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Please see screenshot below. Thank you so much! Section 1 True or False 1) A point estimate is a range of values used to estimate
Please see screenshot below. Thank you so much!
Section 1 True or False 1) A point estimate is a range of values used to estimate a population parameter. 2) An interval estimate is a range of values in which the population parameter is lilrelv to occur. 3) The 95% condence interval states that 95% of the sample means of a specied sample size selected from a population will lie within plus and minus 1.96 standard deviations of the hypothesized population mean. Section 2 Multiple Choice 4) The mean weight of trucks traveling on a particular section of 14-25 is not known. A state highway inspector needs an estimate of the population mean. He selects and weighs arandom sample of 49 trucks and nds the mean weight is 15.8 tons. The population standard deviation is 3.3 tons. 'What is the 95% condence interval for the population mean? A] 14.? and 16.9 B] 13.2 and 1?.6 C) 16.6 and 26.0 D] 16.1 and 13.1 5) 1Which statements) is(are} correct about the rdistrihution? A} The mean is zero. B] Its shape is symmetric. C) Its dispersion is based on degrees of freedom. D} All apply. 6) A random sample of 30 items is selected from a population. 11When computing a condence interval for the population mean: what number of degrees of 'eedom should he used to determine the appropriate rvalue'r'r A] 39 B) 29 C} 21 D] 25 7) A sample standard deviation is the best point estimate of the A] population range B] population skewness C) population mode [1'] population standard deviation B) 1|E'Jlsen a condence interval for a population mean is constructed from sample data, A) we can conclude that the population mean is in the interval B} we can conclude thatthe populationmean is not in the interval C} we can conclude: for an innite mtmher of samples and corresponding condenee intervals, that the population mean is in a stated percentage of the intervals D) we cannot make an}? inferences 9) A surveyr of 5H retail stores revealed that the average price of a microwave was $375, with a sample standard deviation of $20- Assmring the population is normally distributed, what is the 95% condence interval to estimate the true cost of the microwave? A) $323.41.] to $425150 B} 33723.4(} to $421-60 C) 53513.3(} to $395-30 D) $369.31 to $330159 19) E9594: and 98% condence intervals were developed to estimate the true cost of an MP3 player with a known population stande deviation, what differences would the}; have?I A) The standard errors would be different E} The point estimates of the population mean would be different C} The sample sizes would be different D) The zstatistics would be differentStep by Step Solution
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