In: Statistics and Probability
Construct 90%, 95%, and 99% confidence intervals to estimate μ from the following data. State the point estimate. Assume the data come from a normally distributed population. 12.3 11.6 11.9 12.9 12.5 11.4 12.0 11.7 11.8 12.3 (Round the intermediate values to 4 decimal places. Round your answers to 2 decimal places.) 90% confidence interval: enter the lower limit of the 90% confidence interval ≤ μ ≤ enter the upper limit of the 90% confidence interval 95% confidence interval: enter the lower limit of the 95% confidence interval ≤ μ ≤ enter the upper limit of the 95% confidence interval 99% confidence interval: enter the lower limit of the 99% confidence interval ≤ μ ≤ enter the upper limit of the 99% confidence interval The point estimate is enter the point estimate .
Answers to questions asked:
90% confidence interval: 11.78 < < 12.31
95% confidence interval: 11.71 < < 12.37
99% confidence interval: 11.57 < < 12.51
The point estimate is 12.04
Explanation:
(i)
From the given data, the following statistics are calculated:
n = 10
= 12.04
s = 0.4575
= 0.10
df = 10 - 1 = 9
From Table, critical values of t = 1.833
90% Confidence Interval:
So,
Answer is:
(11.78, 12.31)
(ii)
From the given data, the following statistics are calculated:
n = 10
= 12.04
s = 0.4575
= 0.05
df = 10 - 1 = 9
From Table, critical values of t = 2.262
95% Confidence Interval:
So,
Answer is:
(11.71, 12.37)
(iii)
From the given data, the following statistics are calculated:
n = 10
= 12.04
s = 0.4575
= 0.01
df = 10 - 1 = 9
From Table, critical values of t = 3.25
99% Confidence Interval:
So,
Answer is:
(11.57, 12.51)