In: Math
Consider a normal population distribution with the value of \(\sigma\) known.
(a) What is the confidence level for the interval \(\bar{x} \pm 2.88 \sigma / \sqrt{n} ?\) (Round your answer to one decimal place.)
\(\%\)
(b) What is the confidence level for the interval \(\bar{x} \pm 1.47 \sigma / \sqrt{n} ?\) (Round your answer to one decimal place.) \(\%\)
(c) What value of \(z_{\alpha / 2}\) in the CI formula below results in a confidence level of \(99.7 \% ?\) (Round your answer to two decimal places.)
\(\left(\bar{x}-z_{\alpha / 2} \cdot \frac{\sigma}{\sqrt{n}}, \bar{x}+z_{\alpha / 2} \cdot \frac{\sigma}{\sqrt{n}}\right)\)
\(z_{\alpha / 2}=\)
(d) Answer the question posed in part (c) for a confidence level of \(78 \%\). (Round your answer to two decimal places.) \(z_{\alpha / 2}=\)
1)
Solution :
(a)
Z/2 = 2.88
/2 = 0.002
= 0.002 * 2 = 0.004
c = 1 - = 1 - 0.004 = 0.996
Confidence level = 99.6%
(b)
Z/2 = 1.47
/2 = 0.0708
= 0.0708 * 2 = 0.1416
c = 1 - = 1 - 0.142 = 0.858
Confidence level = 85.8%
(c)
At 99.7% confidence level the z is ,
= 1 - 99.7% = 1 - 0.997 = 0.003
/ 2 = 0.003 / 2 = 0.0015
Z/2 = Z0.0015 = 2.97
(d)
At 78% confidence level the z is ,
= 1 - 78% = 1 - 0.78 = 0.22
/ 2 = 0.22 / 2 = 0.11
Z/2 = Z0.11 = 1.23