Respuesta :
Answer:
a) The 95% confidence interval would be given by (509.592;550.308)
b) n=523 rounded up to the nearest integer
Step-by-step explanation:
A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".
The margin of error is the range of values below and above the sample statistic in a confidence interval.
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
[tex]\bar X=530[/tex] represent the sample mean for the sample
[tex]\mu[/tex] population mean
s=70 represent the sample standard deviation
n=48 represent the sample size (variable of interest)
Confidence =95% or 0.995
Part a
The confidence interval for the mean is given by the following formula:
[tex]\bar X \pm t_{\alpha/2}\frac{s}{\sqrt{n}}[/tex] (1)
The degrees of freedom are df=n-1=48-1=47
Since the Confidence is 0.95 or 95%, the value of [tex]\alpha=0.05[/tex] and [tex]\alpha/2 =0.025[/tex], and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-T.INV(0.025,47)".And we see that [tex]z_{\alpha/2}=2.01[/tex]
Now we have everything in order to replace into formula (1):
[tex]530-2.01\frac{70}{\sqrt{48}}=509.692[/tex]
[tex]530+2.01\frac{70}{\sqrt{48}}=550.308[/tex]
So on this case the 95% confidence interval would be given by (509.592;550.308)
Part b
The margin of error is given by this formula:
[tex] ME=z_{\alpha/2}\frac{\sigma}{\sqrt{n}}[/tex] (a)
Assuming that [tex]\hat \sigma =s[/tex]
And on this case we have that ME =6msec, and we are interested in order to find the value of n, if we solve n from equation (a) we got:
[tex]n=(\frac{z_{\alpha/2} \sigma}{ME})^2[/tex] (b)
The critical value for 95% of confidence interval is provided, [tex]z_{\alpha/2}=1.96[/tex], replacing into formula (b) we got:
[tex]n=(\frac{1.96(70)}{6})^2 =522.88 \approx 523[/tex]
So the answer for this case would be n=523 rounded up to the nearest integer