Math Problem Statement

Rewrite your survey question from Discussion 0. List all the class responses to your survey question in ascending order. How many times have you travelled by airplane last year ? 0,0,0,1,1,1,1,3,3,4, 5,

What is the best point estimate for your survey question? Be sure to include both the correct notation (symbol) and the value.

Construct a confidence interval for the responses to your survey. Assume that you do not know the population standard deviation. Indicate your level of confidence and the corresponding critical value.

What is the margin of error?

If we would increase the sample size to 500 students, what would happen to your margin of error?

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals
Sample Mean
Sample Standard Deviation
Margin of Error

Formulas

Sample Mean (\(\bar{x}\))
Sample Standard Deviation (s)
Margin of Error (ME)
Confidence Interval (CI)

Theorems

Central Limit Theorem
Student's t-distribution

Suitable Grade Level

Higher Education