Chapter 9: Problem 49
Police Chief Aaron Ard of River City reports 500 traffic citations were issued last month. A sample of 35 of these citations showed the mean amount of the fine was \(\$ 54,\) with a standard deviation of \(\$ 4.50 .\) Construct a 95 percent confidence interval for the mean amount of a citation in River City.
Short Answer
Step by step solution
Understanding the Problem
Identifying the Appropriate Formula
Finding the t-Value
Calculating the Margin of Error
Constructing the Confidence Interval
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Key Concepts
These are the key concepts you need to understand to accurately answer the question.
t-distribution
The t-distribution accounts for the greater variability expected in such situations, providing a more accurate reflection of the uncertainty involved.
Some characteristics of the t-distribution include:
- Symmetric around zero, similar to the normal distribution.
- The degree of freedom alters its shape; fewer degrees mean thicker tails.
- As the sample size increases, it approaches a normal distribution.
margin of error
In mathematical terms, it's calculated using the formula:\[ ME = t \times \frac{s}{\sqrt{n}} \] where:
- \( t \) is the t-value from the t-distribution table at the desired confidence level.
- \( s \) is the sample standard deviation.
- \( n \) is the sample size.
This indicates how much the mean citation amount could vary due to random sampling. With this margin, we can better understand how our sample mean translates to the broader population, ensuring our estimates remain realistic and grounded in statistical theory.
sample mean
In the context of statistics, the sample mean is used to estimate the population mean, especially when we're unable to measure every individual in the population.
For the traffic citations problem, the sample mean was \( \$54 \). This number represents the central point in our calculation of the confidence interval.
Knowing the sample mean is crucial as it's the baseline from which we consider variations and uncertainties using the t-distribution and margin of error.
Keep in mind:
- It is an arithmetic average.
- Serves as a primary point of comparison within statistical analysis.
- Is inherently tied to the sample size and its representativeness of the population.
standard deviation
In the context of our citation fines, the standard deviation was \( \\(4.50 \). This tells us about the variability of citation amounts around our mean of \( \\)54 \). The smaller the SD, the closer the data points are to the mean value, indicating less variability.
Standard deviation is crucial for calculating the margin of error and, in turn, the confidence interval, as it influences the width of this interval. In this context:
- If SD is low, confidence intervals will be narrower, meaning more precise estimates.
- High SD means intervals are wider, reflecting greater uncertainty.