Question

1. For a normal population with known variance ? 2 , what are the CI levels...

1. For a normal population with known variance ? 2 , what are the CI levels for the following intervals:

(a) ?̅− 2.14? √? ≤ ? ≤ ?̅+ 2.14? √?

(b) ?̅− 2.49? √? ≤ ? ≤ ?̅+ 2.49? √?

(c) ?̅− 1.85? √? ≤ ? ≤ ?̅+ 1.85? √? 2.

2.By how much must the sample size n be increased if the length of the CI on ? from the previous question is to become one third the original length(for fixed, given ?)

Homework Answers

Answer #1

(a)

From z tale area left to z-score -2.14 is 0.0162. So we have

Therefore required confidence interval level is

Answer: 96.76%

(b)

From z tale area left to z-score -2.49 is 0.0064. So we have

Therefore required confidence interval level is

Answer: 98.72%

(c)

From z tale area left to z-score -1.85 is 0.0322. So we have

Therefore required confidence interval level is

Answer: 93.56%

2:

To reduce the  length of the CI by one third we need to reduce margin of error by 1/6 That is new sample size must be 36 times larger than old sample size. That is new sample size is 36n.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
For a normal distributed population: N(μ, σ2 ), assume σ is a known constant, and we...
For a normal distributed population: N(μ, σ2 ), assume σ is a known constant, and we want to construct a 1-α level CI for μ. If we want the length of CI to be at most a, where a is a given positive constant, then what’s the requirement of selecting sample size? b)Same as question 1, but now is unknown. If we know that the sample variance s2 stables around some level and can be treated as a xed constant....
A 95% CI for a normal population with known std dev produces margin of error of...
A 95% CI for a normal population with known std dev produces margin of error of 0.004 based on a sample size of 100. If we wish to halve the margin of error, how large a sample must we take? Answer:?
Assume a normal population with known variance σ2, a random sample (n< 30) is selected. Let...
Assume a normal population with known variance σ2, a random sample (n< 30) is selected. Let x¯,s represent the sample mean and sample deviation. (1)write down the formula: 98% one-sided confidence interval with upper bound for the population mean. (2) show how to derive the confidence interval formula in (1).
Assume a normal population with known variance σ2σ2, a random sample (n<n< 30) is selected. Let...
Assume a normal population with known variance σ2σ2, a random sample (n<n< 30) is selected. Let x¯,sx¯,s represent the sample mean and sample deviation. (1)(2pts) write down the formula: 98% one-sided confidence interval with upper bound for the population mean. (2)(6pts) show how to derive the confidence interval formula in 1
Assume a normal distribution with known population variance. Calculate the lower confidence limit (LCL) and upper...
Assume a normal distribution with known population variance. Calculate the lower confidence limit (LCL) and upper confidence limit (UCL) for each of the following. a. ?̅ = 50; n = 64; ? = 40; α = 0.05 b. ?̅ = 85; n = 225; ?2 = 400; α = 0.01 c. ?̅ = 510; n = 485; ? = 50; α = 0.10
Please solve it easy way. Assume a normal distribution with known population variance. Calculate the lower...
Please solve it easy way. Assume a normal distribution with known population variance. Calculate the lower confidence limit (LCL) and upper confidence limit (UCL) for each of the following. 1. ?̅ = 50; n = 64; ? = 40; α = 0.05 2. ?̅ = 85; n = 225; ?2 = 400; α = 0.01 3. ?̅ = 510; n = 485; ? = 50; α = 0.10
Please make sure to display your thought process? It is imperative to be able to follow...
Please make sure to display your thought process? It is imperative to be able to follow how the answer was deduced. Please be as thorough as possible. Please address all parts of this question. We consider a normal population with known variance, and we want to obtain a confidence interval (CI) of half-length E on the mean value. How is the required sample size affected if all other factors are kept constant, but: A) The significance level a of the...
If we have a normal population with variance sigma^2 and a random sample of n measurements...
If we have a normal population with variance sigma^2 and a random sample of n measurements taken from this population, what probability distribution do we use to test claims about the variance?
3. If a population distribution is known to be normal, then it follows that: A. The...
3. If a population distribution is known to be normal, then it follows that: A. The sample mean must equal the population mean B. The sample mean must equal the population mean for large samples C. The sample standard deviation must equal the population standard deviation D. All of the above E. None of the above 4. The internal auditing staff of a local manufacturing company performs a sample audit each quarter to estimate the proportion of accounts that are...
Question 1 A researcher wishes to find a 90% confidence interval estimate for an unknown population...
Question 1 A researcher wishes to find a 90% confidence interval estimate for an unknown population mean using a sample of size 25. The population standard deviation is 7.2. The confidence factor z α 2for this est Group of answer choices 1.28 1.645 1.96 Question 2 A 90% confidence interval estimate for an unknown population mean μ is (25.81, 29.51). The length of this CI estimate is Group of answer choices 1.96 1.85 3.7 1.645 Question 3 Data below refers...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT