Math Problem Statement
A random sample of nequals=99 values taken from a normally distributed population with a population variance of 3636 resulted in the sample values shown below. Use the sample values to construct a 9595% confidence interval estimate for the population mean. 5454 4646 5454 4545 4343 5151 4646 6161 4848
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Solution
To calculate a 95% confidence interval for the population mean based on the sample values, we can follow these steps:
Given information:
- Sample size (since 9 values are provided)
- Population variance
- The sample values are:
- Confidence level = 95%
Steps:
-
Calculate the sample mean :
-
Calculate the population standard deviation :
-
Find the critical value for a 95% confidence interval:
For a 95% confidence level, the critical value from the standard normal distribution is approximately 1.96. -
Calculate the margin of error :
-
Construct the confidence interval:
The 95% confidence interval is given by:
Now let's compute the result step-by-step.
Step 1: Calculate the sample mean :
Step 2: Calculate the population standard deviation :
Step 3: Critical value :
For a 95% confidence level, the critical value .
Step 4: Calculate the margin of error :
Step 5: Construct the confidence interval:
Conclusion:
The 95% confidence interval estimate for the population mean is approximately:
Would you like any more details or have questions?
Here are 5 related questions to further your understanding:
- How does increasing the confidence level affect the width of the confidence interval?
- What is the effect of a larger sample size on the confidence interval?
- Can you explain the role of the population variance in determining the margin of error?
- Why do we use the -score for a normal population when the population variance is known?
- How would the confidence interval change if the population variance were smaller?
Tip: A larger sample size decreases the margin of error, resulting in a narrower confidence interval.
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Intervals
Normal Distribution
Formulas
Sample Mean: \( \bar{x} = \frac{\sum x_i}{n} \)
Population Standard Deviation: \( \sigma = \sqrt{\sigma^2} \)
Margin of Error: \( E = Z_{\alpha/2} \times \frac{\sigma}{\sqrt{n}} \)
Confidence Interval: \( \bar{x} - E \leq \mu \leq \bar{x} + E \)
Theorems
Central Limit Theorem
Z-distribution for Confidence Intervals
Suitable Grade Level
College/University Statistics
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