In: Statistics and Probability
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals.
From a random sample of 74 dates, the mean record high daily temperature in a certain city has a mean of 84.20°F. Assume the population standard deviation is
15.06°F.
The 90% confidence interval is
The 95% confidence interval is
Solution :
Given that,
= 84.20
= 15.06
n = 74
a ) At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z0.05 = 1.645
Margin of error = E = Z/2* (/n)
= 1.645* (15.06 / 74 )
= 2.88
At 90% confidence interval estimate of the population mean is,
- E < < + E
84.20 - 2.88 < < 84.20 + 2.88
81.32 < < 87.08
(81.32 , 87.08)
b ) At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.960
Margin of error = E = Z/2* (/n)
= 1.960 * (15.06 / 74 )
= 3.43
At 95% confidence interval estimate of the population mean is,
- E < < + E
84.20 - 3.43 < < 84.20 + 3.43
80.77 < < 87.63
( 80.77 , 87.63)