Question

In: Math

You may need to use the appropriate appendix table or technology to answer this question. A...

You may need to use the appropriate appendix table or technology to answer this question.

A simple random sample with

n = 54

provided a sample mean of 23.5 and a sample standard deviation of 4.4. (Round your answers to one decimal place.)

(a)

Develop a 90% confidence interval for the population mean.

to

(b)

Develop a 95% confidence interval for the population mean.

to

(c)

Develop a 99% confidence interval for the population mean.


Solutions

Expert Solution

solution :

Given that,

Point estimate = sample mean = = 23.5

sample standard deviation = s = 4.4

sample size = n = 54

Degrees of freedom = df = n - 1 = 54 - 1 = 53

a) At 90% confidence level

= 1 - 90%

=1 - 0.90 =0.10

/2 = 0.05

t/2,df = 1.674

Margin of error = E = t/2,df * (s /n)

= 1.674* (4.4 / 54)

Margin of error = E = 1.0

The 90% confidence interval estimate of the population mean is,

  ± E  

23.5 ± 1.0

( 22.5 , 24.5 )

b) At 95% confidence level

= 1 - 95%

=1 - 0.95 =0.05

/2 = 0.025

t/2,df = 2.006

Margin of error = E = t/2,df * (s /n)

= 2.006* (4.4 / 54)

Margin of error = E = 1.2

The 95% confidence interval estimate of the population mean is,

  ± E  

23.5 ± 1.2

( 22.2 , 24.7 )

c) At 99% confidence level

= 1 - 99%

=1 - 0.99 =0.01

/2 = 0.005

t/2,df = 2.672

Margin of error = E = t/2,df * (s /n)

= 2.672* (4.4 / 54)

Margin of error = E = 1.6

The 99% confidence interval estimate of the population mean is,

  ± E  

23.5 ± 1.6

( 21.9 , 25.1 )


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