Question #47127

1. The new Twinkle bulb has a standard deviation hours. A random sample of 60 light bulbs is selected from inventory. The sample mean was found to be 500 hours.

Construct 90%, 95% and 99% confidence intervals for the mean life,  of all Twinkle bulbs. Round to the nearest three decimals.

Please help me solve this with steps
1

Expert's answer

2014-09-29T09:44:17-0400

Answer on Question #47127 – Math – Statistics and Probability

The new Twinkle bulb has a standard deviation hours. A random sample of 60 light bulbs is selected from inventory. The sample mean was found to be 500 hours.

Construct 90%, 95% and 99% confidence intervals for the mean life, ☐ of all Twinkle bulbs. Round to the nearest three decimals.

Solution.

To answer this question, we need to know the standard deviation σ\sigma.

Then the margin of error for 90% confidence interval will be:


1.645σ60=0.212σ;1.645 \frac{\sigma}{\sqrt{60}} = 0.212\sigma;


the margin of error for 95% confidence interval will be:


1.96σ60=0.253σ;1.96 \frac{\sigma}{\sqrt{60}} = 0.253\sigma;


the margin of error for 99% confidence interval will be:


2.58σ60=0.333σ;2.58 \frac{\sigma}{\sqrt{60}} = 0.333\sigma;


And the confidence intervals for the mean life, respectively:

90%: (500 – 0.212σ, 500 + 0.212σ);

95%: (500 – 0.253σ, 500 + 0.253σ);

99%: (500 – 0.333σ, 500 + 0.333σ).

For example, for standard deviation σ=40\sigma = 40:

90%: (491.520, 508.480);

95%: (489.880, 510.120);

99%: (486.680, 513.320).

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