Math Problem Statement
Solution
To solve this problem, we need to calculate a 99.9% confidence interval for the population mean, based on the given sample data. Here are the steps involved:
Step 1: Calculate the Sample Mean () and Sample Standard Deviation (s)
The sample data provided are:
Sample Mean
Sample Standard Deviation
Step 2: Determine the Critical Value (t*) for 99.9% Confidence Level
Since the sample size is 8, we have degrees of freedom. For a 99.9% confidence interval, we will use the t-distribution critical value for degrees of freedom and a 0.999 confidence level.
Step 3: Calculate the Margin of Error
Step 4: Find the Confidence Interval
The confidence interval is:
Let's calculate these values.The calculations are as follows:
- Sample Mean (): 84.04
- Sample Standard Deviation (s): 6.61
- Critical t-value for 99.9% confidence (with 7 degrees of freedom): 5.408
- Margin of Error: 12.63
99.9% Confidence Interval:
The 99.9% confidence interval for the population mean is:
This interval, written in open-interval form, is:
Would you like more details on any step, or have further questions?
Here are some related questions that could help deepen your understanding:
- How does the choice of confidence level (e.g., 95% vs 99.9%) affect the confidence interval?
- Why do we use the t-distribution instead of the z-distribution here?
- How would the confidence interval change with a larger sample size?
- What are degrees of freedom, and why are they relevant in finding the t-value?
- How would you interpret this confidence interval in practical terms?
Tip: Remember that the margin of error increases as confidence level increases because higher confidence requires a wider range.
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Interval
t-Distribution
Formulas
Sample Mean (x̄) = Σx / n
Sample Standard Deviation (s) = √(Σ(x_i - x̄)^2 / (n - 1))
Margin of Error = t* × (s / √n)
Theorems
Confidence Interval for Population Mean with t-Distribution
Suitable Grade Level
Undergraduate Statistics
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