In: Statistics and Probability
A)
[Metacritic and Once Upon a Time... in Hollywood] One of the movies that the Metacritic rated was Once Upon a Time... in Hollywood.Based on the data from Metacritic on April 21, 2020, there are n=36 reviews, the sample average score is 67.56, and the sample standard deviation is 9.65.
A 99% confidence interval for the true average score (µ) of Once Upon a Time... in Hollywood is:
| a. | 
 [63.42, 71.70]  | 
|
| b. | 
 [63.18, 71.94]  | 
|
| c. | 
 [64.84, 70.28]  | 
|
| d. | 
 [60.94, 72.18]  | 
B)
A 95% confidence interval for the true average score (µ) of Once Upon a Time... in Hollywood is:
| a. | 
 [64.29, 70.83]  | 
|
| b. | 
 [64.41, 70.71]  | 
|
| c. | 
 [63.42, 71.70]  | 
|
| d. | 
 [66.22, 68.90]  | 
Solution :
Given that,
A
t
/2,df = 2.724
Margin of error = E = t
/2,df
* (s /n)
= 2.724 * (9.65 / 
36)
Margin of error = E = 4.38
The 99% confidence interval estimate of4.38 the population mean is,
- E < 
 < 
 + E
67.56 - 4.38 < 
 < 67.56 + 4.38
63.18 < 
 < 71.94
(63.18 , 71.94)
option b. is correct
B
t
/2,df = 2.0301
Margin of error = E = t
/2,df
* (s /n)
= 2.0301 * (9.65 / 
36)
Margin of error = E = 3.27
The 95% confidence interval estimate of the population mean is,
- E < 
 < 
 + E
67.56 - 3.27 < 
 < 67.56 + 3.27
64.29 < 
 < 70.83
(64.29 , 70.83)
option a. is correct