A sample of 25 observations is selected from a normal population where the population standard deviation is 32. The sample mean is 77.
a. Determine the standard error of the mean. (Round the final answer to 3 decimal places.)
The standard error of the mean is .
b. Determine the 95% confidence interval for the population mean. (Round the z-value to 2 decimal places. Round the final answers to 3 decimal places.)
The 95% confidence interval for the population mean is between and .
c. If you wanted a wider interval, would you increase or decrease the confidence level?
Sample size, n = 25
Mean, = 77
Standard deviation, = 32
a) Standard error =
= 32/5
= 6.4
b) Confidence interval = Z*
For 95% confidence level, Z* = 1.96
Confidence interval = 77 1.96 x 6.4
= (64.456, 89.544)
c) as confidence level increases, z* value increases. With increase in z value, the interval gets wider
So, if you want a wider interval, you have to increase the confidence level
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