A simple random sample of 60 items resulted in a sample mean of 80. The population standard

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A simple random sample of 60 items resulted in a sample mean of 80. The population standard deviation is σ = 15.
a. Compute the 95% confidence interval for the population mean.
b. Assume that the same sample mean was obtained from a sample of 120 items. Provide a 95% confidence interval for the population mean.
c. What is the effect of a larger sample size on the interval estimate?

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Essentials Of Statistics For Business And Economics

ISBN: 9781305081598

7th Edition

Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam

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