Chapter 8: Problem 9
How will you interpret a \(99 \%\) confidence interval for \(\mu ?\) Explain.
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Chapter 8: Problem 9
How will you interpret a \(99 \%\) confidence interval for \(\mu ?\) Explain.
These are the key concepts you need to understand to accurately answer the question.
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A city planner wants to estimate the average monthly residential water usage in the city at a \(97 \%\) confidence level. Based on earlier data, the population standard deviation of the monthly residential water usage in this city is \(389.60\) gallons. How large a sample should be selected so that the estimate for the average monthly residential water usage in this city is within 100 gallons of the population mean?
When one is attempting to determine the required sample size for estimating a population mean, and the information on the population standard deviation is not available, it may be feasible to take a small preliminary sample and use the sample standard deviation to estimate the required sample size, \(n .\) Suppose that we want to estimate \(\mu\), the mean commuting distance for students at a community college, to a margin of error within 1 mile with a confidence level of \(95 \%\). A random sample of 20 students yields a standard deviation of \(4.1\) miles. Use this value of the sample standard deviation, \(s\), to estimate the required sample size, \(n .\) Assume that the corresponding population has an approximate normal distribution.
The standard deviation for a population is \(\sigma=7.14\). A random sample selected from this population gave a mean equal to \(48.52\). a. Make a \(95 \%\) confidence interval for \(\mu\) assuming \(n=196\). b. Construct a \(95 \%\) confidence interval for \(\mu\) assuming \(n=100\). c. Determine a \(95 \%\) confidence interval for \(\mu\) assuming \(n=49\). d. Does the width of the confidence intervals constructed in parts a through c increase as the sample size decreases? Explain.
The standard deviation for a population is \(\sigma=14.8\). A random sample of 25 observations selected from this population gave a mean equal to \(143.72\). The population is known to have a normal distribution. a. Make a \(99 \%\) confidence interval for \(\mu\). b. Construct a \(95 \%\) confidence interval for \(\mu\). c. Determine a \(90 \%\) confidence interval for \(\mu\). d. Does the width of the confidence intervals constructed in parts a through \(\mathrm{c}\) decrease as the confidence level decreases? Explain your answer.
A large city with chronic economic problems is considering legalizing casino gambling. The city council wants to estimate the proportion of all adults in the city who favor legalized casino gambling. What is the most conservative estimate of the minimum sample size that would limit the margin of error to be within \(.05\) of the population proportion for a \(95 \%\) confidence interval?
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