The mean time taken to design a house plan by 40 architects was found to be 19 hours with a standard deviation of 3.10 hours.
a. Construct a 99% confidence interval for the population mean μ . Round your answers to two decimal places.
______to _____ hours
b. Suppose the confidence interval obtained in part a is too wide.
Select all of the ways the width of this interval can be reduced.
-Lowering the sample size
-Increasing the sample size
-Lowering the confidence level
-Increasing the confidence level
Part a.
The provided sample mean is and the sample standard deviation is s=3.10. The size of the sample is n=40 and the required confidence level is 99%.
The number of degrees of freedom is df=40−1=39, and the significance level is α=0.01.
Based on the provided information, the critical t-value for α=0.01 and df=39 degrees of freedom is tc=2.708.
The 99% confidence for the population mean μ is computed using the following expression
Therefore, based on the information provided, the 99 % confidence for the population mean μ is
which completes the calculation.
Part b.
-Increasing the sample size
-Lowering the confidence level
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