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QUESTION 3 In interval estimation, as the sample size becomes larger, the interval estimate becomes narrower. becomes wider
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Answer #1

Solution :

3) The interval estimate is given as follows :

Interval estimate : (Point estimate ± Margin of error)

As the sample size increases the margin of error gets smaller, which results in the narrower Interval estimate.

Hence,

In interval estimation, as the sample size becomes larger, the interval estimate becomes narrower.

First option is correct.

4) Null and alternative hypotheses :

\large H_{0}: \mu\leq 24

\large H_{1}: \mu > 24

Test statistic :

To test the hypothesis the most appropriate test is one sample t-test. The test statistic is given as follows :

\large t = \frac{\bar{x}-\mu}{s/\sqrt{n}}

Where, x̄ is sample mean, s is sample standard deviation, n is sample size and μ is hypothesized value of population mean under H​​​​​​0.

We are given the following values :

\large \bar{x} = 25,\ \mu = 24,\ s = 2,\ n = 16

\large \therefore t = \frac{(25-24)}{(2/\sqrt{16})} = 2

The value of the test statistic is 2.

P-value :

Since, our test is right-tailed test, therefore we shall obtain right-tailed p-value for the test statistic. The right-tailed p-value is given as follows :

P-value = P(T > t)

P-value = P(T > 2)

P-value = 0.0320

The p-value is 0.0320.

Decision :

Significance level = 0.05

P-value = 0.0320

(0.0320 < 0.05)

Since, p-value is less than the significance level of 0.05, therefore we shall reject the null hypothesis at 0.05 significance level.

Conclusion :

At 0.05 significance level, there is sufficient evidence to conclude that average age of all the students at the university is significantly more than 24.

Last option is correct.

Please rate the answer. Thank you.

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