Question

In: Statistics and Probability

Thirty veterinary clinics in Oklahoma gave an average of 210 shots per week. Assume that σ...

Thirty veterinary clinics in Oklahoma gave an average of 210 shots per week. Assume that σ is known to be 29 shots per week. For a 95% confidence interval, find:

a) Margin of Error

b) Confidence Interval

Solutions

Expert Solution

Solution :


Given that,

Point estimate = sample mean =     = 210

Population standard deviation =     =29

Sample size n =30

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* (29 / 30 )

= 10.3775
At 95% confidence interval estimate of the population mean
is,

- E <   < + E

210 - 10.3775 <   < 210+ 10.3775

199.6225 <   < 220.3775

( 199.6225,220.3775)


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