8.2 Homework-Kacie Thao 12/12/22, 6:56 PM Instructor: Patrick Mitchell Course: MATH-1610-001 Statistics for Decision Making - Fall 2022 Student: Kacie Thao Date: 12/12/22 Assignment: 8.2 Homework Construct a 99% confidence interval to estimate the population mean with x = 95 and σ = 23 for the following sample sizes. a) n = 42 b) n = 57 c) n = 75 a) A (1 − α) × 100% confidence interval for the mean, with σ known, is given by the formula below, where x is the sample mean, zα / 2 is the critical z-score, σx is the standard error of the mean, σ is the population standard deviation, and n is the sample size. UCLx = x + zα / 2 σ x LCLx = x − zα / 2 σ x where σx = σ n First find α. A 99% confidence level corresponds to an α-value of 0.01. Compute α 2 = α 2 . 0.01 2 = 0.005 Now compute 1 − 1− α 2 α 2 . = 1 − 0.005 = 0.995 Next find zα / 2 . While either technology or a cumulative standardized normal distribution table can be used to find zα / 2 , for the purposes of this explanation, use the table, rounding to two decimal places. zα / 2 = z0.005 = 2.58 Now compute σx, where n = 42, rounding to two decimal places. σx = = σ n 23 42 = 3.55 Construct a 99% confidence interval estimate of the population mean, μ. First compute UCLx , rounding to two decimal places. UCLx = x + zα / 2 σ x = 95 + (2.58)(3.55) = 104.16 https://xlitemprod.pearsoncmg.com/api/v1/print/highered Page 1 of 3 8.2 Homework-Kacie Thao 12/12/22, 6:56 PM Now compute LCLx , rounding to two decimal places. LCL x = x − zα / 2 σx = 95 − (2.58)(3.55) = 85.84 Thus, with 99% confidence and n = 42, conclude that the population mean is between the lower limit of 85.84 and the upper limit of 104.16. b) Compute the confidence interval for the mean when n = 57 by repeating the process in part a. Start by computing σx, where n = 57, rounding to two decimal places. σx = = σ n 23 57 = 3.05 Construct a 99% confidence interval estimate of the population mean, μ. First compute UCLx , rounding to two decimal places. UCLx = x + zα / 2 σ x = 95 + (2.58)(3.05) = 102.87 Now compute LCLx , rounding to two decimal places. LCLx = x − zα / 2 σ x = 95 − (2.58)(3.05) = 87.13 Thus, with 99% confidence and n = 57, conclude that the population mean is between the lower limit of 87.13 and the upper limit of 102.87. c) Compute the confidence interval for the mean when n = 75 by repeating the process in part a. Start by computing σx, where n = 75, rounding to two decimal places. σx = = σ n 23 75 = 2.66 Construct a 99% confidence interval estimate of the population mean, μ. First compute UCLx , rounding to two decimal places. UCLx = x + zα / 2 σ x = 95 + (2.58)(2.66) = 101.86 Now compute LCLx , rounding to two decimal places. https://xlitemprod.pearsoncmg.com/api/v1/print/highered Page 2 of 3 8.2 Homework-Kacie Thao LCL 12/12/22, 6:56 PM x = x − zα / 2 σx = 95 − (2.58)(2.66) = 88.14 Thus, with 99% confidence and n = 75, conclude that the population mean is between the lower limit of 88.14 and the upper limit of 101.86. https://xlitemprod.pearsoncmg.com/api/v1/print/highered Page 3 of 3