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QUESTION 1 In constructing a 95% confidence level estimate of the mean when the population standard deviation () is known wha

QUESTION 6 In constructing a 99% confidence level estimate of the mean when the population standard deviation () is unknown a

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Answer #1

QUESTION-1:

SOLUTION:

When the population standard deviation (σ) is known,

a 95% confidence level estimate of the mean

=* 20.025,1 + =* 20.025) Vn

where z_{0.025} is the upper 0.025 point of a standard normal distribution i.e. P(Z > 20.025) = 0.025

1- P(Z < 20.025) = 0.025

= P(Z < 20.025) = 1-0.025 = 0.975

(20.025) = 0.975

= 20.025 = Φ-1 (0.975) = 1.95996 (found from standard normal table)

= 0.0% = 1.95996 (ans)

QUESTION-2:

SOLUTION:

A 99% confidence level has significance level of a=0.01 and critical value is, Za/2 = 2.575

Therefore, we should used z-score = 2.575

Note: if you want z-score rounded to two decimal places then it is equal to z = 2.58

QUESTION-3:

SOLUTION:

90% confidence interval

Here \alpha = 10%

\sigma Known, we can use normal distribution.

Z-score to be used = Z0.05

Where Z0.05 is defined such that. P(Z>Z0.05) = 0.05.

From Z-table P(Z>1.645) = 0.05.

Hence, Z-score used = 1.645.

QUESTION-4:

SOLUTION:

In constructing a 98% confidence level estimate of the mean when the population standard deviation (\sigma) is known.

So, the Z-score we used is 2.33.

Because, here a= 0,02

And we want to find the confidence interval to mean. So we need Z   \alpha /2 score.

That is Z0.01 = 2.33 Answer.

QUESTION-5:

SOLUTION:

here degree of freedom =n-1=39

for 39 degree of freedom and 95% confidence level ; critical value of t score = -/+ 2.023

QUESTION-6:

SOLUTION:

df = 35 - 1 = 34

T score for 99% confidence interval = t0.005,34 = 2.728

QUESTION-7:

SOLUTION:

df = 30 - 1 = 29

T score for 90% confidnece interval = t0.05,29 = 1.699

QUESTION-8:

SOLUTION:

df = 33 - 1 = 32

T score for 98% confidnece interval = t0.01,32 = 2.449

QUESTION-9:

SOLUTION:

At 95% confidence interval the critical value is t0.025, 39 = 2.023

The upper limit of the 95% confidence interval for population mean is

\bar x + t0.025, 39 * s/\sqrt n

= 110.27 + 2.023 * 18.95/\sqrt 40

= 110.27 + 6.06

= 116.33

QUESTION-10:

SOLUTION:

\widehat p = 35/200 = 0.175

At 95% confidence interval the critical value is z0.025 = 1.96

The upper limit of the 95% confidence interval for population proportion is

\widehat p + z0.025 * sqrt(\widehat p(1 - \widehat p )/n)

= 0.175 + 1.96 * sqrt(0.175 * (1 - 0.175)/200)

= 0.175 + 0.053

= 0.228

****please kindly rate me*********

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