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19. The average yearly income for 28 married couples living
in city C is $58,219. The standard deviation of the sample is
$56. Find the 95% confidence interval of the true mean.
20. The number of unhealthy days based on the AQI

Sagot :

Answer:

[tex]\{58198.2573,58239.7427\}[/tex]

Step-by-step explanation:

We assume that the following conditions are true before constructing the confidence interval:

Assumption #1: Random Sampling.

Assumption #2: Independence.

Assumption #3: Large Sample.

Assumption #4: The 10% Condition (sample size is no bigger than 10% of population

Assumption #5: The Success / Failure Condition.

Assumption #6: Homogeneity of Variances.

A 95% confidence level correlates to a critical value of [tex]z^*=1.96[/tex], hence:

[tex]\displaystyle CI=\bar{x}\pm z^*\biggr(\frac{s}{\sqrt{n}}\biggr)\\\\CI=58219\pm 1.96\biggr(\frac{56}{\sqrt{28}}\biggr)\\\\CI=58219\pm20.7427\\\\CI=\{58198.2573,58239.7427\}[/tex]

Therefore, we are 95% confident that the true mean of the average yearly income for a married couple living in city C is between $58,198.2573 and $58,239.7427