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Mathematics 15 Online
OpenStudy (kj4uts):

Suppose that, based on a sample, the 99.7% confidence interval for the mean of a population is (14, 44). What is the value of s/√n? A. 4 B. 3 C. 2 D. 5

OpenStudy (kj4uts):

OpenStudy (anonymous):

remember how margin of error \(m\) is your critical value for that confidence level times the SD? I'll call the critical value \(z^*\), but replace it with whatever variable name is relevant \[m = z^* \sigma = z^* \frac{s}{\sqrt{n}} \\ \frac{s}{\sqrt{n}} = \frac{m}{z^*} = \frac{(14 + 44)/2}{z^*} = \frac{29}{z^*} = \frac{29}{3}\] Your \(z^*\) value is of course 3 since 99.7% of data lies within 3 SDs of the mean on a normal distribution (assuming this is normal).

OpenStudy (kj4uts):

@KevinOrr so the answer is B. 3?

OpenStudy (amistre64):

hmm, your margin of error seems good but i want to know why you would do mean/z lets take the uppper half of the confidence interval: \[mean +z(s/\sqrt n)=max\] \[z(s/\sqrt n)=max-mean\] \[s/\sqrt n=\frac{max-mean}{z}\] since mean = (min+max)/2 max - (min+max)/2 (2max - min-max)/2 (max - min)/2 which isnt quite the mean.

OpenStudy (amistre64):

\[s/\sqrt n = \frac{(44-14)/2}{3}\]

OpenStudy (anonymous):

oops, complete lapse of thought: 44 - 14; not 44+14 lol

OpenStudy (kj4uts):

@amistre64 D. 5 ?

OpenStudy (kj4uts):

using the last formula you put I got 5

OpenStudy (anonymous):

@kjsofreshmurray can you reproduce it? Say, 95% of the data lies between 10 and 22.

OpenStudy (amistre64):

5 is what im going for as well

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