Question

In: Statistics and Probability

Assume that population means are to be estrimated from the samples described. Use the sample results...

Assume that population means are to be estrimated from the samples described. Use the sample results to approximate the margin of error and 95% confidence interval. Sample Size= 144. Sample mean = 81. Sample standard deviation=6.

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Expert Solution

Solution:

   Given :

Sample Size = n = 144

Sample mean =

Sample Standard Deviation = s = 6

Confidence level = c = 95%

We have to find Margin of Error and confidence interval.

Margin of Error =

Since sample size n = 144 is large ( > 30 ) . thus we can use Approximate Normal distribution.

Population standard deviation is unknown , hence we use sample estimate of standard deviation s.

we have to find z value for 95% confidence level.

Find area = ( 1 + c) / 2 = ( 1 + 0.95 ) /2 = 1.95 / 2 = 0.9750

Look in z table for area = 0.9750 and find corresponding z value.

Area 0.9750 corresponds to 1.9 and 0.06

Thus z =1.96

Thus Margin of Error =

Thus Margin of Error =

95% confidence interval is :


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