In: Statistics and Probability
Construct a 95% confidence interval to estimate the population mean with x̅ =109 and σ=31 for the following sample sizes.
n =32
n =45
n =65
A) with 95% confidence when n = 32, the population mean is between the lower limit ___ and upper limit ____ (round to 3 decimals)
B) with 95% confidence when n = 45, the population mean is between the lower limit ___ and upper limit ____ (round to 3 decimals)
C) with 95% confidence when n = 65, the population mean is between the lower limit ___ and upper limit ____ (round to 3 decimals)
Solution :
Given that,
A)
Sample size = n = 32
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96
Margin of error = E = Z/2* ( /n)
= 1.96 * (31 / 32)
= 10.741
At 95% confidence interval estimate of the population mean is,
- E < < + E
109 - 10.741 < < 109 + 10.741
98.259 < < 119.741
lower limit = 98.259
upper limit = 119.741
B)
Margin of error = E = Z/2* ( /n)
= 1.96 * (31 / 45)
= 9.058
At 95% confidence interval estimate of the population mean is,
- E < < + E
109 - 9.058< < 109 + 9.058
99.942 < < 118.058
lower limit = 99.942
upper limit = 118.058
C)
Margin of error = E = Z/2* ( /n)
= 1.96 * (31 / 65)
= 7.536
At 95% confidence interval estimate of the population mean is,
- E < < + E
109 - 7.536 < < 109 + 7.536
101.464 < < 116.536
lower limit = 101.464
upper limit = 116.536