Skip to main content
Ch. 6 - Confidence Intervals
Larson - Elementary Statistics: Picturing the World 8th Edition
Larson8th EditionElementary Statistics: Picturing the WorldISBN: 9780137493470Non è quello che usi tu?Cambia libro di testo
Capitolo 6, Problema 6.3.34

Translating Statements In Exercises 29–34, translate the statement into a confidence interval. Approximate the level of confidence.
In a survey of 1052 parents of children ages 8–14, 68% say they are willing to get a second or part-time job to pay for their children’s college education, and 42% say they lose sleep worrying about college costs. The survey’s margin of error is ±3%. (Source: T. Rowe Price Group, Inc.)

Guida verificata passo dopo passo
1
Identify the key components of the problem: the sample proportion (p̂), the sample size (n), and the margin of error (E). Here, p̂ = 0.68 (68%), n = 1052, and E = 0.03 (3%).
Understand that a confidence interval is constructed as p̂ ± E, where p̂ is the sample proportion and E is the margin of error. This gives the range of plausible values for the population proportion.
Substitute the values into the formula for the confidence interval: [p̂ - E, p̂ + E]. Using the given values, the confidence interval becomes [0.68 - 0.03, 0.68 + 0.03].
Interpret the confidence interval: The interval represents the range of values within which the true population proportion is likely to fall, given the margin of error.
Approximate the level of confidence: The margin of error (±3%) suggests a typical confidence level of 95%, as this is commonly associated with such surveys unless otherwise specified.

Risposta video verificata per un problema simile:

Questa soluzione video è stata consigliata dai nostri tutor come utile per risolvere questo problema.
Durata del video:
4m

Concetti chiave

Ecco i concetti essenziali che devi comprendere per rispondere correttamente alla domanda.

Confidence Interval

A confidence interval is a range of values, derived from sample statistics, that is likely to contain the true population parameter. It is expressed as an interval estimate, typically calculated as the sample proportion plus or minus the margin of error. For example, if 68% of surveyed parents are willing to get a second job, a confidence interval might be calculated to show the range within which the true proportion of all parents falls.
Video consigliato:
Percorso guidato
06:33
Introduction to Confidence Intervals

Margin of Error

The margin of error quantifies the uncertainty associated with a sample estimate. It indicates the range within which the true population parameter is expected to lie, based on the sample data. In this case, a margin of error of ±3% means that the true percentage of parents willing to get a second job could be as low as 65% or as high as 71%.
Video consigliato:
Percorso guidato
04:08
Finding the Minimum Sample Size Needed for a Confidence Interval

Level of Confidence

The level of confidence reflects the degree of certainty that the population parameter lies within the confidence interval. Common levels of confidence are 90%, 95%, and 99%, with higher levels indicating greater certainty but wider intervals. In this context, the level of confidence can be approximated based on the sample size and margin of error, often using standard statistical tables.
Video consigliato:
Percorso guidato
06:33
Introduction to Confidence Intervals
Pratica correlata
Domanda del libro di testo

Finding Critical Values for χ2 In Exercises 3–8, find the critical values χR2 and χL2 for the level of confidence c and sample size n.

c = 0.98, n = 26

94
views
Domanda del libro di testo

Translating Statements In Exercises 29–34, translate the statement into a confidence interval. Approximate the level of confidence.

In a survey of 1502 U.S. adults, 31% said that they use Pinterest. The survey’s margin of error is ±2.9%. (Source: Pew Research Center)

49
views
Domanda del libro di testo

In Exercises 9–12, construct the indicated confidence intervals for (a) the population variance and (b) the population standard deviation . Assume the sample is from a normally distributed population.

c = 0.95, s^2 = 11.56, n = 30

67
views
Domanda del libro di testo

[APPLET] The winning times (in hours) for a sample of 20 randomly selected Boston Marathon Women’s Open Division champions from 1980 to 2019 are shown in the table at the left. Assume the population standard deviation is 0.068 hour. (Source: Boston Athletic Association)

a. Find the point estimate of the population mean.

55
views
Domanda del libro di testo

[APPLET] The winning times (in hours) for a sample of 20 randomly selected Boston Marathon Women’s Open Division champions from 1980 to 2019 are shown in the table at the left. Assume the population standard deviation is 0.068 hour. (Source: Boston Athletic Association)

b. Find the margin of error for a 95% confidence level.

76
views
Domanda del libro di testo

You wish to estimate the mean winning time for Boston Marathon Women’s Open Division champions. The estimate must be within 2 minutes of the population mean. Determine the minimum sample size required to construct a 99% confidence interval for the population mean. Use the population standard deviation from Exercise 1.

72
views