In: Statistics and Probability
For each of the following situations, identify the parameter being estimated and calculate anappropriate 95% confidence interval for the parameter. In your own words, interpret the interval.
1. A poll of 700 Americans is taken and they are asked to state their favorite color. 187 of those polled respond that red is their favorite color.
2. Suppose we want to estimate the average weight of an adult male in Dekalb County, Georgia. We draw a random sample of 1,000 men and weight them. We find that the average man in our sample weighs 180 pounds, and the standard deviation of the sample is 30 pounds
(1)
Parameter: In the following question the parameter
of interest is the true proportion of Americans , i.e.,
have red color being their favorite color.
In the question we have given that a random sample of
Americans has taken and 187 state that their favorite color is
red, then the sample proportion is calculated as -
The formula for calculating the
confidence interval for the true proportion
is given by :
Critical
value: For 95% confidence
______________________________
(2)
Parameter: The parametr of interest here is the
true average weight of adult male in Dekalb County, i.e.,
Given: sample size,
; sample mean,
; sample standard deviation,
The formula for calculating the
confidence interval for the true average weight of the adult male
in Dekalb County is given by :
Critcal
value: For 95% confidence,