Question

We wish to create a 98% confidence interval for the mean. A sample of 24 gives...

We wish to create a 98% confidence interval for the mean. A sample of 24 gives an average of 72 and a standard deviation of 6.35 . Find the lower value for the confidence interval. Round to 2 decimal places.

Homework Answers

Answer #1

Solution :

Given that,

= 72

s = 6.35

n = 24

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

At 98% confidence level the t is ,

= 1 - 98% = 1 - 0.98 = 0.02

= 0.02

t ,df = t0.02,23 =2.177

Margin of error = E = t/2,df * (s /n)

= 2.177 * (6.35 / 24) = 2.82

The 98% confidence interval estimate of the population mean is,

- E

72 - 2.82

69.18

lower value confidence interval is = 69.18

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
We wish to create a 96% confidence interval for the proportion. A sample of 36 gives...
We wish to create a 96% confidence interval for the proportion. A sample of 36 gives a proportion of 0.72. Find the lower value for the confidence interval. Round to 3 decimal places.
We wish to create a 92% confidence interval for the mean given that the standard deviation...
We wish to create a 92% confidence interval for the mean given that the standard deviation is known to be 9.842. A sample of 35 gives an average of 220. Find the Margin of Error. Round to three decimal places.
We wish to create a 92% confidence interval for the mean given that the standard deviation...
We wish to create a 92% confidence interval for the mean given that the standard deviation is known to be 34.4. A sample of 34 gives an average of 190. Find the upper value for the confidence interval. Round to tenths.
We wish to create a 90% confidence interval for the Variance given that a sample of...
We wish to create a 90% confidence interval for the Variance given that a sample of 30 has a standard deviation of 2. Find the Lower value for the confidence interval.Round to tenths.
Construct a 98​% confidence interval to estimate the population mean when x overbar =64 and s​...
Construct a 98​% confidence interval to estimate the population mean when x overbar =64 and s​ =12.8 for the sample sizes below. ​a) n= 21 ​b) n=41 ​c) 56 ​ a) The 98​% confidence interval for the population mean when n=21 is from a lower limit of _______to an upper limit of ________. ​(Round to two decimal places as​ needed.) b) The 98​% confidence interval for the population mean when n=41 is from a lower limit of _______to an upper...
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.
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 sample of 29 observations selected from a normally distributed population gives a mean of 241...
A sample of 29 observations selected from a normally distributed population gives a mean of 241 and a sample standard deviation of s=13.2. Create a90% confidence interval for µ. Use a T-Interval and round all values to 2 decimal places. The 90% confidence interval runs from  to  .
A random sample of 24 items is drawn from a population whose standard deviation is unknown....
A random sample of 24 items is drawn from a population whose standard deviation is unknown. The sample mean is x¯ = 870 and the sample standard deviation is s = 25. Use Appendix D to find the values of Student’s t. (a) Construct an interval estimate of μ with 98% confidence. (Round your answers to 3 decimal places.) The 98% confidence interval is from to (b) Construct an interval estimate of μ with 98% confidence, assuming that s =...
Suppose we construct a 98% confidence interval for the mean. The interval ranges from [1100, 1200]....
Suppose we construct a 98% confidence interval for the mean. The interval ranges from [1100, 1200]. The 98% confidence interval for the population mean can be interpreted as follows: If all possible samples are taken and confidence intervals are calculated, 98% of those intervals would include the true population mean somewhere in their interval. One can be 98% confident that you have selected a sample whose range does not include the population mean. One can be 98% confident that the...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT