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.

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).

b. How does the result compare to the confidence interval found in Exercise 14 in Section 7-3?

Caffeine in Soft Drinks Listed below are measured amounts of caffeine (mg per 12 oz of drink) obtained in one can from each of 20 brands (7UP, A&W Root Beer, Cherry Coke, . . . , TaB).

b. Given that Exercise 20 in Section 7-2 used the same data for a 99% confidence interval based on use of the t distribution, and given that the data do not appear to be from a normally distributed population, which confidence interval is likely to be better: The confidence interval from part (a) or the confidence interval found in Exercise 20 in Section 7-2?

Estimating the Median Use the sample data listed in Exercise 1 “Bootstrap Requirements” to generate 1000 bootstrap samples, and find the median in each of those samples. After obtaining the 1000 sample medians, find the 95% confidence interval estimate of the population median by evaluating p2.5 and p97.5 from the sorted 1000 medians. Given that the sample times in Exercise 1 are from the 50 times in Data Set 20 “Alcohol and Tobacco in Movies” and those 50 times have a median of 5.5, how well did the bootstrap method work to create a “good” confidence interval?

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 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?

Professor Evaluation Scores Listed below are student evaluation scores of professors from Data Set 28 “Course Evaluations” in Appendix B. Construct a 95% confidence interval estimate of for each of the two data sets. Does there appear to be a difference in variation?

Comparing Waiting Lines

The values listed below are waiting times (in minutes) of customers at the Jefferson Valley Bank, where customers enter a single waiting line that feeds three teller windows. Construct a 95% confidence interval for the population standard deviation sigma.