In: Statistics and Probability
Since 2007, the American Psychological Association has supported an annual nationwide survey to examine stress across the United States. A total of 360 Millennials (18- to 33-year-olds) were asked to indicate their average stress level (on a 10-point scale) during a month. The mean score was 5.4. Assume that the population standard deviation is 2.3.
(a) Give the margin of error for a 95% confidence interval.
(Round your answer to three decimal places.)
Find the 95% confidence interval for this sample. (Round your
answers to three decimal places.)
(b) Give the margin of error for a 99% confidence interval. (Round your answer to three decimal places.)
Find the 99% confidence interval for this sample. (Round your answers to three decimal places.)
Solution :
Given that,
sample mean =
= 5.4
Population standard deviation =
= 2.3
Sample size = n =360
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 * ( 2.3 /
360)
=0.238
- E < < + E
5.4-0.238 < < 5.4+0.238
5.162 ,5.68
< <
b.
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 * ( 2.3 /
360)
=0.312
- E < < + E
5.4-0.312< < 5.4+0.312
5.088< < 5.712