In Exercises 13–16, (a) find the margin of error for the values of c, s, and n, and (b) construct the confidence interval for using the t-distribution. Assume the population is normally distributed. c = 0.90, s = 25.6, n = 16, xbar = 72.1
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Step 1: Identify the given values and understand the problem. Here, c = 0.90 (confidence level), s = 25.6 (sample standard deviation), n = 16 (sample size), and x̄ = 72.1 (sample mean). The goal is to calculate the margin of error and construct the confidence interval using the t-distribution.
Step 2: Calculate the degrees of freedom (df) for the t-distribution. The formula is df = n - 1. Substitute n = 16 into the formula to find df.
Step 3: Determine the critical t-value (t*) for the given confidence level (c = 0.90) and degrees of freedom (df). Use a t-distribution table or statistical software to find t* corresponding to a two-tailed test with a 90% confidence level.
Step 4: Compute the margin of error (E) using the formula E = t* × (s / √n). Substitute the values of t*, s = 25.6, and n = 16 into the formula. Simplify the expression to find E.
Step 5: Construct the confidence interval for the population mean (μ) using the formula: Confidence Interval = x̄ ± E. Substitute x̄ = 72.1 and the calculated margin of error (E) into the formula to express the confidence interval.
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Key Concepts
Here are the essential concepts you must grasp in order to answer the question correctly.
Margin of Error
The margin of error quantifies the uncertainty in a sample estimate. It is calculated using the formula: Margin of Error = t * (s / √n), where t is the t-score corresponding to the desired confidence level, s is the sample standard deviation, and n is the sample size. A smaller margin of error indicates a more precise estimate of the population parameter.
Finding the Minimum Sample Size Needed for a Confidence Interval
Confidence Interval
A confidence interval is a range of values, derived from a sample, that is likely to contain the population parameter with a specified level of confidence. It is constructed using the formula: Confidence Interval = x̄ ± Margin of Error, where x̄ is the sample mean. For a 90% confidence level, the interval provides a range where we expect the true population mean to fall.
The t-distribution is a probability distribution used when estimating population parameters when the sample size is small (typically n < 30) and the population standard deviation is unknown. It is similar to the normal distribution but has heavier tails, which accounts for the increased variability in smaller samples. The t-score is used in calculating the margin of error and confidence intervals.