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Sales personnel for Skillings Distributors submit weekly reports listing the customer contacts made during the week. A sample of 65 weekly reports showed a sample mean of 17.5 customer contacts per week. The sample standard deviation was 4.2.

Required:
Provide 90%90% and 95%95% confidence intervals for the population mean number of weekly customer contacts for the sales personnel.

User Sean Heiss
by
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1 Answer

4 votes

Answer:

Since the Confidence is 0.90 or 90%, the value of
\alpha=0.1 and
\alpha/2 =0.05, and the critical value would be
t_(\alpha/2)=1.669

And replacing we got


17.5-1.669(4.2)/(√(65))=16.63


17.5+1.669(4.2)/(√(65))=18.37

For the 95% confidence the critical value is
t_(\alpha/2)=1.998


17.5-1.998(4.2)/(√(65))=16.46


17.5+1.998(4.2)/(√(65))=18.54

Explanation:

Information given


\bar X¿ 17.5 represent the sample mean


\mu population mean (variable of interest)

s¿4.2 represent the sample standard deviation

n¿65 represent the sample size

Confidence interval

The confidence interval for the mean is given by the following formula:


\bar X \pm t_(\alpha/2)(s)/(√(n)) (1)

The degrees of freedom are given by:


df=n-1=65-1=64

Since the Confidence is 0.90 or 90%, the value of
\alpha=0.1 and
\alpha/2 =0.05, and the critical value would be
t_(\alpha/2)=1.669

And replacing we got


17.5-1.669(4.2)/(√(65))=16.63


17.5+1.669(4.2)/(√(65))=18.37

For the 95% confidence the critical value is
t_(\alpha/2)=1.998


17.5-1.998(4.2)/(√(65))=16.46


17.5+1.998(4.2)/(√(65))=18.54

User Peter Burns
by
4.9k points