In: Statistics and Probability
A simple random sample of 90 items resulted in a sample mean of 60. The population standard deviation is
σ = 10.
(a) Compute the 95% confidence interval for the population mean. (Round your answers to two decimal places.)
______ to ________
(b) Assume that the same sample mean was obtained from a sample of 180 items. Provide a 95% confidence interval for the population mean. (Round your answers to two decimal places.)
______ to _______
Solution :
Given that,
Point estimate = sample mean =
= 60
Population standard deviation =
= 10
a) Sample size = n = 90
At 95% confidence level
= 1-0.95% =1-0.95 =0.05
/2
=0.05/ 2= 0.025
Z/2
= Z0.025 = 1.960
Z/2 = 1.960
Margin of error = E = Z/2
* (
/n)
= 1.960 *( 10 /90 )
= 2.07
At 95 % confidence interval estimate of the population mean is,
- E <
<
+ E
60 - 2.07 < <
60 + 2.07
57.93 <
< 62.07
( 57.93 ,62.07 )
A 95% confidence interval for the population mean is 57.93 to 62.07
b)
Sample size = n = 180
At 95% confidence level
= 1-0.95% =1-0.95 =0.05
/2
=0.05/ 2= 0.025
Z/2
= Z0.025 = 1.960
Z/2 = 1.960
Margin of error = E = Z/2
* (
/n)
= 1.960 *( 10 /180 )
=1.46
At 95 % confidence interval estimate of the population mean is,
- E <
<
+ E
60 - 1.46 < <
60 + 1.46
58.54 <
< 61.46
( 58.54 ,61.46 )
A 95% confidence interval for the population mean is 58.54 to 61.46