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When using sample means to estimate a population mean

Assignment Help Basic Statistics
Reference no: EM13957671

1. True or False?

The standard deviation of a population will always be smaller than the standard deviation of the sample means (of the samples used to estimate this same population).

2. The mean height for a population is 65 inches and the standard deviation is 3 inches. Let X_ denote the mean height for a sample of people picked randomly from the population. The standard
deviation of X_ for samples of size 30 is ________ the standard deviation of X_ for samples of size 20?

a. greater than

b. less than

c. equal to

d. impossible to tell

3. The error which results from using a sample to estimate a population characteristic is called the ___________.

a. rounding error

b. sampling error

c. statistical error

d. error interval

5. The mean height for a population is 65 inches and the standard deviation is 3 inches. Let A and B denote the events described below.

Event A: The mean height of a random sample of 16 people will be within 1 inch of the population mean.

Event B: The mean height of a random sample of 50 people will be within 1 inch of the population mean.

a. The probability of event A is greater than the probability of event B

b. The probability of event B is greater than the probability of event A

c. The probability of event A is equal to the probability of event B

d. The probability of event A is unrelated to the probability of event B

7. When using sample means to estimate a population mean, increasing the size of the sample will result in:

a. smaller sampling error and OX will decrease.

b. smaller sampling error and OX will increase.

c. greater sampling error and OX will decrease.

d.greater sampling error and OX will increase

8. The mean price of a new mobile home is $43800. The standard deviation of the price is $7200. Let X_ denote the mean price of a sample of new mobile homes. For samples of size 50, find the mean price.
Use only numbers in your answer. Do not use a dollar sign, do not use a comma, do not use a decimal point, and do not write any words, such as "dollars".

9. The mean price of a new mobile home is $43800. The standard deviation of the price is $7200. Let X_ denote the mean price of a sample of new mobile homes. For samples of size 50, find the standard deviation of
of X_. Round to the nearest cent (two decimal places). Use only numbers and a decimal point in your answer. Do not use a dollar sign, do not use a comma, and do not write any words, such as "dollars".

10. The table reports the distribution of pocket money, in bills, of the 6 students in a statistics seminar.
Student Bridgette Timothy Aaron Barry Lucille Stacey
Dollars 2 4 4 5 5 7
For a random sample of size two, find the probability that the sample mean will be within $1 of the population mean. Round to the nearest three decimal places.

Reference no: EM13957671

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