In: Statistics and Probability
A simple random sample of 50 items from a population with
σ = 8
resulted in a sample mean of 38. (Round your answers to two decimal places.)
(a)
Provide a 90% confidence interval for the population mean.
to
(b)
Provide a 95% confidence interval for the population mean.
to
(c)
Provide a 99% confidence interval for the population mean.
to
Solution :
Given that,
(a)
Sample size = n = 50
Z/2 = 1.645
Margin of error = E = Z/2* ( /n)
= 1.645 * (8 / 50)
Margin of error = E = 1.86
At 90% confidence interval estimate of the population mean is,
- E < < + E
38 - 1.86 < < 38 + 1.86
36.14 < < 39.86
A 90% confidence interval for the population mean is 36.14 to 39.86
(b)
Sample size = n = 50
Z/2 = 1.96
Margin of error = E = Z/2* ( /n)
= 1.96 * (8 / 50)
Margin of error = E = 2.22
At 95% confidence interval estimate of the population mean is,
- E < < + E
38 - 2.22 < < 38+2.22
35.78 < < 40.22
A95% confidence interval for the population mean is 35.78 to 40.22
(c)
Sample size = n = 50
Z/2 = 2.576
Margin of error = E = Z/2* ( /n)
= 2.576 * (8 / 50)
Margin of error = E = 2.91
At 99% confidence interval estimate of the population mean is,
- E < < + E
38 - 2.91 < < 38 + 2.91
35.09 < < 40.91
A 99% confidence interval for the population mean is 35.09 to 40.91