In: Math
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.
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 )