A machine makes parts with a variance of 14.5 cm in length. A random sample of 50 parts has a mean length of 106.5 cm. What are the 95% and 99% confidence intervals for the length of parts?
a) The critical value for "\\alpha = 0.05" is "z_c = z_{1-\\alpha\/2} = 1.96."
The corresponding confidence interval is computed as shown below:
"=(106.5-1.96\\times\\dfrac{3.8}{\\sqrt{50}}, 106.5+1.96\\times\\dfrac{3.8}{\\sqrt{50}})"
"=(105.4467, 107.5533)"
Therefore, based on the data provided, the 95% confidence interval for the population mean is "105.4467<\\mu<107.5533," which indicates that we are 95% confident that the true population mean "\\mu" is contained by the interval "(105.4467, 107.5533)."
b) The critical value for "\\alpha = 0.01" is "z_c = z_{1-\\alpha\/2} = 2.5758."
The corresponding confidence interval is computed as shown below:
"=(106.5-2.5758\\times\\dfrac{3.8}{\\sqrt{50}}, 106.5+2.5758\\times\\dfrac{3.8}{\\sqrt{50}})"
"=(105.1158, 107.8842)"
Therefore, based on the data provided, the 95% confidence interval for the population mean is "105.1158<\\mu<107.8842," which indicates that we are 95% confident that the true population mean "\\mu" is contained by the interval "(105.1158, 107.8842)."
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