In: Statistics and Probability
10. State which is the most appropriate: z or t or neither. Give the critical value when you can.
95% confidence; ; ; population has an outlier
11. We want to know if the percentage of last-born children who are the most assertive has changed from the 43% estimate from a study in 2017. How many families should be selected to produce an estimate that is within 1.2% of the population percentage with 98% confidence?
solution
10.
when sample size less than 30 and sample standard deviation is given we use t
when sample size greater than 30 and populationstandard deviation is given we use z
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 ( Using z table )
11.
Solution :
Given that,
= 0.43
1 - = 1 - 0.43 = 0.57
margin of error = E = 1.2% = 0.012
At 98% confidence level the z is,
= 1 - 98%
= 1 - 0.98 = 0.02
/2 = 0.01
Z/2 = 2.33 ( Using z table )
Sample size = n = (Z/2 / E)2 * * (1 - )
= (2.33 / 0.012)2 * 0.43 * 0.57
=9240.44
Sample size = 9241