In: Statistics and Probability
1. In a random sample of 8 people, the mean commute time to work was 34.534.5 minutes and the standard deviation was 7.27.2 minutes. A 9090% confidence interval using the t-distribution was calculated to be left parenthesis 29.7 comma 39.3 right parenthesis(29.7,39.3). After researching commute times to work, it was found that the population standard deviation is 9.19.1 minutes. Find the margin of error and construct a 9090% confidence interval using the standard normal distribution with the appropriate calculations for a standard deviation that is known. Compare the results. The margin of error of muμ is nothing.
__________ (Round to two decimal places as needed.)
2. In a random sample of 2525 people, the mean commute time to work was 32.932.9 minutes and the standard deviation was 7.37.3 minutes. Assume the population is normally distributed and use a t-distribution to construct a 8080% confidence interval for the population mean muμ. What is the margin of error of muμ? Interpret the results. The confidence interval for the population mean muμ is left parenthesis nothing comma nothing right parenthesis .,.
__________(Round to one decimal place as needed.)
PLEASE HELP!!!
Solution:
1) The margin of error for 90% confidence interval of population mean is given by, (when population standard deviation is known)
The 90% confidence interval for population mean (when population standard deviation is known) is given by,
Where, x̄ is sample mean, σ is population standard deviation, n is sample size and Z(0.10/2) is critical z-value to construct 90% confidence interval.
We have, x̄ = 34.5, σ = 9.1, n = 8
Using Z-table we get, Z(0.10/2) = 1.645
Hence, margin of error is,
The margin of error is 5.29.
The 90% confidence interval is,
The 90% confidence interval for population mean commute time is (29.21, 39.79).
Comparison: The calculated 90% confidence interval for population mean (when σ known) is wider than the given confidence interval for population mean which is calculated using t distribution.
2) The margin of error for 80% confidence interval of population mean is given by, (using t distribution)
The 80% confidence interval for population mean (using a t distribution) is given by,
Where, x̄ is sample mean, s is sample standard deviation, n is sample size and t(0.20/2, n-1) is critical t-value to construct 80% confidence interval.
We have, x̄ = 32.9, s = 7.3, n = 25
Using t-table we get, t(0.20/2, 25 - 1) = 1.318
Hence, margin of error is,
The margin of error is 1.9.
The 80% confidence interval is,
The 80% confidence interval for population mean commute time is (31.0, 34.8).
Interpretation : We are 80% confident that true value of population mean commute time will lie within the confidence limits of 80% confidence interval.
Note: The calculated values are in minutes.
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