In: Statistics and Probability
A sample of 17 observations is selected from a normal population. The sample standard deviation is 21.75, and the sample mean is 36.
a. Determine the standard error of the mean. (Round the final answer to 4 decimal places.)
The standard error of the mean is .
b. Determine the 80% confidence interval for the population mean. (Round the final answers to 2 decimal places.)
The 80% confidence interval for the population mean is between and .
c. f you wanted a wider interval, would you increase or decrease the confidence level?
(Click to select) Increase Decrease
Solution :
Given that,
= 36
s =21.75
n =17
Degrees of freedom = df = n - 1 = - 17 = 16
a ) At 80% confidence level the t is ,
= 1 - 80% = 1 - 0.80 = 0.20
/ 2= 0.20 / 2 = 0.10
t /2,df = t0.10,16 =1.337 ( using student t table)
standard error =(s /n) =(21.75 / 17) =5.2751
Margin of error = E = t/2,df * (s /n)
= 1.337 * (21.75 / 17)
E=7.05
The 80% confidence interval estimate of the population mean is,
- E < < + E
36 - 7.05 < <36 + 7.05
28.95 < < 43.05
( 28.95 and 43.05)