Normal Quantile Plot The accompanying normal quantile plot was obtained from the longevity times of presidents. What does this graph tell us?

Bachelor’s Degree in Four Years In a study of government financial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a bachelor’s degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.1 margin of error, and use a confidence level of 95%.

a. Assume that nothing is known about the percentage to be estimated.

Bachelor’s Degree in Four Years In a study of government financial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a bachelor’s degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.1 margin of error, and use a confidence level of 95%.

b. Assume that prior studies have shown that about 40% of full-time students earn bachelor’s degrees in four years or less.

Bachelor’s Degree The president of Brown University wants to estimate the mean time (years) it takes students to earn a bachelor’s degree. How many students must be surveyed in order to be 95% confident that the estimate is within 0.2 year of the true population mean? Assume that the population standard deviation is sigma=1.3 years

Mint Specs Listed below are weights (grams) from a simple random sample of pennies produced after 1983 (from Data Set 40 “Coin Weights” in Appendix B). Construct a 95% confidence interval estimate of for the population of such pennies. What does the confidence interval suggest about the U.S. Mint specifications that now require a standard deviation of 0.0230 g for weights of pennies?

Matching In Exercises 17–20, match the level of confidence c with the appropriate confidence interval. Assume each confidence interval is constructed for the same sample statistics.

c = 0.98

True or False? In Exercises 5–8, determine whether the statement is true or false. If it is false, rewrite it as a true statement.

If the sample size is at least 30, then you can use z-scores to determine the probability that a sample mean falls in a given interval of the sampling distribution.

True or False? In Exercises 5–8, determine whether the statement is true or false. If it is false, rewrite it as a true statement.

A sampling distribution is normal only when the population is normal.

True or False? In Exercises 5–8, determine whether the statement is true or false. If it is false, rewrite it as a true statement.

As the sample size increases, the standard deviation of the distribution of sample means increases.