In: Statistics and Probability
A sample of 22 observations is selected from a normal population. The sample standard deviation is 23.00, and the sample mean is 51.
a. Determine the standard error of the mean. (Round the final answer to 4 decimal places.)
The standard error of the mean is
b. Determine the 80% confidence interval for the population mean. (Round the final answers to 2 decimal places.)
The 80% confidence interval for the population mean is between ? and ?
c. f you wanted a wider interval, would you increase or decrease the confidence level?
Solution :
Given that,
Point estimate = sample mean = = 51
sample standard deviation = s = 23.00
sample size = n = 22
Degrees of freedom = df = n - 1 = 22 - 1 = 21
a) SE = s / n = 23.00 / 22 = 4.9036
b) At 80% confidence level
= 1 - 80%
=1 - 0.80 =0.20
/2
= 0.10
t/2,df
= t0.10,21 = 1.323
Margin of error = E = t/2,df * (s /n)
= 1.323 * (23.00 / 22)
Margin of error = E = 6.49
The 80% confidence interval estimate of the population mean is,
± E
= 51 ± 6.49
= ( 44.51, 57.49 )
The 80% confidence interval for the population mean is between 44.51 and 57.49.
c) If you wanted a wider interval,the confidence interval is increases.