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Instructions This 10 question quiz covers the material from this seminar. Each
question is worth 4 points.
A savings and loan association needs information concerning the checking account
balances of its local customers. A random sample of 14 accounts was checked and
yielded a mean balance of $664.14 and a standard deviation of $297.29. Find a 98%
confidence interval for the true mean checking account balance for local customers.
Question 1 answers
Selected Answer: Incorrect $492.52 < μ < $835.76
Correct Answer: Correct $453.59 < μ < $874.69
The football coach randomly selected ten players and timed how long each player took to
perform a certain drill. The times (in minutes) were:
7.6 10.4 9.7 8.4 11.8
7.0 6.5 11.1 10.4 12.4
Determine a 95 percent confidence interval for the mean time for all players.
Question 2 answers
Selected Answer: Incorrect 8.13 < μ < 10.93
Correct Answer: Correct 8.03 < μ < 11.03
Margin of error: 0.07; confidence level: 95%; from a prior study, is estimated by the
decimal equivalent of 92%.
Question 4 answers
Selected Answer: Incorrect 51
Correct Answer: Correct 58
OK