Question #350342

1.The population of SULU Horn bill (one of the endangered bird species in the Philippines) has a standard deviation of 40. An environment researcher wants to construct a 90% confidence interval if the sample size is 150 and the sample mean is 65.



a. What is the margin of error



b. Construct the confidence interval



c. Find the leng of the confidence interval




2. The average price of 350 cellphones is Php 13,500 with a sample standard deviation of Php 750. A market researcher desires a 99% level of confidence in the true average price of cellphones



a. What is the margin error



b. Construct the confidence interval



c. Find the length of the confidence interval



1
Expert's answer
2022-06-14T08:16:25-0400

1.

a) The critical value for α=0.1\alpha = 0.1 is zc=z1α/2=1.6449.z_c = z_{1-\alpha/2} = 1.6449.

The margin of error is


ME=zc×σn=1.6449×40150ME=z_c\times \dfrac{\sigma}{\sqrt{n}}=1.6449\times \dfrac{40}{\sqrt{150}}

5.372221\approx5.372221

b) The corresponding confidence interval is computed as shown below:


CI=(xˉME,xˉ+ME)CI=(\bar{x}-ME, \bar{x}+ME)

(655.372221,65+5.372221)\approx(65-5.372221, 65+5.372221)

=(59.627779,70.372221)=(59.627779, 70.372221)

Therefore, based on the data provided, the 90% confidence interval for the population mean is 59.628<μ<70.372,59.628 < \mu < 70.372, which indicates that we are 90%  confident that the true population mean μ\mu is contained by the interval (59.628,70.372).(59.628, 70.372).

c) The length of the confidence interval is 2ME2ME


2(5.372221)=10.7444422(5.372221)=10.744442

2.

a) The critical value for α=0.01,df=n1=349\alpha = 0.01, df=n-1=349 degrees of freedom is  tc=z1α/2;n1=2.58999t_c = z_{1-\alpha/2; n-1} = 2.58999

The margin of error is


ME=tc×sn=2.58999×750350ME=t_c\times \dfrac{s}{\sqrt{n}}=2.58999\times \dfrac{750}{\sqrt{350}}

103.8306\approx103.8306

b) The corresponding confidence interval is computed as shown below:


CI=(xˉME,xˉ+ME)CI=(\bar{x}-ME, \bar{x}+ME)

(13500103.8306,13500+103.8306)\approx(13500-103.8306, 13500+103.8306)

=(13396.1694,13603.8306)=(13396.1694, 13603.8306)

Therefore, based on the data provided, the 99% confidence interval for the population mean is 13396.17<μ<13603.83,13396.17 < \mu < 13603.83, which indicates that we are 99%  confident that the true population mean μ\mu is contained by the interval (13396.17,13603.83).(13396.17, 13603.83).

c) The length of the confidence interval is 2ME2ME


2(103.8306)=207.662(103.8306)=207.66


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