In: Statistics and Probability
1. The number of vehicles on a highway link is counted on each of 40 randomly chosen days. The mean number of vehicles is found to be 135, and the standard deviation is 90.
(a) Find a 90% confidence interval for the sample mean.
(b) Find a 90% confidence interval for the mean, assuming it had been based upon a sample of 15 days, instead of a sample 40 days.
Thank you very much!
sample std dev , s = 90.0
Sample Size , n = 40.0
Sample Mean, x̅ = 135.0
Level of Significance , α =
0.1
degree of freedom= DF=n-1= 39
't value=' tα/2= 1.6849 [Excel
formula =t.inv(α/2,df) ]
Standard Error , SE = s/√n = 90.0000 /
√ 40 = 14.230249
margin of error , E=t*SE = 1.6849
* 14.23025 = 23.976193
confidence interval is
Interval Lower Limit = x̅ - E = 135.00
- 23.976193 = 111.023807
Interval Upper Limit = x̅ + E = 135.00
- 23.976193 = 158.976193
90% confidence interval is (
111.024 < µ < 158.976
)
...............
sample std dev , s =
90.0
Sample Size , n = 15.0
Sample Mean, x̅ = 135.0
Level of Significance , α =
0.1
degree of freedom= DF=n-1= 14
't value=' tα/2= 1.7613 [Excel
formula =t.inv(α/2,df) ]
Standard Error , SE = s/√n = 90.0000 /
√ 15 = 23.237900
margin of error , E=t*SE = 1.7613
* 23.23790 = 40.929149
confidence interval is
Interval Lower Limit = x̅ - E = 135.00
- 40.929149 = 94.070851
Interval Upper Limit = x̅ + E = 135.00
- 40.929149 = 175.929149
90% confidence interval is (
94.071 < µ < 175.929
)
..................
THANKS
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