Respuesta :
Answer:
a) [tex] \bar X =\frac{46+54}{2}=50[/tex]
And the margin of error is given by:
[tex] ME= \frac{54-46}{2}= 4[/tex]
The confidence level is 0.96 and the significance level is [tex]\alpha=1-0.96=0.04[/tex] and the value of [tex]\alpha/2 =0.02[/tex] and the margin of error is given by:
[tex] ME=z_{\alpha/2}\frac{\sigma}{\sqrt{n}} [/tex]
We can calculate the critical value and we got:
[tex] z_{\alpha/2} = 2.05[/tex]
And if we solve for the deviation like this:
[tex] \sigma = ME * \frac{\sqrt{n}}{z_{\alpha/2}}[/tex]
And replacing we got:
[tex] \sigma =4 *\frac{\sqrt{80}}{2.05} =17.45 [/tex]
b) [tex] ME=z_{\alpha/2}\frac{\sigma}{\sqrt{n}}=2.05 *\frac{17.45}{\sqrt{160}}=2.828[/tex]
And as we can see that the margin of error would be lower than the original value of 4, the margin of error would be reduced by a factor [tex]\sqrt{2}[/tex]
Step-by-step explanation:
Previous concepts
A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".
The margin of error is the range of values below and above the sample statistic in a confidence interval.
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
[tex]\bar X[/tex] represent the sample mean
[tex]\mu[/tex] population mean (variable of interest)
[tex]\sigma[/tex] represent the population standard deviation
n=80 represent the sample size
Solution to the problem
Part a
The confidence interval for the mean is given by the following formula:
[tex]\bar X \pm z_{\alpha/2}\frac{\sigma}{\sqrt{n}}[/tex] (1)
For this case we can calculate the mean like this:
[tex] \bar X =\frac{46+54}{2}=50[/tex]
And the margin of error is given by:
[tex] ME= \frac{54-46}{2}= 4[/tex]
The confidence level is 0.96 and the significance level is [tex]\alpha=1-0.96=0.04[/tex] and the value of [tex]\alpha/2 =0.02[/tex] and the margin of error is given by:
[tex] ME=z_{\alpha/2}\frac{\sigma}{\sqrt{n}} [/tex]
We can calculate the critical value and we got:
[tex] z_{\alpha/2} = 2.05[/tex]
And if we solve for the deviation like this:
[tex] \sigma = ME * \frac{\sqrt{n}}{z_{\alpha/2}}[/tex]
And replacing we got:
[tex] \sigma =4 *\frac{\sqrt{80}}{2.05} =17.45 [/tex]
Part b
For this case is the sample size is doubled the margin of error would be:
[tex] ME=z_{\alpha/2}\frac{\sigma}{\sqrt{n}}=2.05 *\frac{17.45}{\sqrt{160}}=2.828[/tex]
And as we can see that the margin of error would be lower than the original value of 4, the margin of error would be reduced by a factor [tex]\sqrt{2}[/tex]