In: Math
Use the sample information x⎯⎯x = 36, σ = 7, n = 16 to calculate the following confidence intervals for μ assuming the sample is from a normal population.
(a) 90 percent confidence. (Round your answers to 4 decimal places.)
The 90% confidence interval is from to
(b) 95 percent confidence. (Round your answers to 4 decimal places.)
The 95% confidence interval is from to
(c) 99 percent confidence. (Round your answers to 4 decimal places.)
The 99% confidence interval is from to
(d) Describe how the intervals change as you increase the confidence level.
The interval gets narrower as the confidence level increases. | |
The interval gets wider as the confidence level decreases. | |
The interval gets wider as the confidence level increases. | |
The interval stays the same as the
confidence level increases. |
Solution :
Given that,
= 36
= 7
n = 16
(a)
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z0.05 = 1.645
Margin of error = E = Z/2* ( /n)
= 1.645 * ( 7 / 16)
= 2.8786
At 90% confidence interval estimate of the population mean is,
- E < < + E
36 - 2.8786 < < 36 + 2.8786
33.1214 < < 38.8786
The 90% confidence interval is from to : 33.1214 to 38.8786
(b)
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96
Margin of error = E = Z/2* ( /n)
= 1.96 * ( 7 / 16)
= 3.43
At 95% confidence interval estimate of the population mean is,
- E < < + E
36 - 3.43 < < 36 + 3.43
32.57 < < 39.43
The 95% confidence interval is from to : 32.57 to 39.43
(c)
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576
Margin of error = E = Z/2* ( /n)
= 2.576 * ( 7 / 16)
= 4.508
At 99% confidence interval estimate of the population mean is,
- E < < + E
36 - 4.508 < < 36 + 4.508
31.492 < < 40.508
The 99% confidence interval is from to : 31.492 to 40.508
d)
The interval gets wider as the confidence level increases.