A soft drink machine is regulated so that the amount of drink it dispenses follows a normal distribution with a known standard deviation of the drinks dispensed of 20 milliliters. A random sample of 30 drinks from the machine had an average volume of 373 milliliters. Determine a 95% confidence interval for the average amount of all drinks dispensed by this machine. Here I know the formula for confidence intervals but not sure of how to proceed with the question. Can any 1 help me out?
lets list out whats given : \(\sigma = 20\) \(n = 30\) \(\overline{x} = 373\)
Confidence interval = \(\large \overline{x} \pm Z^* \frac{\sigma}{\sqrt{n}}\)
simply plugin the values
oh....simple calculation. But is there any specific table for calculating confidence interval....I have no idea.
look at the zscore value when the area is approximately \(0.95\)
thanks a lot. I have to solve many problems based on confidence intervals...it will be useful for me!!!
ack.. I was wrong earlier, for 95% CI, the zscore is \(1.64\)
so, \(\large Z^* = 1.64\)
np :)
ok....ty!!!!
I have one more concern....what happens if the 30 samples alone has different standard deviation. Should we calculate the confidence interval for both and subtract it?
good question :)
let me rephrase ur question a bit
you're asking :- "If we know both population standard deviation and the sample standard deviation, which one we need to use for computing Confidence Intervals ?"
thats the question, right ?
spot on!!!!!!
If the population is not too much skewed, then the sample standard deviation should MATCH almost perfectly with population standard deviaiton
here is the rule of thumb :- if you knw populaiton standard deviation, USE it !! if you dont knw population standard deviaition, compute standard deviation from sample
In general, you will not have access to populaiton parameters... cuz when u do surveys u wont knw upfront what their mean/standard deviation will be
so we will be computing sample standard deviation almost all the time
say, if both population S.D and sample S.D are given in a problem....what should we do??
say, sample SD is 20 and population SD is 23. should we solve the problem with sample SD?
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