In a random sample of 36 top-rated roller coasters, the average height is 165 feet and the standard deviation is 67 feet. Construct a 90% confidence interval for μ. Interpret the results. (Source: POP World Media, LLC)
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- 1. Intro to Stats and Collecting Data1h 14m
- 2. Describing Data with Tables and Graphs1h 55m
- 3. Describing Data Numerically2h 5m
- 4. Probability2h 16m
- 5. Binomial Distribution & Discrete Random Variables3h 6m
- 6. Normal Distribution and Continuous Random Variables2h 11m
- 7. Sampling Distributions & Confidence Intervals: Mean3h 23m
- Sampling Distribution of the Sample Mean and Central Limit Theorem19m
- Distribution of Sample Mean - Excel23m
- Introduction to Confidence Intervals15m
- Confidence Intervals for Population Mean1h 18m
- Determining the Minimum Sample Size Required12m
- Finding Probabilities and T Critical Values - Excel28m
- Confidence Intervals for Population Means - Excel25m
- 8. Sampling Distributions & Confidence Intervals: Proportion1h 25m
- 9. Hypothesis Testing for One Sample3h 57m
- 10. Hypothesis Testing for Two Samples4h 50m
- Two Proportions1h 13m
- Two Proportions Hypothesis Test - Excel28m
- Two Means - Unknown, Unequal Variance1h 3m
- Two Means - Unknown Variances Hypothesis Test - Excel12m
- Two Means - Unknown, Equal Variance15m
- Two Means - Unknown, Equal Variances Hypothesis Test - Excel9m
- Two Means - Known Variance12m
- Two Means - Sigma Known Hypothesis Test - Excel21m
- Two Means - Matched Pairs (Dependent Samples)42m
- Matched Pairs Hypothesis Test - Excel12m
- 11. Correlation1h 24m
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- 13. Chi-Square Tests & Goodness of Fit2h 21m
- 14. ANOVA1h 57m
7. Sampling Distributions & Confidence Intervals: Mean
Confidence Intervals for Population Mean
Problem 8.CR.6
Textbook Question
In Exercises 3–6, construct the indicated confidence interval for the population mean . Which distribution did you use to create the confidence interval?
c=0.90, x̅=8.21, σ=0.62, n=8
Verified step by step guidance1
Step 1: Identify the given values in the problem. The confidence level (c) is 0.90, the sample mean (x̅) is 8.21, the population standard deviation (σ) is 0.62, and the sample size (n) is 8.
Step 2: Determine the appropriate distribution to use. Since the population standard deviation (σ) is known and the sample size (n) is small (n < 30), use the standard normal (Z) distribution to construct the confidence interval.
Step 3: Find the critical value (Z*) corresponding to the confidence level of 0.90. To do this, calculate the area in each tail as (1 - c) / 2 = (1 - 0.90) / 2 = 0.05. Use a Z-table or statistical software to find the Z* value that leaves 0.05 in each tail.
Step 4: Calculate the margin of error (E) using the formula: . Substitute the values for Z*, σ, and n into the formula.
Step 5: Construct the confidence interval for the population mean using the formula: . Substitute the values for x̅ and E to find the lower and upper bounds of the confidence interval.
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Key Concepts
Here are the essential concepts you must grasp in order to answer the question correctly.
Confidence Interval
A confidence interval is a range of values, derived from sample statistics, that is likely to contain the population parameter with a specified level of confidence. For example, a 90% confidence interval suggests that if we were to take many samples and construct intervals in the same way, approximately 90% of those intervals would contain the true population mean.
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Normal Distribution
The normal distribution is a continuous probability distribution characterized by its bell-shaped curve, defined by its mean and standard deviation. When constructing confidence intervals, if the sample size is small (typically n < 30) and the population standard deviation is known, the t-distribution is often used instead of the normal distribution, especially when the underlying population is normally distributed.
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Standard Error
The standard error (SE) measures the variability of the sample mean estimate of a population mean. It is calculated as the population standard deviation divided by the square root of the sample size (σ/√n). A smaller standard error indicates that the sample mean is a more accurate estimate of the population mean, which is crucial for constructing a reliable confidence interval.
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