Solution :
Given that,
= 59.1
= 3.3
a ) n = 25
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.960
Margin of error = E = Z/2* (/n)
= 1.960 * (3.3 / 25 )
= 1.29
At 95% confidence interval estimate of the population mean is,
- E < < + E
59.1 - 1.29 < < 59.1 + 1.29
57.81 < < 60.39
(59.8 , 60.39)
b ) n = 100
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.960
Margin of error = E = Z/2* (/n)
= 1.960 * (3.3 / 100)
= 0.65
At 95% confidence interval estimate of the population mean is,
- E < < + E
59.1 - 0.65 < < 59.1 + 0.65
58.45 < < 59.75
(58.45 , 59.75)
c ) At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576
Margin of error = E = Z/2* (/n)
= 2.576 * (3.3 / 100)
= 0.85
At 99% confidence interval estimate of the population mean is,
- E < < + E
59.1 - 0.85 < < 59.1 + 0.85
58.25 < < 59.95
(58.25 , 59.95)
d ) At 82% confidence level the z is ,
= 1 - 82% = 1 - 0.82 = 0.18
/ 2 = 0.18 / 2 = 0.09
Z/2 = Z0.09 = 1.341
Margin of error = E = Z/2* (/n)
= 1.341* (3.3 / 100)
= 0.44
At 82% confidence interval estimate of the population mean is,
- E < < + E
59.1 - 0.44 < < 59.1 + 0.44
58.66 < < 59.55
(58.66 , 59.55)
e ) margin of error = E = 1.0 = 0.5
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576
Sample size = n = ((Z/2 * ) / E)2
= ((2.576 * 3.3 ) / 0.5 )2
= 289.0272
= 289
Sample size = 289
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