Question

In: Statistics and Probability

(4.1) A random sample of 89 observations produced a mean x = 26.1 and a standard...

(4.1)

A random sample of 89 observations produced a mean x = 26.1 and a standard deviation s = 2.4

a. Find a? 95% confidence interval for ?.

b. Find a? 90% confidence interval for ?.

c. Find a? 99% confidence interval for ?.

a. The? 95% confidence interval is (----,----) ?(Use integers or decimals for any numbers in the expression. Round to two decimal places as? needed.)

b. The? 90% confidence interval is ----,------. (Use integers or decimals for any numbers in the expression. Round to two decimal places as? needed.)
c. The 99% confidence interval is ...,….. (Use integers or decimals for any numbers in the expression. Round to two decimal places as? needed.)

(4.2)

The mean and standard deviation of a random sample of n measurements are equal to 34.8

and 3.4?, respectively.

a. Find a 95?% confidence interval for ? if 121.

b. Find a 95?% confidence interval for ? if n = 484.

c. Find the widths of the confidence intervals found in parts a and b. What is the effect on the width of a confidence interval of quadrupling the sample size while holding the confidence coefficient? fixed?

a. The 95?% confidence interval for ? if n = 121 is approximately (-------) ?(Round to three decimal places as? needed.)

b. Find a 95?% confidence interval for ? if n = 484 (--------) ?(Round to three decimal places as? needed.)

c. Find the widths of the confidence intervals found in parts a and b. What is the effect on the width of a confidence interval of quadrupling the sample size while holding the confidence coefficient? fixed? (----------) (Round to three decimal places as? needed.)


Solutions

Expert Solution

  • A)The 95% confidence interval is given by
  • The critical value at Za/2=Z0.025 is 1.96
  • 0.95=P(-1.96<N(0,1)<1.96)
  • 0.95=P(-1.96<<1.96)
  • The Margin of error is given by
  • m.g=critical value *standard error
  • =1.96*(2.4*sqrt(89))
  • =0.4986
  • By substituting the calculated values
  • the confidence interval obtained is
  • (25.601<<26.59)
  • B)The 90%confidence interval is given by
  • The critical value at Za/2=Z0.05 is 1.645
  • 0.95=P(-1.645<N(0,1)<1.645)
  • 0.95=P(-1.645<<1.645)
  • The Margin of error is given by
  • m.g=critical value *standard error
  • =1.645*(2.4*sqrt(89))
  • =0.4184
  • By substituting the calculated values
  • the confidence interval obtained is
  • (25.681<<26.51)
  • C)To calculate the 99% confidence interval.
  • he critical value at Za/2=Z0.005 is 2.5758
  • 0.95=P(-2.5758<N(0,1)<2.5758)
  • 0.95=P(-2.5758<<2.5758)
  • The Margin of error is given by
  • m.g=critical value *standard error
  • =2.5758*(2.4*sqrt(89))
  • =0.65528
  • By substituting the calculated values
  • the confidence interval obtained is
  • (25.444<<26.752)

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