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91Ó°ÊÓ

Using \(t\) -table Using Table \(B\) or software or a calculator, report the \(t\) -score which you multiply by the standard error to form the margin of error for a a. \(95 \%\) confidence interval for a mean with 5 observations. b. \(95 \%\) confidence interval for a mean with 15 observations. c. \(99 \%\) confidence interval for a mean with 15 observations.

Short Answer

Expert verified
a. 2.776; b. 2.145; c. 2.977.

Step by step solution

01

Understand the Confidence Interval Context

A confidence interval provides a range of values which is likely to contain the population parameter, in this case, the population mean. The margin of error for the confidence interval is calculated by multiplying the critical t-value by the standard error of the mean.
02

Identify Degrees of Freedom

Degrees of freedom (df) for a t-distribution is usually calculated as the number of observations minus 1. For part (a), with 5 observations, degrees of freedom are 4. For parts (b) and (c), with 15 observations, degrees of freedom are 14.
03

Find the Critical t-value for 95% Confidence (df = 4)

Using a t-table for a 95% confidence level and 4 degrees of freedom, the critical t-value is approximately 2.776.
04

Find the Critical t-value for 95% Confidence (df = 14)

Using a t-table for a 95% confidence level and 14 degrees of freedom, the critical t-value is approximately 2.145.
05

Find the Critical t-value for 99% Confidence (df = 14)

Using a t-table for a 99% confidence level and 14 degrees of freedom, the critical t-value is approximately 2.977.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Confidence Intervals
A confidence interval is a statistical tool used to estimate an unknown population parameter, such as the mean, based on a sample. This interval gives a range within which we believe the true population mean is likely to fall. It's expressed with a certain degree of certainty, usually 95% or 99% in many studies. What this percentage means is that if we were to take 100 different samples and compute a confidence interval for each, we expect about 95 or 99 of these intervals to contain the true population mean, depending on which confidence level we've set. The confidence interval is calculated using the sample mean, the standard error of the mean, and the critical value from the t-distribution. Thus, the confidence interval helps in making inferences about the population and is crucial in hypothesis testing.

The formula for confidence interval: Confidence Interval = Sample Mean ± Margin of Error
Degrees of Freedom
Degrees of freedom (df) refer to the number of independent values or quantities which can be assigned to a statistical distribution. In simpler terms, it describes the number of values in a calculation that have the freedom to vary. It is an essential part of calculations involving t-scores because the shape of the t-distribution depends on the degrees of freedom.

For a simple example, consider you have 5 observations in a sample. The number of degrees of freedom in this case would be one less than the number of observations, which is 4 (5 - 1 = 4). This is because you're using sample data to calculate the variance or standard error, losing one degree of freedom in the process.

As the number of observations (and thus the degrees of freedom) increases, the t-distribution approaches a normal distribution. For smaller sample sizes, the t-distribution is wider, reflecting more variability and less certainty in the estimate.
Critical t-Value
The critical t-value is a point on the t-distribution that marks the boundary for the confidence interval. It's the value that you multiply by the standard error to find the margin of error. Depending on the sample size and confidence level, the critical t-value can vary.

You find this value in the t-distribution table or by using statistical software. It depends on the degrees of freedom, and the desired confidence level. For instance, if you have 4 degrees of freedom and wish for a 95% confidence level, you would refer to a t-table to find a critical t-value of approximately 2.776. If you're using a larger sample, say with 14 degrees of freedom, the critical t-value for a 95% confidence level drops to about 2.145.

Therefore, understanding the critical t-value's role is crucial for calculating confidence intervals and making informed statistical conclusions.
Margin of Error
The margin of error quantifies the uncertainty or the potential error in a confidence interval. It's calculated by multiplying the critical t-value with the standard error of the sample mean. In essence, the margin of error helps us understand how much errors we might expect in our estimate of the population parameter. This is crucial in making informed decisions based on statistical data.

Calculating it involves using the formula: Margin of Error = Critical t-value × Standard Error

The larger the margin of error, the wider the confidence interval, indicating more potential variability in the sample estimates. Conversely, a smaller margin of error narrows the confidence interval, suggesting more precision. Factors influencing the margin of error include the variability of the data, sample size, and the chosen confidence level, affecting how confident we are regarding the estimate.

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Most popular questions from this chapter

How often do women feel sad? A recent GSS asked, "How many days in the past seven days have you felt sad?" The 816 women who responded had a median of \(1,\) mean of 1.81 , and standard deviation of \(1.98 .\) The 633 men who responded had a median of \(1,\) mean of \(1.42,\) and standard deviation of \(1.83 .\) a. Find a \(95 \%\) confidence interval for the population mean for women. Interpret. b. Do you think that this variable has a normal distribution? Does this cause a problem with the confidence interval method in part a? Explain.

Help the poor? One question (called NATFAREY) on the General Social Survey for the year 2008 asks, "Are we spending too much, too little, or about the right amount on assistance to the poor?" Of the 998 people who responded in 2008 , 695 said too little, 217 said about right, and 86 said too much. a. Find the point estimate of the population proportion who would answer "about right." b. The margin of error of this estimate is \(0.05 .\) Explain what this represents.

Need 15 successes and 15 failures To use the largesample confidence interval for \(p,\) you need at least 15 successes and 15 failures. Show that the smallest value of \(n\) for which the method can be used is (a) 30 when \(\hat{p}=0.50,\) (b) 50 when \(\hat{p}=0.30,\) (c) 150 when \(\hat{p}=0.10\). That is, the overall \(n\) must increase as \(\hat{p}\) moves toward 0 or 1 . (When the true proportion is near 0 or \(1,\) the sampling distribution can be highly skewed unless \(n\) is quite large.)

How long lived in town? The General Social Survey has asked subjects, "How long have you lived in the city, town, or community where you live now?" The responses of 1415 subjects in one survey had a mode of less than 1 year, a median of 16 years, a mean of 20.3 and a standard deviation of \(18.2 .\) a. Do you think that the population distribution is normal? Why or why not? b. Based on your answer in part a, can you construct a \(95 \%\) confidence interval for the population mean? If not, explain why not. If \(\mathrm{so},\) do so and interpret.

True or false The confidence interval for a mean with a random sample of size \(n=2000\) is invalid if the population distribution is bimodal.

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