Final answer:
The standard error of the sample mean is 68.01. The 95% confidence interval for the population mean is (377.18, 754.82).
Step-by-step explanation:
A. To calculate the standard error of the sample mean, we need to calculate the standard deviation of the sample data first. The sample data consists of 5 students' SAT Verbal scores: 560, 500, 470, 660, and 640. To calculate the standard deviation, we follow these steps:
- Calculate the mean of the sample scores: (560 + 500 + 470 + 660 + 640) / 5 = 566.
- Subtract the mean from each individual score and square the result: (560 - 566)^2, (500 - 566)^2, (470 - 566)^2, (660 - 566)^2, (640 - 566)^2.
- Calculate the sum of the squared differences: (560 - 566)^2 + (500 - 566)^2 + (470 - 566)^2 + (660 - 566)^2 + (640 - 566)^2 = 92780.
- Divide the sum by the number of scores minus 1: 92780 / (5 - 1) = 23195.
- Finally, take the square root of the result to get the standard deviation: sqrt(23195) ≈ 152.19.
Now, to calculate the standard error of the sample mean, we divide the standard deviation by the square root of the sample size: 152.19 / sqrt(5) ≈ 68.01.
B. The 95% confidence interval for the population mean can be calculated using the formula: (sample mean - margin of error, sample mean + margin of error). The margin of error is obtained by multiplying the standard error by the critical value corresponding to a 95% confidence level. For a sample size of 5, the critical value is 2.776.
So, the margin of error is 2.776 * 68.01 = 188.82. The sample mean is 566. Therefore, the 95% confidence interval for the population mean is (566 - 188.82, 566 + 188.82) ≈ (377.18, 754.82).