In: Statistics and Probability
Note: Each bound should be rounded to three decimal places.
Q: A random sample of n=100 observations produced a mean of x⎯⎯⎯=35 with a standard deviation of s=5.
(a) Find a 95% confidence interval for μ Lower-bound: Upper-bound:
(b) Find a 90% confidence interval for μ Lower-bound: Upper-bound:
(c) Find a 99% confidence interval for μ Lower-bound: Upper-bound:
Ans ) we have given n=100
sample mean =35 with a standard deviation of s=5.
(a) using excel>addin>phstat>confidence interval we have
Confidence Interval Estimate for the Mean | |
Data | |
Sample Standard Deviation | 5 |
Sample Mean | 35 |
Sample Size | 100 |
Confidence Level | 95% |
Intermediate Calculations | |
Standard Error of the Mean | 0.5 |
Degrees of Freedom | 99 |
t Value | 1.9842 |
Interval Half Width | 0.9921 |
Confidence Interval | |
Interval Lower Limit | 34.008 |
Interval Upper Limit | 35.992 |
a 95% confidence interval for μ
Lower-bound:34.008
Upper-bound:35.992
(b)
Confidence Interval Estimate for the Mean | |
Data | |
Sample Standard Deviation | 5 |
Sample Mean | 35 |
Sample Size | 100 |
Confidence Level | 90% |
Intermediate Calculations | |
Standard Error of the Mean | 0.5 |
Degrees of Freedom | 99 |
t Value | 1.6604 |
Interval Half Width | 0.8302 |
Confidence Interval | |
Interval Lower Limit | 34.170 |
Interval Upper Limit | 35.830 |
a 90% confidence interval for μ
Lower-bound:34.170
Upper-bound:35.830
(c)
Confidence Interval Estimate for the Mean | |
Data | |
Sample Standard Deviation | 5 |
Sample Mean | 35 |
Sample Size | 100 |
Confidence Level | 99% |
Intermediate Calculations | |
Standard Error of the Mean | 0.5 |
Degrees of Freedom | 99 |
t Value | 2.6264 |
Interval Half Width | 1.3132 |
Confidence Interval | |
Interval Lower Limit | 33.687 |
Interval Upper Limit | 36.313 |
a 99% confidence interval for μ
Lower-bound:33.687
Upper-bound:36.313