We have constructed a 95% confidence interval for the population
mean income
for the neighborhood. The confidence interval is ($15,040,
$15,300). In order to
be eligible for government aid, a neighborhood must have an average
income of
$15,000 or less. Based upon the confidence interval we can conclude
that the
neighborhood is:
a. Definitely not eligible for aid.
b. Probably not eligible for aid.
c. Probably eligible for aid.
d. Definitely eligible for aid.
e. None of the above answers is correct.
Answer:
We have constructed a 95% confidence interval for the population
mean income
for the neighborhood. The confidence interval is ($15,040,
$15,300). In order to
be eligible for government aid, a neighborhood must have an average
income of
$15,000 or less. Based upon the confidence interval we can conclude
that the
neighborhood is:
a. Definitely not eligible for aid.
b. Probably not eligible for aid.
answer: c. Probably eligible for aid.
d. Definitely eligible for aid.
e. None of the above answers is correct.
$15000 is less than the lower limit of the 95% CI. We are 95% confident that population mean income falls in the interval ($15,040, $15,300). $15000 is less than the population mean income.
We have constructed a 95% confidence interval for the population mean income for the neighborhood. The...
Let's say we have constructed a 95% confidence interval estimate for a population mean. Which of the following statements would be correct? A. We expect that 95% of the intervals so constructed would contain the true population mean. B. We are 95% sure that the true population mean lies either within the constructed interval or outside the constructed interval. C. Taking 100 samples of the same size, and constructing a new confidence interval from each sample, would yield five intervals...
what i currently have is wrong...thanks in advance! A 95% confidence interval for a population proportion was constructed using a sample proportion from a random sample. Which of the following statements are correct? Select all that apply If we were to use a 90% confidence level, the confidence interval from the same data would produce an interval wider than the 95% confidence interval. There is a 95% chance that the 95% confidence interval actually contains the population proportion. We don't...
which of the following correctly describes a 95% confidence interval for a mean? Circle the correct answer. e, A range within which 95% of all possible sample means fall An interval constructed using a procedure such that 95% of intervals constructed this way will contain the population mean. A range within which 90% of all data values in the population fall All of the above None of the above . ii. iii. iv. v.
Explain what "95% confidence" means in a 95% confidence interval. What does "95% confidence" mean in a 95% confidence interval? A. If 100 different confidence intervals are constructed, each based on a different sample of size n from the same population, then we expect 95 of the intervals to include the parameter and 5 to not include the parameter. B. The probability that the value of the parameter lies between the lower and upper bounds of the interval is 95%....
Question 26 1 A 95% confidence interval for the population mean is an interval estimator that: Encloses the sample mean 95% of the time on repeated sampling Encloses the population mean 95 % of the time on repeated sampling None of the above Encloses 95 % of the population on repeated sampling
A confidence interval for the population mean is an interval constructed around the ____________. Sample mean Population mean z test statistic t test statistic
A confidence interval for the population mean is an interval constructed around the A) sample mean B) population mean C) z test statistic D) test statistic
Suppose we are making a 95% confidence interval for the population mean from a sample of size 15. What number of degrees of freedom should we use? Choose the correct answer below. A. 15 B. 16 C. 14 D. There is not enough information given to find out.
Assuming that the population is normally distributed, construct a 95% confidence interval for the population mean, based on the following sample size of .n=7. 1, 2, 3, 4, 5, 6, and 15 <-----this is the data In the given data, replace the value 15 with 7 and recalculate the confidence interval. Using these results, describe the effect of an outlier (that is, an extreme value) on the confidence interval, in general. Find a 95% confidence interval for the population mean,...
A 95% confidence interval for population mean of hemoglobin levels (g/(100 ml)) based upon a random sample of 36 male smokers is (22.68,26.73). Please provide a correct interpretation of the 95% Confidence interval (20 points)