In: Math
Dylan Jones kept careful records of the fuel efficiency of his new car. After the first twelve times he filled up the tank, he found the mean was 22.9 miles per gallon (mpg) with a sample standard deviation of 1.2 mpg.
Solution :
Given that,
= 22.9
s =1.2
n = 12
Degrees of freedom = df = n - 1 = 12- 1 = 11
a ) At 98% confidence level the t is
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02/ 2 = 0.01
t /2,df = t0.01,11 = 2.718
Margin of error = E = t/2,df * (s /n)
=2.718 * ( 1.2/ 12) =0.942
The 98% confidence interval estimate of the population mean is,
- E < < + E
22.9 - 0.942 < <22.9 + 0.942
21.958 < < 23.842
( 21.958 , 23.842)
(B)
Solution :
Given that,
standard deviation =s = =1.2
Margin of error = E = 0.15
At 98% confidence level the z is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02/ 2 = 0.01
Z/2 = Z0.01 = 2.326
sample size = n = [Z/2* / E] 2
n = ( 2.326* 1.2 / 0.15 )2
n =346
Sample size = n =346