In: Statistics and Probability
Use the following information for the next four problems. A researcher is interested in estimating the mean salary of public school teachers in a particular region. A random sample of 9 teachers is selected and the salary of each one is recorded. The researcher calculates a sample mean of $45,000 and a sample standard deviation of $1,600. Assume that the salaries in the population vary according to a normal distribution.
The mean salary of all public school teachers in the region is a __________ while the sample mean $45,000 is a __________.
| a. | 
 statistic, parameter  | 
|
| b. | 
 parameter, parameter  | 
|
| c. | 
 statistic, statistic  | 
|
| d. | 
 parameter, statistic  | 
Calculate a 95% confidence interval to estimate the mean salary.
| a. | 
 $45,000 $1,045.33  | 
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| b. | 
 $45,000 $348.44  | 
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| c. | 
 $45,000 $1,206.40  | 
|
| d. | 
 $45,000 $1,229.87  | 
Suppose, instead, that a larger sample of teachers had been selected while still using the 95% confidence level. The new confidence interval, based on the larger sample, would be __________ the interval in the previous problem.
| a. | 
 the same length as  | 
|
| b. | 
 longer than  | 
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| c. | 
 shorter than  | 
For this problem only, suppose that the confidence interval above had ranged from $43,500 to $46,500. Which one of the following would give a correct interpretation of the confidence interval?
| a. | 
 95% of all public school teachers in the region earn between $43,500 and $46,500.  | 
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| b. | 
 95% of the public school teachers in the sample earn between $43,500 and $46,500.  | 
|
| c. | 
 We are 95% confident that the mean salary of the public school teachers in the sample is between $43,500 and $46,500.  | 
|
| d. | 
 We are 95% confident that the mean salary of all public school teachers in the region is between $43,500 and $46,500.  | 
1) option D parameter, statistic
2)
| sample mean 'x̄= | 45000.000 | 
| sample size n= | 9.00 | 
| sample std deviation s= | 1600.000 | 
| std error 'sx=s/√n= | 533.333 | 
| for 95% CI; and 8 df, value of t= | 2.306 | |
| margin of error E=t*std error = | 1229.867 | |
| lower bound=sample mean-E = | 43770.133 | |
| Upper bound=sample mean+E = | 46229.867 | |
| from above 95% confidence interval for population mean =(43770.13,46229.87) | ||
option D $45,000-/ + $1,229.87
3)
shorter than
4)
option D
We are 95% confident that the mean salary of all public school teachers in the region is between $43,500 and $46,500.