Math Problem Statement
Solution
To construct a 95% confidence interval for the mean number of personal computers, we can use the following formula for the confidence interval when the population standard deviation () is known:
where:
- = sample mean = 1.45
- = Z-score corresponding to a 95% confidence level, which is approximately 1.96
- = population standard deviation = 0.85
- = sample size = 200
Step 1: Calculate the standard error
Step 2: Calculate the margin of error
Step 3: Construct the confidence interval
Thus, the 95% confidence interval for the mean number of personal computers is approximately:
Would you like further explanation on any part of this calculation?
Here are some related questions that may help you explore this topic further:
- How do we determine the Z-score for different confidence levels?
- What is the significance of a 95% confidence level?
- How would the confidence interval change if the sample size increased?
- What if the population standard deviation were unknown—how would the calculation change?
- Why do we use the population standard deviation instead of the sample standard deviation in this case?
Tip: Remember that increasing the sample size generally leads to a narrower confidence interval, meaning greater precision in estimating the population mean.
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Interval
Normal Distribution
Formulas
Confidence Interval formula: x̄ ± Z * (σ / √n)
Theorems
Central Limit Theorem
Suitable Grade Level
College Statistics
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