Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd
Upload
7 views

Assiment On Estimation

Uploaded by

Adugna
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
7 views

Assiment On Estimation

Uploaded by

Adugna
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

1. Distinguish between the point estimation and interval estimation.

Explain how an interval


estimate is better than a point estimate.
2. Explain the concept of ‘margin of error’ in deciding the size of a sample.
3. What are the properties of a good estimator? Explain how these properties are essential for
estimating the population characteristic of interest.
4. Distinguish between statistic and parameter and explain the meaning of confidence interval of a
population parameter.

1. A simple random sample of 40 items resulted in a sample mean of 25. The population standard
deviation is σ = 5.
a. What is the standard error of the mean, ?
b. At 95% confidence, what is the margin of error?
2. Simple random sample of 50 items from a population with σ = 6 resulted in a sample mean of 32.
a) Provide a 90% confidence interval for the population mean.
b) Provide a 95% confidence interval for the population mean.
c) Provide a 99% confidence interval for the population mean.
3. A simple random sample of 60 items resulted in a sample mean of 80. The population standard
deviation is σ =15.
a) Compute the 95% confidence interval for the population mean.
b) Assume that the same sample mean was obtained from a sample of 120 items. Provide a
95% confidence interval for the population mean.
c) What is the effect of a larger sample size on the interval estimate?
4. A 95% confidence interval for a population mean was reported to be 152 to 160. If σ =15, what
sample size was used in this study?

You might also like