Question
Let the following sample of 8 observations be drawn from a normal population with unknown mean and standard deviation: 22, 18, 14, 25, 17, 28,
Let the following sample of 8 observations be drawn from a normal population with unknown mean and standard deviation: 22, 18, 14, 25, 17, 28, 15, 21. [You may find it useful to reference the t table.]
a. Calculate the sample mean and the sample standard deviation. (Round intermediate calculations to at least 4 decimal places. Round "Sample mean" value to whole number and "Sample Standard deviation" answer to 2 decimal places.)
b. Construct the 80% confidence interval for the population mean. (Round "t" value to 3 decimal places and final answers to 2 decimal places.)
c. Construct the 90% confidence interval for the population mean. (Round "t" value to 3 decimal places and final answers to 2 decimal places.)
d. What happens to the margin of error as the confidence level increases from 80% to 90%?
- As the confidence level increases, the margin of error becomes smaller.
- As the confidence level increases, the margin of error becomes larger.
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