Question

In: Statistics and Probability

Given: Assume you have collected data from 150 subjects, and that the distribution of the data...

Given: Assume you have collected data from 150 subjects, and that the distribution of the data is a "normal" distribution. The mean of the scores is 37, with a standard deviation of 4.5. Using the given information, calculate the 68% confidence interval. A confidence interval represents a range of values, the lowest value is references as the "lower bound", the highest value is referenced as the "upper bound". Determine the lower and upper bounds for the 68% confidence interval. Round your answer for each value to a single decimal place (e.g. 36.63 rounds to 36.6).

Lower Bound =

Upper Bound =

Solutions

Expert Solution

Solution :

Given that,

= 37

= 4.5

n = 150

At 68% confidence level the z is ,

  = 1 - 68% = 1 - 0.68 = 0.32

/ 2 = 0.32 / 2 = 0.16

Z/2 = Z0.16 = 0.995

Margin of error = E = Z/2* ( /n)

= 0.995 * (4.5 / 150)

= 0.37

At 68% confidence interval estimate of the population mean is,

- E < < + E

37 - 0.37< < 37 + 0.37

36.63< < 37.37

(36.63 ,  37.37 )

lower bound =36.63

upper bound = 37.37


Related Solutions

Suppose the researcher has collected data from a sample of 150 individuals for this study. For...
Suppose the researcher has collected data from a sample of 150 individuals for this study. For each individual, the weekly take-home pay and weekly food expenditure were recorded. The data is stored in the file FOODEXP.XLS. Using this data set and EXCEL, answer the questions below. Take-home pay   Weekly food expenditure 262   82 369   182 374   144 381   161 378   210 395   126 401   196 410   212 408   130 415   151 418   145 415   171 425   156 116   114 120  ...
HOW DO I FIND THEORETICAL DISTRIBUTION if I have information from my collected data?
HOW DO I FIND THEORETICAL DISTRIBUTION if I have information from my collected data?
You are analysing data collected by a rover on the moon. You may assume that the...
You are analysing data collected by a rover on the moon. You may assume that the rover starts at the origin (0,0,0), and that each coordinate it transmits contains an East-West component, a North-South component and an altitude component, relative to the origin. Let positive movement in the i direction be East, positive movement in the j direction be North, and positive movement in the k direction be increasing altitude. All values are in meters. Assume the moon is flat...
1. Assume that your data comes from a Normal distribution. Further assume that the distribution has...
1. Assume that your data comes from a Normal distribution. Further assume that the distribution has pop-ulation mean μ equal to your sample mean ̄x and population standard deviationσequal to your samplestandard deviations. Draw the graph of the Normal distribution described, labeling the mean and the tickmarks at standard deviation units. 2. We were sampling from the distribution of rainfall in a particular month. Assuming this distribution is Normal, find the proportion of years in which rainfall in the selected...
Matlab question The data you will analyse is distribution zone substation data collected for the financial...
Matlab question The data you will analyse is distribution zone substation data collected for the financial years 2005 to 2017. It is available at https://cloudstor.aarnet.edu.au/plus/s/3Ffy7Qq3ps3i3vj with password ELEC2103#Assignment. 1. Write a sub-routine to load some or all of the Ausgrid distribution zone substation data into a useable format in MATLAB. 2. Write a sub-routine to analyse the data in MATLAB by modelling/fitting it, using regression, classification, ANOVA or other machine learning methods. You may wish to pre-process the data in...
Data collected from two groups of subjects, one used generic drugs(Gen) and the other used Refernce...
Data collected from two groups of subjects, one used generic drugs(Gen) and the other used Refernce drug(Ref). The average absorption extent for Refernce drug that applied to Nref=78 subjects was Xref=2065, with the SD of Sref=881.8. The average absorption for Generic (Gen) that applied to NGen= 79 subject was XGen=2085 with the SD of SGen=643.5. State HO and H! and test the significance of the differnce between generic and refernce drugs at 95% level. Need some guidance... thank you
Let's say you have collected data from a large sample of participants on some variable that...
Let's say you have collected data from a large sample of participants on some variable that you think is normally distributed. In this case use IQ scores. Describe the variable and state whether the scale of measurement is nominal, ordinal, interval, or ratio, and why you came to that conclusion. What does it mean to say the variable is normally distributed? What is probability value and explain how a probability value of .05 in your example is related to the...
From the data collected below, show how you have followed all 14 of the steps on...
From the data collected below, show how you have followed all 14 of the steps on page 340 to compute the chi-square test of difference by completing the information in the charts below. Answer the hypothesis and interpret your findings. You can use the abbreviations provided in the first chart in Labels column of the second chart. For example, reference Japanese individuals who primarily utilized an action-based strategy to resolve a conflict episode as AJ. Japan (J) United States (U)...
1.Assume you collected a quarterly sales data (in millions of dollars) over a four-year period from...
1.Assume you collected a quarterly sales data (in millions of dollars) over a four-year period from the first quarter 2016 to the fourth quarter 2019, and computed the seasonal index for each quarter. If the values of the actual sales and deseasonalised sales were 162 and 158.68, respectively, in the second quarter of 2016, what is the (normalised) seasonal index for the second quarter? Round your answer to two decimal places. 2. Assume you collected data representing the number of...
24. Assume that you are on the financial staff of Vanderheiden Inc., and you have collected...
24. Assume that you are on the financial staff of Vanderheiden Inc., and you have collected the following data: The yield on the company’s outstanding bonds is 7.75%, its tax rate is 25%, the next expected dividend is $0.65 a share, the dividend is expected to grow at a constant rate of 6.00% a year, the price of the stock is $14.00 per share, the flotation cost for selling new shares is F = 10%, and the target capital structure...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT