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10/19/2021 Statistics MCQs – Estimation Part 6- Examrace

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Statistics MCQs – Estimation Part 6
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101. Sand is packed into bags which are then weighed on scales. It is known that if full
bags of sand are intended to weigh μ kg, then the weight recorded by the scales will be
normally distributed with a mean μ kg and a standard deviation of 0.4kg. How many
times would a full sack have to be weighed so that the estimate of the weight would be
within 0.15 kg of the true weight with 95 % confidence?

a. 23

b. 43

c. 13

d. 28

e. 18

Answer: D

102. Sand is packed into bags which are then weighed on scales. It is known that if full
bags of sand are intended to weigh μ kg, then the weight recorded by the scales will be
normally distributed with a mean μ kg and a standard deviation of 0.36kg. How many
times would a full sack have to be weighed so that the estimate of the weight would be
within 0.17 kg of the true weight with 95 % confidence?

a. 23

b. 43

c. 13

d. 28

e. 18

Answer: E

103. A researcher wants to investigate the amount of lead per litre of waste water
produced by her company. She plans to use statistical methods to estimate the population
mean of lead content per litre of water. Based on previous recordings she assumes that the
lead content is normally distributed with a standard deviation of 20mg per litre. How

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large a sample should she take to estimate the mean lead content per litre of water to
within 1mg with 95 % confidence?

a. 1537

b. 865

c. 385

d. 2401

e. 97

Answer: A

104. A researcher wants to investigate the amount of lead per litre of waste water
produced by her company. She plans to use statistical methods to estimate the population
mean of lead content per litre of water. Based on previous recordings she assumes that the
lead content is normally distributed with a standard deviation of 15mg per litre. How large
a sample should she take to estimate the mean lead content per litre of water to within
1mg with 95 % confidence?

a. 1537

b. 865

c. 385

d. 2401

e. 97

Answer: B

105. A researcher wants to investigate the amount of lead per litre of waste water
produced by her company. She plans to use statistical methods to estimate the population
mean of lead content per litre of water. Based on previous recordings she assumes that the
lead content is normally distributed with a standard deviation of 20mg per litre. How
large a sample should she take to estimate the mean lead content per litre of water to
within 2mg with 95 % confidence?

a. 1537

b. 865

c. 385

d. 2401

e. 97

Answer: C

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106. A researcher wants to investigate the amount of lead per litre of waste water
produced by her company. She plans to use statistical methods to estimate the population
mean of lead content per litre of water. Based on previous recordings she assumes that the
lead content is normally distributed with a standard deviation of 25mg per litre. How
large a sample should she take to estimate the mean lead content per litre of water to
within 1mg with 95 % confidence?

a. 1537

b. 865

c. 385

d. 2401

e. 97

Answer: D

107. A researcher wants to investigate the amount of lead per litre of waste water
produced by her company. She plans to use statistical methods to estimate the population
mean of lead content per litre of water. Based on previous recordings she assumes that the
lead content is normally distributed with a standard deviation of 20mg per litre. How
large a sample should she take to estimate the mean lead content per litre of water to
within 4mg with 95 % confidence?

a. 1537

b. 865

c. 385

d. 2401

e. 97

Answer: E

108. The financial aid officer at a certain South African university wishes to estimate the
mean cost of textbooks per semester for students. For the estimate to be useful it should
be within R30 of the true population mean. How large a sample should be used in order to
be 95 % confident of achieving this level of accuracy if we know the population standard
deviation is R100.

a. 43

b. 35

c. 97

d. 52

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e. 25

Answer: A

109. The financial aid officer at a certain South African university wishes to estimate the
mean cost of textbooks per semester for students. For the estimate to be useful it should
be within R30 of the true population mean. How large a sample should be used in order to
be 95 % confident of achieving this level of accuracy if we know the population standard
deviation is R90.

a. 43

b. 35

c. 97

d. 52

e. 25

Answer: B

110. The financial aid officer at a certain South African university wishes to estimate the
mean cost of textbooks per semester for students. For the estimate to be useful it should
be within R20 of the true population mean. How large a sample should be used in order to
be 95 % confident of achieving this level of accuracy if we know the population standard
deviation is R100.

a. 43

b. 35

c. 97

d. 52

e. 25

Answer: C

111. The financial aid officer at a certain South African university wishes to estimate the
mean cost of textbooks per semester for students. For the estimate to be useful it should
be within R30 of the true population mean. How large a sample should be used in order to
be 95 % confident of achieving this level of accuracy if we know the population standard
deviation is R110.

a. 43

b. 35

c. 97

d. 52
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e. 25

Answer: D

112. The financial aid officer at a certain South African university wishes to estimate the
mean cost of textbooks per semester for students. For the estimate to be useful it should
be within R40 of the true population mean. How large a sample should be used in order to
be 95 % confident of achieving this level of accuracy if we know the population standard
deviation is R100.

a. 43

b. 35

c. 97

d. 52

e. 25

Answer: E

113. If a random variable, X, follows a normal distribution with a variance of 25, what
sample size should be selected if a 95 % confidence interval for the mean is to be
calculated to within 2 units of the true population mean?

a. 25

b. 62

c. 11

d. 35

e. 97

Answer: A

114. If a random variable, X, follows a normal distribution with a variance of 64, what
sample size should be selected if a 95 % confidence interval for the mean is to be
calculated to within 2 units of the true population mean?

a. 25

b. 62

c. 11

d. 35

e. 97

Answer: B

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115. If a random variable, X, follows a normal distribution with a variance of 25, what
sample size should be selected if a 95 % confidence interval for the mean is to be
calculated to within 3 units of the true population mean?

a. 25

b. 62

c. 11

d. 35

e. 97

Answer: C

116. If a random variable, X, follows a normal distribution with a variance of 36, what
sample size should be selected if a 95 % confidence interval for the mean is to be
calculated to within 2 units of the true population mean?

a. 25

b. 62

c. 11

d. 35

e. 97

Answer: D

117. If a random variable, X, follows a normal distribution with a variance of 25, what
sample size should be selected if a 95 % confidence interval for the mean is to be
calculated to within 1 unit of the true population mean?

