ο You are wanting to find the average number of siblings a student at Iowa State has. Instead of taking a census, you decide to obtain a sample and use that sample to estimate the true average. • Voluntary Response • Convenience Sample • Systematic Sample You have a simple random sample ο Sample size is large ο ^ › np < 10 ^ › n(1-p) < 10 Math symbol π‘πΌ Def’n Look up in table Typically use 1.96 for 95% CI 2 confidence level π se(π) How to find it Estimated mean Estimated standard error Degrees of freedom Given to you Math symbol π‘πΌ Def’n How to find it T-distribution related Look up in table to πΌ Typically use 1.96 for 95% CI 2 confidence level πΌ Given to you Estimated mean π se(π) df ^ Estimated standard error Degrees of freedom n-1 π₯ π π π ο π - π‘πΌ 2 (π π(π)) to π + π‘πΌ 2 (π π(π)) Find the consumers groups 95% confidence interval ο Based on this, what conclusions would you make about the promise of 750 hours. ο If the manufacturer follows the same estimate of s, what is their 95% confidence interval ο Based on this, what might their response be if the consumer group complains they lie. ο ο Create a generic sentence that can apply to any confidence interval in any situation. (Leave blanks where you would specify when given context) ο I am 95% confident that the mean _______ lies between _____ and _____. ο 95% of the confidence intervals made this way would contain the true population mean ο A catalog sales company promises to deliver orders placed on the Internet within 3 days. Follow-up calls to randomly selected customers show that a 95% confidence interval for the proportion of all orders that arrive on time is 88% +/- 6%. What does this mean? Which of these are correct a) Between 82% and 94% of all orders arrive on time b) 95% of all random samples of customers will show that 88% of orders arrived on time c) 95% of all random samples of customers will show that 82% to 94% of orders arrived on time. d) We are 95% sure that between 82% and 94% of the orders placed by the customers in this sample arrived on time e) On a randomly chosen day, we can be 95% confident that between 82% and 94% of the large volume of orders will arrive on time ο A catalog sales company promises to deliver orders placed on the Internet within 3 days. Follow-up calls to randomly selected customers show that a 95% confidence interval for the proportion of all orders that arrive on time is 88% +/- 6%. What does this mean? Which of these are correct a) Between 82% and 94% of all orders arrive on time b) 95% of all random samples of customers will show that 88% of orders arrived on time c) 95% of all random samples of customers will show that 82% to 94% of orders arrived on time. d) We are 95% sure that between 82% and 94% of the orders placed by the customers in this sample arrived on time e) On a randomly chosen day, we can be 95% confident that between 82% and 94% of the large volume of orders will arrive on time