In: Statistics and Probability
QUESTION 1
In order to determine the average weight of carry-on luggage by
passengers in airplanes, a sample of 36 pieces of carry-on luggage
was weighed. The average weight was 22 pounds. Assume that we know
the standard deviation of the population to be 7 pounds.
a. |
Determine a 99% confidence interval estimate for the mean weight of the carry-on luggage. |
b. |
Determine a 95% confidence interval estimate for the mean weight of the carry-on luggage. |
Solution :
Given that,
Point estimate = sample mean =
= 22
Population standard deviation =
= 7
Sample size = n =36
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576 ( Using z table )
Margin of error = E = Z/2* ( /n)
= 2.576* ( 7/ 36)
E= 3.0053
At 99% confidence interval estimate of the population mean is,
- E < < + E
22-3.0053 < < 22+3.0053
18.9947< < 25.0053
(18.9947,< 25.0053)
(B)
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96 ( Using z table )
Margin of error = E = Z/2* ( /n)
= 1.96* ( 7/ 36)
E=2.2867
At 95% confidence interval estimate of the population mean is,
- E < < + E
22-2.2867 < < 22+2.2867
19.7133< < 24.2867
(19.7133,24.2867)