Suppose that we take a random sample of size n from a population having a mean μ and a standard deviation of σ. What is the probability or confidence we have that our sample will be within +/- 1 of the population mean μ?
(a) μ = 10, σ = 2, n = 25
Solution:
We are given
µ = 10
σ = 2
n = 25
We have to find P(10 – 1 < Xbar < 10 + 1) = P(9<Xbar<11)
P(9<Xbar<11) = P(Xbar<11) – P(Xbar<9)
Find P(Xbar<11)
Z = (Xbar - µ)/[σ/sqrt(n)]
Z = (11 – 10)/[2/sqrt(25)]
Z = 1/0.4
Z = 2.5
P(Z< 2.5) = P(Xbar<11) = 0.99379
(by using z-table)
Now find P(Xbar<9)
Z = (Xbar - µ)/[σ/sqrt(n)]
Z = (9 – 10)/[2/sqrt(25)]
Z = -1/0.4
Z = -2.5
P(Z< -2.5) = P(Xbar<9) = 0.00621
(by using z-table)
P(9<Xbar<11) = P(Xbar<11) – P(Xbar<9)
P(9<Xbar<11) = 0.99379 - 0.00621
P(9<Xbar<11) = 0.98758
Required probability = 0.98758
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