Question

A survey of 25 randomly selected customers found the ages shown​ (in years). The mean is...

A survey of 25 randomly selected customers found the ages shown​ (in years). The mean is 33.16 years and the standard deviation is 9.44 years. ​a) Construct a 80​% confidence interval for the mean age of all​ customers, assuming that the assumptions and conditions for the confidence interval have been met. ​b) How large is the margin of​ error?

​a) What is the confidence​ interval?

​b) What is the margin of​ error?

Homework Answers

Answer #1

a)

df = n - 1 = 25 - 1 = 24

t critical value at 0.20 significance level = 1.318

80% confidence interval for is

- t * S / sqrt(n) < < + t * S / sqrt(n)

33.16 - 1.318 * 9.44 / sqrt(25) < < 33.16 + 1.318 * 9.44 / sqrt(25)

30.672 < < 35.648

80% CI is ( 30.672 , 35.648 )

b)

Margin of error =  t * S / sqrt(n)

= 1.318 * 9.44 / sqrt(25)

= 2.488

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