Suppose you wish to estimate the mean of a normal population

using a 95% confidence interval, and you know from prior information thatσ21

a. To see the effect of the sample size on the width of the confidence interval, calculate the width of the confidence interval for n= 16, 25, 49, 100, and 400.

b. Plot the width as a function of sample size non graph paper. Connect the points by a smooth curve and note how the width decreases as nincreases.

Short Answer

Expert verified

a. The width of the confidence interval for n=16 is 0.98, The width of the confidence interval for n=25 is 0.784, The width of the confidence interval for n=49 is 0.56, The width of the confidence interval for n=100 is 0.392 The width of the confidence interval for n=400 is 0.196

b.From the drawn graph, It is observed that the width of the confidence interval decrease as the sample size increase.

Step by step solution

01

Given information

Know from prior information thatσ21

02

Finding the width of the confidence interval

a.

The width of the confidence interval is

Width=2×zα/2×σn

The critical value for a 95% confidence interval iszα/2=z0.025=1.96

For sample size n=16

Width=2×zα/2×σn=2×1.96×116=0.98

For sample size n=25

Width=2×zα/2×σn=2×1.96×125=0.784

For sample size n=49

Width=2×zα/2×σn=2×1.96×149=0.56

For sample size n=100

Width=2×zα/2×σn=2×1.96×1100=0.392

For sample size n=400

Width=2×zα/2×σn=2×1.96×1400=0.196

03

Plotting the width of the confidence interval

b.

Here it is observed that the width of confidence interval decrease as the sample size increase.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

Evaporation from swimming pools. A new formula for estimating the water evaporation from occupied swimming pools was proposed and analyzed in the journal Heating Piping/Air Conditioning Engineering (April 2013). The key components of the new formula are number of pool occupants, area of pool’s water surface, and the density difference between room air temperature and the air at the pool’s surface. Data were collected from a wide range of pools for which the evaporation level was known. The new formula was applied to each pool in the sample, yielding an estimated evaporation level. The absolute value of the deviation between the actual and estimated evaporation level was then recorded as a percentage. The researchers reported the following summary statistics for absolute deviation percentage: x¯=18, s=20. Assume that the sample containedn=15 swimming pools

a. Estimate the true mean absolute deviation percentage for the new formula with a 90% confidence interval.

b. The American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE) handbook also provides a formula for estimating pool evaporation. Suppose the ASHRAE mean absolute deviation percentage is μ=40%. (This value was reported in the article.) On average, is the new formula “better” than the ASHRAE formula? Explain

Use Table III, Appendix D to determine thet0 values foreach of the following probability statements and their respectivedegrees of freedom (df ).

a.Ptt0=.25withdf=15

b.Ptt0=.1withdf=8

c.P-t0tt0=.01withdf=19

d.P-t0tt0=.05withdf=24

Cell phone use by drivers. Studies have shown that driverswho use cell phones while operating a motor passenger vehicleincrease their risk of an accident. Nevertheless, driverscontinue to make cell phone calls whiledriving. A June2011 Harris Pollof 2,163 adults found that 60% (1,298adults) use cell phones while driving.

  1. Give a point estimate of p,the true driver cell phone use rate (i.e., the proportion of all drivers who are usinga cell phone while operating a motor passengervehicle).
  2. Find a 95% confidence interval for p.
  3. Give a practical interpretation of the interval, part b.
  4. Determine the margin of error in the interval if thenumber of adults in the survey is doubled.

Study of aircraft bird-strikes. As worldwide air traffic volume has grown over the years, the problem of airplanes striking birds and other flying wildlife has increased dramatically. The International Journal for Traffic and Transport Engineering (Vol. 3, 2013) reported on a study of aircraft bird strikes at Aminu Kano International Airport in Nigeria. During the survey period, a sample of 44 aircraft bird strikes were analyzed. The researchers found that 36 of the 44 bird strikes at the airport occurred above 100 feet. Suppose an airport air traffic controller estimates that less than 70% of aircraft bird strikes occur above 100 feet. Comment on the accuracy of this estimate. Use a 95% confidence interval to support your inference.

Accounting and Machiavellianism. Refer to the Behavioral Research in Accounting (January 2008) study of Machiavellian traits in accountants, Exercise 1.33 (p. 52). Recall that Machiavellian describes negative character traits that include manipulation, cunning, duplicity, deception, and bad faith. A Machiavellian (“Mach”) rating score was determined for each in a sample of accounting alumni of a large southwestern university. Scores range from a low of 40 to a high of 160, with the theoretical neutral Mach rating score of 100. The 122 purchasing managers in the sample had a mean Mach rating score of 99.6, with a standard deviation of 12.6.

a. From the sample, estimate the true mean Mach rating score of all purchasing managers.

b. Form a 95% confidence interval for the estimate, part b.

c. Give a practical interpretation of the interval, part c.

d. A director of purchasing at a major firm claims that the true mean Mach rating score of all purchasing managers is 85. Is there evidence to dispute this claim? From the given information we have 122 purchasing managers in the sample had a mean Mach rating score of 99.6, with a standard deviation of 12.6.

See all solutions

Recommended explanations on Math Textbooks

View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free