In: Statistics and Probability
1.In a random sample of 23 people, the mean commute time to work was 31.1 minutes and the standard deviation was 7.2 minutes. Assume the population is normally distributed and use a t-distribution to construct a 80% confidence interval for the population mean mu. What is the margin of error of mu? Interpret the results. The confidence interval for the population mean mu is left parenthesis nothing comma nothing right parenthesis . (Round to one decimal place as needed.)
2.In a random sample of 13 microwave ovens, the mean repair cost was $80.00 and the standard deviation was $15.20. Using the standard normal distribution with the appropriate calculations for a standard deviation that is known, assume the population is normally distributed, find the margin of error and construct a 95% confidence interval for the population mean mu. A 95% confidence interval using the t-distribution was left parenthesis 70.8 comma 89.2 right parenthesis. Compare the results.
1). For the given details with population standard deviation unknown we will be using t-distribution for confidence interval calculation as:
μ = M ± t(sM)
where:
M = sample mean
t = t statistic determined by confidence level
and at the degree of freedom=n-1 using T table shown below
sM = standard error =
√(s2/n)
the margin of error is calculated as:
=t(sM)
=1.32*1.5
=1.984
Interpretation:
The margin of error is the maximum allowable error for the mean commute time to work of all people.
The Confidence interval as:
M = 31.1
t = 1.32 computed using T table at 23-2=22 degree of
freedom
sM = √(7.22/23) = 1.5
μ = M ± t(sM)
μ = 31.1 ± 1.32*1.5
μ = 31.1 ± 1.984
Hence 80% CI [29.1, 33.1]
2). Here with thee giveen details and known population standard deviation the confidence interval is caluculated as:
μ = M ± Z(sM)
where:
M = sample mean
Z = Z statistic determined by confidence
level
sM = standard error =
√(s2/n)
The Margin of error is calculated as:
Z(sM)
=1.96*4.22
=8.26
and the confidence interval as:
M = 80
Z = 1.96 9 Calculated using Z table shown below or can be
computed using excel )
sM = √(15.22/13) =
4.22
μ = M ± Z(sM)
μ = 80 ± 1.96*4.22
μ = 80 ± 8.26
95% CI [71.7, 88.3].
Since the Confidence interval using t-distribution is (70.8, 89.2) which we can say that it is wider than the confidence interval calculated using Z distribution.
The Z table and t table are: