Respuesta :
Answer:
1) [tex]0.0826052-2.776\frac{0.000013424}{\sqrt{5}}=0.082588[/tex]
[tex]0.0826052+2.776\frac{0.000013424}{\sqrt{5}}=0.0826219[/tex]
b) [tex] ME= 2.776\frac{0.000013424}{\sqrt{5}}=0.0000166653[/tex]
And we want 2/3 of the margin of error so then would be: [tex] 2/3 ME = 0.00001111[/tex]
The margin of error is given by this formula:
[tex] ME=z_{\alpha/2}\frac{s}{\sqrt{n}}[/tex] (1)
And on this case we have that ME =0.00001111016 and we are interested in order to find the value of n, if we solve n from equation (1) we got:
[tex]n=(\frac{z_{\alpha/2} s}{ME})^2[/tex] (2)
Replacing we got:
[tex]n=(\frac{2.776(0.000013424)}{0.00001111})^2 =11.25 \approx 12[/tex]
So the answer for this case would be n=12 rounded up to the nearest integer
Step-by-step explanation:
Information given
0.082601, 0.082621, 0.082589, 0.082617, 0.082598
We can calculate the sample mean and deviation with the following formulas:
[tex] \bar X= \frac{\sum_{i=1}^n X_i}{n}[/tex]
[tex]s = \sqrt{\frac{\sum_{i=1}^n (X_i -\bar X)^2}{n-1}}[/tex]
[tex]\bar X=0.0826052[/tex] represent the sample mean
[tex]\mu[/tex] population mean
s=0.000013424 represent the sample standard deviation
n=5 represent the sample size
Part 1
The confidence interval for the mean is given by the following formula:
[tex]\bar X \pm t_{\alpha/2}\frac{s}{\sqrt{n}}[/tex] (1)
The degrees of freedom, given by:
[tex]df=n-1=5-1=4[/tex]
The Confidence level is 0.95 or 95%, and the significance would be [tex]\alpha=0.05[/tex] and [tex]\alpha/2 =0.025[/tex], the critical value would be using the t distribution with 4 degrees of freedom: [tex]t_{\alpha/2}=2.776[/tex]
Now we have everything in order to replace into formula (1):
[tex]0.0826052-2.776\frac{0.000013424}{\sqrt{5}}=0.082588[/tex]
[tex]0.0826052+2.776\frac{0.000013424}{\sqrt{5}}=0.0826219[/tex]
Part 2
The original margin of error is given by:
[tex] ME= 2.776\frac{0.000013424}{\sqrt{5}}=0.0000166653[/tex]
And we want 2/3 of the margin of error so then would be: [tex] 2/3 ME = 0.00001111[/tex]
The margin of error is given by this formula:
[tex] ME=z_{\alpha/2}\frac{s}{\sqrt{n}}[/tex] (1)
And on this case we have that ME =0.00001111016 and we are interested in order to find the value of n, if we solve n from equation (1) we got:
[tex]n=(\frac{z_{\alpha/2} s}{ME})^2[/tex] (2)
Replacing we got:
[tex]n=(\frac{2.776(0.000013424)}{0.00001111})^2 =11.25 \approx 12[/tex]
So the answer for this case would be n=12 rounded up to the nearest integer