The US Geological Survey compiled historical data about Old
The U.S. Geological Survey compiled historical data about Old Faithful Geyser (Yellowstone National Park) from 1870 to 1987. Let x1 be a random variable that represents the time interval (in minutes) between Old Faithful eruptions for the years 1948 to 1952. Based on 9100 observations, the sample mean interval was x1 = 62.6 minutes. Let x2 be a random variable that represents the time interval in minutes between Old Faithful eruptions for the years 1983 to 1987. Based on 23,936 observations, the sample mean time interval was x2 = 72.8 minutes. Historical data suggest that ?1 = 8.70 minutes and ?2 = 11.85 minutes. Let ?1 be the population mean of x1 and let ?2 be the population mean of x2.
(a) Compute a 99% confidence interval for ?1
Solution
Given a=1-0.99=0.01, Z(0.005) = 2.58 (from standard normal table)
So Lower Limit:
(xbar1-xbar2) - Z*sqrt(s1^2/n1+s2^2/n2)
=(62.6-72.8)-2.58*sqrt(8.7^2/9100+11.85^2/23936)
=-10.51
So Upper Limit:
(xbar1-xbar2) + Z*sqrt(s1^2/n1+s2^2/n2)
=(62.6-72.8) + 2.58*sqrt(8.7^2/9100+11.85^2/23936)
=-9.89