a. 25

b. 62

c. 11

d. 35

e. 97

Answer: E

118. A retail banker working at Nedbank wishes to estimate the mean monthly credit card
expenditure of all Nedbank credit card holders. For the estimate to be useful it should be
within R100 of the true population mean. How large a sample should be used in order to
be 95 % confident of achieving this level of accuracy if we know the population standard
deviation is R150.
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a. 9

b. 14

c. 6

d. 35

e. 25

Answer: A

119. A retail banker working at Nedbank wishes to estimate the mean monthly credit card
expenditure of all Nedbank credit card holders. For the estimate to be useful it should be
within R80 of the true population mean. How large a sample should be used in order to be
95 % confident of achieving this level of accuracy if we know the population standard
deviation is R150.

a. 9

b. 14

c. 6

d. 35

e. 25

Answer: B

120. A retail banker working at Nedbank wishes to estimate the mean monthly credit card
expenditure of all Nedbank credit card holders. For the estimate to be useful it should be
within R100 of the true population mean. How large a sample should be used in order to
be 95 % confident of achieving this level of accuracy if we know the population standard
deviation is R120.

a. 9

b. 14

c. 6

d. 35

e. 25

Answer: C

121. A retail banker working at Nedbank wishes to estimate the mean monthly credit card
expenditure of all Nedbank credit card holders. For the estimate to be useful it should be
within R50 of the true population mean. How large a sample should be used in order to be
95 % confident of achieving this level of accuracy if we know the population standard
deviation is R150.
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a. 9

b. 14

c. 6

d. 35

e. 25

Answer: D

122. A retail banker working at Nedbank wishes to estimate the mean monthly credit card
expenditure of all Nedbank credit card holders. For the estimate to be useful it should be
within R100 of the true population mean. How large a sample should be used in order to
be 95 % confident of achieving this level of accuracy if we know the population standard
deviation is R250.

a. 9

b. 14

c. 6

d. 35

e. 25

Answer: E

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10/19/2021 Statistics MCQs – Estimation Part 5- Examrace

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Statistics MCQs – Estimation Part 5
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81. Sand is packed into bags which are then weighed on scales. It is known that if full bags
of sand are intended to weigh μ kg, then the weight recorded by the scales will be normally
distributed with a mean μ kg and a standard deviation of 0.36kg. A particular bag of sand
was weighed ten times and the weight recorded each time was different. The sample mean
weight was recorded as 34.7kg. What is the total width of a 95 % confidence interval for
the true weight of the full bag of sand?

a. 0.71kg

b. 0.36kg

c. 0.98kg

d. 0.45kg

e. 0.90kg

Answer: D

82. Sand is packed into bags which are then weighed on scales. It is known that if full bags
of sand are intended to weigh μ kg, then the weight recorded by the scales will be normally
distributed with a mean μ kg and a standard deviation of 0.36kg. A particular bag of sand
was weighed four times and the weight recorded each time was different. The sample
mean weight was recorded as 38.1kg. What is the total width of a 95 % confidence interval
for the true weight of the full bag of sand?

a. 0.71kg

b. 0.36kg

c. 0.98kg

d. 0.45kg

e. 0.90kg

Answer: A

83. An analyst is conducting a hypothesis test to determine if the mean time spent on
investment research by portfolio managers is different from 3 hours per day. The test uses
a random sample of 64 portfolio managers, where the sample mean time spent on

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research is found to be 2.5 hours. The population standard deviation is 1.5 hours. What is
the half-width (from the middle of the confidence interval to either of the confidence
limits) of the 99 % confidence interval for the population mean time spent on investment
research by portfolio managers?

a. 0.48

b. 0.96

c. 0.64

d. 0.39

e. 0.78

Answer: A

84. An analyst is conducting a hypothesis test to determine if the mean time spent on
investment research by portfolio managers is different from 3 hours per day. The test uses
a random sample of 64 portfolio managers, where the sample mean time spent on
research is found to be 2.7 hours. The population standard deviation is 1.5 hours. What is
the half-width (from the middle of the confidence interval to either of the confidence
limits) of the 99 % confidence interval for the population mean time spent on investment
research by portfolio managers?

a. 0.48

b. 0.96

c. 0.64

d. 0.39

e. 0.78

Answer: A

85. An analyst is conducting a hypothesis test to determine if the mean time spent on
investment research by portfolio managers is different from 3 hours per day. The test uses
a random sample of 64 portfolio managers, where the sample mean time spent on
research is found to be 2.5 hours. The population standard deviation is 2 hours. What is
the half-width (from the middle of the confidence interval to either of the confidence
limits) of the 99 % confidence interval for the population mean time spent on investment
research by portfolio managers?

a. 0.48

b. 0.96

c. 0.64

d. 0.39
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e. 0.78

Answer: C

86. An analyst is conducting a hypothesis test to determine if the mean time spent on
investment research by portfolio managers is different from 3 hours per day. The test uses
a random sample of 100 portfolio managers, where the sample mean time spent on
research is found to be 2.5 hours. The population standard deviation is 1.5 hours. What is
the half-width (from the middle of the confidence interval to either of the confidence
limits) of the 99 % confidence interval for the population mean time spent on investment
research by portfolio managers?

a. 0.48

b. 0.96

c. 0.64

d. 0.39

e. 0.78

Answer: D

87. An analyst is conducting a hypothesis test to determine if the mean time spent on
investment research by portfolio managers is different from 3 hours per day. The test uses
a random sample of 64 portfolio managers, where the sample mean time spent on
research is found to be 2.3 hours. The population standard deviation is 1.5 hours. What is
the half-width (from the middle of the confidence interval to either of the confidence
limits) of the 99 % confidence interval for the population mean time spent on investment
research by portfolio managers?

a. 0.48

b. 0.96

c. 0.64

d. 0.39

e. 0.78

Answer: A

88. A random variable, X, follows a normal distribution with a population standard


deviation of 12. A sample of size 64 is selected from this population and the sample mean
calculated as 45.23. What is the total width of a 90 % confidence interval for the true
population mean in this case?

