A study with 100 observations gave a mean of 70. Assume that the normal standard deviation is 15. Plot the 90%, 95%, and 99% confidence intervals above the line and comment on the effect of the confidence level on the width of the interval.
a) For 90% confidence, z = 1.645
Hence,
90% confidence interval will be:
(67.53, 72.47)
b) For 95% confidence, z = 1.96
Hence,
95% confidence interval will be:
(67.06, 72.94)
c) For 99% confidence, z = 2.576
Hence,
99% confidence interval will be:
(66.14, 73.86)
d) As we increase the confidence level, the width of confidence interval increases.
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