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 ?)
(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.
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