a. 4.9

b. 6.6
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c. 3.9

d. 3.3

e. 5.6

Answer: A

89. A random variable, X, follows a normal distribution with a population standard


deviation of 16. A sample of size 64 is selected from this population and the sample mean
calculated as 45.23. What is the total width of a 90 % confidence interval for the true
population mean in this case?

a. 4.9

b. 6.6

c. 3.9

d. 3.3

e. 5.6

Answer: B

90. A random variable, X, follows a normal distribution with a population standard


deviation of 12. A sample of size 100 is selected from this population and the sample mean
calculated as 45.23. What is the total width of a 90 % confidence interval for the true
population mean in this case?

a. 4.9

b. 6.6

c. 3.9

d. 3.3

e. 5.6

Answer: C

91. A random variable, X, follows a normal distribution with a population standard


deviation of 8. A sample of size 64 is selected from this population and the sample mean
calculated as 45.23. What is the total width of a 90 % confidence interval for the true
population mean in this case?

a. 4.9

b. 6.6

c. 3.9

d. 3.3
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e. 5.6

Answer: D

92. A random variable, X, follows a normal distribution with a population standard


deviation of 12. A sample of size 49 is selected from this population and the sample mean
calculated as 45.23. What is the total width of a 90 % confidence interval for the true
population mean in this case?

a. 4.9

b. 6.6

c. 3.9

d. 3.3

e. 5.6

Answer: E

93. An economist is interested in studying the monthly incomes of consumers in a


particular region. The population standard deviation of monthly income is known to be
R1000. A random sample of 50 individuals resulted in an average monthly income of
R15000. What is the total width of the 90 % confidence interval?

a. 465

b. 419

c. 444

d. 489

e. 425

Answer: A

94. An economist is interested in studying the monthly incomes of consumers in a


particular region. The population standard deviation of monthly income is known to be
R900. A random sample of 50 individuals resulted in an average monthly income of
R15000. What is the total width of the 90 % confidence interval?

a. 465

b. 419

c. 444

d. 489

e. 425

Answer: B
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95. An economist is interested in studying the monthly incomes of consumers in a


particular region. The population standard deviation of monthly income is known to be
R1000. A random sample of 55 individuals resulted in an average monthly income of
R15000. What is the total width of the 90 % confidence interval?

a. 465

b. 419

c. 444

d. 489

e. 425

Answer: C

96. An economist is interested in studying the monthly incomes of consumers in a


particular region. The population standard deviation of monthly income is known to be
R1050. A random sample of 50 individuals resulted in an average monthly income of
R15000. What is the total width of the 90 % confidence interval?

a. 465

b. 419

c. 444

d. 489

e. 425

Answer: D

97. An economist is interested in studying the monthly incomes of consumers in a


particular region. The population standard deviation of monthly income is known to be
R1000. A random sample of 60 individuals resulted in an average monthly income of
R15000. What is the total width of the 90 % confidence interval?

a. 465

b. 419

c. 444

d. 489

e. 42

Answer: E

98. Sand is packed into bags which are then weighed on scales. It is known that if full bags
of sand are intended to weigh μ kg, then the weight recorded by the scales will be normally
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distributed with a mean μ kg and a standard deviation of 0.36kg. How many times would
a full sack have to be weighed so that the estimate of the weight would be within 0.15 kg of
the true weight with 95 % confidence?

a. 23

b. 43

c. 13

d. 28

e. 18

Answer: A

99. Sand is packed into bags which are then weighed on scales. It is known that if full bags
of sand are intended to weigh μ kg, then the weight recorded by the scales will be normally
distributed with a mean μ kg and a standard deviation of 0.5kg. How many times would a
full sack have to be weighed so that the estimate of the weight would be within 0.15 kg of
the true weight with 95 % confidence?

a. 23

b. 43

c. 13

d. 28

e. 18

Answer: B

100. Sand is packed into bags which are then weighed on scales. It is known that if full
bags of sand are intended to weigh μ kg, then the weight recorded by the scales will be
normally distributed with a mean μ kg and a standard deviation of 0.36kg. How many
times would a full sack have to be weighed so that the estimate of the weight would be
within 0.2 kg of the true weight with 95 % confidence?

a. 23

b. 43

c. 13

d. 28

e. 18

Answer: C

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10/19/2021 Statistics MCQs – Estimation Part 4- Examrace

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Statistics MCQs – Estimation Part 4
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61. In developing a 95 % confidence interval estimate for a population mean, the interval
estimate was (63.54; 68.12) . What was the sample mean?

a. 66.15

b. 65.83

c. 65.35

d. 67.01

e. 66.87

Answer: B

62. In developing a 95 % confidence interval estimate for a population mean, the interval
estimate was (62.15; 68.55) . What was the sample mean?

a. 66.15

b. 65.83

c. 65.35

d. 67.01

e. 66.87

Answer: C

63. In developing a 95 % confidence interval estimate for a population mean, the interval
estimate was (64.78; 69.23) . What was the sample mean?

a. 66.15

b. 65.83

c. 65.35

d. 67.01

e. 66.87

Answer: D

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64. In developing a 95 % confidence interval estimate for a population mean, the interval
estimate was (65.33; 68.41) . What was the sample mean?

a. 66.15

b. 65.83

c. 65.35

d. 67.01

e. 66.87

Answer: E

65. In developing a 95 % confidence interval estimate for a population mean, the interval
estimate was (62.84; 69.46) . Given a sample size of 100, what was the population
standard deviation?

a. 16.89

b. 11.68

c. 16.33

d. 11.35

e. 7.86

Answer: A

66. In developing a 95 % confidence interval estimate for a population mean, the interval
estimate was (63.54; 68.12) . Given a sample size of 100, what was the population
standard deviation?

a. 16.89

b. 11.68

c. 16.33

d. 11.35

e. 7.86

Answer: B

67. In developing a 95 % confidence interval estimate for a population mean, the interval
estimate was (62.15; 68.55) . Given a sample size of 100, what was the population
standard deviation?

