Question: Solve the following in excel while showing all formulas Inferential Statistics: Confidence interval Find the following using excel If P(z k)=0.025, k= If P(z k)=0.01,

Solve the following in excel while showing all formulas

Inferential Statistics: Confidence interval

  1. Find the following using excel
    1. If P(z
    2. If P(z>k)=0.025, k=
    3. If P(z
    4. If P(z>k)=0.01, k=?
    5. t0.025,100=?
    6. t0.03,150=?

  1. Obtain the following
  2. 95% confidence interval for Average time spent on social media

Interval Estimate

Population standard deviation

z or t interval?

alpha

Point estimate

B

LCL

UCL

2.34

Unknown

  1. 90% confidence interval for average level of obesity

Interval Estimate

Population standard deviation

z or t interval?

alpha

Point estimate

B

LCL

UCL

7.12

unknown

  1. Stated confidence for the proportion of all students using Samsung as a smartphone

Interval Estimate

z or t interval?

alpha

Point estimate

B

LCL

UCL

99%

85%

  1. Using the z-confidence intervals, state whether the following claims can be true or false?
    1. The 95% confidence interval states that, on average, students spend more than 3.5 hours on social media
    2. The 90% confidence interval states that, on average, students are obese by more than 5 KG.
    3. The 99% confidence interval estimate shows that the student market share of Samsung is 33%
    4. The 85% confidence interval estimate shows that the student market share of Samsung is 33%

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