Confidence-Interval-Lecture-for-Students
Confidence-Interval-Lecture-for-Students
SAMPLES
ESTIMATE
Point Estimate
• A point estimate of a population parameter is a single
value used to estimate the population parameter.
2 2
μ = xത σ =s
2
TRUE OR FALSE: estimation accuracy increases with large
samples, but there is still no reason we should expect a
point estimate from a given sample to be exactly equal to
the population parameter it is supposed to estimate.
A. True C. Maybe
B. False D. All of the above
Interval Estimate
• an interval within which the value of a parameter of a population
has a stated probability of occurring.
66.71, 69.29
What will you choose 95% or 99%?
Ideally, we prefer a short interval with a high degree of confidence.
A. 6.08% C. 8.08%
B. 7.08% D. 9.08%
6
A population of 29 year-old males has a mean salary of $29,321
with a standard deviation of $2,120. If a sample of 100 men is
taken, what is the probability their mean salaries will be less than
$29,000?
6.55%
If xത is used as an estimate of μ, we can be 100(1 − α)%
confident that the error will not exceed a specified amount e
when the sample size is . . .
2
Zα σ
2
n=
e
When solving for the sample size, n, we round all fractional values up to the next whole
number. By adhering to this principle, we can be sure that our degree of confidence never
falls below 100(1 − α)%.
7
Suppose we want to know the average age of an Florida State
College student, plus or minus 0.5 years. We’d like to be 99%
confident about our result. From a previous study, we know that
the standard deviation for the population is 2.9.
A. 222 C. 224
B. 223 D. 225
8
A marketing research firm wants to estimate the average amount a
student spends during the Spring break. They want to determine it
to within $120 with 90% confidence and standard deviation of 400.
How many students should they sample?
31
Confidence Intervals with 𝛔 unknown
but n ≥ 30
s s
xത − z a < μ < xത + z a
2 n 2 n
31.7, 39.7
Confidence Intervals with 𝛔 unknown
but n < 30
s s
xത − t a < μ < xത + t a
2 n 2 n
William Sealy Gosset (1876-1937) known to the statistical
world by his pseudonym, "Student," Gosset's name is
associated with the discovery of the t-distribution and its use.
11
Construct a 98% Confidence Interval based on the
following data: 45, 55, 67, 45, 68, 79, 98, 87, 84, 82.
27.2, 42.8
Confidence Intervals for Proportions
with Large Sample Size
𝑝Ƹ 𝑞ො 𝑝Ƹ 𝑞ො
pො + z a < μ < pො − z a
2 n 2 n
In order to use the normal approximation, we consider both np and n(1- p).
If both of these numbers are greater than or equal to 10, then we are
justified in using the normal approximation.
13
A sample of 500 nursing applications included 60 from men.
Find the 90% confidence interval of the true proportion of
men who applied to the nursing program
0.501, 0.649
Prediction Intervals
1 1
xത − t a 𝑠 1 + < μ < xത + t a 𝑠 1+
2 𝑛 2 𝑛
A. 1253,1371 C. 1453,1571
B. 1353,1471 D. 1553,1671
16
A manufacturer produces metal rods, and the length (in cm) of
rods is normally distributed. A sample of 10 rods is taken, and the
sample mean length is 50 cm, with a sample standard deviation of
2 cm. Find the 95% prediction interval for the length of a future
rod.
45.26, 54.74
Prediction Intervals
1 1
xത − t a 𝑠 1 + < μ < xത + t a 𝑠 1+
2 𝑛 2 𝑛
A. 6.82,7.68 C. 8.82,9.68
B. 7.82,8.68 D. 9.82,10.68
18
A factory produces packets of sugar, and the weight of the packets is
normally distributed. A sample of 15 packets is taken, and the sample
mean weight is 500 grams, with a sample standard deviation of 10 grams.
Find a 95% tolerance interval that contains at least 90% of the population
of sugar packet weights.
476.2, 523.8
Confidence Intervals for the Variance of a
Normal Population
0.1418, 0.3396