Question

In: Statistics and Probability

The mean time taken to design a house plan by 38 architects was found to be...

The mean time taken to design a house plan by 38 architects was found to be 19 hours with a standard deviation of 3.25 hours.

Construct a 95% confidence interval for the population mean μ.


Round your answers to two decimal places.

_______to_________ hours

b. Suppose the confidence interval obtained in part a is too wide. Select all of the ways the width of this interval can be reduced.


Lowering the confidence level
Increasing the confidence level
Lowering the sample size
Increasing the sample size

Solutions

Expert Solution

Solution :


Given that,

Point estimate = sample mean =     = 19

Population standard deviation =    = 3.25

Sample size n =38

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 )

Margin of error = E =   Z/2    * ( /n)
= 1.96 * ( 3.25/ 38 )

= 1.03
At 95% confidence interval estimate of the population mean
is,

- E < < + E

19 - 1.03 <   < 19+ 1.03

17.97 <   < 20.03
( 17.97 , 20.03 )


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