Question #15348

The mean and standard deviation for the quality grade point averages of a random sample of 28 college seniors are calculated to be 2.6 and 0.3 respectively. Find the 95% confidence interval for the mean of the entire senior class. How large a sample is required if we want to be 95% confident that our estimate of µ is not off by more than 0.05?

Expert's answer

Question #15348The mean and standard deviation for the quality grade point averages of a random sample of 28 college seniors are calculated to be 2.6 and 0.3 respectively. Find the 95% confidence interval for the mean of the entire senior class. How large a sample is required if we want to be 95% confident that our estimate of μ\mu is not off by more than 0.05?

Solution.Let μ\mu be the mean of the entire senior class. Given: n=28n = 28, s2=0.3s^2 = 0.3, x=2.6\overline{x} = 2.6, (1α)=0.95(1 - \alpha) = 0.95.

(a) A 95% confidence interval estimate for the is


xˉz0.025s/nμxˉ+z0.025s/n,\bar{x} - z_{0.025}s / \sqrt{n} \leq \mu \leq \bar{x} + z_{0.025}s / \sqrt{n},2.61.960.3/5.3μ2.6+1.960.3/5.32.6 - 1.96 \cdot 0.3 / 5.3 \leq \mu \leq 2.6 + 1.96 \cdot 0.3 / 5.3


or 2.49μ2.712.49 \leq \mu \leq 2.71.

(b) Let nn be the required sample size. To be 95% confident that if off by less than 0.05 would implies z0.025s/n<0.05z_{0.025}s / \sqrt{n} < 0.05, or n[0.31.960.05]2139n \geq \left[\frac{0.3 \cdot 1.96}{0.05}\right]^2 \approx 139.

Answer.a) [2.49, 2.71], b) 139.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

LATEST TUTORIALS
APPROVED BY CLIENTS