Question

Consider a normal population with an unknown population standard deviation. A random sample results n x 52.15 and s2 -21.16. Use Table 2 a. Compute the 95% confidence interval for μ if x and s2 were obtained from a sample of 19 observations. (Round intermediate calculations to 4 decimal places. Round t value to 3 decimal places and final answers to 2 decimal places.] Confidence interval to b. Compute the 95% confidence interval for if x and s2 were obtained from a sample of 27 observations. (Round intermediate calculations to 4 decimal places. Round t value to 3 decimal places and final answers to 2 decimal places.) Confidence interval to c. Use your answers to discuss the impact of the sample size on the width of the interval. O The bigger sample size will lead to a larger interval width and therefore a more precise interval. O The bigger sample size will lead to a smaller interval width and therefore a more precise

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Answer #1

a)

A small sample of 19 units has a mean μ and a standard deviation σ of 21.16. Find a 95% confidence interval of the mean μ nterval for X-tscoresn X + tscore s/n where X = sample mean, s = sample standard deviation. tscore-statistic with (n-1) Degrees of Freedom and α = 1-confidence Percentage First find degrees of freedom Degrees of Freedom n 1 Degrees of Freedom 19 1 Degrees of Freedom 18 Calculate g α = 1-Confidence% a 1-0.95 0.05 Find a spread range: 140.05) α 0.025 Find t-score for do.025 using 18 degrees of freedom: tscore0.025 2.1009 Value can be found on Excel using TINV(0.05,18) tscore 2.1009

b)

c)

The bigger sample size will lead to a larger interval and therfore a more precise interval

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