You are given the sample mean and the population standard deviation. Use this information to construct the​ 90% and​ 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals.

From a random sample of 74 ​dates, the mean record high daily temperature in a certain city has a mean of 85.22 degrees F. Assume the population standard deviation is 13.97 degrees F.

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Answer:

Very confused! at 95% confidence level, the true population mean will be between 134.33 and 145.67.

Step-by-step explanation:

A random sample of 45 home theater systems has a mean price of ​$140.00

Assume the population standard deviation is ​$19.40

population standard deviation is 19.40

sample size is 45.

standard error of the sample mean is 19.40 / sqrt(45) = 2.89198

at 90% confidence level, critical z is plus or minus 1.645.

at 95% confidence level, critical z is plus or minus 1.96.

critical raw score will be sample mean plus or minus critical z-score * standard error of the mean.

your sample mean is 140.

your standard error of the mean is 2.89198

at 90% confidence level, your critical raw score will be 140 plus or minus 1.645 * 2.89198.

that becomes 140 plus or minus 4.76 rounded to the nearest penny.

at 90% confidence level, the true population mean will be between 135.24 and 144.76.

at 95% confidence level, your critical raw score will be 140 plus or minus 1.96 * 2.89198.

that becomes 140 plus or minus 5.67 rounded to the nearest penny.

Using the z-distribution, it is found that:

  • The 90% confidence interval for the population mean is (82.55, 87.89). It means that we are 90% sure that the true population mean is between these two values.
  • The 95% confidence interval for the population mean is (82.04, 88.40). It means that we are 95% sure that the true population mean is between these two values.
  • The higher the confidence level, the higher the critical value is, and thus, a higher confidence level leads to a wider interval.

We are given the standard deviation for the population, and thus, the z-distribution is used.

The information is:

  • Sample mean of [tex]\overline{x} = 85.22[/tex].
  • Population standard deviation of [tex]\sigma = 13.97[/tex].
  • Sample size of 74, thus [tex]n = 74[/tex].

A z-confidence interval is given by:

[tex]\overline{x} \pm z\frac{\sigma}{\sqrt{n}}[/tex]

We have to find the critical value, which is z with a p-value of [tex]\frac{1 + \alpha}{2}[/tex], in which [tex]\alpha[/tex] is the confidence level.

For the 90% confidence interval, [tex]\alpha = 0.9[/tex], thus, z with a p-value of [tex]\frac{1 + 0.9}{2} = 0.95[/tex], which means that it is z = 1.645.

Then, the 90% confidence interval is:

[tex]\overline{x} - z\frac{\sigma}{\sqrt{n}} = 85.22 - 1.645\frac{13.97}{\sqrt{74}} = 82.55[/tex]

[tex]\overline{x} + z\frac{\sigma}{\sqrt{n}} = 85.22 + 1.645\frac{13.97}{\sqrt{74}} = 87.89[/tex]

The 90% confidence interval for the population mean is (82.55, 87.89). It means that we are 90% sure that the true population mean is between these two values.

For the 95% confidence interval, [tex]\alpha = 0.95[/tex], thus, z with a p-value of [tex]\frac{1 + 0.95}{2} = 0.975[/tex], which means that it is z = 1.96.

Then, the 95% confidence interval is:

[tex]\overline{x} - z\frac{\sigma}{\sqrt{n}} = 85.22 - 1.96\frac{13.97}{\sqrt{74}} = 82.04[/tex]

[tex]\overline{x} + z\frac{\sigma}{\sqrt{n}} = 85.22 + 1.96\frac{13.97}{\sqrt{74}} = 88.40[/tex]

The 95% confidence interval for the population mean is (82.04, 88.40). It means that we are 95% sure that the true population mean is between these two values.

The higher the confidence level, the higher the critical value is, and thus, a higher confidence level leads to a wider interval.

A similar problem is given at https://brainly.com/question/22596713

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