We provide a sample mean, sample size, and population standard deviation. In each case, perform the following tasks.

a. Find a 95% confidence interval for the popularion mean. (Note: You may want to review Example 8.2, which begins on page 316.)

b. Identify and interpret the margin of error:

c. Express the endpoints of the confidence interval in terms of the point estimate and the margin of error.

where, x^=20,n=36,σ=3

Short Answer

Expert verified

Part (a)The 95%confidence interval for the population mean is 19,21

Part (b) The margin of error is 1

Part (C) The endpoints of the confidence interval is 20±1

Step by step solution

01

Step 1:Given information

x^=20,n=36,σ=3

02

Step 2:Part (a) Calculation

Computing a 95%confidence interval for the population mean.

Consider x¯=20,n=36, and σ=3.

Empirical rule:

Property 1: Approximately 68%of the data set lies between (x¯-2s,x¯+2s)

Property 2: Approximately 95%of the data set lies between (x¯-2s,x¯+2s).

Property 3: Approximately99.7%of the data set lies between (x¯-3s,x¯+3s).

By using Property 2, the 95%of all observations lie within two standard deviations to either side of the mean.

The 95%confidence interval for the population mean is,

x¯±2σn=20±2336=20±1=(20-1,20+1)=(19,21)

Thus, the95% confidence interval for the population mean is (19,21)

03

 Step 3:part (b) Calculation

From part (a), we have found out that the margin of error is 1

Interpretation:

we can estimate that the population mean (μ)to within 1with 95%confidence

04

Step 4:Part (c) Calculation

Expressing the endpoints of the confidence interval.

Endpoints=Point estimate±Margin of error=20±1

Thus, the endpoints of the confidence interval is 20±1

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