a. 16.89

b. 11.68
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c. 16.33

d. 11.35

e. 7.86

Answer: C

68. In developing a 95 % confidence interval estimate for a population mean, the interval
estimate was (64.78; 69.23) . Given a sample size of 100, what was the population
standard deviation?

a. 16.89

b. 11.68

c. 16.33

d. 11.35

e. 7.86

Answer: D

69. In developing a 95 % confidence interval estimate for a population mean, the interval
estimate was (65.33; 68.41) . Given a sample size of 100, what was the population
standard deviation?

a. 16.89

b. 11.68

c. 16.33

d. 11.35

e. 7.86

Answer: E

70. In developing an interval estimate for a population mean, the population standard
deviation was assumed to be 10. The interval estimate was 50.92 ± 2.14. Had the
population standard deviation been 20, what would the interval estimate be?

a. 60.92 ± 2.14

b. 50.92 ± 12.14

c. 101.84 ± 4.28

d. 101.94 ± 12.14

e. 50.92 ± 4.28

Answer: E
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71. In developing an interval estimate for a population mean, the population standard
deviation was assumed to be 5. The interval estimate was 50.92 ± 2.80. Had the
population standard deviation been 10, what would the interval estimate be?

a. 60.92 ± 2.14

b. 50.92 ± 5.60

c. 101.84 ± 4.28

d. 101.94 ± 12.14

e. 50.92 ± 4.28

Answer: B

72. In developing a confidence interval for a population mean, a sample of 50


observations was used. The confidence interval was 19.76 ± 1.32. Had the sample size
been 200 instead of 50, what would the interval estimate have been?

a. 19.76 ± 0.66

b. 19.76 ± 0.33

c. 19.76 ± 2.64

d. 19.76 ± 5.28

e. 39.52 ± 1.32

Answer: A

73. A student conducted a study and reported that the 95 % confidence interval for the
population mean was (46; 54) . He was sure that the population standard deviation was
16. What was the sample size (rounded up to the nearest whole number) used to calculate
this confidence interval?

a. 62

b. 97

c. 110

d. 30

e. 40

Answer: A

74. A student conducted a study and reported that the 95 % confidence interval for the
population mean was (46; 54) . He was sure that the population standard deviation was
20. What was the sample size (rounded up to the nearest whole number) used to calculate
this confidence interval?
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a. 62

b. 97

c. 110

d. 30

e. 40

Answer: B

75. A student conducted a study and reported that the 95 % confidence interval for the
population mean was (46; 52) . He was sure that the population standard deviation was
16. What was the sample size (rounded up to the nearest whole number) used to calculate
this confidence interval?

a. 62

b. 97

c. 110

d. 30

e. 40

Answer: C

76. A student conducted a study and reported that the 95 % confidence interval for the
population mean was (46; 54) . He was sure that the population standard deviation was
11. What was the sample size (rounded up to the nearest whole number) used to calculate
this confidence interval?

a. 62

b. 97

c. 110

d. 30

e. 40

Answer: D

77. A student conducted a study and reported that the 95 % confidence interval for the
population mean was (46; 56) . He was sure that the population standard deviation was
16. What was the sample size (rounded up to the nearest whole number) used to calculate
this confidence interval?

a. 62

b. 97
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c. 110

d. 30

e. 40

Answer: E

78. Sand is packed into bags which are then weighed on scales. It is known that if full bags
of sand are intended to weigh μ kg, then the weight recorded by the scales will be normally
distributed with a mean μ kg and a standard deviation of 0.36kg. A particular bag of sand
was weighed four times and the weight recorded each time was different. The sample
mean weight was recorded as 34.7kg. What is the total width of a 95 % confidence interval
for the true weight of the full bag of sand?

a. 0.71kg

b. 0.36kg

c. 0.98kg

d. 0.45kg

e. 0.90kg

Answer: A

79. Sand is packed into bags which are then weighed on scales. It is known that if full bags
of sand are intended to weigh μ kg, then the weight recorded by the scales will be normally
distributed with a mean μ kg and a standard deviation of 0.36kg. A particular bag of sand
was weighed four times and the weight recorded each time was different. The sample
mean weight was recorded as 36.2kg. What is the total width of a 95 % confidence interval
for the true weight of the full bag of sand?

a. 0.71kg

b. 0.36kg

c. 0.98kg

d. 0.45kg

e. 0.90kg

Answer: A

80. Sand is packed into bags which are then weighed on scales. It is known that if full bags
of sand are intended to weigh μ kg, then the weight recorded by the scales will be normally
distributed with a mean μ kg and a standard deviation of 0.5kg. A particular bag of sand
was weighed four times and the weight recorded each time was different. The sample
mean weight was recorded as 34.7kg. What is the total width of a 95 % confidence interval
for the true weight of the full bag of sand?
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a. 0.71kg

b. 0.36kg

c. 0.98kg

d. 0.45kg

e. 0.90kg

Answer: C

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10/19/2021 Statistics MCQs – Estimation Part 3- Examrace

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Statistics MCQs – Estimation Part 3
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41. Your statistics lecturer wants you to determine a confidence interval estimate for the
mean test mark for the next test. In the past, the test marks have been normally
distributed with a population standard deviation of 25.2. A 95 % confidence interval
estimate if your class has 30 students and a sample mean mark of 74.2 is:

a. 63.14 to 85.26

b. 65.18 to 83.22

c. 65.63 to 82.77

d. 64.14 to 84.26

e. 68.14 to 80.26

Answer: B

42. Your statistics lecturer wants you to determine a confidence interval estimate for the
mean test mark for the next test. In the past, the test marks have been normally
distributed with a population standard deviation of 30.9. A 95 % confidence interval
estimate if your class has 50 students and a sample mean mark of 74.2 is:

a. 63.14 to 85.26

b. 65.18 to 83.22

c. 65.63 to 82.77

d. 64.14 to 84.26

e. 68.14 to 80.26

Answer: C

43. Your statistics lecturer wants you to determine a confidence interval estimate for the
mean test mark for the next test. In the past, the test marks have been normally
distributed with a population standard deviation of 28.1. A 95 % confidence interval
estimate if your class has 30 students and a sample mean mark of 74.2 is:

