Question #276073

DETERMINE WHETHER THE FOLLOWING STATEMENTS HAVE A KNOWN OR UNKNOWN POPULATION VARIANCE. IDENTIFY ALSO THE FORMULA TO BE USED TO ESTIMATE THE STANDARD ERROR OF THE MEAN.


An SHS teacher claims that the average time it takes a group of students to complete the Statistics and Probability examination is 50.5 minutes with a variance of 17.64 minutes squared. She randomly selected 45 students and found them to have a mean of 52 minutes and a standard deviation of 3.5 minutes. She then used the z-distribution to find out if the group can complete the exam faster than the population.


1
Expert's answer
2021-12-07T04:45:41-0500

We are given that,

μ=50.5, σ=17.64\mu=50.5,\space \sigma=17.64

n=45, xˉ=52, s=3.5n=45,\space \bar{x}=52,\space s=3.5

Here, the population variance is known since we are provided with the population standard deviation.

The population variance is, σ2=(σ)2=17.642=311.1696\sigma^2=(\sigma)^2=17.64^2=311.1696.

Since the population variance is known and the sample size is greater than 30, we apply the formula below to determine the standard error for the mean.

SE=Zα(σ/n)S E=Z_{\alpha }*(\sigma/\sqrt{n}) where ZαZ_{\alpha} is the standard normal table value at α\alpha level of significance, nn is the sample size and σ\sigma is the population standard deviation.

Therefore, the formula to estimate the standard error of the mean is Zα(σ/n)Z_{\alpha}(\sigma/\sqrt{n})


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!

Comments

No comments. Be the first!
LATEST TUTORIALS
APPROVED BY CLIENTS