In: Statistics and Probability
A simple random sample of size n is drawn from a population that is normally distributed. The sample mean, x overbar is found to be 112, and the sample standard deviation, s, is found to be 10.
(a) Construct a 95% confidence interval about μ if the sample size, n, is 26.
(b) Construct a 95% confidence interval about μ if the sample size, n, is 17.
(c) Construct an 80% confidence interval about μ if the sample size, n, is 26.
(d) Could we have computed the confidence intervals in parts (a)-(c) if the population had not been normally distributed?
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(a)
We need to construct the 95% confidence interval for the population mean μ. The following information is provided:
Sample Mean = | 112 |
Sample Standard Deviation (s) = | 10 |
Sample Size (n) = | 26 |
The critical value for α=0.05 and df=n−1=25 degrees of freedom is . The corresponding confidence interval is computed as shown below:
Therefore, based on the data provided, the 95% confidence interval for the population mean is 107.961<μ<116.039, which indicates that we are 95% confident that the true population mean μ is contained by the interval (107.961,116.039).
(b)
The critical value for α=0.05 and df=n−1=16 degrees of freedom is . The corresponding confidence interval is computed as shown below:
(c)
We need to construct the 80% confidence interval for the population mean μ. The following information is provided:
Sample Mean = | 112 |
Sample Standard Deviation (s) = | 10 |
Sample Size (n) = | 26 |
The critical value for α=0.2 and df=n−1=25 degrees of freedom is . The corresponding confidence interval is computed as shown below:
d)
For non-normal data, we can use bootstrap method in order to create confidence intervals.
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