In: Statistics and Probability
In a sample of n=3,600 students, the average GPA was x⎯=3.5 with a sample variance of s2=0.25. Calculate the 98% confidence interval for the population GPA μ
What would be the upper limit of the 90% confidence interval if the sample size had only been 16 (round to two digits)?
3.29 |
|
3.39 |
|
3.71 |
|
3.82 |
1)
Point estimate = sample mean = = 3.5
sample standard deviation = s = 0.5
sample size = n = 3600
Degrees of freedom = df = n - 1 = 3599
At 98% confidence level the t is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02 / 2 = 0.01
t /2,df = t0.01,3599 = 2.327
Margin of error = E = t/2,df * (s /√n)
= 2.327 * (0.5 / √ 3600)
= 0.019
The 98% confidence interval estimate of the population mean is,
- E < < + E
3.5 - 0.019 < < 3.5 + 0.019
3.48 < < 3.52
2)
sample size = n = 16
Degrees of freedom = df = n - 1 = 15
At 90% confidence level the t is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
t /2,df = t0.05,15 = 1.753
Margin of error = E = t/2,df * (s /√n)
= 1.753* ( 0.5/ √ 16)
= 0.21
The 90% confidence interval estimate of the population mean is,
- E < < + E
3.5 - 0.21 < < 3.5 + 0.21
3.29 < < 3.71
upper limit of the 90% confidence interval is 3.71