Please show your work stepbystep Work on problem number 16 a
Please show your work step-by-step
Work on problem number 16 (a-b) on page 8-12; Given that X ?=699
Solution
Note that
Lower Bound = X - z(alpha/2) * s / sqrt(n)
Upper Bound = X + z(alpha/2) * s / sqrt(n)
where
X = sample mean = 699
z(alpha/2) = critical z for the confidence interval = 1.959963985
s = sample standard deviation = 20.4
n = sample size = 110
Thus,
Lower bound = 695.1877452
Upper bound = 702.8122548
Thus, the confidence interval is
( 695.1877452 , 702.8122548 ) [ANSWER]
We are 95% confident that the true mean is between 695.19 and 702.81. [answer]
****************************************
USING Z DISTRIBUTION
Note that
Lower Bound = X - z(alpha/2) * s / sqrt(n)
Upper Bound = X + z(alpha/2) * s / sqrt(n)
where
X = sample mean = 699
z(alpha/2) = critical z for the confidence interval = 2.575829304
s = sample standard deviation = 20.4
n = sample size = 110
Thus,
Lower bound = 693.989848
Upper bound = 704.010152
Thus, the confidence interval is
( 693.989848 , 704.010152 ) [answer]
We are 99% confident that the true mean is between 693.99 and 704.01. [answer]
