Whenthe standard deviation is unknown and the sample is of size n ≥ 30, there are two methods for computing confidence intervals for the mean (u). Method 1: Use the Student's t distribution with d.f. = n − 1. This is the method used in the text. It is widely employed in statistical studies. Also, most statistical software packages use this method. Method 2: When n ≥ 30, use the sample standard deviation s as an estimate for standard deviation (o), and then use the standard normal distribution. This method is based on the fact that for large samples, s is a fairly good approximation forthe standard deviation (o). Also, for large n, the critical values for the Student's t distribution approach those of the standard normal distribution. Consider a random sample of size n = 41, with sample mean x = 44.5 and sample standard deviation s = 4.7. (a) Compute 90%, 95%, and 99% confidence intervals for the mean (u) using Method 1 with a Student's t distribution. Round endpoints to two digits after the decimal. 90% 95% 99% lower limit upper limit (b) Compute 90%, 95%, and 99% confidence intervals for the mean (u) using Method 2 with the standard normal distribution. Use s as an estimate for standard deviation (o). Round endpoints to two digits after the decimal. 90% 95% 99% lower limit upper limit
Whenthe standard deviation is unknown and the sample is of size n ≥ 30, there are two methods for computing confidence intervals for the mean (u). Method 1: Use the Student's t distribution with d.f. = n − 1. This is the method used in the text. It is widely employed in statistical studies. Also, most statistical software packages use this method. Method 2: When n ≥ 30, use the sample standard deviation s as an estimate for standard deviation (o), and then use the standard normal distribution. This method is based on the fact that for large samples, s is a fairly good approximation forthe standard deviation (o). Also, for large n, the critical values for the Student's t distribution approach those of the standard normal distribution. Consider a random sample of size n = 41, with sample mean x = 44.5 and sample standard deviation s = 4.7. (a) Compute 90%, 95%, and 99% confidence intervals for the mean (u) using Method 1 with a Student's t distribution. Round endpoints to two digits after the decimal. 90% 95% 99% lower limit upper limit (b) Compute 90%, 95%, and 99% confidence intervals for the mean (u) using Method 2 with the standard normal distribution. Use s as an estimate for standard deviation (o). Round endpoints to two digits after the decimal. 90% 95% 99% lower limit upper limit
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
Related questions
Question
Whenthe standard deviation is unknown and the sample is of size n ≥ 30, there are two methods for computing confidence intervals for the mean (u).
Method 1: Use the Student's t distribution with d.f. = n − 1.
This is the method used in the text. It is widely employed in statistical studies. Also, most statistical software packages use this method.
Method 2: When n ≥ 30, use the sample standard deviation s as an estimate for standard deviation (o), and then use the standardnormal distribution .
This method is based on the fact that for large samples, s is a fairly good approximation forthe standard deviation (o). Also, for large n, the critical values for the Student's t distribution approach those of the standard normal distribution.
This is the method used in the text. It is widely employed in statistical studies. Also, most statistical software packages use this method.
Method 2: When n ≥ 30, use the sample standard deviation s as an estimate for standard deviation (o), and then use the standard
This method is based on the fact that for large samples, s is a fairly good approximation forthe standard deviation (o). Also, for large n, the critical values for the Student's t distribution approach those of the standard normal distribution.
Consider a random
(a) Compute 90%, 95%, and 99% confidence intervals for the mean (u) using Method 1 with a Student's t distribution. Round endpoints to two digits after the decimal.
(b) Compute 90%, 95%, and 99% confidence intervals for the mean (u) using Method 2 with the standard normal distribution. Use s as an estimate for standard deviation (o). Round endpoints to two digits after the decimal.
90% | 95% | 99% | |
lower limit | |||
upper limit |
(b) Compute 90%, 95%, and 99% confidence intervals for the mean (u) using Method 2 with the standard normal distribution. Use s as an estimate for standard deviation (o). Round endpoints to two digits after the decimal.
90% | 95% | 99% | |
lower limit | |||
upper limit |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 7 steps
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,