Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose thirty-nine communities have an average of $ = 142.1 reported cases of larceny per year. Assume that o is known to be 46.9 cases

image text in transcribed
Suppose thirty-nine communities have an average of $ = 142.1 reported cases of larceny per year. Assume that o is known to be 46.9 cases per year. Find a 90%, 95%, and 98% confidence interval for the population mean annual number of reported larceny cases in such communities. Compare the lengths of the confidence intervals. As the confidence levels increase, do the confidence intervals increase in length? The 90% confidence level has a confidence interval length of 4.0; the 95% confidence level has a confidence interval length of 4.7; and the 98% confidence level has a confidence interval length of 5.6. As the confidence level increases, the confidence interval lengths increases. The 90% confidence level has a confidence interval length of 218.6; the 95% confidence level has a confidence interval length of 183.8; and the 98% confidence level has a confidence interval length of 154.3. As the confidence level increases, the confidence interval lengths decreases. The 90% confidence level has a confidence interval length of 5.6; the 95% confidence level has a confidence interval length of 4.7; and the 98% confidence level has a confidence interval length of 4.0. As the confidence level increases, the confidence interval length decreases. O The 90% confidence level has a confidence interval length of 24.7; the 95% confidence level has a confidence interval length of 29.4; and the 98% confidence level has a confidence interval length of 35.0. As the confidence level increases, the confidence interval lengths increases. The 90% confidence level has a confidence interval length of 154.3; the 95% confidence level has a confidence interval length of 183.8; and the 98% confidence level has a confidence interval length of 218.6. As the confidence level increases, the confidence interval length increases

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Principles of Auditing and Other Assurance Services

Authors: Ray Whittington, Kurt Pany

19th edition

978-0077804770, 78025613, 77804775, 978-0078025617

Students also viewed these Mathematics questions