In: Statistics and Probability
Note: Each bound should be rounded to three decimal places.
A random sample of n=100 observations produced a mean of x̅=28 with a standard deviation of s=6.
(a) Find a 90% confidence interval for ?
Lower-bound: Upper-bound:
(b) Find a 99% confidence interval for ?
Lower-bound: Upper-bound:
(c) Find a 95% confidence interval for ?
Lower-bound: Upper-bound:
n=100, =28, s=6.
a)
formula for confidence inerval is
Where tc is the t critical value for c=90% with df=99
tc= 1.66
(28−0.996 < < 28+0.996)
= (27.004, 28.996)
Lower-bound: 27.004
Upper-bound: 28.996
b)
formula for confidence inerval is
Where tc is the t critical value for c=99% with df=99
tc= 2.626
(28−1.576 < < 28+1.576)
= (26.424 , 29.576)
Lower-bound: 26.424
Upper-bound: 29.576
c)
formula for confidence inerval is
Where tc is the t critical value for c=95% with df=99
tc= 1.984.
( 28−1.191 < < 28+1.191 )
= (26.809 , 29.191)
Lower-bound: 26.809
Upper-bound: 29.191