In: Statistics and Probability
efficient experts study the processes used to manufacture items in order to make them as efficient as possible. One of the steps used to manufacture a metal clamp involves the drilling of three holes. in a sample of 75 clamps, the mean time to complete this step was 49.4 seconds. assume that the population standard deviation is 7 seconds. construct a 99% confidence interval for the mean time needed to complete this step. Round the answer to at least one decimal place.
Part B of question A sample size of ______ is needed in order to obtain a 80% confidence level with a margin error of 1.5 Round the sample size up to the nearest integer
Solution:
Part A)
Given,
= 49.4
= 7
n = 75
Note that, Population standard deviation() is known..So we use z distribution. Our aim is to construct 99% confidence interval.
c = 0.99
= 1- c = 1- 0.99 = 0.01
/2 = 0.01 2 = 0.005 and 1- /2 = 0.995
Search the probability 0.995 in the Z table and see corresponding z value
= 2.576
The margin of error is given by
E = /2 * ( / n )
= 2.576 * (7 / 75)
= 2.08
Now , confidence interval for mean() is given by:
( - E ) < < ( + E)
(49.4 - 2.08) < < (49.4 + 2.08)
47.32 < < 51.48
Required 99% confidence interval is (47.32 , 51.48)
Part B)
Solution:
Given ,
= 7 ..Population SD
E = 1.5 Margin of error
c = 80% = 0.80 ...confidence level
Find sample size required.
c = 0.80
= 1- c = 1- 0.80 = 0.20
/2 = 0.10
Using Z table ,
= 1.28
Now, sample size (n) is given by,
= {(1.28* 7 )/ 1.5}2
= 35.6807111111
= 36 ..(round to the next whole number)
Answer :A sample size of 36 is needed .