Question

In: Statistics and Probability

Assume that a sample is used to estimate a population mean μ. Find the 95% confidence...

Assume that a sample is used to estimate a population mean μ. Find the 95% confidence interval for a sample of size 1037 with a mean of 38.4 and a standard deviation of 19.2. Enter your answer as a tri-linear inequality accurate to 3 decimal places.
_______< μ < _______

Solutions

Expert Solution

Solution:

Given:

n= sample size = 1037

Sample mean =

Sample standard deviation = s = 19.2

Find 95% confidence interval:

where

Since population standard deviation is unknown we use sample standard deviation s and since sample size n is large, we use z.

We need to find zc value for c=95% confidence level.

Find Area = ( 1 + c ) / 2 = ( 1 + 0.95) /2 = 1.95 / 2 = 0.9750

Look in z table for Area = 0.9750 or its closest area and find z value.

Area = 0.9750 corresponds to 1.9 and 0.06 , thus z critical value = 1.96

That is : Zc = 1.96

thus

Thus


Related Solutions

Assume that a sample is used to estimate a population mean μ . Find the 95%...
Assume that a sample is used to estimate a population mean μ . Find the 95% confidence interval for a sample of size 352 with a mean of 70.5 and a standard deviation of 12.6. Enter your answer as a tri-linear inequality accurate to one decimal place (because the sample statistics are reported accurate to one decimal place). < μ <
Assume that a sample is used to estimate a population mean μμ. Find the 95% confidence...
Assume that a sample is used to estimate a population mean μμ. Find the 95% confidence interval for a sample of size 56 with a mean of 65.3 and a standard deviation of 6.4. Enter your answer as an open-interval (i.e., parentheses) accurate to 3 decimal places. 95% C.I. = The answer should be obtained without any preliminary rounding.
Assume that a sample is used to estimate a population mean μ. Find the 99% confidence...
Assume that a sample is used to estimate a population mean μ. Find the 99% confidence interval for a sample of size 641 with a mean of 21.3 and a standard deviation of 19.7. Enter your answer as a tri-linear inequality accurate to 3 decimal places. ____ < μ < ____
Assume that a sample is used to estimate a population mean μ. Find the 99.5% confidence...
Assume that a sample is used to estimate a population mean μ. Find the 99.5% confidence interval for a sample of size 74 with a mean of 56.3 and a standard deviation of 19.1. Enter your answer as an open-interval (i.e., parentheses) accurate to 3 decimal places. 99.5% C.I. = In a survey, 27 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $33.9 and standard deviation...
Assume that a sample is used to estimate a population mean μ. Find the 99% confidence...
Assume that a sample is used to estimate a population mean μ. Find the 99% confidence interval for a sample of size 46 with a mean of 47.2 and a standard deviation of 16.3. Enter your answer as an open-interval (i.e., parentheses) accurate to 3 decimal places. 99% C.I. = The answer should be obtained without any preliminary rounding
Assume that a sample is used to estimate a population proportion p. Find the 95% confidence...
Assume that a sample is used to estimate a population proportion p. Find the 95% confidence interval for a sample of size 252 with 79% successes. Enter your answer as a tri-linear inequality using decimals (not percents) accurate to three decimal places. < p <
Assume that a sample is used to estimate a population proportion p. Find the 95% confidence...
Assume that a sample is used to estimate a population proportion p. Find the 95% confidence interval for a sample of size 287 with 207 successes. Enter your answer as a tri-linear inequality using decimals (not percents) accurate to three decimal places. < p
Assume that a sample is used to estimate a population proportion p. Find the 95% confidence...
Assume that a sample is used to estimate a population proportion p. Find the 95% confidence interval for a sample of size 243 with 27.2% successes. Enter your answer as a tri-linear inequality using decimals (not percents) accurate to three decimal places.
Assume that a sample is used to estimate a population proportion p. Find the 95% confidence...
Assume that a sample is used to estimate a population proportion p. Find the 95% confidence interval for a sample of size 380 with 125 successes. Enter your answer as a tri-linear inequality using decimals (not percents) accurate to three decimal places. ___ < p < ____ Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.
Assume that a sample is used to estimate a population mean μ . Find the 99.9%...
Assume that a sample is used to estimate a population mean μ . Find the 99.9% confidence interval for a sample of size 24 with a mean of 32.5 and a standard deviation of 12.9. Enter your answer accurate to one decimal place. I am 99.9% confident that the mean μ is between ____and____
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT