see attachment.
@jim_thompson5910 Last Question!
do you know the confidence interval formulas?
is it this?
correct
ok on sec i'll try that.
ok
ok i'm stuck. were do i get t from?
t is the critical value
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
i can't find a big enough table with 33 on it.
look on line 2 under the "x values" section
and you'll see the value of 2.035, this is the critical value
so now i do 17.6+2.035*4.4/sq(35)?
n = 34, not n = 35
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)
you compute them out and evaluate as much as possible of course
17.6+2.035*4.4/sq(34)=19.13559833 17.6-2.035*4.4/sq(34)= 16.06440167
then round each to 2 decimal places
so 16.06,19.14?
yep
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---.*--
so which one do i look at?
nvm, the calculator is giving me trouble one sec while I find another one
hows this?
yeah i was getting the same thing, but the probability kept changing on me
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
so i do 17.6+2.0086*4.4/sq(50) & 17.6-2.0086*4.4/sq(50)?
n = 51 the df =50
so you're mixing the two up a bit
oh ok i see that now.
16.36,18.84?
I'm getting 16.35 instead of 16.36
oh wait, using the wrong value, one sec
ok now I'm getting 16.36 and 18.84
so you are correct
ok so now i'm not sure how the margin of error is affected.
well the margin of error is basically how far you go from the center of the confidence interval to either endpoint
so what is the margin of error for the CI in part a
i have no idea
what is the midpoint of the CI in part a
lol i don't know this is confusing. your the genies here give me a hint. lol
If E is the margin of error, then Lower Limit = xbar - E Upper Limit = xbar + E brb
so i do 16.36=17.6-E &18.84=17.6+E?
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
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
this is what you expect larger sample size ----> smaller margin of error
So the margin of error decreases?
yep
as your sample gets bigger, your get a more accurate picture of what you're trying to estimate
ok now for part c
for part c), the critical value is t = 2.7333
15.54,19.66?
good
now find the margin of error and compare it to the margin of error in part a
E=-2.06 E=2.06
so your margin of error is 2.06, compare that to the margin of error for part a
it increased
so for part c, the answer is A
ok Now for the last part. THANK GOD!! lol it's already 10pm!
part d is a bit odd...hmm let me think
I'm assuming it's a 99% CI, but it doesn't say
I'm thinking it's B because you can still use small sample sizes (I think) to compute the CI
I think the only thing you need to worry about is if the data is normally distributed
ok Thanks for the help!!
yw
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