Question

In: Statistics and Probability

Using the Excel sheet for Constructing Confidence Intervals, answer the following questions. 1.   Construct a 90%...

Using the Excel sheet for Constructing Confidence Intervals, answer the following questions.

1.   Construct a 90% confidence interval for the true mean of a normal population if a random sample size of 40 from the population yields a sample mean of 75 and the population has a standard deviation of 5.

Lower limit: ______________     upper limit: ______________

2. A random sample, consisting of the values listed below, was taken from a normally distributed population. Assuming the standard deviation of the population is unknown, construct a 99% confidence interval for the population mean.

Table for 2

27.4

26.5

25.7

31.4

28.2

21.9

16.3

22.7

18.8

34.4

29.2

20.5

Lower limit: ______________     upper limit: ______________

Solutions

Expert Solution

1)

Sample size = n = 40

Sample mean = = 75

Population standard deviation = = 5

We have to construct 90% confidenc interval for the population mean.

Here population standard deviation is known so we have to use one sample z-confidence interval.

z confidence interval

Here E is a margin of error

Zc = 1.645   ( Using z table)

So confidence interval is ( 75 - 1.3004 , 75 + 1.3004) = > ( 73.6996 , 76.3004)

Using excel


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