b) mean and standard deviation? (b) What is the confidence interval for population mean at 95 per cent confidence interval The following data have been collected for a sample from a normal population: 5,11, 8, 11, 18, 13, 33, 27, 22 (a) What is the point estimate of population?
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Expert's answer
2021-09-21T12:24:44-0400
(a)
mean=xˉ=91(5+11+8+11+18+13+33
+27+22)=9148≈16.444
s2=9−11((5−9148)2+(11−9148)2
+(8−9148)2+(11−9148)2
+(18−9148)2+(13−9148)2
+(33−9148)2+(27−9148)2
+(22−9148)2)=86.528
standarddeviation=s=s2=9.302
(b) The critical value for α=0.05 and df=n−1=9−1=8 degrees of freedom is tc=z1−α/2,n−1=2.306002.
The corresponding confidence interval is computed as shown below:
CI=(xˉ−tc×ns,xˉ+tc×ns)
=(16.444−2.306×99.302,16.444+2.306×99.302)
=(9.294,23.594)
Therefore, based on the data provided, the 95% confidence interval for the population mean is 9.294<μ<23.594, which indicates that we are 95% confident that the true population mean μ is contained by the interval (9.294,23.594).
The point estimate of population mean is the sample mean xˉ=16.444.
The sample standard deviation (s) is a point estimate of the population standard deviation (σ) s=9.302.
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