Question: A random sample is drawn from a population with = 12. The sample mean is 30. (a) Compute a 95% confidence interval for
(a) Compute a 95% confidence interval for μ based on a sample of size 49. What is the value of the margin of error?
(b) Compute a 95% confidence interval for μ based on a sample of size 100. What is the value of the margin of error?
(c) Compute a 95% confidence interval for μ based on a sample of size 225. What is the value of the margin of error?
(d) Compare the margins of error for parts (a)–(c). As the sample size increases, does the margin of error decrease?
(e) Compare the lengths of the confidence intervals for parts (a)–(c). As the sample size increases, does the length of a 90% confidence interval decrease?
Step by Step Solution
3.52 Rating (162 Votes )
There are 3 Steps involved in it
a The margin of error is 336 b The margin of erro... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
785-M-S-P-E (1134).docx
120 KBs Word File
