Math Problem Statement

You intend to estimate a population mean μ with the following sample: [94.3, 84.5, 73.5, 78.9, 86.1, 82.9, 91, 81.1]. Find the 99.9% confidence interval for the population mean, given that the population is normally distributed. Enter the answer as an open interval accurate to two decimal places.

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 (xˉ\bar{x}) and Sample Standard Deviation (s)

The sample data provided are: 94.3,84.5,73.5,78.9,86.1,82.9,91,81.194.3, 84.5, 73.5, 78.9, 86.1, 82.9, 91, 81.1

Sample Mean

xˉ=xn\bar{x} = \frac{\sum x}{n}

Sample Standard Deviation

s=(xixˉ)2n1s = \sqrt{\frac{\sum (x_i - \bar{x})^2}{n - 1}}

Step 2: Determine the Critical Value (t*) for 99.9% Confidence Level

Since the sample size is 8, we have n1=7n - 1 = 7 degrees of freedom. For a 99.9% confidence interval, we will use the t-distribution critical value for 77 degrees of freedom and a 0.999 confidence level.

Step 3: Calculate the Margin of Error

Margin of Error=tsn\text{Margin of Error} = t^* \cdot \frac{s}{\sqrt{n}}

Step 4: Find the Confidence Interval

The confidence interval is: (xˉMargin of Error,xˉ+Margin of Error)\left(\bar{x} - \text{Margin of Error}, \bar{x} + \text{Margin of Error}\right)

Let's calculate these values.The calculations are as follows:

  1. Sample Mean (xˉ\bar{x}): 84.04
  2. Sample Standard Deviation (s): 6.61
  3. Critical t-value for 99.9% confidence (with 7 degrees of freedom): 5.408
  4. Margin of Error: 12.63

99.9% Confidence Interval:

The 99.9% confidence interval for the population mean is: (71.40,96.67)(71.40, 96.67)

This interval, written in open-interval form, is: (71.40,96.67)(71.40, 96.67)

Would you like more details on any step, or have further questions?

Here are some related questions that could help deepen your understanding:

  1. How does the choice of confidence level (e.g., 95% vs 99.9%) affect the confidence interval?
  2. Why do we use the t-distribution instead of the z-distribution here?
  3. How would the confidence interval change with a larger sample size?
  4. What are degrees of freedom, and why are they relevant in finding the t-value?
  5. 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