Question
(1) Keep Confidence Level 90%. For sample size n, choose a value for n between 4 and 10 For sample mean x ,choose a value
(1) Keep Confidence Level 90%.
For sample size n, choose a value for n between 4 and 10
For sample meanx,choose a value between 10 and 80
For sample standard deviation s, choose a value between 3 and 20
1. Use Appendix table IV and find t-value for your case;
2. Calculate Margin of Error;
3. Create Confidence Interval for Population Mean.
(2I) t is often difficult to find the exact mean (average) of a large population of data.We use confidence Intervals to estimate where we think the true mean lies.Discuss the advantages of using aconfidence interval. Give an example of a large population of data that is suited to a confidence interval estimate- in other words, it would be very hard to find the exact true mean of the data.
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