In: Statistics and Probability
Solution :
Given that,
Point estimate = sample mean =
= 37.5
Population standard deviation =
= 7.80
Sample size = n = 41
a) At 99% confidence level
= 1 - 99%
= 1 - 0.99 =0.01
/2
= 0.005
Z/2
= Z0.005 = 2.576
Margin of error = E = Z/2
* (
/n)
E = 2.576 * (7.80 / 41
)
E = 3.14
At 99% confidence interval estimate of the population mean is,
± E
37.5 ± 3.14
( 34.36, 40.64)
lower limit = 34.36
upper limit = 40.64
margin of error = 3.14
b) n is large
SD is known
c) 99% of the intervals created using this method will contain the true average blood plasma volume in male firefighters.
d) margin of error = E = 3.00
sample size = n = [Z/2* / E] 2
n = [2.576 * 7.80 / 3.00]2
n = 44.85
Sample size = n = 45 male firefighters.