Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.
Sagot :
Answer:
(6243.99, 11014.53) ; 2385.27 ; (7998.17, 9260.34) ;
Step-by-step explanation:
Given the data:
6416; 1550; 2110; 9351; 21830; 4299; 5945; 5722; 2827; 2046; 5481; 5202; 5855; 2749; 10011; 6356; 27000; 9415; 7683; 3202; 17502; 9200; 7380; 18315; 6557; 13714; 17767; 7491; 2769; 2861; 1264; 7284; 28165; 5081; 11624
Using calculator :
Sample mean, m= 8629.25714
Sample standard deviation, s = 6943.92362
1.) T test distribution ;
Sample size, n = 35
Confidence interval (C. I) : m ± Zcritical * s/sqrt(n)
n = sample size = 35
Tn-1,0.025 = t34, 0.025 = 2.0322
C.I = 8629.25714 ± 2.0322 * (6943.92362 / sqrt(35))
C.I = 8629.25714 ± 2385.2689
Lower bound = 8629.25714 - 2385.2689 = 6243.98824
Upper bound = 8629.25714 + 2385.2689 = 11014.52604
(6243.99, 11014.53)
Error bound :
E = t34, 0.025 * (s/sqrt(n))
E = 2.0322 * 6943.92362 / sqrt(35)
E = 2.0322 * 1173.7373
E = 2385.27
C.)
If n = 500
C.I = 8629.25714 ± 2.0322 * (6943.92362 / sqrt(500))
C.I = 8629.25714 ± 631.08285
Lower bound = 8629.25714 - 631.08285 = 7998.17429
Upper bound = 8629.25714 + 631.08285 = 9260.33999
(7998.17, 9260.34)
Error bound :
E = t34, 0.025 * (s/sqrt(n))
E = 2.0322 * 6943.92362 / sqrt(500)
E = 2.0322 * 310.54170
E = 631.08
Both the error margin and the confidence interval reduces due to large sample size.
Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.