a. 63.14 to 85.26

b. 65.18 to 83.22

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c. 65.63 to 82.77

d. 64.14 to 84.26

e. 68.14 to 80.26

Answer: D

44. Your statistics lecturer wants you to determine a confidence interval estimate for the
mean test mark for the next test. In the past, the test marks have been normally
distributed with a population standard deviation of 30.9. A 95 % confidence interval
estimate if your class has 100 students is and a sample mean mark of 74.2:

a. 63.14 to 85.26

b. 65.18 to 83.22

c. 65.63 to 82.77

d. 64.14 to 84.26

e. 68.14 to 80.26

Answer: E

45. An economist is interested in studying the monthly incomes of consumers in a


particular region. The population standard deviation of monthly income is known to be
R1000. A random sample of 50 individuals resulted in an average monthly income of
R15000. What is the upper end point in a 99 % confidence interval for the average
monthly income in this region?

a. R15364

b. R15328

c. R15347

d. R15382

e. R15332

Answer: A

46. An economist is interested in studying the monthly incomes of consumers in a


particular region. The population standard deviation of monthly income is known to be
R900. A random sample of 50 individuals resulted in an average monthly income of
R15000. What is the upper end point in a 99 % confidence interval for the average
monthly income in this region?

a. R15364

b. R15328

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c. R15347

d. R15382

e. R15332

Answer: B

47. An economist is interested in studying the monthly incomes of consumers in a


particular region. The population standard deviation of monthly income is known to be
R1000. A random sample of 55 individuals resulted in an average monthly income of
R15000. What is the upper end point in a 99 % confidence interval for the average
monthly income in this region?

a. R15364

b. R15328

c. R15347

d. R15382

e. R15332

Answer: C

48. An economist is interested in studying the monthly incomes of consumers in a


particular region. The population standard deviation of monthly income is known to be
R1050. A random sample of 50 individuals resulted in an average monthly income of
R15000. What is the upper end point in a 99 % confidence interval for the average
monthly income in this region?

a. R15364

b. R15328

c. R15347

d. R15382

e. R15332

Answer: D

49. An economist is interested in studying the monthly incomes of consumers in a


particular region. The population standard deviation of monthly income is known to be
R1000. A random sample of 60 individuals resulted in an average monthly income of
R15000. What is the upper end point in a 99 % confidence interval for the average
monthly income in this region?

a. R15364

b. R15328
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c. R15347

d. R15382

e. R15332

Answer: E

50. On the basis of a random sample of 100 men from a particular province in South
Africa, a 95 % confidence interval for the mean height of men in the province is found to
be (177.22 cm; 179.18 cm) . What is the value of the sample mean for this sample?

a. 178.20cm

b. 179.24cm

c. 177.38cm

d. 178.42cm

e. 176.58cm

Answer: A

51. On the basis of a random sample of 100 men from a particular province in South
Africa, a 95 % confidence interval for the mean height of men in the province is found to
be (178.54 cm; 179.94 cm) . What is the value of the sample mean for this sample?

a. 178.20cm

b. 179.24cm

c. 177.38cm

d. 178.42cm

e. 176.58cm

Answer: B

52. On the basis of a random sample of 100 men from a particular province in South
Africa, a 95 % confidence interval for the mean height of men in the province is found to
be (176.50 cm; 178.26 cm) . What is the value of the sample mean for this sample?

a. 178.20cm

b. 179.24cm

c. 177.38cm

d. 178.42cm

e. 176.58cm

Answer: C
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53. On the basis of a random sample of 100 men from a particular province in South
Africa, a 95 % confidence interval for the mean height of men in the province is found to
be (177.89 cm; 178.95 cm) . What is the value of the sample mean for this sample?

a. 178.20cm

b. 179.24cm

c. 177.38cm

d. 178.42cm

e. 176.58cm

Answer: D

54. On the basis of a random sample of 100 men from a particular province in South
Africa, a 95 % confidence interval for the mean height of men in the province is found to
be (175.90 cm; 177.25 cm) . What is the value of the sample mean for this sample?

a. 178.20cm

b. 179.24cm

c. 177.38cm

d. 178.42cm

e. 176.58cm

Answer: E

55. On the basis of a random sample of 100 men from a particular province in South
Africa, a 95 % confidence interval for the mean height of men in the province is found to
be (177.22 cm; 179.18 cm) . What is the value of the standard deviation of the population
from which this sample was drawn?

a. 5.0

b. 3.6

c. 4.5

d. 2.7

e. 3.4

Answer: A

56. On the basis of a random sample of 100 men from a particular province in South
Africa, a 95 % confidence interval for the mean height of men in the province is found to
be (178.54 cm; 179.94 cm) . What is the value of the standard deviation of the population
from which this sample was drawn?
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a. 5.0

b. 3.6

c. 4.5

d. 2.7

e. 3.4

Answer: B

57. On the basis of a random sample of 100 men from a particular province in South
Africa, a 95 % confidence interval for the mean height of men in the province is found to
be (176.50 cm; 178.26 cm) . What is the value of the standard deviation of the population
from which this sample was drawn?

a. 5.0

b. 3.6

c. 4.5

d. 2.7

e. 3.4

Answer: C

58. On the basis of a random sample of 100 men from a particular province in South
Africa, a 95 % confidence interval for the mean height of men in the province is found to
be (177.89 cm; 178.95 cm) . What is the value of the standard deviation of the population
from which this sample was drawn?

a. 5.0

b. 3.6

c. 4.5

d. 2.7

e. 3.4

Answer: D

59. On the basis of a random sample of 100 men from a particular province in South
Africa, a 95 % confidence interval for the mean height of men in the province is found to
be (175.90 cm; 177.25 cm) . What is the value of the standard deviation of the population
from which this sample was drawn?

a. 5.0

b. 3.6
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c. 4.5

d. 2.7

e. 3.4

Answer: E

60. In developing a 95 % confidence interval estimate for a population mean, the interval
estimate was (62.84; 69.46) . What was the sample mean?

