In: Statistics and Probability
A random sample of 100100 observations produced a mean of x¯¯¯=38.6x¯=38.6 from a population with a normal distribution and a standard deviation σ=4.42σ=4.42.
(a) Find a 9090% confidence interval for μμ
≤μ≤≤μ≤
(b) Find a 9595% confidence interval for μμ
≤μ≤≤μ≤
(c) Find a 9999% confidence interval for μμ
≤μ≤≤μ≤
Solution
Given that,
= 38.6
= 4.42
n = 100
a ) 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 * (4.42 / 100 )
= 0.7
At 90% confidence interval estimate of the population mean is,
- E < < + E
38.6 - 0.7 < < 38.6 +0.7
37.9 < < 39.3
b ) At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.960
Margin of error = E = Z/2* (/n)
= 1.960 * (4.42 / 100 )
= 0.9
At 95% confidence interval estimate of the population mean is,
- E < < + E
38.6 - 0.9 < < 38.6 +0.9
37.7 < < 39.5
c ) At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576
Margin of error = E = Z/2* (/n)
= 2.576 * (4.42 / 100 )
= 1.1
At 99% confidence interval estimate of the population mean is,
- E < < + E
38.6 - 1.1 < < 38.6 + 1.1
37.5 < < 39.7