A 90% confidence interval for the average salary of all CEOs in the electronics industry was constructed using the results of a random survey of 45 CEOs. The interval was ($139,048, $154,144). Give a practical interpretation of the interval.

Unit 10 Population Proportions Review

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12th Grade
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1.
FLASHCARD QUESTION
Front
Back
We are 90% confident that the mean salary of all CEOs in the electronics industry falls in the interval $139,048 to $154,144.
2.
FLASHCARD QUESTION
Front
What is the 95% confidence interval of the true proportion of women in Europe who use the Internet based on a study of 750 Internet users where 35% were women? Options: 0.321 < p < 0.379, 0.316 < p < 0.384, 0.309 < p < 0.391, 0.305 < p < 0.395
Back
0.316 < p < 0.384
3.
FLASHCARD QUESTION
Front
What is the 90% confidence interval of the true proportion of teenage boys who have received speeding tickets in a sample of 90 teenage boys where 70% have received speeding tickets? Options: (0.621, 0.780), (0.591, 0.812), (0.584, 0.830), (0.615, 0.805)
Back
(0.621, 0.780)
4.
FLASHCARD QUESTION
Front
What is the format for interpreting a confidence interval?
Back
We are C% confident that the interval from ___ to ___ captures the [parameter in context].
5.
FLASHCARD QUESTION
Front
What is the critical value z* for a 99% confidence interval?
Back
2.58
6.
FLASHCARD QUESTION
Front
What does 50 represent in the context of a sample of 50 students where 28% believe Monday will be a snow day?
Back
n
7.
FLASHCARD QUESTION
Front
What is the standard deviation of the distribution? Options: 1010, 20, 60, √20
Back
20
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