Question: Situation 1: Fred constructed a 95% confidence interval to estimate the average length (in minutes) of the movies he watches, with a random sample of
Situation 1: Fred constructed a 95% confidence interval to estimate the average length (in minutes) of the movies he watches, with a random sample of 15 movies. He plans to continue collecting data until he has a random sample of 40 movies, and then find a new confidence interval.
Situation 2: Fred constructed a 95% confidence interval to estimate the average length (in minutes) of the movies he watches, with a random sample of 15 movies. He plans to continue collecting data until he has a random sample of 40 movies, and then find a new confidence interval. Which of these statements is most accurate?
Which of these statements is most accurate?
a
Both the standard error and the critical value will probably decrease for the larger sample.
b
Since 40 is a large sample, he will be able to use the Normal distribution.
c
The critical value will increase for the larger sample, but the standard error will probably decrease.
d
He should not perform inference at all, because he will probably continue watching movies for many years to come.
e
With this larger sample he can be more sure that his 95% confidence interval captures the true mean length of all movies he watches.
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