7.2 Constructing a Confidence Interval for a Population Mean

Cards (58)

  • What is the first step in constructing a confidence interval for a population mean?
    Identify sample statistics
  • The margin of error is calculated by multiplying the critical value by the standard error.

    True
  • The sample standard deviation ss measures the spread or variability of the sample data
  • A larger sample size ensures more accurate inference about the population mean
  • Why is the sample size n</latex> important for constructing a confidence interval?
    Ensures accurate inference
  • A higher confidence level results in a wider confidence interval.

    True
  • The sample mean (xˉ\bar{x}) is the average value calculated from the sample data
  • The sample standard deviation (ss) is the square root of the sample variance
  • Match the sample size with the corresponding confidence interval width:
    30 ↔️ Wider
    50 ↔️ Narrower
    100 ↔️ Narrowest
  • A higher confidence level requires a wider confidence interval.

    True
  • Common confidence levels and their associated critical values are: 90% with z=z =1.645 1.645, 95% with z=z =1.96 1.96, and 99% with z=z =2.576 2.576.confidence
  • If you estimate a population mean with a 95% confidence level, you can be 95% sure that the true mean falls within the calculated interval
  • To calculate the margin of error, use the formula: critical value ×\times standard error
  • The sample standard deviation measures the spread of data around the sample mean.
    True
  • The standard error of the mean is calculated using the formula \frac{s}{\sqrt{n}}</latex>, where ss is the sample standard deviation and nn is the sample size
  • With a 95% confidence level, you can be 95% sure that the true population mean falls within the calculated interval.

    True
  • For a 95% confidence level and 29 degrees of freedom, the critical value is approximately 2.045
    True
  • If the critical value is 1.96 and the standard error is 0.5, the margin of error is 0.98
    True
  • Steps to construct a 95% confidence interval for a sample with mean 85, standard deviation 6, and sample size 25:
    1️⃣ Calculate the standard error: 625=\frac{6}{\sqrt{25}} =1.2 1.2
    2️⃣ Find the critical value for 95% confidence and 24 degrees of freedom: 2.064</step_end><step_start>Calculate the margin of error: 2.064 × 1.2 = 2.48</step_end><step_start>Construct the confidence interval: 85±2.48=85 \pm 2.48 =[82.52,87.48] [82.52, 87.48]
  • The higher the confidence level, the wider the confidence interval will be.
  • The standard error of the mean is calculated using the formula: \frac{s}{\sqrt{n}}
  • Steps to construct a confidence interval for a population mean
    1️⃣ Identify sample statistics
    2️⃣ Determine the sample size
    3️⃣ Calculate the standard error of the mean
    4️⃣ Choose a confidence level
    5️⃣ Find the critical value
    6️⃣ Calculate the margin of error
    7️⃣ Construct the confidence interval
  • What is the purpose of calculating sample statistics when constructing a confidence interval?
    Estimate true population mean
  • How is the sample mean \bar{x}</latex> used in constructing a confidence interval?
    Estimates population mean
  • The standard error of the mean measures the variability of sample means around the true population mean
  • Match the confidence level with its corresponding critical value:
    90% ↔️ 1.645
    95% ↔️ 1.96
    99% ↔️ 2.576
  • The sample standard deviation measures the spread of sample data around the mean.

    True
  • What is the sample size (nn)?

    Number of observations in the sample
  • The standard error of the mean measures the variability of sample means around the true population mean
  • Match the confidence level with its critical value (zz):

    90% ↔️ 1.645
    95% ↔️ 1.96
    99% ↔️ 2.576
  • A higher critical value results in a wider confidence interval.

    True
  • Steps to find the critical value for a t-distribution:
    1️⃣ Identify the confidence level needed.
    2️⃣ Determine the degrees of freedom (df=df =n1 n - 1) based on the sample size.
    3️⃣ Use a t-table or calculator to find the critical value associated with these parameters.
  • What is the formula for standard error?
    SE = \frac{s}{\sqrt{n}}</latex>
  • What is the formula for calculating the sample mean?
    xˉ=\bar{x} =xin \frac{\sum x_{i}}{n}
  • Match the statistic with its definition and formula:
    Standard Error of the Mean ↔️ Variability of sample means around the population mean, sn\frac{s}{\sqrt{n}}
    Sample Standard Deviation ↔️ Spread of sample values, No formula
    Sample Size ↔️ Number of observations in the sample, No formula
  • To find the critical value for a given confidence level and degrees of freedom in a t-distribution, you use a t-table
  • Match the confidence level with its typical critical value for large degrees of freedom:
    90% ↔️ 1.645
    95% ↔️ 1.96
    99% ↔️ 2.576
  • What is the formula to calculate the margin of error?
    critical×standard errorcritical \times standard\ error
  • A 95% confidence interval indicates that the true population mean lies within the calculated range with 95% certainty

    True
  • What degrees of freedom are used when finding the critical value for a confidence interval?
    n - 1</latex>