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    Lecture7 - Interval Estimation Pt.3

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    brett
    * n = 8 (number of samples) * Mean (x-bar) = 110.125 * Sample standard deviation (s) = 1.8708 * Degrees of freedom (n-1) = 7 * t-value for 95% CI with df = 7 is 2.365 * Plugging into the formula: 95% CI for mean = x-bar ± t(0.05,n-1) * (s/√n) = 110.125 ± 2.365 * (1.8708/√8) = 110.125 ± 1.5 = (108.625, 111.625) Therefore, the 95% CI for the

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    Lecture7 - Interval Estimation Pt.3

    Uploaded by

    brett
    82 views14 pages
    * n = 8 (number of samples) * Mean (x-bar) = 110.125 * Sample standard deviation (s) = 1.8708 * Degrees of freedom (n-1) = 7 * t-value for 95% CI with df = 7 is 2.365 * Plugging into the formula: 95% CI for mean = x-bar ± t(0.05,n-1) * (s/√n) = 110.125 ± 2.365 * (1.8708/√8) = 110.125 ± 1.5 = (108.625, 111.625) Therefore, the 95% CI for the

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    Lecture7_Interval-Estimation-Pt.3

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    * n = 8 (number of samples) * Mean (x-bar) = 110.125 * Sample standard deviation (s) = 1.8708 * Degrees of freedom (n-1) = 7 * t-value for 95% CI with df = 7 is 2.365 * Plugging into the formula: 95% CI for mean = x-bar ± t(0.05,n-1) * (s/√n) = 110.125 ± 2.365 * (1.8708/√8) = 110.125 ± 1.5 = (108.625, 111.625) Therefore, the 95% CI for the

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    82 views14 pages

    Lecture7 - Interval Estimation Pt.3

    Uploaded by

    brett
    * n = 8 (number of samples) * Mean (x-bar) = 110.125 * Sample standard deviation (s) = 1.8708 * Degrees of freedom (n-1) = 7 * t-value for 95% CI with df = 7 is 2.365 * Plugging into the formula: 95% CI for mean = x-bar ± t(0.05,n-1) * (s/√n) = 110.125 ± 2.365 * (1.8708/√8) = 110.125 ± 1.5 = (108.625, 111.625) Therefore, the 95% CI for the

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 14

    Interval Estimation Pt.

    3
     Confidence Interval for Population Mean,
    ••  Case 1: when is known

    Formula:

    where is the z-score corresponding to an area of to


    the left of z
     Confidence Interval for Population Mean,
    ••  Case 1: when is known
    Formula:
    Common values for :

    2.576 1.96 1.645


    Example
    •   mean for the quality point indices (QPI) of a random sample of 36 students is 2.6. Find
    The
    the 99% CI for the mean. Assume the population standard deviation to be 0.3.
    Solution: 99% CI for the mean
    Given: if confidence level is 99% then, ; ; ;

    Length:
    Interpretation: “We are 99% confident that the true
    mean for QPI is between 2.47 and 2.73”
    Example
    •   mean for the quality point indices (QPI) of a random sample of 36 students is 2.6. Find
    The
    the 95% CI for the mean. Assume the population standard deviation to be 0.3.
    Solution: 95% CI for the mean
    Given: if confidence level is 95% then, ; ; ;

    Length:
    Interpretation: “We are 95% confident that the true
    mean for QPI is between 2.50 and 2.70”
    Example
    •   mean for the quality point indices (QPI) of a random sample of 36 students is 2.6.
    The
    Find the 90% CI for the mean. Assume the population standard deviation to be 0.3.
    Solution: 90% CI for the mean
    Given: if confidence level is 90% then, ; ; ;

    Length:
    Interpretation: “We are 90% confident that the true mean
    for QPI is between 2.52 and 2.68”
    •  90% CI
    • 95% CI:
    • 99% CI:

    • As the level of confidence increases, the length of the


    interval increases and it gets wider.
    Example
    Suppose a student measuring the boiling temperature of
    a certain liquid observes the following readings: 102.5,
    101.7, 103.1, 100.9, 100.5 and 102.2 on 6 different
    samples of the liquid. The mean of the sample was
    calculated to be 101.82. If the standard deviation for this
    procedure is 1.2,
    a. construct 90%, 95%, and 99% CI for the population
    mean
    b. find the length of each interval.
    Example
    •Construct
      90% CI estimate:
    Given: if confidence level is 90% then, ; ; ;

    Length:
    Interpretation: “We are 90% confident that the true mean
    temperature falls between 101.01and 102.63”
    Example
    •Construct
      95% CI estimate:
    Given: if confidence level is 95% then, ; ; ;

    Length:
    Interpretation: “We are 95% confident that the true mean
    temperature falls between 100.86and 102.78”
    Example
    •Construct
      99% CI estimate:
    Given: if confidence level is 99% then, ; ; ;

    Length:
    Interpretation: “We are 99% confident that the true mean
    temperature falls between 100.56and 103.08”
    Problems:
    A company that manufactures electronic calculators uses a certain
    type of plastic. It is known that the breaking strengths of the new
    plastic material follow the normal distribution and have a standard
    deviation of 10 psi. Six samples of the new plastic materials were
    randomly selected and their breaking strengths were determined.
    The data obtained were 156, 154, 168, 157, 160 and 158.

    a.) Construct 90%,95%, and 99% confidence interval for the true
    mean breaking strength of the new plastic material.
    b.) Interpret each interval.
     Confidence Interval for Population Mean,
    ••  Case 2: when is unknown

    Formula:

    where is the t-value corresponding to an area of with


    degrees of freedom n-1
    Example:
    • The contents of 8 similar bottles of acetic acid are 110, 112, 111, 109,
    107, 113, 110, and 109 milliliters. Find a 95% confidence interval for
    the mean of all such bottles, assuming an approximate normal
    distribution for the population of the acetic acid contents.

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