In: Statistics and Probability
TheCurdleDairyCo.wantstoestimatetheproportionpofcustomersthat will purchase its new broccoli-flavored ice cream. Curdle wants to be 92% confident that they have estimated p to within .05. How many customers should they sample?
6. Foracertainurbanarea,inasampleof5months,anaverageof28mail carriers were bitten by dogs each month. The standard deviation of the population is 3 mail carriers. Find the 90% confidence interval of the true mean number of mail carriers who are bitten by dogs each month.
Solution :
Given that,
= 0.5
1 - = 0.5
margin of error = E = 0.05
At 92% confidence level the z is ,
= 1 - 92% = 1 - 0.92 = 0.08
/ 2 = 0.08 / 2 = 0.04
Z/2 = Z0.04 = 1.751
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.751/0.05 )2 * 0.5 * 0.5
= 306.60
sample size = 307
6)
Given that,
Point estimate = sample mean = = 28
Population standard deviation = = 3
Sample size = n = 5
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z0.05 = 1.645
Margin of error = E = Z/2* ( /n)
= 1.645 * (3 / 5 )
= 2.21
At 90% confidence interval estimate of the population mean is,
- E < < + E
28 - 2.21 < < 28 + 2.21
25.79 < < 30.21
( 25.79 , 30.21 )