Question
A simple random sample of 50 item from a population with = 6 result in a Sample mean of 32. a. Construct a 90
A simple random sample of 50 item from a population with σ = 6 result in a Sample mean of 32.
a. Construct a 90 per cent confidence interval for the population mean µ.
b. Construct a 95 per cent confidence interval for µ.
c. Construct a 99 per cent confidence interval for µ.
A survey of 750 university students found they were paying on average €108 per week in accommodation costs. Assume the population standard deviation for weekly accommodation costs is €22.
a. Construct a 90 percent confidence interval estimate of the population mean µ.
b. Construct a 95 percent confidence interval estimate of µ.
c. Construct a 99 percent confidence interval estimate of µ.
d. Discuss what happens to the width of the confidence interval as the confidence level is increased. Does this result seem reasonable? Explain.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Mean 32 sd 6 and n 50 a zvalue for 90 CI is 1645 ME 16456sqrt50 13958 ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Document Format ( 2 attachments)
6099ab7aac365_29910.pdf
180 KBs PDF File
6099ab7aac365_29910.docx
120 KBs Word File
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started