A random sample of 50 respondents is selected, and each respondent is instructed to keep a detailed record of time spent engaged viewing content across all screens (Internet, video on a computer video on mobile phone) in a particular week. The sample mean content viewing time per week is 42 hours with a standard deviation of 3.2 hours.
Construct a 99% confidence interval estimate for the mean content viewing time per week in this area. What is the margin of error?
Answers should be accurate up to 4 decimal places.
Lower limit:
Upper limit:
Margin of error:
Solution :
Given that,
Point estimate = sample mean =
= 42
Population standard deviation =
= 3.2
Sample size = n =50
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576 ( Using z table )
Margin of error = E = Z/2* ( /n)
=2.576 * (3.2 / 50)
E= 1.1658
At 99% confidence interval estimate of the population mean is,
- E < < + E
42 -1.1658 < < 42+ 1.1658
40.8342< < 43.1658
(40.8342, 43.1658 )
Lower limit:40.8342
Upper limit: 43.1658
Margin of error=1.1658
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