Question #85579

A random sample of size 64 has been drawn from a population with standard
deviation 20. The mean of the sample is 80.
i) Calculate 95% confidence limits for the population mean.
ii) How does the width of the confidence interval changes if the sample size is
256 instead?
1

Expert's answer

2019-03-05T11:56:07-0500

Answer on Question #855579 – Math – Statistics and Probability

Question

A random sample of size 64 has been drawn from a population with standard deviation 20. The mean of the sample is 80.

i) Calculate 95% confidence limits for the population mean.

ii) How does the width of the confidence interval changes if the sample size is 256 instead?

Solution

i) 95%CI=(xˉz0.025sn,xˉ+z0.025sn)=95\% CI = \left(\bar{x} - z_{0.025} \frac{s}{\sqrt{n}}, \bar{x} + z_{0.025} \frac{s}{\sqrt{n}}\right) =

=(801.962064,80+1.962064)=(75.1,84.9).= \left(80 - 1.96 \frac{20}{\sqrt{64}}, 80 + 1.96 \frac{20}{\sqrt{64}}\right) = (75.1, 84.9).


Width of the confidence interval: 84.975.1=9.884.9 - 75.1 = 9.8.

ii) 95%CI=(xˉz0.025sn,xˉ+z0.025sn)=95\% CI = \left(\bar{x} - z_{0.025} \frac{s}{\sqrt{n}}, \bar{x} + z_{0.025} \frac{s}{\sqrt{n}}\right) =

=(801.9620256,80+1.9620256)=(77.55,82.45).= \left(80 - 1.96 \frac{20}{\sqrt{256}}, 80 + 1.96 \frac{20}{\sqrt{256}}\right) = (77.55, 82.45).


Width of the confidence interval: 82.4577.55=4.982.45 - 77.55 = 4.9.

The width will decrease by 2 times.

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