a. 66.15

b. 65.83

c. 65.35

d. 67.01

e. 66.87

Answer: A

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1. Which of the following statements is not correct?

a. When an interval estimate is associated with a degree of confidence that it actually


includes the population parameter of interest, it is referred to as a confidence interval

b. If the population mean and population standard deviation are both known, one can
make probability statements about individual x values taken from the population

c. If the population mean and population standard deviation are both known, one can use
the central limit theorem and make probability statements about the means of samples
taken from the population

d. If the population mean is unknown, one can use sample data as the basis from which to
make probability statements about the true (but unknown) value of the population mean

e. when sample data are used for estimating a population mean, sampling error will not be
present since the observed sample statistic will not differ from the actual value of the
population parameter

Answer: E

2. Inferential statistics is the:

a. process of using a population parameter to estimate the values for sample statistics

b. process of using sample statistics to estimate population parameters

c. process which allows the researcher to determine the exact values for population
parameters

d. process that eliminates the problem of sampling error

e. branch of statistics involving using population parameters to estimate sampling


distributions

Answer: B

3. Which of the following statements are correct?

a. a point estimate is an estimate of the range of a population parameter

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b. a point estimate is an unbiased estimator if its standard deviation is the same as the
actual value of the population standard deviation

c. a point estimate is a single value estimate of the value of a population parameter

d. all of the above statements are correct

e. none of the above statements are correct

Answer: C

4. A point estimator is defined as:

a. the average of the sample values

b. the average of the population values

c. a single value that is the best estimate of an unknown population parameter

d. a single value that is the best estimate of an unknown sample statistic

e. a number which can be used to estimate a point in time which is unknown

Answer: C

5. Which of the following statements is/are correct?

a. an interval estimate is an estimate of the range of possible values for a population


parameter

b. an interval estimate describes a range of values that is likely not to include the actual
population parameter

c. an interval estimate is an estimate of the range for a sample statistic

d. all of the statements above are correct

e. none of the statements above are correct

Answer: A

6. A confidence interval is defined as:

a. a point estimate plus or minus a specific level of confidence

b. a lower and upper confidence limit associated with a specific level of confidence

c. an interval that has a 95 % probability of containing the population parameter

d. a lower and upper confidence limit that has a 95 % probability of containing the
population parameter

e. an interval used to infer something about an unknown sample statistic value

Answer: B
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7. The term 1 – α refers to the:

a. probability that a confidence interval does not contain the population parameter

b. the level of confidence minus one

c. the level of confidence

d. the level of confidence plus one

e. the level of significance

Answer: C

8. A 95 % confidence interval for the population mean is calculated to be 75.29 to 81.45. If


the confidence level is reduced to 90 % , the confidence interval will:

a. become narrower

b. remain the same

c. become wider

d. double in size

e. most likely no longer include the true value of the population mean

Answer: A

9. A 95 % confidence interval for the population mean is calculated to be 75.29 to 81.45. If


the confidence level is increased to 98 % , the confidence interval will:

a. become narrower

b. remain the same

c. become wider

d. double in size

e. most likely no longer include the true value of the population mean

Answer: C

10. In the formula for the confidence interval, zα/2 is part of the formula. What does the
subscript α/2 refer to?

a. the level of confidence

b. the level of significance

c. the probability that the confidence interval will contain the population mean

d. the probability that the confidence interval will not contain the population mean

e. the area in the lower tail or upper tail of the sampling distribution of the sample mean
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Answer: E

11. Which of the statements below completes the following statement correctly? The larger
the level of confidence used in constructing a confidence interval estimate of the
population mean, the:

a. smaller the probability that the confidence interval will contain the population mean

b. the smaller the value of zα/2

c. the narrower the confidence interval

d. the wider the confidence interval

e. the more the width of the confidence interval remains the same

Answer: D

12. Which one of the statements below is correct?

a. If n, the sample size, increases, the confidence interval becomes wider

b. A 90 % confidence interval for the population mean is narrower than a 95 % confidence


interval for the population mean

c. As the population standard deviation increases, the confidence interval becomes


narrower

d. If α = 0.01, it implies that we are 1 % confident that the population mean will lie
between the confidence limits

e. none of the above statements is correct

Answer: B

13. The boundaries of a confidence interval are called:

a. Confidence levels

b. The test statistics

c. The degrees of confidence

d. The confidence limits

e. Significance levels

Answer: D

14. What value of z would you use to calculate the 80 % confidence interval for a
population mean, given that you know the population standard deviation, the sample size
and the sample mean of your sample?

a. z = 1.96
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b. z = 2.58

c. z = 0.84

d. z = 1.28

e. z = 1.645

Answer: D

15. Which of the following statements is false with regards to the width of a confidence
interval?

a. The sample mean from which the interval is constructed is located half way between the
boundaries of the confidence interval

b. The width of the interval increases when the sample size is decreased

c. The width of the interval decreases when the significance level is increased

d. The width of the interval decreases when the sample mean is decreased

e. The width of the interval increases when the confidence level is increased

Answer: D

16. After constructing a confidence interval estimate for a population mean, you believe
that the interval is useless because it is too wide. In order to correct this problem, you
need to:

a. Increase the population standard deviation

b. Increase the sample size

c. Increase the level of confidence

d. Increase the sample mean

e. Decrease the sample size

Answer: B

17. The problem with relying on a point estimate of a population parameter is that the
point estimate

a. has no variance

b. might be unbiased

c. might not be relatively efficient

d. does not tell us how close or far the point estimate might be from the parameter

e. may not be consistent

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Answer: D

18. A federal auditor for nationally chartered banks from a random sample of 100
accounts found that the average demand deposit balance at the First National Bank of a
small town was R549.82. If the auditor needed a point estimate for the population mean
for all accounts at this bank, what would she use?

a. The average of R549.82 for this sample.

b. The average of R54.98 for this sample.

c. There is no acceptable value available.

d. She would survey the total of all accounts and determine the mean.

