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Enabling Assessment in Estimation
Enabling Assessment in Estimation
Enabling Assessment in Estimation
ENABLING ASSESSMENT
Estimation
Score:
NAME: __________________________________ DATE: ____________________
Read, understand and solve each item carefully. Show your complete solution on the answer sheet column.
Direction: Solve each problem showing all the necessary steps and computations.
1. Given are the capital shares and existing loan balances of 12 randomly chosen member accounts of a certain
cooperative.
Shared Capital: 7500, 12800, 9650, 13000, 25000, 15000, 15500, 17250, 18600, 21050, 16750, 17800, 15000,
22100, 10210
Loan Balance : 8788, 9250, 12745, 12334, 15243, 6780, 12740, 15210, 8750, 9936, 15025, 16750, 8898,
16240, 15224
a. Find a good estimate of the mean, variance, and standard deviation for the shared capital of the
cooperative members. (5 points)
b. Find a good estimate of the mean, variance, and standard deviation for the loan balances of the cooperative
members. (5 points)
2. Below is the number of households subscribed in TITAN Telecoms in 5 barangays of San Carlos.
For 5 points, estimate the proportion of households in San Carlos that subscribed to TITAN
Telecoms
3. The quality control officer of Paumbong Food Industry, in milliliters (mL)randomly select 16 identical
bottles of Sukang Paumbong and measures their contents in ML. The measurements are as follows: 350, 357,
352, 360, 348, 355, 349, 363, 361, 355, 352, 357, 355, 350, 356 and 346. Assuming the contents is normally
distributed, determine the following:
a. The 95% CI for the mean contents of all the bottles of Sukang Paumbong. 5 points
b. The length of the 95% CI Interval for the mean contents of all the bottles of Sukang Paumbong. 5
points
b. How large a sample is needed so that we can be 98% confident that true average grocery expenses per
week of all households will not be off by Php 100.00. 5 points
3. A study aims to determine the incidence of malnutrition among grade-1 students in Cavite. Of the 10
randomly selected elementary schools in Cavite, 240 out of the 3660 grade-1 students are underweight.
a. Find the 96% CI on the true proportion of all underweight grade-1 students in Cavite.5 points
b. What is the length of the interval. 5 points