The document discusses confidence intervals for estimating population parameters. It provides requirements for computing confidence intervals for a population proportion and mean. It includes worked examples to construct a 99% confidence interval for the proportion of yellow candies and a 95% confidence interval for the mean number of candies per bag using sample data. The intervals are interpreted and it is assessed whether single bag values were likely population values based on the intervals.
The document discusses confidence intervals for estimating population parameters. It provides requirements for computing confidence intervals for a population proportion and mean. It includes worked examples to construct a 99% confidence interval for the proportion of yellow candies and a 95% confidence interval for the mean number of candies per bag using sample data. The intervals are interpreted and it is assessed whether single bag values were likely population values based on the intervals.
The document discusses confidence intervals for estimating population parameters. It provides requirements for computing confidence intervals for a population proportion and mean. It includes worked examples to construct a 99% confidence interval for the proportion of yellow candies and a 95% confidence interval for the mean number of candies per bag using sample data. The intervals are interpreted and it is assessed whether single bag values were likely population values based on the intervals.
Explain in general the purpose and meaning of a confidence interval.
A Confidence Interval is a range or interval of values used to estimate the true
value of a population parameter. Confidence Intervals are used to help us get a single value and to see how good of an estimate that value is.
Identify the requirements for computing confidence intervals. List the
requirements separately for a confidence interval for a population proportion and for a population mean.
Population proportion:
Simple Random Sample n x p(hat) x (1 p(hat)) greater than or equal to 10 n is less than or equal to 0.05N
Population mean:
Simple Random Sample n is less than or equal to 0.05N population is normal or n is greater than 30
Using values for the class data that you computed in Part 2 of the project, construct a 99% confidence interval estimate for the true proportion of yellow candies using the class data as your sample. Remember that for this computation, n is the number of CANDIES for the entire class data. Include all your work, showing the formula used and appropriate values inserted (neatly written and scanned or typed).
Give an appropriate interpretation of your interval.
We are 99% confident that the true value of the population proportion is contained between .176 and .21185
Based on your interval for the true proportion of yellow candies, was the proportion of yellow candies in the single bag of candy you purchased a likely value for the true population proportion? Explain how you know using actual values from your data and computations.
The proportion of yellow candies in my bag is .186 compared to the class proportion which is .194. My bag is .008 below the class proportion which makes it a likely value for the population proportion.
Using values you computed in Part 2 of the project, construct a 95% confidence interval estimate for the true mean number of candies per bag using the class data as your sample, but for this computation, n is the number of BAGS. Include all your work, showing the formula used and appropriate values inserted (neatly written and scanned or typed).
Give an appropriate interpretation of your interval.
With 95% confidence that the true value of the population mean of the number of candies is contained between (59.2, 60.4)
Based on your interval for the true mean number of candies per bag, was the total number of candies in the single bag you purchased a likely value for the population mean? Explain how you know using actual values from your data and computations
If we were to randomly select random samples from our class and construct a confidence interval, eventually 95% will contain the mean. With 95% confidence, my bag does contain the value of the population mean .
Bioepi Handout by Lrcco 1St Sem Ay 2019 - 2020, Feu Manila, Dept. of Medical Technology For Class Use Only. Unauthorized Reproduction, and Distribution of This Material Is Strictly Prohibited