A. Identify the term or expression being described. (6 points)
_____________________1. It is used to estimate a population parameter using a
range of values. _____________________2. It is the probability that an interval estimate contains the true population parameter. _____________________3. It is the value of 𝑧"$# at 90% confidence level. _____________________4. It is the value of 𝑧"$# at 95% confidence level. _____________________5. It is the value of 𝑧"$# at 98% confidence level. _____________________6. It is the value of 𝑧"$# at 99% confidence level.
B. Given the data below, determine the margin of error, and confidence interval for the population mean at the given confidence level. (9 points)
𝑥̅ = 102.5 𝜎 = 11.4 𝑛 = 50
1. 90% confidence level
Margin of error: 𝐸 = ________ Confidence Interval: _____________________
Margin of error: 𝐸 = ________ Confidence Interval: _____________________
3. 99% confidence level
Margin of error: 𝐸 = ________ Confidence Interval: _____________________
C. In a random sample of 100 people in a town, the average amount of garbage
generated by each person per day is 500 grams. Construct a 99% confidence interval for the population mean if the population standard deviation is 250 grams. Interpret your answer. (5 points)