Chapter 9: Problem 2
Why does the margin of error increase as the level of confidence increases?
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.
/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none}
Learning Materials
Features
Discover
Chapter 9: Problem 2
Why does the margin of error increase as the level of confidence increases?
These are the key concepts you need to understand to accurately answer the question.
All the tools & learning materials you need for study success - in one app.
Get started for free
Credit Card Debt A school administrator is concerned about the amount of credit card debt college students have. She wishes to conduct a poll to estimate the percentage of full-time college students who have credit card debt of \(\$ 2000\) or more. What size sample should be obtained if she wishes the estimate to be within 2.5 percentage points with \(94 \%\) confidence if (a) a pilot study indicates the percentage is \(34 \% ?\) (b) no prior estimates are used?
Suppose the arrival of cars at Burger King's drive-through follows a Poisson process with \(\mu=4\) cars every 10 minutes. (a) Simulate obtaining 30 samples of size \(n=35\) from this population. (b) Obtain the sample mean and standard deviation for each of the 30 samples. (c) Construct \(90 \% ~ t\) -intervals for each of the 30 samples. (d) How many of the intervals do you expect to include the population mean? How many actually contain the population mean?
A simple random sample of size \(n\) is drawn from a population whose population standard deviation, \(\sigma,\) is known to be \(3.8 .\) The sample mean, \(\bar{x}\), is determined to be \(59.2 .\) (a) Compute the \(90 \%\) confidence interval about \(\mu\) if the sample size, \(n,\) is 45 (b) Compute the \(90 \%\) confidence interval about \(\mu\) if the sample size, \(n,\) is \(55 .\) How does increasing the sample size affect the margin of error, \(E ?\) (c) Compute the \(98 \%\) confidence interval about \(\mu\) if the sample size, \(n,\) is \(45 .\) Compare the results to those obtained in part (a). How does increasing the level of confidence affect the size of the margin of error, \(E ?\) (d) Can we compute a confidence interval about \(\mu\) based on the information given if the sample size is \(n=15 ?\) Why? If the sample size is \(n=15,\) what must be true regarding the population from which the sample was drawn?
A Gallup poll conducted May \(20-22,2005\) asked Americans how many books, either hardback or paperback, they read during the previous year. How many subjects are needed to estimate the number of books Americans read the previous year within one book with \(95 \%\) confidence? Initial survey results indicate that \(\sigma=16.6\) books.
A Gallup poll conducted January \(17-\) February \(6,2005,\) asked 1028 teenagers aged 13 to \(17,\) "Typically, how many hours per week do you spend watching TV?" Survey results indicate that \(\bar{x}=13.0\) hours and \(s=2.3\) hours. Construct a \(95 \%\) confidence interval for the number of hours of TV teenagers watch each week. Interpret the interval.
What do you think about this solution?
We value your feedback to improve our textbook solutions.