In: Statistics and Probability
q1) The 95% confidence interval for the mean, calculated from a sample is 1.412011 ≤ μ ≤ 2.587989. Determine the sample mean X-(this one x dash) =
q2) Assuming that the data is normally distributed with the population standard deviation =1.5, determine the size of the sample n =
confidence interval is      
           
lower limit =    1.412011      
       
upper limit=   2.587989      
       
sample mean = (lower limit+upper limit)/2= (  
1.412011   +   2.587989   ) / 2
=   2
2)
margin of error = (upper limit-lower limit)/2= (  
2.587989   -   1.412011   ) / 2
=   0.587989
alpha =   1-CL =   5%  
           
   
Z value =    Zα/2 =    1.960   [excel
formula =normsinv(α/2)]      
       
          
           
   
Sample Size,n = (Z * σ / E )² = (   1.960  
*   1.5   /   0.587989   )
² =   25.000
          
           
   
          
           
   
So,Sample Size needed=       25