Question: A simple random sample of 60 items resulted in a sample mean of 80 . The population standard deviation is =15. a. Compute the 95%

A simple random sample of 60 items resulted in a sample mean of 80 . The population standard deviation is =15. a. Compute the 95% confidence interval for the population mean. Round your answers to one decimal place. b. Assume that the same sample mean was obtained from a sample of 120 items. Provide a 95% confidence interval for the population mean. Round your answers to two decimal places. c. What is the effect of a larger sample size on the interval estimate? Larger sample provides a margin of error
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
