In: Statistics and Probability
Assume that a sample is used to estimate a population mean μμ. Find the 99.5% confidence interval for a sample of size 642 with a mean of 22.2 and a standard deviation of 9.3. Enter your answers accurate to four decimal places.
Confidence Interval = ( , )
You measure 29 textbooks' weights, and find they have a mean
weight of 47 ounces. Assume the population standard deviation is
10.8 ounces. Based on this, construct a 99.5% confidence interval
for the true population mean textbook weight.
Keep 4 decimal places of accuracy in any calculations you do.
Report your answers to four decimal places.
Confidence Interval = ( , )
Solution :
Given that,
1)Point estimate = sample mean =
= 22.2
Population standard deviation =
= 9.3
Sample size = n = 642
At 99.5% confidence level
= 1-0.995% =1-0.995 =0.005
/2
=0.005/ 2= 0.0025
Z/2
= Z0.0025 = 2.807
Z/2
= 2.807
Margin of error = E = Z/2
* (
/n)
= 2.807 * ( 9.3 / 642 )
= 1.0303
At 99.5 % confidence interval estimate of the population mean
is,
- E <
<
+ E
22.2 - 1.0303 <
< 22.2 + 1.0303
21.1697 <
< 23.2303
Confidence Interval( 21.1697 ,23.2303 )
2)
Point estimate = sample mean = = 47
Population standard deviation =
=10.8
Sample size = n = 29
At 99.5% confidence level
= 1-0.995% =1-0.995 =0.005
/2
=0.005/ 2= 0.0025
Z/2
= Z0.0025 = 2.807
Z/2
= 2.807
Margin of error = E = Z/2
* (
/n)
= 2.807 * ( 10.8 / 29 )
=5.6295
At 99.5 % confidence interval estimate of the population mean
is,
- E <
<
+ E
47 - 5.6295 <
< 47 + 5.6295
41.3705 <
< 52.6295
Confidence Interval ( 21.1697 ,52.6295 )