Problem 15)
Given,
n = 12
Mean(µ) = 8 $
Std Deviation(?) = 1.75
Alpha = 0.1
Zcritical = 1.645
Confidence Interval = µ +/- Zcritical * ? / n ½ = 8 +/- 1.645 * 1.75 / 121/2 = (7.17,8.83)
Problem 16)
n = 200
Mean(µ) = 120/200 = 0.6
Std Deviation(?) = (0.6 * (1-0.6)/200)1/2 = 0.035
Alpha = 0.04
Zcritical = 2.05
a)
96% Confidence Interval of people favouring the suit = µ +/- Zcritical * ? = 0.6 +/- 2.05 * 0.035 = (0.53,0.67)
b)
Margin of Error (ME) = Zcritical * (p*(1-p)/n)1/2
Assuming ME = 5%
Hence, n = Zcritical 2 * p * (1-p) / ME 2 = 2.052 * 0.6 * 0.4 / 0.052 ~ 403.4
Problem 17)
n = 400
Mean(µ or p) = 80/400 = 0.2
Std Deviation(?) = (0.2 * (1-0.2)/400)1/2 = 0.02
Alpha = 0.1
Zcritical = 1.645
a)
90% Confidence Interval of people favouring the Choke cigarette = µ +/- Zcritical * ? = 0.2 +/- 1.645 * 0.02 = (0.17,0.23)
b)
Margin of Error (ME) = Zcritical * (p*(1-p)/n)1/2
Assuming ME = 0.2
Hence, n = Zcritical 2 * p * (1-p) / ME 2 = 1.6452 * 0.2 * 0.8 / 0.22 ~ 10.8
Problem 18)
Given,
n = 1000
Mean(µ or p) = 228/1000 = 0.228
Std Deviation(?) = (0.228 * (1-0.228)/1000)1/2 = 0.013
Alpha = 0.02
Zcritical = 2.33
98% Confidence Interval of House owners= µ +/- Zcritical * ? = 0.228 +/- 2.33 * 0.013 = (0.20,0.26)
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