Question

When constructing a confidence interval estimate for a population mean​ (when the standard deviation of the...

When constructing a confidence interval estimate for a population mean​ (when the standard deviation of the population is​ known), what is the calculation that has to be made to obtain the error​ margin? A. You multiply the number of standard deviations by the standard deviation of the sampling distribution of sample means. B. You subtract the sample mean from the population mean and then divide by the standard deviation of the population. C. You divide the standard deviation of the sampling distribution of sample means by the​ square-root of the sample size. D. You add the​ four-digit decimal associated with the confidence interval to​ 1.000, and then divide the result by 2

Homework Answers

Answer #1

For a confidence interval of population mean  
the margin of error (ME) is calculated as   

where z is the standard normal score for the required confidence level  
s is the sample standard deviation  
and   
n is the sample size  
  
   is also the standard deviation of the sampling distribution of the means
  
and  
z   is also the number of standard deviations for the required confidence level
  
Thus, the correct answer is   
A.    You multiply the number of standard deviations by the standard deviation of the sampling distribution of sample means.  

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
In constructing a 99% confidence level estimate of the mean when the population standard deviation (σ)...
In constructing a 99% confidence level estimate of the mean when the population standard deviation (σ) is unknown and the sample size is 35, what will be your t score used in the formula?
In constructing a 95% confidence level estimate of the mean when the population standard deviation (σ)...
In constructing a 95% confidence level estimate of the mean when the population standard deviation (σ) is known what will be your z score used in the formula?
True or false: 1. When constructing a confidence interval for a sample Mean, the t distribution...
True or false: 1. When constructing a confidence interval for a sample Mean, the t distribution is appropriate whenever the sample size is small. 2. The sampling distribution of X (X-bar) is not always a normal distribution. 3. The reason sample variance has a divisor of n-1 rather than n is that it makes the sample standard deviation an unbiased estimate of the population standard deviation. 4. The error term is the difference between the actual value of the dependent...
The width of a confidence interval estimate for a population mean when the population standard deviation...
The width of a confidence interval estimate for a population mean when the population standard deviation is known will (A)   become narrower if the size of the sample being used is increased and the confidence level is unchanged. (B)    not change if only the sample size is increased. (C)    become wider if the sample size remains the same and the confidence level decreases. (D)   become narrower if the size of the sample is decreased and the confidence level is unchanged....
A sample​ mean, sample​ size, population standard​ deviation, and confidence level are provided. Use this information...
A sample​ mean, sample​ size, population standard​ deviation, and confidence level are provided. Use this information to complete parts​ (a) through​ (c) below. x=54, n=14, σ=5, confidence level=99% A. Use the​ one-mean z-interval procedure to find a confidence interval for the mean of the population from which the sample was drawn. The confidence interval is from ___to___ B. Obtain the margin of error by taking half the length of the confidence interval. What is the length of the confidence​ interval?...
Question 1. Which of the following is the CORRECT interpretation of a 95% confidence interval? a)...
Question 1. Which of the following is the CORRECT interpretation of a 95% confidence interval? a) There is a 95% probability that the interval contains the population value b) There is a 95% chance that the true population value is inside the interval c) if we sampled from a population repeatedly and created confidence intervals, 95% of those confidence intervals would contain the population mean d) We are 95% sure of the sample statistic Question 2. What is the mean...
Consider the following statements concerning confidence interval estimates: A. The use of the pooled variance estimator...
Consider the following statements concerning confidence interval estimates: A. The use of the pooled variance estimator when constructing a confidence interval for the difference between means requires the assumption that the population variances are equal. B. The width of a confidence interval estimate for the proportion, or for mean when the population standard deviation is known, is inversely proportional to the square root of the sample size. C. To determine the sample size required to achieve a desired precision in...
1. To estimate the standard error of the mean, a survey researcher will: Select one: a....
1. To estimate the standard error of the mean, a survey researcher will: Select one: a. take the square root of the sample standard deviation. b. none of the above. c. multiply the sample standard deviation times the square root of the sample size. d. divide the sample standard deviation by the square root of sample size. 2. Suppose that a business researcher is attempting to estimate the amount that members of a target market segment spend annually on detergent...
A certain test has a population mean (mu) of 285 with a population standard deviation (sigma)...
A certain test has a population mean (mu) of 285 with a population standard deviation (sigma) or 125. You take an SRS of size 400 find that the sample mean (x-bar) is 288. The sampling distribution of x-bar is approximately Normal with mean: The sampling distribution of x-bar is approximately Normal with standard deviation: Based on this sample, a 90% confidence interval for mu is: Based on this sample, a 95% confidence interval for mu is: Based on this sample,...
The 95% confidence interval estimate for a population variance when a sample standard deviation of 12...
The 95% confidence interval estimate for a population variance when a sample standard deviation of 12 is obtained from a sample of 61 items is