Determine the confidence level for each of the following lar
Determine the confidence level for each of the following large-sample one-sided confidence bounds. (Round your answers to the nearest whole number.) Upper bound: x + 0.84s/ squareroot n Lower bound: x - 1.88s/ squareroot n Upper bound: x + 0.52s/ squareroot n you may need to use the appropriate table In the Appendix of Tables to answer this question.
Solution
as the problem said that the sample is larger we will use Z distribution and we just need to find a value of probability for each Z value
when we find that probability that will be our alpha
and we know that alpha = 1 - confidence interval
confidence interval = 1 - alpha
a)
for 0.84 prob = 0.2005
confidence interval = 1 - 0.2005 = 0.7995 = 79.95% = 80 %
b)
for 1.88 probability = 0.0301
confidence interval = 1 - 0.0301 = 0.9699 = 96.99% = 97%
c)
for 0.52 probability = 0.3015
confidence interval = 1 - 0.3015 = 0.6985 = 69.85% = 70%
