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Probability Interval, statistics help!
Assume that the population is normal with mean of 90 and standard deviation of 25. A sample of size 100 will be selected.
a.) What is your best estimate for the value of the sample mean?
b.) What is the value of the standard error?
c.) In the 95% probability interval for the sample mean, what is the value of the margin of error?
d.) Construct the 95% center probability interval for the sample mean. (Give lower limit (LL) and upper limit (UL).
(work shown below)
4a.) 90
4b.) 25 / (100)^1/2 = 25/10 = 5/2
4c.) 1.96 * (5/2) = 4.9
4d.) LL= 90 – 4.9 = 85.1
UL= 90 + 4.9 = 94.9
(84.1, 94.9)
Homework Statement
Assume that the population is normal with mean of 90 and standard deviation of 25. A sample of size 100 will be selected.
a.) What is your best estimate for the value of the sample mean?
b.) What is the value of the standard error?
c.) In the 95% probability interval for the sample mean, what is the value of the margin of error?
d.) Construct the 95% center probability interval for the sample mean. (Give lower limit (LL) and upper limit (UL).
Homework Equations
(work shown below)
The Attempt at a Solution
4a.) 90
4b.) 25 / (100)^1/2 = 25/10 = 5/2
4c.) 1.96 * (5/2) = 4.9
4d.) LL= 90 – 4.9 = 85.1
UL= 90 + 4.9 = 94.9
(84.1, 94.9)
Homework Statement
Homework Equations
The Attempt at a Solution
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