- A survey of 25 randomly selected customers had the mean 33.04
years and the standard deviation 10.45 years.
- What is the standard error of the mean?
- How would the standard error change if the sample size had
been
400 instead of 25? (Assume that the sample standard deviation
didn't change.)
- Find the degrees of freedom for n=60.
- Find the t critical value for n=60 for 90% CI for mean.
- A survey of 25 randomly selected customers had the mean 32.88
years and the standard deviation 10.03 years.
- Construct a 95 % confidence interval for the mean age of all
customers, assuming that the assumptions and conditions for the
confidence interval have been met.
- How large is the margin of error?
- (c) How would the confidence interval change if you had assumed
that the standard deviation was known to be 11.0 years?
- A survey of 25 randomly selected customers has the mean is
32.52 years and the standard deviation is 8.14 years.8.14
years.
- What is the standard error of the mean?
- How would the standard error change if the sample size had been
225 instead of 25?
(Assume that the sample standard deviation didn't change.)
6. A survey of 25 randomly selected customers found the ages
shown (in years). The mean is 32.84 years and the standard
deviation is 9.58 years.
- Construct a 99% confidence interval for the mean age of all
customers, assuming that the assumptions and conditions for the
confidence interval have been met.
- How large is the margin of error?
(c) How would the confidence
interval change if you had assumed that the standard
deviation was known to be 10.0 years?