In: Math
Suppose that a random sample of 50 bottles of a particular brand of cough syrup is selected and the alcohol content of each bottle is determined. Let u denote the average alcohol content for the population of all bottles of the brand under study. Suppose that the resulting 95% confidence interval is (7.1, 9.8).
(a) Would a 90% confidence interval calculated from this same sample have been narrower or wider than the given interval? Explain your reasoning.
The 90% would be wider since the z critical value for 90% is smaller than the z critical value for 95%.
The 90% would be the same since the z critical value for 90% is the same as the z critical value for 95%.
The 90% would be wider since the z critical value for 90% is larger than the z critical value for 95%.
The 90% would be narrower since the z critical value for 90% is smaller than the z critical value for 95%.
The 90% would be narrower since the z critical value for 90% is larger than the z critical value for 95%.
(b) Consider the following statement: There is a 95% chance that u is between 7.1 and 9.8. Is this statement correct?
It is a correct statement. Each interval contains the mean by definition.
It is not a correct statement. There is a 5% chance that the mean is between these values.
It is not a correct statement. We are 95% confident in the general procedure for creating the interval, but the mean mayo may not be enclosed in this interval.
It is not a correct statement. contains the mean by definition.
It is a correct statement. There is only a 5% chance that the mean is not between these values.
(c) Consider the following statement: We can be highly confident that 95% of all bottles of this type of cough syrup have an alcohol content that is between 7.1 and 9.8. Is this statement correct? Why or why not?
It is a correct statement. This interval is a great estimate of boundaries for population values.
It is not a correct statement. The interval is an estimate for the sample mean, not a boundary for sample values.
It is not a correct statement. The interval is an estimate for the population mean, not a boundary for population values.
It is a correct statement. This is the definition of a confidence interval.
It is not a correct statement. The interval is an estimate for the sample mean, not a boundary for population values.
(d) Consider the following statement: If the process of selecting a sample of size 50 and then computing the corresponding 95% interval is repeated 100 times, 95 of the resulting intervals will include u. Is this statement correct? Why or why not?
It is a correct statement. This is guaranteed by the definition of confidence interval.
It is a correct statement. Since we are taking the same sample, we expect all intervals to contain the mean.
It is not a correct statement. We expect 5 out of the 100 intervals to contain the mean.
It is not a correct statement. 90 out of the 100 intervals will contain the mean.
It is not a correct statement. We expect 95 out of 100 intervals will contain the mean, but we don't know this to be true.
(a) Option: The 90% would be narrower since the z critical value for 90% is smaller than the z critical value for 95%.
(b) Option: It is not a correct statement. We are 95% confident in general procedure for creating the interval, but the mean may or may not be enclosed in this interval.
(c) Option: It is not a correct statement. The interval is an estimate for the population mean, not a boundary for population values.
(d) Option: It is not a correct statement. We expect 95 out of 100 intervals will contain the mean, but we don't know this to be true.