In: Statistics and Probability
Consider a normal population with an unknown population standard deviation. A random sample results in x− = 52.15 and s2 = 21.16. [You may find it useful to reference the t table.] a. Compute the 95% confidence interval for μ if x− and s2 were obtained from a sample of 19 observations. (Round intermediate calculations to at least 4 decimal places. Round "t" value to 3 decimal places and final answers to 2 decimal places.) b. Compute the 95% confidence interval for μ if x− and s2 were obtained from a sample of 27 observations. (Round intermediate calculations to at least 4 decimal places. Round "t" value to 3 decimal places and final answers to 2 decimal places.)
Solution:
Given that
sample mean = 52.15
sample variance s2 = 21.16
sample SD s = 21.16 = 4.6
Confidence level c = 95% = 0.95
a)
Here , n = 19
degrees of freedom df = n - 1 = 18
= 1- c = 1- 0.95 = 0.05
/2 = 0.05 2 = 0.025
Also, d.f = n - 1 = 18
= = 0.025,18 = 2.101
( use t table or t calculator to find this value..)
The margin of error is given by
E = /2,d.f. * ( / n)
= 2.101 * (4.6 / 19 )
= 2.22
Now , confidence interval for mean() is given by:
( - E ) < < ( + E)
(52.15 - 2.22) < < (52.15 + 2.22)
49.93 < < 54.37
Required 95% confidence interval is (49.93 , 54.37)
b)
Here , n = 27
degrees of freedom df = n - 1 = 26
= 1- c = 1- 0.95 = 0.05
/2 = 0.05 2 = 0.025
Also, d.f = n - 1 = 26
= = 0.025,26 = 2.056
( use t table or t calculator to find this value..)
The margin of error is given by
E = /2,d.f. * ( / n)
= 2.056* (4.6 / 27 )
= 1.82
Now , confidence interval for mean() is given by:
( - E ) < < ( + E)
(52.15 - 1.82) < < (52.15 + 1.82)
50.33 < < 53.97
Required 95% confidence interval is (50.33 , 53.97)