Question
question 12 The annual earnings(in dollars) of 35 randomly selected microbiologists are shown in the data table. Use the data to(a) find the samplemean, (b)
question 12
The annual earnings(in dollars) of 35 randomly selected microbiologists are shown in the data table. Use the data to(a) find the samplemean, (b) find the sample standarddeviation, and(c) construct a98% confidence interval for the population mean.
100,118
80,437
77,709
67,970
51,574
68,146
94,142
65,797
78,742
74,366
44,680
86,631
60,806
57,878
54,703
78,642
47,576
98,597
81,039
93,010
63,936
74,253
51,042
61,084
91,828
84,012
79,475
64,093
74,614
56,655
46,803
89,014
75,830
61,358
83,091
(a) Find the sample mean.
x=
(Type an integer or decimal rounded to two decimal places asneeded.)
(b) Find the sample standard deviation.
s=
(Type an integer or decimal rounded to two decimal places asneeded.)
(c) Construct a98% confidence interval for the population mean.
___<<____
question 13
Use the confidence interval to find the margin of error and the sample mean.
(0.248,0.350)
The margin of error is _____
The sample mean is ____
question 14
If all other quantities remain thesame, how does the indicated change affect the minimum sample sizerequirement?
(a) Increase in the level of confidence
(b) Increase in the error tolerance
(c) Increase in the population standard deviation
(a) How does an increase in the level of confidence affect the minimum sample sizerequirement? Choose the correct answer below.
An increase in the level of confidence __________the minimum sample size required.
(b) How does an increase in the error tolerance affect the minimum sample sizerequirement? Choose the correct answer below.
An increase in the error tolerance ____________the minimum sample size required.
(c) How does an increase in the population standard deviation affect the minimum sample sizerequirement? Choose the correct answer below.
An increase in the population standard deviation _______the minimum sample size required
question 15
You are given the sample mean and the population standard deviation. Use this information to construct the90% and95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. Ifconvenient, use technology to construct the confidence intervals.
A random sample of 55 home theater systems has a mean price of $148.00. Assume the population standard deviation is $16.60.
Construct a90% confidence interval for the population mean.
The90% confidence interval is (____,____)
(Round to two decimal places asneeded.)
Construct a95% confidence interval for the population mean.
The95% confidence interval is (____,_____)
(Round to two decimal places asneeded.)
Interpret the results. Choose the correct answer below.
A.
With90% confidence, it can be said that the population mean price lies in the first interval. With95% confidence, it can be said that the population mean price lies in the second interval. The95% confidence interval is wider than the90%.
B.
With90% confidence, it can be said that the population mean price lies in the first interval. With95% confidence, it can be said that the population mean price lies in the second interval. The95% confidence interval is narrower than the90%.
C.
With90% confidence, it can be said that the sample mean price lies in the first interval. With95% confidence, it can be said that the sample mean price lies in the second interval. The95% confidence interval is wider than the90%
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