In: Statistics and Probability
A random sample of nn measurements was selected from a population with standard deviation σ=19.9σ=19.9 and unknown mean μμ. Calculate a 9595 % confidence interval for μμ for each of the following situations:
(a) n=60, x¯¯¯=95.6n=60, x¯=95.6
≤μ≤≤μ≤
(b) n=80, x¯¯¯=95.6n=80, x¯=95.6
≤μ≤≤μ≤
(c) n=100, x¯¯¯=95.6n=100, x¯=95.6
≤μ≤≤μ≤
(d) In general, we can say that for the same confidence level, increasing the sample size the margin of error (width) of the confidence interval. (Enter: ''DECREASES'', ''DOES NOT CHANGE'' or ''INCREASES'', without the quotes.)
Solution :
Given that,
Point estimate = sample mean =
= 95.6
Population standard deviation =
= 19.9
a) Sample size = n = 60
At 95% confidence level
= 1 - 95%
= 1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.96
Margin of error = E = Z/2
* (
/n)
= 1.96 * ( 19.9 / 60
)
= 5.04
At 95% confidence interval estimate of the population mean is,
- E
+ E
95.6 - 5.04
95.6 + 5.04
( 90.56
100.64 )
b) Sample size = n = 80
Margin of error = E = Z/2
* (
/n)
= 1.96 * ( 19.9 / 80
)
= 4.36
At 95% confidence interval estimate of the population mean is,
- E
+ E
95.6 - 4.36
95.6 + 4.36
( 91.24
99.96 )
c) Sample size = n = 100
Margin of error = E = Z/2
* (
/n)
= 1.96 * ( 19.9 / 100
)
= 3.90
At 95% confidence interval estimate of the population mean is,
- E
+ E
95.6 - 3.90
95.6 + 3.90
( 91.70
99.50 )
d) In general, we can say that for the same confidence level, increasing the sample size the margin of error (width) of the confidence interval DECREASES