In: Statistics and Probability
1. In a sample of 10 packages of hamburger buns, the average (mean) weight of the packages was 200 grams. Assuming that the population standard deviation is 2.5 grams, construct a 92% confidence interval. [Show ALL your work. No marks will be awarded without supporting calculations]
2.In a sample of 35 packages of hot dogs, the average (mean) weight of the packages was 454 grams and the sample standard deviation was 20 grams. Construct a 98% confidence interval. [Show ALL your work. No marks will be awarded without supporting calculations]
1)
Solution :
Given that,
Point estimate = sample mean = = 200
Population standard deviation = = 2.5
Sample size = n = 10
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
Margin of error = E = Z/2* ( /n)
= 1.751 * ( 2.5/ 10 )
= 1.38
At 99% confidence interval estimate of the population mean is,
- E < < + E
200 - 1.38 < < 200 + 1.38
198.62 < < 201.38
( 198.62 , 201.38 )
2)
Given that,
Point estimate = sample mean = = 454
Population standard deviation = = 20
Sample size = n = 35
At 98% confidence level the z is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02 / 2 = 0.01
Z/2 = Z0.01 = 2.326
Margin of error = E = Z/2* ( /n)
= 2.326 * ( 20/ 35 )
= 7.86
At 98% confidence interval estimate of the population mean is,
- E < < + E
454 - 7.86 < < 454 + 7.86
446.14 < < 552.86
(446.14 , 552.86)