e. The mean would be impossible to calculate without further information

Answer: A

19. Which one of the statements below is correct?

a. If the significance level is equal to 0.1, it implies that we are 10 % confident that the
population mean will lie between the confidence limits

b. If the sample size increases the confidence interval becomes wider

c. As the population standard deviation increases, the confidence interval becomes


narrower

d. A 90 % confidence interval for the population mean is narrower than a 95 % confidence


interval for the population mean

e. Increasing the significance level increases the width of the confidence interval

Answer: D

20. Sand is packed into bags which are then weighed on scales. It is known that if full bags
of sand are intended to weigh μ kg, then the weight recorded by the scales will be normally
distributed with a mean μ kg and a standard deviation of 0.36kg. A particular bag of sand
was weighed four times and the weight recorded each time was different. The sample
mean weight was recorded as 34.7kg. What is a 95 % confidence interval for the true
weight of the full bag of sand?

a. 34.35 to 35.05kg

b. 35.85 to 36.55kg

c. 34.21 to 35.19kg

d. 34.48 to 34.92kg

e. 37.75 to 38.45kg

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Answer: A

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21. Sand is packed into bags which are then weighed on scales. It is known that if full bags
of sand are intended to weigh μ kg, then the weight recorded by the scales will be normally
distributed with a mean μ kg and a standard deviation of 0.36kg. A particular bag of sand
was weighed four times and the weight recorded each time was different. The sample
mean weight was recorded as 36.2kg. What is a 95 % confidence interval for the true
weight of the full bag of sand?

a. 34.35 to 35.05kg

b. 35.85 to 36.55kg

c. 34.21 to 35.19kg

d. 34.48 to 34.92kg

e. 37.75 to 38.45kg

Answer: B

22. Sand is packed into bags which are then weighed on scales. It is known that if full bags
of sand are intended to weigh μ kg, then the weight recorded by the scales will be normally
distributed with a mean μ kg and a standard deviation of 0.5kg. A particular bag of sand
was weighed four times and the weight recorded each time was different. The sample
mean weight was recorded as 34.7kg. What is a 95 % confidence interval for the true
weight of the full bag of sand?

a. 34.35 to 35.05kg

b. 35.85 to 36.55kg

c. 34.21 to 35.19kg

d. 34.48 to 34.92kg

e. 37.75 to 38.45kg

Answer: C

23. Sand is packed into bags which are then weighed on scales. It is known that if full bags
of sand are intended to weigh μ kg, then the weight recorded by the scales will be normally
distributed with a mean μ kg and a standard deviation of 0.36kg. A particular bag of sand

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was weighed ten times and the weight recorded each time was different. The sample mean
weight was recorded as 34.7kg. What is a 95 % confidence interval for the true weight of
the full bag of sand?

a. 34.35 to 35.05kg

b. 35.85 to 36.55kg

c. 34.21 to 35.19kg

d. 34.48 to 34.92kg

e. 37.75 to 38.45kg

Answer: D

24. Sand is packed into bags which are then weighed on scales. It is known that if full bags
of sand are intended to weigh μ kg, then the weight recorded by the scales will be normally
distributed with a mean μ kg and a standard deviation of 0.36kg. A particular bag of sand
was weighed four times and the weight recorded each time was different. The sample
mean weight was recorded as 38.1kg. What is a 95 % confidence interval for the true
weight of the full bag of sand?

a. 34.35 to 35.05kg

b. 35.85 to 36.55kg

c. 34.21 to 35.19kg

d. 34.48 to 34.92kg

e. 37.75 to 38.45kg

Answer: E

25. An analyst is conducting a hypothesis test to determine if the mean time spent on
investment research by portfolio managers is different from 3 hours per day. The test uses
a random sample of 64 portfolio managers, where the sample mean time spent on
research is found to be 2.5 hours. The population standard deviation is 1.5 hours. What is
the 99 % confidence interval for the population mean time spent on investment research
by portfolio managers?

a. (2.02,2.98)

b. (2.22,3.18)

c. (1.86,3.14)

d. (2.11,2.89)

e. (1.82,2.78)

Answer: A
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26. An analyst is conducting a hypothesis test to determine if the mean time spent on
investment research by portfolio managers is different from 3 hours per day. The test uses
a random sample of 64 portfolio managers, where the sample mean time spent on
research is found to be 2.7 hours. The population standard deviation is 1.5 hours. What is
the 99 % confidence interval for the population mean time spent on investment research
by portfolio managers?

a. (2.02,2.98)

b. (2.22,3.18)

c. (1.86,3.14)

d. (2.11,2.89)

e. (1.82,2.78)

Answer: B

27. An analyst is conducting a hypothesis test to determine if the mean time spent on
investment research by portfolio managers is different from 3 hours per day. The test uses
a random sample of 64 portfolio managers, where the sample mean time spent on
research is found to be 2.5 hours. The population standard deviation is 2 hours. What is
the 99 % confidence interval for the population mean time spent on investment research
by portfolio managers?

a. (2.02,2.98)

b. (2.22,3.18)

c. (1.86,3.14)

d. (2.11,2.89)

e. (1.82,2.78)

Answer: C

28. An analyst is conducting a hypothesis test to determine if the mean time spent on
investment research by portfolio managers is different from 3 hours per day. The test uses
a random sample of 100 portfolio managers, where the sample mean time spent on
research is found to be 2.5 hours. The population standard deviation is 1.5 hours. What is
the 99 % confidence interval for the population mean time spent on investment research
by portfolio managers?

a. (2.02,2.98)

b. (2.22,3.18)

c. (1.86,3.14)

d. (2.11,2.89)
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e. (1.82,2.78)

Answer: D

29. An analyst is conducting a hypothesis test to determine if the mean time spent on
investment research by portfolio managers is different from 3 hours per day. The test uses
a random sample of 64 portfolio managers, where the sample mean time spent on
research is found to be 2.3 hours. The population standard deviation is 1.5 hours. What is
the 99 % confidence interval for the population mean time spent on investment research
by portfolio managers?

a. (2.02,2.98)

b. (2.22,3.18)

c. (1.86,3.14)

d. (2.11,2.89)

e. (1.82,2.78)

