Confidence Intervals Flashcards
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The product of which two quantities gives the margin of error for a 95% confidence interval?
(critical value)×(standard error)
Holding other quantities fixed, increasing the level of confidence has what impact on the width of the confidence interval?
The width of the interval increases.
Holding other quantities fixed, increasing the level of confidence has what impact on the margin of error of the confidence interval?
The margin of error increases.
Holding other quantities fixed, decreasing the level of confidence has what impact on the width of the confidence interval?
The width is decreased.
Holding other quantities fixed, decreasing the level of confidence has what impact on the magnitude of the margin of error?
The margin of error decreases.
Holding other quantities fixed, increasing the sample size has what impact on the width of the confidence interval?
The interval becomes narrower.
Holding other quantities fixed, decreasing the sample size has what impact on the width of the confidence interval?
The confidence interval expands.
If the following measurements are drawn from a population which follows a normal distribution, what would be the best point estimate for the true mean?
3, 3, 6
x-bar = 4
If the following measurements are drawn from a population which follows a normal distribution, in order to have a valid 95% confidence ishape of X?
3, 3, 6
X, the population being used to make the inference, must have a shape that follows a normal distribution.
Given the following 95% confidence interval for the true proportion of UF students that are in love with Tim Tebow, what is the margin of error?
(0.28, 0.42)
0.07
Given the following 95% confidence interval for the true proportion of UF students that are in love with Tim Tebow, what is the point estimate?
(0.28, 0.42)
p-hat = 0.35
Given the following 95% confidence interval for the true proportion of UF students that are still in love with Tim Tebow, in context, what is the best interpretation?
(0.28, 0.42)
We are 95% confidenct the true proportion of UF students who are still in love with Tim Tebow is between 28% and 42%.
Given the following 68% confidence interval for the true mean number of Pringles in a single Pringles canister, in context, what is the best interpretation?
(98, 102)
We are 68% confident the true mean number of Pringles in a canister is bwtween 98 and 102.
What is the name of theorem whose results make introductory statistical methods valid?
THE CENTRAL LIMIT THEOREM.
In words, how can the standard error of the means be calculated for a 99.7% confidence interval to estimate the true mean?
Take the population standard deviation and divide by the square root of the sample size.