In: Statistics and Probability
1. A simple random sample of size n equals 350 individuals who are currently employed is asked if they work at home at least once per week. Of the 350 employed individuals surveyed, 32 responded that they did work at home at least once per week. Construct a 99% confidence interval for the population proportion of employed individuals who work at home at least once per week.
QUESTION- what is the lower and upper bound
2. A simple random sample of size n=21 is drawn from a population that is normally distributed. The sample mean is found to be x "overbar" = 51 and the sample standard deviation is found to be equals=10. Construct a 95% confidence interval about the population mean.
QUESTION- what is the lower and upper bound
3. A simple random sample of size n= 40 is drawn from a population. The sample mean is found to be x "overbar" equals 120.4 and the sample standard deviation is found to be s= 12.8. Construct a 99% confidence interval for the population mean.
QUESTION- what is the lower and upper bound
Solution :
1 ) Given that
n = 350
x =32
= x / n = 32 / 350 = 0.091
1 - = 1 - 0.091 = 0.909
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.580
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 2.580 * (((0.091 * 0.909) / 350 )
= 0.040
A 90 % confidence interval for population proportion p is ,
- E < P < + E
0.091 - 0.040 < p < 0.091 + 0.040
0.051 < p < 0.131
2 )Given that,
= 51
s = 10
n = 21
Degrees of freedom = df = n - 1 = 21 - 1 = 20
At 95% confidence level the t is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
t /2,df = t0.025,20 =2.086
Margin of error = E = t/2,df * (s /n)
= 2.086 * (10 / 21)
= 4.55
Margin of error = 4.55
The 95% confidence interval estimate of the population mean is,
- E < < + E
51 - 4.55 < < 51 + 4.55
46.45 < < 55.55
The lower bound = 46.45
The upper bound = 5.55
3 ) Given that,
= 120.4
s = 12.8
n = 40
Degrees of freedom = df = n - 1 = 40 - 1 = 39
At 99% confidence level the t is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
t /2,df = t0.005,39 =2.708
Margin of error = E = t/2,df * (s /n)
= 2.708 * (12.8 / 40)
= 5.48
Margin of error =5.48
The 99% confidence interval estimate of the population mean is,
- E < < + E
120.4 - 5.48 < < 120.4 + 5.48
114.92 < < 125.88
The lower bound = 114.92
The upper bound = 125.88