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Q: For a two-tailed test a sample of 20 at 80 percent confidence t equals?
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When the sample size and sample standard deviation remain the same a 99 percent confidence interval for a population mean will be narrower than the 95 percent confidence interval for the mean?

Never!


When the sample size increase what will happen to the 95 percent confidence interval?

It becomes narrower.


Compute the population mean margin of error for a 90 percent confidence interval when sigma is 4 and the sample size is 36?

1.0966


If Web Search Results for A bank wishes to estimate the mean balances owed by their MasterCard customers within 75 The population standard deviation is estimated to be 300 If a 98 percent confidence?

A bank wishing to estimate the mean balances owed by their MasterCard customers within 75 miles with a 98 percent confidence can use the following formula to calculate the required sample size: Sample size = (Z-score)2 * population standard deviation / (margin of error)2 Where Z-score = 2.326 for 98 percent confidence Population standard deviation = 300 Margin of error = desired confidence intervalSubstituting the values into the formula the required sample size is: 2.3262 * 300 / (Confidence Interval)2 = 553.7Therefore the bank would need to have a sample size of 554 to estimate the mean balances owed by their MasterCard customers within 75 miles with a 98 percent confidence.


What Happens To The Width Of The Confidence Interval If You Decrease The Confidence Level Decrease The Sample Size or Decrease the margin of error?

The width of the confidence interval willdecrease if you decrease the confidence level,increase if you decrease the sample sizeincrease if you decrease the margin of error.

Related questions

When the sample size and sample standard deviation remain the same a 99 percent confidence interval for a population mean will be narrower than the 95 percent confidence interval for the mean?

Never!


A sample of 1108 was used to estimate a proportion with 98 percent confidence If p equals 0.5 then what was the amount of error A 0.040 B 0.025 C 0.035?

0.040


When the sample size increase what will happen to the 95 percent confidence interval?

It becomes narrower.


From a population with a variance of 900 a sample of 225 items is selected At 95 percent confidence the margin of error is?

3.92


Compute the population mean margin of error for a 90 percent confidence interval when sigma is 4 and the sample size is 36?

1.0966


Can you have sample of drama?

confidence


If Web Search Results for A bank wishes to estimate the mean balances owed by their MasterCard customers within 75 The population standard deviation is estimated to be 300 If a 98 percent confidence?

A bank wishing to estimate the mean balances owed by their MasterCard customers within 75 miles with a 98 percent confidence can use the following formula to calculate the required sample size: Sample size = (Z-score)2 * population standard deviation / (margin of error)2 Where Z-score = 2.326 for 98 percent confidence Population standard deviation = 300 Margin of error = desired confidence intervalSubstituting the values into the formula the required sample size is: 2.3262 * 300 / (Confidence Interval)2 = 553.7Therefore the bank would need to have a sample size of 554 to estimate the mean balances owed by their MasterCard customers within 75 miles with a 98 percent confidence.


99 percent confidence interval Population mean 24.4 to 38.0 find the mean sample?

if the confidence interval is 24.4 to 38.0 than the average is the exact middle: 31.2, and the margin of error is 6.8


What happens to the confidence interval if you increase the sample size?

The confidence interval becomes smaller.


What Happens To The Width Of The Confidence Interval If You Decrease The Confidence Level Decrease The Sample Size or Decrease the margin of error?

The width of the confidence interval willdecrease if you decrease the confidence level,increase if you decrease the sample sizeincrease if you decrease the margin of error.


The standard deviation of a sample of 10000 observations equals 121 The variance of the sample equals?

It equals 14641.


Effect on the width of the confidence interval when sample size is increased?

In general, the confidence interval (CI) is reduced as the sample size is increased. See related link.