In: Statistics and Probability
For a normal population with known variance σ2, answer the following questions:
d. What is the confidence level for the interval μ ≤ x+ 2.00σ∕ √ n?
e. What is the confidence level for the interval x−1.96σ∕ √ n ≤ μ?
Solution:
d)
Given a one sided upper confidence interval for mean
μ ≤ x+ 2.00σ∕ √ n
Formula :
Comparing , = 2.00
Use z table. See the column of z . See 2.0 and then see the corresponding value at .00
So ,
1 - = 0.9772
= 0.0228
Confidence level c = 1 - = 1 - 0.0228 = 0.9772 = 97.72 % or nearly 98%
Answer : Confidence level is 97.72 % or nearly 98%
e)
Given a one sided lower confidence interval for mean
x−1.96σ∕ √ n ≤ μ?
Formula :
Comparing , = 1.96
Use z table. See the column of z . See 1.9 and then see the corresponding value at .06
So ,
1 - = 0.975
= 0.025
Confidence level c = 1 - = 1 - 0.025= 0.975= 97.5 %
Answer : Confidence level is 97.5 %