In: Statistics and Probability
Construct a 98% confidence interval to estimate the population mean when x=65 and s=14.7 for the sample sizes below.
a) n=19
b) n=43
c) n=58
a) The 98% confidence interval for the population mean when n=19 is from a lower limit of to an upper limit of . (Round to two decimal places as needed.)
b) The 98% confidence interval for the population mean when n=43 is from a lower limit of to an upper limit of. (Round to two decimal places as needed.)
c) The 98% confidence interval for the population mean when n=58 is from a lower limit of to an upper limit of . (Round to two decimal places as needed.)
Solution :
Given that,
Point estimate = sample mean = = 65
sample standard deviation = s = 14.7
a)
sample size = n = 19
Degrees of freedom = df = n - 1 = 18
At 98% confidence level the t is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02 / 2 = 0.01
t /2,df = t0.01,18 = 2.552
Margin of error = E = t/2,df * (s /n)
= 2.552* (14.7 / 19)
= 8.61
The 98% confidence interval estimate of the population mean is,
- E < < + E
65 - 8.61 < < 65 + 8.61
56.39 < < 73.61
The 98% confidence interval for the population mean when n=19 is from a lower limit of 56.39 to an upper limit of 73.61.
b)
sample size = n = 43
Degrees of freedom = df = n - 1 = 42
At 98% confidence level the t is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02 / 2 = 0.01
t /2,df = t0.01,42 = 2.416
Margin of error = E = t/2,df * (s /n)
= 2.416* (14.7 / 43)
= 5.42
The 98% confidence interval estimate of the population mean is,
- E < < + E
65 - 5.41 < < 65 + 5.41
59.59 < < 70.41
The 98% confidence interval for the population mean when n=43 is from a lower limit of 59.59 to an upper limit of 70.41.
c)
sample size = n = 58
Degrees of freedom = df = n - 1 = 57
At 98% confidence level the t is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02 / 2 = 0.01
t /2,df = t0.01,57 = 2.394
Margin of error = E = t/2,df * (s /n)
= 2.394* (14.7 / 58)
= 4.62
The 98% confidence interval estimate of the population mean is,
- E < < + E
65 - 4.62 < < 65 + 4.62
60.38 < < 69.62
The 98% confidence interval for the population mean when n=58 is from a lower limit of 60.38 to an upper limit of 69.62.