Answer: E

30. A researcher wants to investigate the amount of lead per litre of waste water produced
by her company. She plans to use statistical methods to estimate the population mean of
lead content per litre of water. Based on previous recordings she assumes that the lead
content is normally distributed with a standard deviation of 20mg per litre. She decides
that she can afford a sample size of 500, but not larger, and with this sample finds a
sample mean of 632mg of lead per litre. The 95 % confidence interval for the mean lead
content per litre of waste water produced by her company then is:

a. (630.25,633.75)

b. (639.25,642.75)

c. (629.81,634.19)

d. (630.04,633.96)

e. (630.69,633.31)

Answer: A

31. A researcher wants to investigate the amount of lead per litre of waste water produced
by her company. She plans to use statistical methods to estimate the population mean of
lead content per litre of water. Based on previous recordings she assumes that the lead
content is normally distributed with a standard deviation of 20mg per litre. She decides
that she can afford a sample size of 500, but not larger, and with this sample finds a
sample mean of 641mg of lead per litre. The 95 % confidence interval for the mean lead
content per litre of waste water produced by her company then is:

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a. (630.25,633.75)

b. (639.25,642.75)

c. (629.81,634.19)

d. (630.04,633.96)

e. (630.69,633.31)

Answer: B

32. A researcher wants to investigate the amount of lead per litre of waste water produced
by her company. She plans to use statistical methods to estimate the population mean of
lead content per litre of water. Based on previous recordings she assumes that the lead
content is normally distributed with a standard deviation of 25mg per litre. She decides
that she can afford a sample size of 500, but not larger, and with this sample finds a
sample mean of 632mg of lead per litre. The 95 % confidence interval for the mean lead
content per litre of waste water produced by her company then is:

a. (630.25,633.75)

b. (639.25,642.75)

c. (629.81,634.19)

d. (630.04,633.96)

e. (630.69,633.31)

Answer: C

33. A researcher wants to investigate the amount of lead per litre of waste water produced
by her company. She plans to use statistical methods to estimate the population mean of
lead content per litre of water. Based on previous recordings she assumes that the lead
content is normally distributed with a standard deviation of 20mg per litre. She decides
that she can afford a sample size of 400, but not larger, and with this sample finds a
sample mean of 632mg of lead per litre. The 95 % confidence interval for the mean lead
content per litre of waste water produced by her company then is:

a. (630.25,633.75)

b. (639.25,642.75)

c. (629.81,634.19)

d. (630.04,633.96)

e. (630.69,633.31)

Answer: D

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34. A researcher wants to investigate the amount of lead per litre of waste water produced
by her company. She plans to use statistical methods to estimate the population mean of
lead content per litre of water. Based on previous recordings she assumes that the lead
content is normally distributed with a standard deviation of 15mg per litre. She decides
that she can afford a sample size of 500, but not larger, and with this sample finds a
sample mean of 632mg of lead per litre. The 95 % confidence interval for the mean lead
content per litre of waste water produced by her company then is:

a. (630.25,633.75)

b. (639.25,642.75)

c. (629.81,634.19)

d. (630.04,633.96)

e. (630.69,633.31)

Answer: E

35. Suppose that a random sample of 50 bottles of a particular brand of cough medicine is
selected and the alcohol content of each bottle measured. The sample mean alcohol
content is 8.6 ml with a population standard deviation of 2.88ml. Calculate a 99 %
confidence interval for the true mean alcohol content for the population of all bottles of
the brand under study.

a. (7.55,9.65)

b. (8.15,10.25)

c. (7.49,9.71)

d. (7.43,9.77)

e. (7.68,9.52)

Answer: A

36. Suppose that a random sample of 50 bottles of a particular brand of cough medicine is
selected and the alcohol content of each bottle measured. The sample mean alcohol
content is 9.2 ml with a population standard deviation of 2.88ml. Calculate a 99 %
confidence interval for the true mean alcohol content for the population of all bottles of
the brand under study.

a. (7.55,9.65)

b. (8.15,10.25)

c. (7.49,9.71)

d. (7.43,9.77)

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e. (7.68,9.52)

Answer: B

37. Suppose that a random sample of 50 bottles of a particular brand of cough medicine is
selected and the alcohol content of each bottle measured. The sample mean alcohol
content is 8.6 ml with a population standard deviation of 3.06ml. Calculate a 99 %
confidence interval for the true mean alcohol content for the population of all bottles of
the brand under study.

a. (7.55,9.65)

b. (8.15,10.25)

c. (7.49,9.71)

d. (7.43,9.77)

e. (7.68,9.52)

Answer: C

38. Suppose that a random sample of 40 bottles of a particular brand of cough medicine is
selected and the alcohol content of each bottle measured. The sample mean alcohol
content is 8.6 ml with a population standard deviation of 2.88ml. Calculate a 99 %
confidence interval for the true mean alcohol content for the population of all bottles of
the brand under study.

a. (7.55,9.65)

b. (8.15,10.25)

c. (7.49,9.71)

d. (7.43,9.77)

e. (7.68,9.52)

Answer: D

39. Suppose that a random sample of 50 bottles of a particular brand of cough medicine is
selected and the alcohol content of each bottle measured. The sample mean alcohol
content is 8.6 ml with a population standard deviation of 2.54ml. Calculate a 99 %
confidence interval for the true mean alcohol content for the population of all bottles of
the brand under study.

a. (7.55,9.65)

b. (8.15,10.25)

c. (7.49,9.71)

d. (7.43,9.77)
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10/19/2021 Statistics MCQs – Estimation Part 2- Examrace

e. (7.68,9.52)

Answer: E

40. Your statistics lecturer wants you to determine a confidence interval estimate for the
mean test mark for the next test. In the past, the test marks have been normally
distributed with a population standard deviation of 30.9. A 95 % confidence interval
estimate if your class has 30 students and a sample mean mark of 74.2 is:

a. 63.14 to 85.26

b. 65.18 to 83.22

c. 65.63 to 82.77

d. 64.14 to 84.26

e. 68.14 to 80.26

Answer: A

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