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OpenStudy (anonymous):

see attachment.

OpenStudy (anonymous):

OpenStudy (anonymous):

@jim_thompson5910 Last Question!

jimthompson5910 (jim_thompson5910):

do you know the confidence interval formulas?

OpenStudy (anonymous):

is it this?

jimthompson5910 (jim_thompson5910):

correct

OpenStudy (anonymous):

ok on sec i'll try that.

jimthompson5910 (jim_thompson5910):

ok

OpenStudy (anonymous):

ok i'm stuck. were do i get t from?

jimthompson5910 (jim_thompson5910):

t is the critical value

jimthompson5910 (jim_thompson5910):

this is the value k that satisfies the equation P(T > k) = 0.025 where df = n-1 = 34 - 1 = 33 Note: alpha = 1-CL = 1-0.95 = 0.05, so alpha/2 = 0.05/2 = 0.025

OpenStudy (anonymous):

i can't find a big enough table with 33 on it.

jimthompson5910 (jim_thompson5910):

look on line 2 under the "x values" section

jimthompson5910 (jim_thompson5910):

and you'll see the value of 2.035, this is the critical value

OpenStudy (anonymous):

so now i do 17.6+2.035*4.4/sq(35)?

jimthompson5910 (jim_thompson5910):

n = 34, not n = 35

jimthompson5910 (jim_thompson5910):

so the upper limit is 17.6+2.035*4.4/sq(34) the lower limit is 17.6-2.035*4.4/sq(34)

jimthompson5910 (jim_thompson5910):

you compute them out and evaluate as much as possible of course

OpenStudy (anonymous):

17.6+2.035*4.4/sq(34)=19.13559833 17.6-2.035*4.4/sq(34)= 16.06440167

jimthompson5910 (jim_thompson5910):

then round each to 2 decimal places

OpenStudy (anonymous):

so 16.06,19.14?

jimthompson5910 (jim_thompson5910):

yep

jimthompson5910 (jim_thompson5910):

for part b, the same steps will be taken but this time n = 51 so the critical value will change and it will become t = 0.962 http://www.wolframalpha.com/input/?i=tcdf&a=*C.tcdf-_*Formula.dflt-&f2=50&x=5&y=8&f=StudentTProbabilities.df_50&f3=0.025&f=StudentTProbabilities.pr \u005f0.025&a=*FVarOpt.1-_***StudentTProbabilities.pr--.***StudentTProbabilities.x--.**StudentTProbabilities.l-.*StudentTProbabilities.r---.*--

OpenStudy (anonymous):

so which one do i look at?

jimthompson5910 (jim_thompson5910):

nvm, the calculator is giving me trouble one sec while I find another one

OpenStudy (anonymous):

hows this?

jimthompson5910 (jim_thompson5910):

yeah i was getting the same thing, but the probability kept changing on me

jimthompson5910 (jim_thompson5910):

I'm using this one now http://www.danielsoper.com/statcalc3/calc.aspx?id=10 and got a critical value of t = 2.00855911 so it's roughly t = 2.0086

OpenStudy (anonymous):

so i do 17.6+2.0086*4.4/sq(50) & 17.6-2.0086*4.4/sq(50)?

jimthompson5910 (jim_thompson5910):

n = 51 the df =50

jimthompson5910 (jim_thompson5910):

so you're mixing the two up a bit

OpenStudy (anonymous):

oh ok i see that now.

OpenStudy (anonymous):

16.36,18.84?

jimthompson5910 (jim_thompson5910):

I'm getting 16.35 instead of 16.36

jimthompson5910 (jim_thompson5910):

oh wait, using the wrong value, one sec

jimthompson5910 (jim_thompson5910):

ok now I'm getting 16.36 and 18.84

jimthompson5910 (jim_thompson5910):

so you are correct

OpenStudy (anonymous):

ok so now i'm not sure how the margin of error is affected.

jimthompson5910 (jim_thompson5910):

well the margin of error is basically how far you go from the center of the confidence interval to either endpoint

jimthompson5910 (jim_thompson5910):

so what is the margin of error for the CI in part a

OpenStudy (anonymous):

i have no idea

jimthompson5910 (jim_thompson5910):

what is the midpoint of the CI in part a

OpenStudy (anonymous):

lol i don't know this is confusing. your the genies here give me a hint. lol

jimthompson5910 (jim_thompson5910):

If E is the margin of error, then Lower Limit = xbar - E Upper Limit = xbar + E brb

OpenStudy (anonymous):

so i do 16.36=17.6-E &18.84=17.6+E?

jimthompson5910 (jim_thompson5910):

solve each equation for E to get 16.36=17.6-E 16.36-17.6=17.6-E-17.6 -1.24 = -E E = 1.24 ------------------------ 18.84=17.6+E 18.84-17.6=E 1.24=E E = 1.24 So the margin of error for the confidence interval in part b) is 1.24

jimthompson5910 (jim_thompson5910):

the margin of error for the CI in part a) is U = xbar + E 19.14 = 17.6 + E E = 19.14 - 17.6 E = 1.54 ----------------- L = xbar - E 16.06 = 17.6 + E -E = 16.06 - 17.6 -E = -1.54 E = 1.54 So the margin of of error for the confidence interval in part a) is 1.54

jimthompson5910 (jim_thompson5910):

this is what you expect larger sample size ----> smaller margin of error

OpenStudy (anonymous):

So the margin of error decreases?

jimthompson5910 (jim_thompson5910):

yep

jimthompson5910 (jim_thompson5910):

as your sample gets bigger, your get a more accurate picture of what you're trying to estimate

OpenStudy (anonymous):

ok now for part c

jimthompson5910 (jim_thompson5910):

for part c), the critical value is t = 2.7333

OpenStudy (anonymous):

15.54,19.66?

jimthompson5910 (jim_thompson5910):

good

jimthompson5910 (jim_thompson5910):

now find the margin of error and compare it to the margin of error in part a

OpenStudy (anonymous):

E=-2.06 E=2.06

jimthompson5910 (jim_thompson5910):

so your margin of error is 2.06, compare that to the margin of error for part a

OpenStudy (anonymous):

it increased

jimthompson5910 (jim_thompson5910):

so for part c, the answer is A

OpenStudy (anonymous):

ok Now for the last part. THANK GOD!! lol it's already 10pm!

jimthompson5910 (jim_thompson5910):

part d is a bit odd...hmm let me think

jimthompson5910 (jim_thompson5910):

I'm assuming it's a 99% CI, but it doesn't say

jimthompson5910 (jim_thompson5910):

I'm thinking it's B because you can still use small sample sizes (I think) to compute the CI

jimthompson5910 (jim_thompson5910):

I think the only thing you need to worry about is if the data is normally distributed

OpenStudy (anonymous):

ok Thanks for the help!!

jimthompson5910 (jim_thompson5910):

yw

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