In: Math
In looking at our class’s data as a sample of a larger population of students (who have taken, are taking, or may one day take this class), we find that the mean number of hours exercised per week during the summer is nearly 9 hours. We know that this is an estimate however. Is it likely that the true population mean is actually under 7 hours? Use a 95% confidence interval to determine this. If we’re willing to use a 99% confidence interval, does that change our findings? (Careful with your rounding!)
. mean exersum
Mean estimation Number of obs = 215
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| Mean Std. Err. [95% Conf. Interval]
-------------+------------------------------------------------
exersum | 8.946512 .7143183
Solution:
First of all we have to find 95% confidence interval for population mean.
Confidence interval = Xbar ± Z*SE
Where SE is standard error
We use Z confidence interval because sample size is given as n=215 which is larger as compared to n=30.
For 95% confidence level, Z = 1.96 (by using z-table)
Confidence interval = Xbar ± Z*SE
We are given Xbar = 8.946512, SE = 0.7143183
Confidence interval = 8.946512 ± 1.96*0.7143183
Confidence interval = 8.946512 ± 1.4001
Lower limit = 8.946512 - 1.4001 = 7.546412
Upper limit = 8.946512 + 1.4001 = 10.34661
Confidence interval = (7.546412, 10.34661)
Now, we have to find 99% confidence interval for population mean.
Confidence interval = Xbar ± Z*SE
Where SE is standard error
We use Z confidence interval because sample size is given as n=215 which is larger as compared to n=30.
For 99% confidence level, Z = 2.5758 (by using z-table)
Confidence interval = Xbar ± Z*SE
We are given Xbar = 8.946512, SE = 0.7143183
Confidence interval = 8.946512 ± 2.5758*0.7143183
Confidence interval = 8.946512 ± 1.8399
Lower limit = 8.946512 - 1.8399= 7.106612
Upper limit = 8.946512 + 1.8399= 10.78641
Confidence interval = (7.106612, 10.78641)
If we use the 99% confidence level instead of 95% confidence level, then it is observed that the width of the confidence interval is increases. The change in confidence level results in change in our findings.