Final answer:
To compute the confidence intervals, use the formula CI = x ± Z * (σ / √n), where x is the sample mean, Z is the Z-value, σ is the standard deviation, and n is the sample size. For different confidence levels and sample sizes, the CI intervals can be calculated accordingly. In this case, the 95% CIs for different sample sizes and x values are computed. Additionally, the required sample size to achieve a specific CI width is determined.
Step-by-step explanation:
To compute the confidence intervals for the true average stray-load loss, we can use the formula:
CI = x ± Z * (σ / √n)
Where:
x = sample mean
Z = Z-value corresponding to the desired confidence level
σ = standard deviation
n = sample size
(a) For a 95% CI with n = 25 and x = 57.6:
Z-value for 95% confidence level = 1.96 (from standard normal distribution table)
CI = 57.6 ± (1.96 * (2.9 / √25))
CI ≈ 57.6 ± 1.143
CI ≈ (56.45, 58.75)
(b) For a 95% CI with n = 100 and x = 57.6:
Z-value for 95% confidence level = 1.96
CI = 57.6 ± (1.96 * (2.9 / √100))
CI ≈ 57.6 ± 0.569
CI ≈ (57.031, 58.169)
(c) For a 99% CI with n = 100 and x = 57.6:
Z-value for 99% confidence level = 2.58
CI = 57.6 ± (2.58 * (2.9 / √100))
CI ≈ 57.6 ± 0.746
CI ≈ (56.854, 58.346)
(d) For an 82% CI with n = 100 and x = 57.6:
Z-value for 82% confidence level = 1.386
CI = 57.6 ± (1.386 * (2.9 / √100))
CI ≈ 57.6 ± 0.448
CI ≈ (57.152, 58.048)
(e) To find the required sample size for a 99% CI with a width of 1.0:
Z-value for 99% confidence level = 2.58
CI width = 2 * (Z-value * (2.9 / √n))
1.0 = 2 * (2.58 * (2.9 / √n))
Solving for n:
1.0 / 5.16 = 2.9 / √n
√n = (2.9 * 5.16) / 1.0
n ≈ 26.505
Rounding up to the nearest whole number, n = 27