Math Problem Statement

Construct the confidence interval

Solution

To construct a confidence interval, we need specific information about your data. In general, confidence intervals estimate a population parameter (such as the mean or proportion) by specifying a range within which the parameter is likely to lie, given a certain level of confidence (e.g., 95%, 99%).

Here's the step-by-step process to construct a confidence interval:

1. Identify the Data Type

  • For Means: Are we dealing with a sample mean or proportion?
  • For Proportions: Is the data about a percentage, or the success/failure rate of an event?

2. Gather the Necessary Data

For means, you need:

  • Sample mean (xˉ\bar{x})
  • Sample standard deviation (ss) or population standard deviation (σ\sigma)
  • Sample size (nn)
  • Confidence level (e.g., 95%, 99%)

For proportions, you need:

  • Sample proportion (p^\hat{p})
  • Sample size (nn)
  • Confidence level (e.g., 95%, 99%)

3. Determine the Confidence Level and Critical Value

  • The confidence level determines the critical value (ZZ or tt) based on the normal or t-distribution table.
  • For large samples (n>30n > 30), the normal distribution (ZZ-score) is often used. For small samples (n<30n < 30), the tt-distribution is more appropriate.

4. Calculate the Margin of Error (E)

For mean: E=Z(sn)orE=t(sn)E = Z \left(\frac{s}{\sqrt{n}}\right) \quad \text{or} \quad E = t \left(\frac{s}{\sqrt{n}}\right)

For proportion: E=Zp^(1p^)nE = Z \sqrt{\frac{\hat{p}(1 - \hat{p})}{n}}

5. Construct the Confidence Interval

For means, the confidence interval is given by: xˉ±E\bar{x} \pm E

For proportions, the confidence interval is given by: p^±E\hat{p} \pm E

Example Calculation (for Mean)

Suppose you have a sample of n=25n = 25, with a sample mean xˉ=50\bar{x} = 50, sample standard deviation s=5s = 5, and you want a 95% confidence interval.

  1. The critical tt-value for 95%95\% confidence and 2424 degrees of freedom ( n1n - 1) is approximately 2.0642.064 (from a tt-table).
  2. Calculate E=2.064(525)=2.064×1=2.064E = 2.064 \left(\frac{5}{\sqrt{25}}\right) = 2.064 \times 1 = 2.064.
  3. The confidence interval is 50±2.06450 \pm 2.064, i.e., (47.936,52.064)(47.936, 52.064).

Would you like a detailed example for a different scenario, or do you have a specific problem to solve?


Relative Questions

  1. How do you determine whether to use a ZZ-score or a tt-score for your interval?
  2. How does the sample size affect the width of the confidence interval?
  3. Why is it important to specify the confidence level beforehand?
  4. How does using the population standard deviation differ from using the sample standard deviation?
  5. What happens to the confidence interval if the sample size doubles?

Tip

Always check if your sample size is large enough to justify using the normal distribution; otherwise, use the tt-distribution for smaller samples.

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals
Probability

Formulas

Margin of Error (E) for mean: E = Z (s / √n) or E = t (s / √n)
Margin of Error (E) for proportion: E = Z √(p̂(1 - p̂) / n)
Confidence Interval for mean: x̄ ± E
Confidence Interval for proportion: p̂ ± E

Theorems

Central Limit Theorem
Student's t-distribution
Normal Distribution

Suitable Grade Level

Grades 11-12, Undergraduate