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Fishkin, CPA, is attempting to determine whether the average height of a player on a basketball team is greater than 80 inches. Based on his sample of basketball players, he determined an estimate of 76 inches with an associated precision of 10 inches. The confidence in this estimate is 90%

A. What on the precision interval associated with Fishkin's sample?
B. Based on this sampling interval, what is Fishkin's conclusion?
C. If Fishkin wanted a higher level of confidence in his sample estimate, would the precision be greater or less than 10 inches?

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Solution Summary

The solution provides an explanation for each question presented by Fishkin, CPA, who is attempting to determine the average height of a player on a basketball team that is greater than 80 inches. All questions presented are addressed.

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A. What on the precision interval associated with Fishkin's sample?

The precision interval associated with the sample is 76 inches to 86 inches (76 + 10). It is always the estimate at the low range, and the estimate + the associated precision as the high ...

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