Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Wanted to get see if my solution is correct. 1) Calculate a 95% and 99% population confidence interval for the following random data set. Note:

Wanted to get see if my solution is correct.

1)Calculate a 95% and 99% population confidence interval for the following random data set. Note: this is a sample. Show your steps including the mean, z-score, sample standard deviation, and standard error that you used. No units for this data.

Data 12 10 18 16 11 10 9 17 6 13
Data 10 20 21 24 18 17 19 12 11 10

Data set 1

n = 10

Mean (x) = 122/10 = 12.2

Standard deviation = 3.82

Confidence interval = 95%

Z score for 95% confidence interval = 1.960

Confidence interval CI =xz

CI =12.2 1.960

CI = 12.2 2.37

Z score for 99% confidence interval = 2.576

Confidence interval CI =xz

CI =12.22.576

CI = 12.2 3.11

95% population confidence interval =12.2 2.37

99%population confidence interval =12.2 3.11

Data set 2

n = 10

Mean (x) = 162/10 = 16.2

Standard deviation = 5.07

Confidence interval = 95%

Z score for 95% confidence interval = 1.960

Confidence interval CI =xz

CI =16.2 1.960

CI = 16.2 3.14

Z score for 99% confidence interval = 2.576

Confidence interval CI =xz

CI =16.2 2.576

CI = 16.2 4.13

95% population confidence interval =16.2 3.14

99%population confidence interval =16.2 4.13

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

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

Essentials Of Measure Theory

Authors: Carlos S Kubrusly

1st Edition

3319225065, 9783319225067

More Books

Students also viewed these Mathematics questions