Question

In: Statistics and Probability

1.  Find the margin of error for the mean weight of medium Antonio’s cheese pizza if a...

1.  Find the margin of error for the mean weight of medium Antonio’s cheese pizza if a sample of size n = 16 produces a sample standard deviation of 4.220 g, assuming 95% confidence. Round to two decimals.

2. The mean and standard deviation for voltages of power packs labeled as 12 volts for a sample of 25 are as follows:

= 12.34
s = 0.3

Please develop a 95.00% confidence interval for the sample above. (Round to 3 decimal places.)
Lower limit = ?

Upper limit = ?

3. The actual voltages of power packs labeled as 12 volts for a sample are as follows: 11.90, 11.79, 11.38, 11.79, 12.21, 11.95, 11.38, 11.01.
Please develop a 90.00% confidence interval for the sample above.

Lower limit = ?

Upper limit = ?

4. Assuming the random variable X is normally distributed, compute the lower and upper limits of the 90% confidence interval for the population mean if a random sample of size n=7 produces a sample mean of 12 and sample standard deviation of 6.00. Round to two decimals.

Lower Limit = ?,

Upper Limit = ?

5. A random sample of 22 scalpers’ ticket prices for a rock concert has sample mean $44.00 and sample standard deviation of $6.02. What is the upper and lower limit of the 95% confidence interval of mean scalpers’ ticket prices? Round to two decimals.

Lower Limit = ?

Upper Limit = ?

Solutions

Expert Solution

1. n = 16

sample sd = s = 4.220

95 % CI

df = 15

t value = TINV(0.05,15) = 2.131

ANS: Margin of error = 2.25

2. n = 25, mean = 12.34, sd = 0.3

t value = TINV(0.05,24) = 2.064

CI = mean +/-E = 12.34 +/- 0.124 = (12.216 , 12.464)

3. n = 8,

mean = sum of all terms / no of terms = 93.41/ 8 = 11.6763

sample sd = s

data data-mean (data - mean)2
11.90 0.2237 0.05004169
11.79 0.1137 0.01292769
11.38 -0.2963 0.087793689999999
11.79 0.1137 0.01292769
12.21 0.5337 0.28483569
11.95 0.2737 0.07491169
11.38 -0.2963 0.087793689999999
11.01 -0.6663 0.44395569

t value at 90% = TINV(0.10,7) = 1.895

CI = mean +/-E = 11.6763 +/- 0.260 = (11.416 , 11.936)

4.  n = 7, mean = 12, sd = 6

t value = TINV(0.1,6) = 1.943

CI = mean +/-E = 12 +/- 4.407 = (7.593 , 16.407)

5.

n = 22, mean = 44, sd = 6.02

t value = TINV(0.1,21) = 2.080

CI = mean +/-E = 44 +/- 2.669 = (41.331 , 46.669)


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