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".

$\bar X$ represent the sample mean for the sample

$\mu$ population mean (variable of interest)

$\sigma =80$ represent the population standard deviation

n=400 represent the sample size

Solution to the problem

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

$\bar X \pm t_{\alpha/2}\frac{s}{\sqrt{n}}$ (1)

Since the Confidence is 0.94 or 94%, the value of $\alpha=0.06$ and $\alpha/2 =0.03$ , and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-NORM.INV(0.03,0,1)".And we see that $z_{\alpha/2}=1.8808$

The margin of error is given by:

$ME= 1.8808 * \frac{80}{\sqrt{400}} =7.5232$

4 0

4 years ago

Curtis used grapes, strawberries, and apples in a fruit salad. Use the cluster below to find the amount of each fruit used.

Serggg [28]

There is no cluster below. Sorry

7 0

3 years ago