In: Statistics and Probability
The Highway Safety Department wants to study the driving habits of individuals. A sample of 33 cars traveling on a particular stretch of highway revealed an average speed of 68.2 miles per hour with a standard deviation of 9.2 miles per hour. Round to 4 decimal places.
2. What sample size is needed to estimate the true average speed to within 2.5 mph at 95% confidence? Note: For consistency's sake, round your t* value to 3 decimal places before calculating the necessary sample size.
Choose n =
Solution :
Given that,
Point estimate = sample mean = = 68.2
sample standard deviation = s = 9.2
sample size = n = 33
Degrees of freedom = df = n - 1 = 33 - 1 = 32
1) At 95% confidence level
= 1 - 95%
= 1 - 0.95 = 0.05
/2 = 0.025
t/2,df = t0.025,32 = 2.037
Margin of error = E = t/2,df * (s /n)
= 2.037 * (9.2 / 33)
Margin of error = E = 0.0593
The 95% confidence interval estimate of the population mean is,
± E
= 68.2 ± 0.0593
= ( 68.1407, 68.2593)
2) margin of error = E = 2.5
sample size = n = [t/2,df* s / E]2
n = [2.037 * 9.2 / 2.5 ]2
n = 56.19
Sample size = n = 57