level of confidence. The appropriate value of z is:
A. 1.96

B. 1.75

C. 1.65

D. 2.58



12) A point estimate is
A. Always an estimate of the population mean.
B. Always equal to the population value.

C. An estimate of the population parameter.

D. None of these





) Which of the following is a correct statement about a probability?
A. It may range from 0 to 1.

B. It cannot be reported to more than 1 decimal place.
C. It may assume negative values.

D. It may be greater than 1.



14) Which of the following is not a type of probability?
A. Subjective

B. Relative frequency
C. Classical

D. Independent



15) An experiment is a:
A. Collection of events

B. Always greater than 1.

C. The act of taking a measurement or the observation of some activity.
D. Collection of outcomes.

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