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