Question

Working backwards, Part I. A 90% confidence interval for a population mean is (82, 92). The...

Working backwards, Part I. A 90% confidence interval for a population mean is (82, 92). The population distribution is approximately normal and the population standard deviation is unknown. This confidence interval is based on a simple random sample of 24 observations. Calculate the sample mean, the margin of error, and the sample standard deviation. Use the t distribution in any calculations. Round non-integer results to 4 decimal places.

Homework Answers

Answer #1

Solution :

Given that,

Lower confidence interval = 82

Upper confidence interval = 92

  = (Lower confidence interval + Upper confidence interval ) / 2

= (82 + 92) / 2

= 87

Margin of error = E = Upper confidence interval -   = 92 - 87 = 5

Margin of error = 5

sample size = n = 24

Degrees of freedom = df = n - 1 = 24 - 1 = 23

t /2,df = t0.05,23 = 1.714

s = E * n / t/2,df = 5 * 24 / 1.714 = 14.2910

sample standard deviation = 14.2910

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
(1 point) Working backwards, Part I. A 90% confidence interval for a population mean is (44,...
(1 point) Working backwards, Part I. A 90% confidence interval for a population mean is (44, 50). The population distribution is approximately normal and the population standard deviation is unknown. This confidence interval is based on a simple random sample of 28 observations. Calculate the sample mean, the margin of error, and the sample standard deviation. Use the t distribution in any calculations. Round non-integer results to 4 decimal places. Sample mean = Margin of error = Sample standard deviation...
Lisa decides that she wants to know the 85% confidence interval for a population mean despite...
Lisa decides that she wants to know the 85% confidence interval for a population mean despite originally setting out to find the 90% confidence interval. How will this affect the width and the margin of error of her confidence interval for a population mean? Assume that the population standard deviation is unknown and the population distribution is approximately normal. Select your answer from the choices below. The width will decrease, and the margin of error will increase. The width will...
Kathy sets out wanting to find a 98% confidence interval for a population mean; however, she...
Kathy sets out wanting to find a 98% confidence interval for a population mean; however, she later decides that she wants to know the 95% confidence interval for that same population mean. How will this affect the width and the margin of error of her confidence interval for a population mean? Assume that the population standard deviation is unknown and the population distribution is approximately normal.
When a 90% confidence interval for the mean of a normal population, given a random sample...
When a 90% confidence interval for the mean of a normal population, given a random sample of 16 values with a mean and standard deviation of 100 and 17 respectively, what is the (positive) margin of error of the interval? Round your answer to two decimal places.
Find the margin of error for a​ 95% confidence interval for estimating the population mean when...
Find the margin of error for a​ 95% confidence interval for estimating the population mean when the sample standard deviation equals 90 with a sample size of​ (i) 484 and​ (ii) 1600 ​(i) Find the margin of error for a​ 95% confidence interval for estimating the population mean when the sample standard deviation equals 90 with a sample size of 484 (ii). ​(ii) Find the margin of error for a​ 95% confidence interval for estimating the population mean when the...
use the standard normal distribution or the t-distribution to construct a 90% confidence interval for the...
use the standard normal distribution or the t-distribution to construct a 90% confidence interval for the population mean. justify your decision. if neither distribution can be used explain why. interpret the results. In a random sample of 24 mortgage institutions, the mean interest rate was 3.62% and the standard deviation was 0.41% Assume the interest rates are normally distributed. which distribution should be used to construct the confidence interval? The 90% confidence interval is? Interpret the results
We use the t distribution to construct a confidence interval for the population mean when the...
We use the t distribution to construct a confidence interval for the population mean when the underlying population standard deviation is not known. Under the assumption that the population is normally distributed, find tα/2,df for the following scenarios. (You may find it useful to reference the t table. Round your answers to 3 decimal places.) tα/2,df a. A 90% confidence level and a sample of 11 observations. b. A 95% confidence level and a sample of 11 observations. c. A...
a. Find a 98% confidence interval for the true mean of a population if a sample...
a. Find a 98% confidence interval for the true mean of a population if a sample of 52 results in a mean of 100. Assume the population standard deviation is 12. b. Assume now that the same results occurred, the population was normal, and the sample size was reduced to 10. c. Repeat problem 2b assuming that the population standard deviation was unknown, and “s” was 12.
Use the standard normal distribution or the​ t-distribution to construct a 90​%confidence interval for the population...
Use the standard normal distribution or the​ t-distribution to construct a 90​%confidence interval for the population mean. Justify your decision. If neither distribution can be​ used, explain why. Interpret the results. In a random sample of 16 mortgage​ institutions, the mean interest rate was 3.52​% and the standard deviation was 0.36​%. Assume the interest rates are normally distributed. Which distribution should be used to construct the confidence​ interval?
Use the t-distribution to find a confidence interval for a mean μ given the relevant sample...
Use the t-distribution to find a confidence interval for a mean μ given the relevant sample results. Give the best point estimate for μ, the margin of error, and the confidence interval. Assume the results come from a random sample from a population that is approximately normally distributed. A 90% confidence interval for μ using the sample results x¯=144.2, s=55.7, and n=50 Round your answer for the point estimate to one decimal place, and your answers for the margin of...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT