In: Statistics and Probability
A hamburger chain sells large hamburgers. When we take a sample of 40 hamburgers and weigh them, we find that the mean is 0.52 pounds and the standard deviation is 0.3 pound.
Technology Output N 40 Mean 0.52 STDEV. 0.3000 One-Sample T SE Mean 0.0474 95% CI (0.4241, 0.61590)
a. A technology input menu for calculating a confidence interval requires a sample size, a sample mean, and a sample standard deviation. State how you would fill in these numbers.
Sample Size: Answer ____ Sample Mean: Answer ____ Standard Deviation: Answer _____ (Type an integer or a decimal do not round)
b. Choose the correct interpretation of the confidence interval below and fill in the answer boxes to complete your choice. (Round to four decimal places as needed. Use ascending order.) Using the accompanying technology output, report the confidence interval in a carefully worded sentence.
A.We are 95% confident that the population mean is between Answer ___ and ___.
B.There is a 95% probability that the recorded sample mean is between Answer ___ and ___.
C.There is a 95% probability that the population mean is between Answer ___ and ___.
D.We are 95% confident that the recorded sample mean is between Answer ___ and ___.
Solution :
Given that,
Point estimate = sample mean = = 0.52
sample standard deviation = s = 0.3
sample size = n = 40
Degrees of freedom = df = n - 1 = 40 - 1 = 39
SE = s / n = 0.3 / 40 = 0.0474
At 95% confidence level
= 1 - 95%
=1 - 0.95 =0.05
/2
= 0.025
t/2,df
= t0.025,39 = 2.023
Margin of error = E = t/2,df * SE
= 2.023 * 0.0474
Margin of error = E = 0.0959
The 95% confidence interval estimate of the population mean is,
± E
= 0.52 ± 0.0959
= ( 0.4241,0.6159 )
A.We are 95% confident that the population mean is between 0.4241 and 0.6159