In: Statistics and Probability
A simple random sample of size n is drawn. The sample mean, x overbar x, is found to be 17.8, and the sample standard deviation, s, is found to be 4.9.
(a) Construct a 95% confidence interval about mu μ if the sample size, n, is 34.
Lower bound=
Upper bound=
(Use ascending order. Round to two decimal places as needed.)
(b) Construct a 95% confidence interval about mu μ if the sample size, n, is 61.
Lower bound=
Upper bound=
(Use ascending order. Round to two decimal places as needed.)
How does increasing the sample size affect the margin of error, E?
A. The margin of error increases.
B. The margin of error does not change.
C. The margin of error decreases.
(c) Construct a 99 99% confidence interval about mu μ if the sample size, n, is 34.
Lower bound=
Upper bound=
(Use ascending order. Round to two decimal places as needed.)
Compare the results to those obtained in part (a). How does increasing the level of confidence affect the size of the margin of error, E?
A. The margin of error decreases.
B. The margin of error does not change.
C. The margin of error increases.
(d) If the sample size is 18, what conditions must be satisfied to compute the confidence interval?
A. The sample size must be large and the sample should not have any outliers.
B. The sample must come from a population that is normally distributed and the sample size must be large.
C. The sample data must come from a population that is normally distributed with no outliers.
Answer :
Given data is :
Mean =
= 17.8
Standard deviation = s = 4.9
a)Given sample size n = 34
Confidence level is at 95%
Z value at 95% is 1.96
CI =
=
=
=
=
=
=
CI = (16.15 , 19.45)
Lower bound = 16.15
Upper bound = 19.45
b)1)Given sample size n = 61
Confidence level is at 95%
Z value at 95% is 1.96
CI =
=
=
=
=
=
=
CI = (16.57 , 19.03)
Lower bound = 16.57
Upper bound = 19.03
b)2)Based on these,
If we increase the sample size then the margin of error will decrease.
Option C is correct.
Because,Margin of error ME=
in part a) n = 34 then ME = 1.6464
in part b) n = 61 then ME = 1.229
c)1)Given sample size n = 34
Confidence level is at 99.99%
Z value at 99.99% is 3.891
CI =
=
=
=
=
=
=
CI = (14.53 , 21.07)
Lower bound = 14.53
Upper bound = 21.07
C)2)Based on these values,
If confidence interval increases then the margin of error increases
Option C is correct.
d)Given sample size is 18.
i.e It is less than 30
The sample data must come from a population that is normally distributed with no outliers.
Option C is correct.