TOPIC 2: ESTIMATION

JULY 2020
TOPIC 2: ESTIMATION

FEB 2021
TOPIC 2: ESTIMATION

JUL 2021
TOPIC 2: ESTIMATION

PART 1: MULTIPLE CHOICE (Choose only one correct answer)

1. We have 95% confidence in our interval, instead of 100%, because we need to account for the
fact that:
a) the sample may not be truly random.
b) we have a sample and not the whole population.
c) the distribution of hours worked may be skewed.
d) All of the above

2. What should be the value of z used in a 94% confidence interval?

a) 2.70
b) 1.40
c) 1.81
d) 1.88
TOPIC 2: ESTIMATION

3. 𝑋̅ is the point estimator for?

a) Sample mean
b) Population mean
c) Confidence interval
d) Population variance

4. You take a random sample from some population and form a 96% confidence interval for the
population mean, μ. Which quantity is guaranteed to be in the interval you form?
a) 0
b) 𝜇
c) 𝑋̅
d) 0.96

5. What should be the value of t used in a 90% confidence interval if n = 10?

a) 1.833
b) 1.383
c) 2.821
d) 3.250

PART 2: Determine whether each statement is TRUE or FALSE.

1. The z-distribution is more spread out than the t - distribution curve.

2. The width of the confidence interval decreases when the value of alpha increases.

3. The mean of the sample is the mean of a t distribution.

4. The total area under the normal curve is ½.

5. The F value is always positive because this is a ratio of two variances.