In: Statistics and Probability
A simple random sample of size n is drawn. The sample mean, x, is found to be 18.5, and the sample standard deviation, s, is found to be 4.6.
(a) Construct a 95% confidence interval about μ if the sample size, n, is 34.
Lower bound: ___
Upper bound: ___
(Use ascending order. Round to two decimal places as needed.)
(b) Construct a 95% confidence interval about μ if the sample size, n, is 61.
Lower bound: ___
Upper bound: ___
(Use ascending order. Round to two decimal places as needed.)
How does increasing the sample size affect the margin of error, E?
A. The margin of error decreases.
B. The margin of error does not change.
C.The margin of error increases.
(c) Construct a 99% confidence interval about μ if the sample size, n, is 34.
Lower bound: ___
Upper bound: ___
(Use ascending order. Round to two decimal places as needed.)
Compare the results to those obtained in part (a). How does increasing the level of confidence affect the size of the margin of error, E?
A. The margin of error increases.
B.The margin of error decreases.
C. The margin of error does not change.
(d) If the sample size is 14, what conditions must be satisfied to compute the confidence interval?
A. The sample data must come from a population that is normally distributed with no outliers.
B. The sample must come from a population that is normally distributed and the sample size must be large.
C. The sample size must be large and the sample should not have any outliers.
a)
sample mean, xbar = 18.5
sample standard deviation, s = 4.6
sample size, n = 34
degrees of freedom, df = n - 1 = 33
Given CI level is 95%, hence α = 1 - 0.95 = 0.05
α/2 = 0.05/2 = 0.025, tc = t(α/2, df) = 2.035
ME = tc * s/sqrt(n)
ME = 2.035 * 4.6/sqrt(34)
ME = 1.605
CI = (xbar - tc * s/sqrt(n) , xbar + tc * s/sqrt(n))
CI = (18.5 - 2.035 * 4.6/sqrt(34) , 18.5 + 2.035 *
4.6/sqrt(34))
CI = (16.89 , 20.11)
Lower bound = 16.89
Upper bound = 20.11
b)
sample mean, xbar = 18.5
sample standard deviation, s = 4.6
sample size, n = 61
degrees of freedom, df = n - 1 = 60
Given CI level is 95%, hence α = 1 - 0.95 = 0.05
α/2 = 0.05/2 = 0.025, tc = t(α/2, df) = 2
ME = tc * s/sqrt(n)
ME = 2 * 4.6/sqrt(61)
ME = 1.178
CI = (xbar - tc * s/sqrt(n) , xbar + tc * s/sqrt(n))
CI = (18.5 - 2 * 4.6/sqrt(61) , 18.5 + 2 * 4.6/sqrt(61))
CI = (17.32 , 19.68)
Lower bound = 17.32
Upper bound = 19.68
C.The margin of error increases.
c)
sample mean, xbar = 18.5
sample standard deviation, s = 4.6
sample size, n = 34
degrees of freedom, df = n - 1 = 33
Given CI level is 99%, hence α = 1 - 0.99 = 0.01
α/2 = 0.01/2 = 0.005, tc = t(α/2, df) = 2.733
ME = tc * s/sqrt(n)
ME = 2.733 * 4.6/sqrt(34)
ME = 2.156
CI = (xbar - tc * s/sqrt(n) , xbar + tc * s/sqrt(n))
CI = (18.5 - 2.733 * 4.6/sqrt(34) , 18.5 + 2.733 *
4.6/sqrt(34))
CI = (16.34 , 20.66)
Lower bound = 16.34
Upper bound = 20.66
A. The margin of error increases.
d)
B. The sample must come from a population that is normally distributed and the sample size must be large.
c)