Question

In: Math

2. It is estimated that the standard deviation of the height of American adult males is...

2. It is estimated that the standard deviation of the height of American adult males is 4 inches. Suppose we survey a sample of 50 men and find a sample mean of 69 inches.
(a) For a confidence level of %90, what is the margin of error and the confidence interval?
(b) For a confidence level of %95, what is the margin of error and the confidence interval?
(c) If we sample 500 men instead, and still insist on %90 confidence level, what is the new margin of error and the new confidence interval?
(d) If we wanted a 95% confidence level and we wanted a margin of error less than 0.1, how many men would we need to survey (what must our sample size be)?

Solutions

Expert Solution

a)

sample mean x̄= 69.0000
sample size                 n= 50.00
population std deviation σ= 4.000
standard errror of mean = σx=σ/√n= 0.5657
for 90 % CI value of z= 1.645
margin of error E=z*std error                            = 0.930
lower confidence bound=sample mean-margin of error= 68.070
Upper confidence bound=sample mean +margin of error= 69.930

b)

for 95 % CI value of z= 1.960
margin of error E=z*std error                            = 1.109
lower confidence bound=sample mean-margin of error= 67.891
Upper confidence bound=sample mean +margin of error= 70.109

c)

standard errror of mean = σx=σ/√n= 0.1789
for 90 % CI value of z= 1.645
margin of error E=z*std error                            = 0.294
lower confidence bound=sample mean-margin of error= 68.706
Upper confidence bound=sample mean +margin of error= 69.294

d)

for95% CI crtiical Z          = 1.96
standard deviation σ= 4.000
margin of error E = 0.1
required sample size n=(zσ/E)2                  = 6147

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