A random sample of ten 2011 sports cars is taken and their city mileage is recorded. The results are as follows: 20 21 25 21 21 23 31 32 28 26 Assuming the population distribution is normal, compute E, the margin of error for the t interval, for a 90% confidence interval for m, the population mean of the city mpg for 2011 sports cars.

Respuesta :

Answer:

[tex] ME = 1.833 * \frac{4.367}{\sqrt{10}}= 2.531[/tex]

Step-by-step explanation:

Previous concepts

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[/tex] represent the sample mean for the sample  

[tex]\mu[/tex] population mean (variable of interest)

s represent the sample standard deviation

n represent the sample size  

Solution to the problem

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)

In order to calculate the mean and the sample deviation we can use the following formulas:  

[tex]\bar X= \sum_{i=1}^n \frac{x_i}{n}[/tex] (2)  

[tex]s=\sqrt{\frac{\sum_{i=1}^n (x_i-\bar X)}{n-1}}[/tex] (3)  

The mean calculated for this case is [tex]\bar X=24.8[/tex]

The sample deviation calculated [tex]s=4.367[/tex]

In order to calculate the critical value [tex]t_{\alpha/2}[/tex] we need to find first the degrees of freedom, given by:

[tex]df=n-1=10-1=9[/tex]

Since the Confidence is 0.90 or 90%, the value of [tex]\alpha=0.1[/tex] and [tex]\alpha/2 =0.005[/tex], and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-T.INV(0.05,9)".And we see that [tex]t_{\alpha/2}=1.833[/tex]

And the margin of error would be given by:

[tex] ME = 1.833 * \frac{4.367}{\sqrt{10}}= 2.531[/tex]