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Confidence Interval For The Population Mean With Known Variance
Confidence Interval For The Population Mean With Known Variance
Confidence Interval For The Population Mean With Known Variance
3. (35 p) A college admissions officer for an MBA program has determined that
historically applicants have undergraduate grade point averages that are normally
distributed with standard deviation 0.45. From a random sample of 25 applications
from the current year, the sample mean grade point average is 2.90.
a) Find a 95% confidence interval for the population mean.
b) Based on these sample results, a statistician computes for the population mean a
confidence interval extending from 2.81 to 2.99. Find the confidence level
associated with this interval.
Confidence interval for the population mean with known variance:
1.
a. The sorted data are shown below.
68 71 73 74 76 79 83
85 88 90 92 93 103 105
110 116 119 130 134 138 145
146 147 156 156 162 178 181
∑x
i =1
i
x= = 3198/28 = 114.21
n
Note the position of the median is (50/100)*n where n = 28. Because the median’s
position is 14, the average of the 14th and 15th position in the sorted array is the median,
which is (105+110)/2 = 107.50. The mode is the most frequently occurring value and is
156.
b. Because the mean is larger than the median the data are skewed right.
c. The box and whisker plot is shown below according to the Five-number summary:
The 25th percentile location is (25/100)*28 = 7. So Q1 is the average of the values in the
7th and 8th position of the sorted array. Q1 = (83+85)/2 = 84.
The 50th percentile (median) = 107.50 (found in part a).
The 75th percentile location is (75/100)*28 = 21. So Q3 is the average of the values in the
21st and 22nd position of the sorted array. Q3 = (145 + 146)/2 = 145.50.
Five-number Summary
Minimum 68
First Quartile 84
Median 107.5
Third Quartile 145.5
Maximum 181
B o x plo t o f S pe e d o f S e rv ice
180
160
Speed of Service
140
120
100
80
60
Note that the median is not in the center of the box and that the whiskers are not of equal
length. The whisker going up is longer than the whisker going down which indicates that
the data are skewed to the right. This supports the conclusion that the data are not
symmetric, but skewed.
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"'(!)* +
b)
, -
- - . -
(read/Table 3)
a) The probability that at least 12 out of 15 students enroll is the same as the probability
that at most 3 out of 15 students do not enroll (the probability of a student not
enrolling is:
/ . +
0 -
. +
+ -. !"1(!)* +
Not exist on Table 3
3. a)
Given:
- -2 34 5 6
5
5
-
-
778 9$ :$
"'
;<$= .#$%(!)*
Substitute in the formula given as follows to find 95% CI for the population
mean:
- -
- -
-.-+ +.
or equivalently
> > ?!;'
$#@$ - > .
-
5 -A. +.
34 5 +. A-A-6