Answer:
a) The 90% confidence interval for the mean is (34.08, 35.52).
b) The 90% confidence interval for the mean is (34.44, 35.16).
c) Width for n=81: 1.44
Width for n=324: 0.72
d) The width of the interval is reduced by a factor of √4=2.
Explanation:
a) We have to calculate a 90% confidence interval for the mean.
The population standard deviation is not known, so we have to estimate it from the sample standard deviation and use a t-students distribution to calculate the critical value.
The sample mean is M=34.8.
The sample size is N=81.
When σ is not known, s divided by the square root of N is used as an estimate of σM:
The degrees of freedom for this sample size are:
The t-value for a 90% confidence interval and 80 degrees of freedom is t=1.66.
The margin of error (MOE) can be calculated as:
Then, the lower and upper bounds of the confidence interval are:
The 90% confidence interval for the mean is (34.08, 35.52).
b) As the sample size has changed, we recalculate the standard error:
The degrees of freedom for this sample size are:
The t-value for a 90% confidence interval and 323 degrees of freedom is t=1.65.
The margin of error (MOE) can be calculated as:
Then, the lower and upper bounds of the confidence interval are:
The 90% confidence interval for the mean is (34.44, 35.16).
c. The widths are:
For n=81
For n=324
d. The effect of quadrupling the sample size, with all the other parameters constant, is that the width of the interval is reduced by a factor of 2.
This is because the standard error, and therefore the margin of error, is reduced by a factor of √4=2, when the sample size is quadrupled.