Question
Need help with a homework discussion question. MAT201 Statistics. Need to produce an excel table and display. Two columns or sets of data. ----------------------------------------=--------------------------------------------------------------- On
Need help with a homework discussion question. MAT201 Statistics. Need to produce an excel table and display.
Two columns or sets of data.
----------------------------------------=---------------------------------------------------------------
On the first one we will have a 95% confidence interval with z=1.96 and n=100 Pick a number for xbar between 60-100. Pick a number for s between 4-8. Find the confidence interval given xbar +/- E Note to find the square root of n use n^.5 where you are raising to the .5 or 1/2 power which is a square root. You can also use the square root key.
Here is a short cut to use excel!!!
Pick a value for xbar and s and work it first with n=100 and then with n=400. Let's say you pick xbar = 80 and s=6. Since you have a 95% confidence interval alpha = 100%-95% =5% or .05 as a decimal n is 100.
This is a z score so we use =confidence.norm(alpha, sd, n) to find E
In this case you will type this in an excel cell to find E and then take the =xbar + E and =xbar - E
=confidence.norm(.05,6,100)
then hit enter
Instead of 100 let n=400 Show both intervals and the numbers you used. Why do you think they changed?
(If you had a t test where n< 30 then do then use the following
=confidence.t(alpha,sd,n) to find E.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started