Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For the confidence interval, we calculated in this workbook problem, the confidence level is 97%. Using ZInterval on the calculator we found the 97% confidence

image text in transcribed
For the confidence interval, we calculated in this workbook problem, the confidence level is 97%. Using ZInterval on the calculator we found the 97% confidence interval for the mean life was 1929.2 to 1990.8 hours. Based on this sample, we are 97% confident that the mean life expectancy of all the new lightbulbs is between 1929.2 and 1990.8 hours. The length of a confidence interval is (upper bound- lower bound). For this confidence interval, the length is (1990.8-1929.2) = 61.6 hours. To find the Margin of Error, using the length of a confidence interval, we use 2 E = margin of error = Length of C. For this CI, E = 920 = 30.8 hours. To find the center of the CI, Center = (upper bound +lower bound) T . The center of this CI is Center = upper bound+lower bound _1990.8+1929.2 _3920 =1960 hours, which is the sample mean. Remember every confidence interval for the population mean is centered at the sample mean. (a) Now calculate confidence intervals for the mean expectancy of all the new lightbulbs using confidence levels of 90%, 92%, 94%, 98%, and 99%. Determine the length, the margin of error and center for each CI. I have filled in the information for the 97% confidence interval we formed in the workbook. Confidence Confidence Interval Length of CI Margin of Error Center of CI Level 90% 93% 95% 7% 1929.2 to 1990.8 hours 61.6 hours 30.8 hours 1960 hours 98% 99% Problem is continued on the next page (b) As the confidence level increases, what happens to the width of the confidence interval? Use clear, complete sentences to state and justify your answer. (c) As the confidence level increases, what happens to the margin of error? Use clear, complete sentences to state and justify your answer. (d) As the confidence level increases, what happens to the center of the confidence interval? Use clear, complete sentences to state and justify your

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Non-Cooperative Game Theory

Authors: Takako Fujiwara Greve

1st Edition

4431556451, 9784431556459

More Books

Students also viewed these Mathematics questions

Question

What are the short- and long-term effects of stress on the body?

Answered: 1 week ago